XML 12 R4.htm IDEA: XBRL DOCUMENT v3.24.1.u1Close
Consolidated Statements of Earnings - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:    
Leasing revenues $ 2,222 $ 2,044
Total revenues 89,869 85,393 CloseClose
Investment gains (losses) 1,876 34,758
Costs and expenses:    
Total costs and expenses 76,532 76,087 CloseClose
Earnings before income taxes and equity method earnings 15,213 44,064 CloseCloseClose
Equity method earnings 493 688
Earnings before income taxes 15,706 44,752
Income tax expense 2,874 8,995
Net earnings 12,832 35,757
Earnings attributable to noncontrolling interests 130 253 Close
Net earnings attributable to Berkshire Hathaway shareholders $ 12,702 $ 35,504
Equivalent Class A [Member]    
Earnings per share:    
Net earnings per average equivalent $ 8,825 $ 24,377
Average equivalent shares outstanding 1,439,370 1,456,438
Equivalent Class B [Member]    
Earnings per share:    
Net earnings per average equivalent [1] $ 5.88 $ 16.25
Average equivalent shares outstanding 2,159,055,134 2,184,657,109
Insurance and Other [Member]    
Revenues:    
Insurance premiums earned $ 21,474 $ 19,796
Sales and service revenues 37,472 38,388
Leasing revenues 2,222 2,044
Interest, dividend and other investment income 4,305 3,229
Total revenues 65,473 63,457
Costs and expenses:    
Insurance losses and loss adjustment expenses 13,448 14,221
Life, annuity and health benefits 945 785
Insurance underwriting expenses 3,753 3,587
Cost of sales and services 29,395 30,319
Cost of leasing 1,691 1,477
Selling, general and administrative expenses 4,773 5,602
Interest expense 316 328
Total costs and expenses 54,321 56,319
Railroad, Utilities and Energy [Member]    
Revenues:    
Freight rail transportation revenues 5,637 6,001
Utility and energy operating revenues 17,690 14,917
Service revenues and other income 1,069 1,018
Total revenues 24,396 21,936
Costs and expenses:    
Freight rail transportation expenses 3,938 4,161
Utilities and energy cost of sales and other expenses 16,268 13,846
Other expenses 1,005 871 CloseClose
Interest expense 1,000 890
Total costs and expenses $ 22,211 $ 19,768
[1] Net earnings per average equivalent Class B share outstanding are equal to one-fifteen-hundredth of the equivalent Class A amount. See Note 19.
Close