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Fixed Assets (Tables)
9 Months Ended
Sep. 30, 2024
Property, Plant and Equipment [Abstract]  
Summary of Fixed Assets

Fixed assets consist of the following:

 

(Stated in millions)

 

 

 

 

 

 

 

 

Sept. 30,

 

 

Dec. 31,

 

 

2024

 

 

2023

 

Property, plant & equipment

$

30,400

 

$

29,965

 

Less: Accumulated depreciation

 

23,040

 

 

22,725

 

$

7,360

 

$

7,240

 

Summary of Depreciation Expense Relating to Fixed Assets

Depreciation expense relating to fixed assets was as follows:

 

(Stated in millions)

 

 

 

 

 

 

 

 

2024

 

 

2023

 

Third Quarter

$

394

 

$

365

 

Nine Months

$

1,155

 

$

1,065