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Fixed Assets
 3 Months Ended
Mar. 31, 2019
Property Plant And Equipment [Abstract]  
Fixed Assets

4.   Fixed Assets

A summary of fixed assets follows:

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

Mar. 31,

 

 

Dec. 31,

 

 

2019

 

 

2018

 

Property, plant & equipment

$

38,714

 

 

$

38,664

 

Less: Accumulated depreciation

 

27,181

 

 

 

26,985

 

 

$

11,533

 

 

$

11,679

 

 

Depreciation expense relating to fixed assets was $512 million and $523 million in the first quarter of 2019 and 2018, respectively.