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Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2017
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets by Major Class

The gross book value, accumulated amortization and net book value of intangible assets were as follows:

 

 

(Stated in millions)

 

 

 

 

 

Jun. 30, 2017

 

 

Dec. 31, 2016

 

 

Gross

 

 

Accumulated

 

 

Net Book

 

 

Gross

 

 

Accumulated

 

 

Net Book

 

 

Book Value

 

 

Amortization

 

 

Value

 

 

Book Value

 

 

Amortization

 

 

Value

 

Customer relationships

$

4,944

 

 

$

985

 

 

$

3,959

 

 

$

4,938

 

 

$

865

 

 

$

4,073

 

Technology/technical know-how

 

3,664

 

 

 

960

 

 

 

2,704

 

 

 

3,655

 

 

 

835

 

 

 

2,820

 

Tradenames

 

2,847

 

 

 

511

 

 

 

2,336

 

 

 

2,847

 

 

 

458

 

 

 

2,389

 

Other

 

1,222

 

 

 

585

 

 

 

637

 

 

 

1,122

 

 

 

549

 

 

 

573

 

 

$

12,677

 

 

$

3,041

 

 

$

9,636

 

 

$

12,562

 

 

$

2,707

 

 

$

9,855

 

 

Amortization Expense Charged to Income for Intangible Assets

Amortization expense charged to income was as follows:

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

2017

 

 

2016

 

Second Quarter

$

167

 

 

$

160

 

Six Months

$

336

 

 

$

249