XML 57 R13.htm IDEA: XBRL DOCUMENT v3.20.1
Fixed Assets
3 Months Ended
Mar. 31, 2020
Property Plant And Equipment [Abstract]  
Fixed Assets

5.   Fixed Assets

A summary of fixed assets follows:

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

Mar. 31,

 

 

Dec. 31,

 

 

2020

 

 

2019

 

Property, plant & equipment

$

34,105

 

 

$

35,009

 

Less: Accumulated depreciation

 

25,555

 

 

 

25,739

 

 

$

8,550

 

 

$

9,270

 

 

Depreciation expense relating to fixed assets was $449 million and $512 million in the first quarter of 2020 and 2019, respectively.