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Consolidated Statements of Earnings - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues:        
Leasing revenues $ 2,315 $ 2,104 $ 6,845 $ 6,227
Total revenues 92,995 93,210 276,517 271,106 CloseClose
Investment gains (losses) 20,514 (29,778) 46,247 38,041
Costs and expenses:        
Total costs and expenses 81,223 80,653 237,380 237,380 CloseClose
Earnings (loss) before income taxes and equity method earnings 32,286 (17,221) 85,384 71,767 CloseCloseClose
Equity method earnings 222 262 967 1,461
Earnings (loss) before income taxes 32,508 (16,959) 86,351 73,228
Income tax expense (benefit) 6,028 (4,392) 16,541 13,839 Close
Net earnings (loss) 26,480 (12,567) 69,810 59,389 Close
Earnings attributable to noncontrolling interests 229 200 509 740 Close
Net earnings (loss) attributable to Berkshire Hathaway shareholders $ 26,251 $ (12,767) $ 69,301 $ 58,649
Equivalent Class A [Member]        
Earnings (loss) per share:        
Net earnings (loss) per average equivalent $ 18,272 $ (8,824) $ 48,205 $ 40,422
Average equivalent shares outstanding 1,436,706 1,446,925 1,437,619 1,450,934
Equivalent Class B [Member]        
Earnings (loss) per share:        
Net earnings (loss) per average equivalent [1] $ 12.18 $ (5.88) $ 32.14 $ 26.95
Average equivalent shares outstanding 2,155,058,383 2,170,387,690 2,156,427,917 2,176,400,554
Insurance and Other [Member]        
Revenues:        
Insurance premiums earned $ 22,055 $ 21,360 $ 65,482 $ 61,717
Sales and service revenues 38,863 39,456 115,227 116,970
Leasing revenues 2,315 2,104 6,845 6,227
Interest, dividend and other investment income 5,896 4,047 15,450 11,122
Total revenues 69,129 66,967 203,004 196,036
Costs and expenses:        
Insurance losses and loss adjustment expenses 15,163 13,719 42,718 42,029
Life, annuity and health benefits 925 1,144 2,824 3,057
Insurance underwriting expenses 4,934 3,496 12,733 10,812
Cost of sales and services 30,323 31,049 90,109 91,989
Cost of leasing 1,774 1,489 5,204 4,423
Selling, general and administrative expenses 7,324 5,120 17,292 15,727
Interest expense 315 311 961 953
Total costs and expenses 60,758 56,328 171,841 168,990
Railroad, Utilities and Energy [Member]        
Revenues:        
Freight rail transportation revenues 5,885 5,828 17,242 17,637
Utility and energy operating revenues 16,598 19,033 52,336 53,543
Service revenues and other income 1,383 1,382 3,935 3,890
Total revenues 23,866 26,243 73,513 75,070
Costs and expenses:        
Freight rail transportation expenses 3,855 4,038 11,705 12,213
Utility and energy cost of sales and other expenses 14,607 18,249 47,694 50,254
Other expenses 1,104 1,089 3,341 3,149 Close
Interest expense 899 949 2,799 2,774
Total costs and expenses $ 20,465 $ 24,325 $ 65,539 $ 68,390
[1] Net earnings (loss) 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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