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Fixed Assets
9 Months Ended
Sep. 30, 2021
Property Plant And Equipment [Abstract]  
Fixed Assets

5.   Fixed Assets

A summary of fixed assets follows:

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

Sept. 30,

 

 

Dec. 31,

 

 

2021

 

 

2020

 

Property, plant & equipment

$

29,071

 

 

$

29,744

 

Less: Accumulated depreciation

 

22,696

 

 

 

22,918

 

 

$

6,375

 

 

$

6,826

 

 

Depreciation expense relating to fixed assets was as follows:

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

2021

 

 

2020

 

Third Quarter

$

350

 

 

$

385

 

Nine Months

$

1,057

 

 

$

1,251