Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2026

Intangible Asset, Goodwill and Other [Abstract]

Schedule of Intangible Assets by Major Class

Intangible assets consist of the following:


	(Stated in millions)

	Jun. 30, 2026												Dec. 31, 2025
	Gross				Accumulated				Net Book				Gross				Accumulated				Net Book
	Book Value				Amortization				Value				Book Value				Amortization				Value
Customer relationships	$	2,782			$	910			$	1,872			$	2,783			$	849			$	1,934
Technology/technical know-how		2,736				1,075				1,661				2,635				998				1,637
Tradenames		1,067				308				759				1,067				283				784
Other		1,639				1,055				584				1,637				1,004				633
	$	8,224			$	3,348			$	4,876			$	8,122			$	3,134			$	4,988

Amortization Expense Charged to Income for Intangible Assets

Amortization expense charged to income was as follows:


(Stated in millions)

	2026				2025
Second Quarter	$	111			$	82
Six Months	$	221			$	164