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Fixed Assets
6 Months Ended
Jun. 30, 2020
Property Plant And Equipment [Abstract]  
Fixed Assets

5.   Fixed Assets

A summary of fixed assets follows:

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

Jun. 30,

 

 

Dec. 31,

 

 

2020

 

 

2019

 

Property, plant & equipment

$

32,737

 

 

$

35,009

 

Less: Accumulated depreciation

 

25,008

 

 

 

25,739

 

 

$

7,729

 

 

$

9,270

 

 

Depreciation expense relating to fixed assets was as follows:

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

2020

 

 

2019

 

Second Quarter

$

417

 

 

$

514

 

Six Months

$

866

 

 

$

1,026