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Consolidated Balance Sheets
€ in Millions, £ in Millions, $ in Millions, ¥ in Billions
Mar. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
ASSETS    
Investments in fixed maturity securities $ 17,167 $ 23,758
Investments in equity securities 335,864 [1] 353,842 [2]
Equity method investments 29,585 29,066
Loans and finance receivables 25,435 24,681
Inventories 23,670 24,159
Equipment held for lease 17,154 16,947
Goodwill [3] 84,549 84,626
Total assets 1,070,035 1,069,978 Close
LIABILITIES    
Life, annuity and health insurance benefits 17,987  
Income taxes, principally deferred 95,651 93,009
Total liabilities 492,250 499,208 Close
Redeemable noncontrolling interests   3,261
Shareholders’ equity:    
Common stock 8 8
Capital in excess of par value 34,982 34,480
Accumulated other comprehensive income (4,050) (3,763)
Retained earnings 619,925 607,350
Treasury stock, at cost (79,375) (76,802)
Berkshire Hathaway shareholders’ equity 571,490 561,273
Noncontrolling interests 6,295 6,236
Total shareholders’ equity 577,785 567,509 Close
Total liabilities and shareholders' equity 1,070,035 1,069,978
Insurance and Other [Member]    
ASSETS    
Cash and cash equivalents [4] 28,891 33,672
Short-term investments in U.S. Treasury Bills 153,444 129,619
Investments in fixed maturity securities 17,167 23,758
Investments in equity securities 335,864 353,842
Equity method investments 29,585 29,066
Loans and finance receivables 25,435 24,681
Other receivables 46,772 44,174
Inventories 23,670 24,159
Property, plant and equipment 22,058 22,030
Equipment held for lease 17,154 16,947
Goodwill 50,813 50,868
Other intangible assets 29,045 29,327
Deferred charges - retroactive reinsurance 9,318 9,495
Other 20,398 19,568
Total assets 809,614 811,206
LIABILITIES    
Unpaid losses and loss adjustment expenses 111,482 111,082
Unpaid losses and loss adjustment expenses - retroactive reinsurance contracts 34,245 34,647
Unearned premiums 31,975 30,507
Life, annuity and health insurance benefits 17,987 20,213
Other policyholder liabilities 10,662 11,545
Accounts payable, accruals and other liabilities 31,583 32,402
Aircraft repurchase liabilities and unearned lease revenues 8,375 8,253
Notes payable and other borrowings 40,723 42,692
Liabilities, excluding income taxes, principally deferred, Total 287,032 291,341
Railroad, Utilities and Energy [Member]    
ASSETS    
Cash and cash equivalents [4] 6,658 4,350
Receivables 6,063 7,086
Property, plant and equipment 178,288 177,616
Goodwill 33,736 33,758
Regulatory assets 5,570 5,565
Other 30,106 30,397
Total assets 260,421 258,772
LIABILITIES    
Accounts payable, accruals and other liabilities 20,649 22,461
Regulatory liabilities 6,887 6,818
Notes payable and other borrowings 82,031 85,579
Liabilities, excluding income taxes, principally deferred, Total $ 109,567 $ 114,858
[1] Approximately 75% of the aggregate fair value was concentrated in five companies (American Express Company – $34.5 billion; Apple Inc. – $135.4 billion; Bank of America Corporation – $39.2 billion; The Coca-Cola Company – $24.5 billion and Chevron Corporation – $19.4 billion).
[2] 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).
[3] Net of accumulated goodwill impairments of $11.1 billion as of March 31, 2024 and December 31, 2023.
[4] Includes U.S. Treasury Bills with maturities of three months or less when purchased of $4.0 billion at March 31, 2024 and $4.8 billion at December 31, 2023.