XML 27 R14.htm IDEA: XBRL DOCUMENT
v3.21.2

Intangible Assets | 6 Months Ended
--- | ---
Jun. 30, 2021
Goodwill And Intangible Assets Disclosure [Abstract] |
Intangible Assets | 6. Intangible Assets The gross book value, accumulated amortization and net book value of intangible assets were as follows:
| (Stated in millions) |
| Jun. 30, 2021 |  |  | Dec. 31, 2020 |
| Gross |  |  | Accumulated |  |  | Net Book |  |  | Gross |  |  | Accumulated |  |  | Net Book |
| Book Value |  |  | Amortization |  |  | Value |  |  | Book Value |  |  | Amortization |  |  | Value |
Customer relationships | $ | 1,691 |  |  | $ | 510 |  |  | $ | 1,181 |  |  | $ | 1,744 |  |  | $ | 485 |  |  | $ | 1,259 |
Technology/technical know-how |  | 1,294 |  |  |  | 540 |  |  |  | 754 |  |  |  | 1,284 |  |  |  | 488 |  |  |  | 796 |
Tradenames |  | 767 |  |  |  | 182 |  |  |  | 585 |  |  |  | 767 |  |  |  | 166 |  |  |  | 601 |
Other |  | 1,523 |  |  |  | 732 |  |  |  | 791 |  |  |  | 1,488 |  |  |  | 689 |  |  |  | 799 |
| $ | 5,275 |  |  | $ | 1,964 |  |  | $ | 3,311 |  |  | $ | 5,283 |  |  | $ | 1,828 |  |  | $ | 3,455 |
Amortization expense charged to income was as follows:
(Stated in millions) |
| 2021 |  |  | 2020 |
Second Quarter | $ | 75 |  |  | $ | 80 |
Six Months | $ | 151 |  |  | $ | 213 |
Based on the net book value of intangible assets at June 30, 2021, amortization charged to income for the subsequent five years is estimated to be: remaining two quarters of 2021—$152 million; 2022—$293 million; 2023—$286 million; 2024—$262 million; 2025—$248 million; and 2026—$244 million.

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_IntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration