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Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2020
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)

 

 

 

 

 

Sept. 30, 2020

 

 

Dec. 31, 2019

 

 

Gross

 

 

Accumulated

 

 

Net Book

 

 

Gross

 

 

Accumulated

 

 

Net Book

 

 

Book Value

 

 

Amortization

 

 

Value

 

 

Book Value

 

 

Amortization

 

 

Value

 

Customer relationships

$

1,744

 

 

$

467

 

 

$

1,277

 

 

$

3,779

 

 

$

868

 

 

$

2,911

 

Technology/technical know-how

 

1,290

 

 

 

467

 

 

 

823

 

 

 

2,498

 

 

 

779

 

 

 

1,719

 

Tradenames

 

767

 

 

 

157

 

 

 

610

 

 

 

1,885

 

 

 

264

 

 

 

1,621

 

Other

 

1,548

 

 

 

685

 

 

 

863

 

 

 

1,514

 

 

 

676

 

 

 

838

 

 

$

5,349

 

 

$

1,776

 

 

$

3,573

 

 

$

9,676

 

 

$

2,587

 

 

$

7,089

 

Amortization Expense Charged to Income for Intangible Assets

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

2020

 

 

2019

 

Third Quarter

$

79

 

 

$

156

 

Nine Months

$

292

 

 

$

480