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Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets by Major Class

Intangible assets consist of the following:

 

 

(Stated in millions)

 

 

 

2023

 

2022

 

Gross

 

Accumulated

 

 

Net Book

 

Gross

 

Accumulated

 

 

Net Book

 

Book Value

 

Amortization

 

 

Value

 

Book Value

 

Amortization

 

 

Value

 

Customer Relationships

$

1,887

 

$

709

 

$

1,178

 

$

1,680

 

$

631

 

$

1,049

 

Technology/Technical Know-How

 

1,516

 

 

 

770

 

 

746

 

 

1,280

 

 

 

676

 

 

604

 

Tradenames

 

795

 

 

265

 

 

530

 

 

767

 

 

222

 

 

545

 

Other

 

1,582

 

 

797

 

 

785

 

 

1,657

 

 

863

 

 

794

 

$

5,780

 

$

2,541

 

$

3,239

 

$

5,384

 

$

2,392

 

$

2,992