XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.0.1Close
Consolidated Balance Sheets
€ in Millions, £ in Millions, $ in Millions, ¥ in Billions
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
ASSETS    
Investments in fixed maturity securities $ 23,758 $ 25,128
Investments in equity securities 353,842 [1] 308,793 [2]
Equity method investments 29,066 28,050
Loans and finance receivables 24,681 23,208
Inventories 24,159 25,366
Equipment held for lease 16,947 15,584
Goodwill [3] 84,626 78,119
Total assets 1,069,978 948,465 Close
LIABILITIES    
Life, annuity and health insurance benefits 20,213 19,753
Income taxes, principally deferred 93,009 77,368
Total liabilities 499,208 466,784 Close
Redeemable noncontrolling interests 3,261   Close
Shareholders’ equity:    
Common stock 8 8
Capital in excess of par value 34,480 35,167
Accumulated other comprehensive income (3,763) (5,052)
Retained earnings 607,350 511,127
Treasury stock, at cost (76,802) (67,826)
Berkshire Hathaway shareholders’ equity 561,273 473,424
Noncontrolling interests 6,236 8,257
Total shareholders’ equity 567,509 481,681 Close
Total liabilities and shareholders' equity 1,069,978 948,465
Insurance and Other [Member]    
ASSETS    
Cash and cash equivalents [4] 33,672 32,260
Short-term investments in U.S. Treasury Bills 129,619 92,774
Investments in fixed maturity securities 23,758 25,128
Investments in equity securities 353,842 308,793
Equity method investments 29,066 28,050
Loans and finance receivables 24,681 23,208
Other receivables 44,174 43,490
Inventories 24,159 25,366
Property, plant and equipment 22,030 21,113
Equipment held for lease 16,947 15,584
Goodwill 50,868 51,522
Other intangible assets 29,327 29,187
Deferred charges - retroactive reinsurance 9,495 9,870
Other 19,568 19,657
Total assets 811,206 726,002
LIABILITIES    
Unpaid losses and loss adjustment expenses 111,082 107,472
Unpaid losses and loss adjustment expenses under retroactive reinsurance contracts 34,647 35,415
Unearned premiums 30,507 28,657
Life, annuity and health insurance benefits 20,213 19,753
Other policyholder liabilities 11,545 11,370
Accounts payable, accruals and other liabilities 32,402 33,201
Aircraft repurchase liabilities and unearned lease revenues 8,253 6,820
Notes payable and other borrowings 42,692 46,538
Liabilities, excluding income taxes, principally deferred, Total 291,341 289,226
Railroad, Utilities and Energy [Member]    
ASSETS    
Cash and cash equivalents [4] 4,350 3,551
Receivables 7,086 4,795
Property, plant and equipment 177,616 160,268
Goodwill 33,758 26,597
Regulatory assets 5,565 5,062
Other 30,397 22,190
Total assets 258,772 222,463
LIABILITIES    
Accounts payable, accruals and other liabilities 22,461 16,615
Regulatory liabilities 6,818 7,369
Notes payable and other borrowings 85,579 76,206
Liabilities, excluding income taxes, principally deferred, Total $ 114,858 $ 100,190
[1] Approximately 79% of the aggregate fair value was concentrated in five companies (American Express Company – $28.4 billion; Apple Inc. – $174.3 billion; Bank of America Corporation – $34.8 billion; The Coca-Cola Company – $23.6 billion and Chevron Corporation – $18.8 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 $11.1 billion as of December 31, 2023 and $11.0 billion as of December 31, 2022.
[4] Includes U.S. Treasury Bills with maturities of three months or less when purchased of $4.8 billion at December 31, 2023 and $2.6 billion at December 31, 2022.