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Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2018
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, 2018

 

 

Dec. 31, 2017

 

 

Gross

 

 

Accumulated

 

 

Net Book

 

 

Gross

 

 

Accumulated

 

 

Net Book

 

 

Book Value

 

 

Amortization

 

 

Value

 

 

Book Value

 

 

Amortization

 

 

Value

 

Customer relationships

$

4,814

 

 

$

1,129

 

 

$

3,685

 

 

$

4,832

 

 

$

1,020

 

 

$

3,812

 

Technology/technical know-how

 

3,578

 

 

 

1,137

 

 

 

2,441

 

 

 

3,634

 

 

 

1,078

 

 

 

2,556

 

Tradenames

 

2,806

 

 

 

584

 

 

 

2,222

 

 

 

2,806

 

 

 

533

 

 

 

2,273

 

Other

 

1,325

 

 

 

581

 

 

 

744

 

 

 

1,295

 

 

 

582

 

 

 

713

 

 

$

12,523

 

 

$

3,431

 

 

$

9,092

 

 

$

12,567

 

 

$

3,213

 

 

$

9,354

 

 

Amortization Expense Charged to Income for Intangible Assets

Amortization expense charged to income was as follows:

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

2018

 

 

2017

 

Second Quarter

$

174

 

 

$

167

 

Six Months

$

339

 

 

$

336