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Intangible Assets | 9 Months Ended
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Sep. 30, 2020
Goodwill And Intangible Assets Disclosure [Abstract] |
Intangible Assets | 8. Intangible Assets The gross book value, accumulated amortization and net book value of intangible assets were as follows:
| (Stated in millions) |
| Sept. 30, 2020 |  |  | Dec. 31, 2019 |
| Gross |  |  | Accumulated |  |  | Net Book |  |  | Gross |  |  | Accumulated |  |  | Net Book |
| Book Value |  |  | Amortization |  |  | Value |  |  | Book Value |  |  | Amortization |  |  | Value |
Customer relationships | $ | 1,744 |  |  | $ | 467 |  |  | $ | 1,277 |  |  | $ | 3,779 |  |  | $ | 868 |  |  | $ | 2,911 |
Technology/technical know-how |  | 1,290 |  |  |  | 467 |  |  |  | 823 |  |  |  | 2,498 |  |  |  | 779 |  |  |  | 1,719 |
Tradenames |  | 767 |  |  |  | 157 |  |  |  | 610 |  |  |  | 1,885 |  |  |  | 264 |  |  |  | 1,621 |
Other |  | 1,548 |  |  |  | 685 |  |  |  | 863 |  |  |  | 1,514 |  |  |  | 676 |  |  |  | 838 |
| $ | 5,349 |  |  | $ | 1,776 |  |  | $ | 3,573 |  |  | $ | 9,676 |  |  | $ | 2,587 |  |  | $ | 7,089 |
Amortization expense charged to income was as follows:
(Stated in millions) |
| 2020 |  |  | 2019 |
Third Quarter | $ | 79 |  |  | $ | 156 |
Nine Months | $ | 292 |  |  | $ | 480 |
Based on the net book value of intangible assets at September 30, 2020, amortization charged to income for the subsequent five years is estimated to be: fourth quarter of 2020—$81 million; 2021—$305 million; 2022—$298 million; 2023—$286 million; 2024—$259 million; and 2025—$252 million.

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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