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Consolidated Statements of Earnings - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues:        
Leasing revenues $ 2,308 $ 2,079 $ 4,530 $ 4,123
Total revenues 93,653 92,503 183,522 177,896 CloseClose
Investment gains (losses) 23,857 33,061 25,733 67,819
Costs and expenses:        
Total costs and expenses 79,625 80,640 156,157 156,727 CloseClose
Earnings before income taxes and equity method earnings 37,885 44,924 53,098 88,988 CloseCloseClose
Equity method earnings 252 511 745 1,199
Earnings before income taxes 38,137 45,435 53,843 90,187
Income tax expense 7,639 9,236 10,513 18,231
Net earnings 30,498 36,199 43,330 71,956
Earnings attributable to noncontrolling interests 150 287 280 540 Close
Net earnings attributable to Berkshire Hathaway shareholders $ 30,348 $ 35,912 $ 43,050 $ 71,416
Equivalent Class A [Member]        
Earnings per share:        
Net earnings per average equivalent $ 21,122 $ 24,775 $ 29,936 $ 49,152
Average equivalent shares outstanding 1,436,790 1,449,542 1,438,080 1,452,971
Equivalent Class B [Member]        
Earnings per share:        
Net earnings per average equivalent [1] $ 14.08 $ 16.52 $ 19.96 $ 32.77
Average equivalent shares outstanding 2,155,185,283 2,174,313,670 2,157,120,209 2,179,456,816
Insurance and Other [Member]        
Revenues:        
Insurance premiums earned $ 21,953 $ 20,561 $ 43,427 $ 40,357
Sales and service revenues 38,892 39,126 76,364 77,514
Leasing revenues 2,308 2,079 4,530 4,123
Interest, dividend and other investment income 5,249 3,846 9,554 7,075
Total revenues 68,402 65,612 133,875 129,069
Costs and expenses:        
Insurance losses and loss adjustment expenses 14,107 14,089 27,555 28,310
Life, annuity and health benefits 954 1,128 1,899 1,913
Insurance underwriting expenses 4,046 3,729 7,799 7,316
Cost of sales and services 30,391 30,621 59,786 60,940
Cost of leasing 1,739 1,457 3,430 2,934
Selling, general and administrative expenses 5,195 5,005 9,968 10,607
Interest expense 330 314 646 642
Total costs and expenses 56,762 56,343 111,083 112,662
Railroad, Utilities and Energy [Member]        
Revenues:        
Freight rail transportation revenues 5,720 5,808 11,357 11,809
Utility and energy operating revenues 18,048 19,593 35,738 34,510
Service revenues and other income 1,483 1,490 2,552 2,508
Total revenues 25,251 26,891 49,647 48,827
Costs and expenses:        
Freight rail transportation expenses 3,912 4,014 7,850 8,175
Utility and energy cost of sales and other expenses 16,819 18,159 33,087 32,005
Other expenses 1,232 1,189 2,237 2,060 CloseClose
Interest expense 900 935 1,900 1,825
Total costs and expenses $ 22,863 $ 24,297 $ 45,074 $ 44,065
[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.
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