v3.25.3
Fixed Assets (Tables)
9 Months Ended
Sep. 30, 2025
Property, Plant and Equipment [Abstract]  
Summary of Fixed Assets

Fixed assets consist of the following:

 

(Stated in millions)

 

 

 

 

 

 

 

 

Sept. 30,

 

 

Dec. 31,

 

 

2025

 

 

2024

 

Property, plant & equipment

$

31,832

 

$

29,573

 

Less: Accumulated depreciation

 

23,833

 

 

22,214

 

$

7,999

 

$

7,359

 

Summary of Depreciation Expense Relating to Fixed Assets

Depreciation expense relating to fixed assets was as follows:

 

(Stated in millions)

 

 

 

 

 

 

 

 

2025

 

 

2024

 

Third Quarter

$

453

 

$

394

 

Nine Months

$

1,258

 

$

1,155