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Consolidated Balance Sheets
€ in Millions, £ in Millions, $ in Millions, ¥ in Billions
Sep. 30, 2022
USD ($)
Dec. 31, 2021
USD ($)
ASSETS    
Investments in fixed maturity securities $ 18,602 $ 16,434
Investments in equity securities 306,167 [1] 350,719 [2]
Equity method investments 28,714 17,375
Loans and finance receivables 22,094 20,751
Inventories 25,102 20,954
Equipment held for lease 15,139 14,918
Goodwill [3] 73,335 73,875
Total assets 902,296 958,784
LIABILITIES    
Income taxes, principally deferred 74,155 90,243
Total liabilities 438,549 443,854
Shareholders’ equity:    
Common stock 8 8
Capital in excess of par value 35,190 35,592
Accumulated other comprehensive income (8,234) (4,027)
Retained earnings 493,438 534,421
Treasury stock, at cost (64,972) (59,795)
Berkshire Hathaway shareholders’ equity 455,430 506,199
Noncontrolling interests 8,317 8,731
Total shareholders’ equity 463,747 514,930
Total liabilities and shareholders' equity 902,296 958,784
Insurance and Other [Member]    
ASSETS    
Cash and cash equivalents [4] 28,869 85,319
Short-term investments in U.S. Treasury Bills 76,332 58,535
Investments in fixed maturity securities 18,602 16,434
Investments in equity securities 306,167 350,719
Equity method investments 28,714 17,375
Loans and finance receivables 22,094 20,751
Other receivables 40,383 35,388
Inventories 25,102 20,954
Property, plant and equipment 20,378 20,834
Equipment held for lease 15,139 14,918
Goodwill 46,822 47,117
Other intangible assets 27,738 28,486
Deferred charges - retroactive reinsurance 9,990 10,639
Other 16,753 15,854
Total assets 683,083 743,323
LIABILITIES    
Unpaid losses and loss adjustment expenses 91,642 86,664
Unpaid losses and loss adjustment expenses under retroactive reinsurance contracts 36,666 38,256
Unearned premiums 26,878 23,512
Life, annuity and health insurance benefits 22,305 22,452
Other policyholder liabilities 9,051 9,330
Accounts payable, accruals and other liabilities 31,100 30,376
Aircraft repurchase liabilities and unearned lease revenues 6,165 5,849
Notes payable and other borrowings 41,535 39,272
Total liabilities 265,342 255,711
Railroad, Utilities and Energy [Member]    
ASSETS    
Cash and cash equivalents [4] 3,757 2,865
Receivables 4,985 4,177
Property, plant and equipment 157,472 155,530
Goodwill 26,513 26,758
Regulatory assets 4,750 3,963
Other 21,736 22,168
Total assets 219,213 215,461
LIABILITIES    
Accounts payable, accruals and other liabilities 16,871 15,696
Regulatory liabilities 7,220 7,214
Notes payable and other borrowings 74,961 74,990
Total liabilities $ 99,052 $ 97,900
[1] Approximately 73% of the aggregate fair value was concentrated in five companies (American Express Company – $20.5 billion; Apple Inc. – $126.5 billion; Bank of America Corporation – $31.2 billion; The Coca-Cola Company – $22.4 billion and Chevron Corporation – $24.4 billion).
[2] Approximately 73% of the aggregate fair value was concentrated in four companies (American Express Company – $24.8 billion; Apple Inc. – $161.2 billion; Bank of America Corporation – $46.0 billion and The Coca-Cola Company – $23.7 billion).
[3] Net of accumulated goodwill impairments of $11.0 billion as of September 30, 2022 and December 31, 2021.
[4] Includes U.S. Treasury Bills with maturities of three months or less when purchased of $1.9 billion at September 30, 2022 and $61.7 billion at December 31, 2021.