Fixed Assets

9 Months Ended

Sep. 30, 2020

Property Plant And Equipment [Abstract]

Fixed Assets

5.   Fixed Assets

A summary of fixed assets follows:

(Stated in millions)
	Sept. 30,		Dec. 31,
	2020		2019
Property, plant & equipment	$	32,128	$	35,009
Less: Accumulated depreciation		24,732		25,739
	$	7,396	$	9,270

Depreciation expense relating to fixed assets was as follows:

(Stated in millions)
	2020		2019
Third Quarter	$	385	$	499
Nine Months	$	1,251	$	1,525