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Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2021
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)

 

 

 

 

 

Jun. 30, 2021

 

 

Dec. 31, 2020

 

 

Gross

 

 

Accumulated

 

 

Net Book

 

 

Gross

 

 

Accumulated

 

 

Net Book

 

 

Book Value

 

 

Amortization

 

 

Value

 

 

Book Value

 

 

Amortization

 

 

Value

 

Customer relationships

$

1,691

 

 

$

510

 

 

$

1,181

 

 

$

1,744

 

 

$

485

 

 

$

1,259

 

Technology/technical know-how

 

1,294

 

 

 

540

 

 

 

754

 

 

 

1,284

 

 

 

488

 

 

 

796

 

Tradenames

 

767

 

 

 

182

 

 

 

585

 

 

 

767

 

 

 

166

 

 

 

601

 

Other

 

1,523

 

 

 

732

 

 

 

791

 

 

 

1,488

 

 

 

689

 

 

 

799

 

 

$

5,275

 

 

$

1,964

 

 

$

3,311

 

 

$

5,283

 

 

$

1,828

 

 

$

3,455

 

Amortization Expense Charged to Income for Intangible Assets

Amortization expense charged to income was as follows:

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

2021

 

 

2020

 

Second Quarter

$

75

 

 

$

80

 

Six Months

$

151

 

 

$

213