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Consolidated Balance Sheets
€ in Millions, £ in Millions, $ in Millions, ¥ in Billions
Sep. 30, 2023
USD ($)
Dec. 31, 2022
USD ($)
ASSETS    
Investments in fixed maturity securities $ 22,435 $ 25,128
Investments in equity securities 318,621 [1] 308,793 [2]
Equity method investments 27,496 28,050
Loans and finance receivables 24,009 23,208
Inventories 24,755 25,366
Equipment held for lease 16,284 15,584
Goodwill [3] 85,652 78,119
Total assets 1,019,933 948,465 Close
LIABILITIES    
Life, annuity and health insurance benefits 18,556  
Income taxes, principally deferred 85,793 77,368
Total liabilities 485,206 466,784 Close
Redeemable noncontrolling interests 3,230   Close
Shareholders’ equity:    
Common stock 8 8
Capital in excess of par value 34,473 35,167
Accumulated other comprehensive income (4,272) (5,052)
Retained earnings 569,776 511,127
Treasury stock, at cost (74,655) (67,826)
Berkshire Hathaway shareholders’ equity 525,330 473,424
Noncontrolling interests 6,167 8,257
Total shareholders’ equity 531,497 481,681 Close
Total liabilities and shareholders' equity 1,019,933 948,465
Insurance and Other [Member]    
ASSETS    
Cash and cash equivalents [4] 25,573 32,260
Short-term investments in U.S. Treasury Bills 126,401 92,774
Investments in fixed maturity securities 22,435 25,128
Investments in equity securities 318,621 308,793
Equity method investments 27,496 28,050
Loans and finance receivables 24,009 23,208
Other receivables 45,878 43,490
Inventories 24,755 25,366
Property, plant and equipment 21,758 21,113
Equipment held for lease 16,284 15,584
Goodwill 50,939 51,522
Other intangible assets 29,495 29,187
Deferred charges - retroactive reinsurance 9,265 9,870
Other 19,674 19,657
Total assets 762,583 726,002
LIABILITIES    
Unpaid losses and loss adjustment expenses 109,824 107,472
Unpaid losses and loss adjustment expenses retroactive reinsurance contracts 33,919 35,415
Unearned premiums 31,914 28,657
Life, annuity and health insurance benefits 18,556 19,753
Other policyholder liabilities 11,105 11,370
Accounts payable, accruals and other liabilities 32,259 33,201
Aircraft repurchase liabilities and unearned lease revenues 7,549 6,820
Notes payable and other borrowings 40,941 46,538
Liabilities, excluding income taxes, principally deferred, Total 286,067 289,226
Railroad, Utilities and Energy [Member]    
ASSETS    
Cash and cash equivalents [4] 5,267 3,551
Receivables 6,848 4,795
Property, plant and equipment 173,456 160,268
Goodwill 34,713 26,597
Regulatory assets 5,694 5,062
Other 31,372 22,190
Total assets 257,350 222,463
LIABILITIES    
Accounts payable, accruals and other liabilities 22,818 16,615
Regulatory liabilities 6,688 7,369
Notes payable and other borrowings 83,840 76,206
Liabilities, excluding income taxes, principally deferred, Total $ 113,346 $ 100,190
[1] Approximately 78% of the aggregate fair value was concentrated in five companies (American Express Company – $22.6 billion; Apple Inc. – $156.8 billion; Bank of America Corporation – $28.3 billion; The Coca-Cola Company – $22.4 billion and Chevron Corporation – $18.6 billion).
[2] Approximately 75% of the aggregate fair value was concentrated in five companies (American Express Company – $22.4 billion; Apple Inc. – $119.0 billion; Bank of America Corporation – $34.2 billion; The Coca-Cola Company – $25.4 billion and Chevron Corporation – $30.0 billion).
[3] Net of accumulated goodwill impairments of $11.0 billion as of September 30, 2023 and December 31, 2022.
[4] Includes U.S. Treasury Bills with maturities of three months or less when purchased of $3.6 billion at September 30, 2023 and $2.6 billion at December 31, 2022.