XML 32 R13.htm IDEA: XBRL DOCUMENT v3.21.1
Fixed Assets
 3 Months Ended
Mar. 31, 2021
Property Plant And Equipment [Abstract]  
Fixed Assets

5.   Fixed Assets

A summary of fixed assets follows:

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

Mar. 31,

 

 

Dec. 31,

 

 

2021

 

 

2020

 

Property, plant & equipment

$

29,703

 

 

$

29,744

 

Less: Accumulated depreciation

 

23,083

 

 

 

22,918

 

 

$

6,620

 

 

$

6,826

 

 

Depreciation expense relating to fixed assets was $355 million and $449 million in the first quarter of 2021 and 2020, respectively.