Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets by Major Class

Intangible assets consist of the following:


	(Stated in millions)

	Sept. 30, 2025												Dec. 31, 2024
	Gross				Accumulated				Net Book				Gross				Accumulated				Net Book
	Book Value				Amortization				Value				Book Value				Amortization				Value
Customer relationships	$	2,838			$	873			$	1,965			$	1,887			$	799			$	1,088
Technology/technical know-how		2,634				958				1,676				1,588				872				716
Tradenames		1,125				328				797				795				299				496
Other		1,624				973				651				1,604				892				712
	$	8,221			$	3,132			$	5,089			$	5,874			$	2,862			$	3,012

Amortization Expense Charged to Income for Intangible Assets

Amortization expense charged to income was as follows:


(Stated in millions)

	2025				2024
Third Quarter	$	101			$	87
Nine Months	$	265			$	250