Fixed Assets

6 Months Ended

Jun. 30, 2023

Property, Plant and Equipment [Abstract]

Fixed Assets

5. Fixed Assets

Fixed assets consist of the following:

(Stated in millions)
	Jun. 30,		Dec. 31,
	2023		2022
Property, plant & equipment	$	28,771	$	28,386
Less: Accumulated depreciation		21,967		21,779
	$	6,804	$	6,607

Depreciation expense relating to fixed assets was as follows:

(Stated in millions)
	2023		2022
Second Quarter	$	353	$	340
Six Months	$	700	$	678