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Significant business acquisitions (Tables)
12 Months Ended
Dec. 31, 2022
Business Combinations [Abstract]  
Summary of preliminary values of identified assets acquired and liabilities assumed

The preliminary values of the Alleghany identified assets acquired and liabilities assumed are summarized as follows (in millions). Valuations of certain assets, such as intangible assets and goodwill, and certain liabilities as of the acquisition date have not been finalized at this time and are provisional.

Cash, cash equivalents and U.S. Treasury Bills

$

3,762

 

Investments in fixed maturity and equity securities

 

15,982

 

Loans and other receivables

 

5,650

 

Goodwill and other intangible assets

 

6,362

 

Other

 

3,834

 

Assets acquired

$

35,590

 

 

 

 

Unpaid losses and loss adjustment expenses

$

15,080

 

Unearned premiums

 

3,536

 

Notes payable

 

2,169

 

Other

 

3,300

 

Liabilities assumed

 

24,085

 

Net assets

$

11,505

 

Summary of unaudited pro forma consolidated earnings The following table sets forth certain unaudited pro forma consolidated earnings data for the years ending December 31, 2022 and 2021, as if the Alleghany acquisition was consummated on the same terms at the beginning of 2021 (in millions, except per share amounts).

 

2022

 

 

2021

 

Revenues

$

311,184

 

 

$

287,450

 

Net earnings (loss) attributable to Berkshire Hathaway shareholders

 

(24,107

)

 

 

90,728

 

Net earnings (loss) per equivalent Class A common share

 

(16,412

)

 

 

60,077