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Consolidated Balance Sheets
€ in Millions, £ in Millions, $ in Millions, ¥ in Billions
Mar. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
ASSETS    
Investments in fixed maturity securities $ 22,566 $ 25,128
Investments in equity securities 328,161 [1] 308,793 [2]
Equity method investments 26,403 28,050
Loans and finance receivables 23,144 23,208
Inventories 25,499 25,366
Equipment held for lease 15,674 15,584
Goodwill [3] 83,502 78,119
Total assets 997,072 948,465
LIABILITIES    
Life, annuity and health insurance benefits 19,937  
Income taxes, principally deferred 86,206 77,368
Total liabilities 480,812 466,784
Redeemable noncontrolling interests 3,183  
Shareholders’ equity:    
Common stock 8 8
Capital in excess of par value 35,156 35,167
Accumulated other comprehensive income (4,976) (5,052)
Retained earnings 546,631 511,127
Treasury stock, at cost (72,265) (67,826)
Berkshire Hathaway shareholders’ equity 504,554 473,424
Noncontrolling interests 8,523 8,257
Total shareholders’ equity 513,077 481,681
Total liabilities and shareholders' equity 997,072 948,465
Insurance and Other [Member]    
ASSETS    
Cash and cash equivalents [4] 23,805 32,260
Short-term investments in U.S. Treasury Bills 103,869 92,774
Investments in fixed maturity securities 22,566 25,128
Investments in equity securities 328,161 308,793
Equity method investments 26,403 28,050
Loans and finance receivables 23,144 23,208
Other receivables 45,674 43,490
Inventories 25,499 25,366
Property, plant and equipment 21,208 21,113
Equipment held for lease 15,674 15,584
Goodwill 50,997 51,522
Other intangible assets 30,001 29,187
Deferred charges - retroactive reinsurance 9,699 9,870
Other 19,729 19,657
Total assets 746,429 726,002
LIABILITIES    
Unpaid losses and loss adjustment expenses 107,957 107,472
Unpaid losses and loss adjustment expenses under retroactive reinsurance contracts 35,063 35,415
Unearned premiums 30,359 28,657
Life, annuity and health insurance benefits 19,937 19,753
Other policyholder liabilities 11,231 11,370
Accounts payable, accruals and other liabilities 32,842 33,201
Aircraft repurchase liabilities and unearned lease revenues 7,052 6,820
Notes payable and other borrowings 41,436 46,538
Total liabilities 285,877 289,226
Railroad, Utilities and Energy [Member]    
ASSETS    
Cash and cash equivalents [4] 2,942 3,551
Receivables 6,814 4,795
Property, plant and equipment 168,973 160,268
Goodwill 32,505 26,597
Regulatory assets 5,557 5,062
Other 33,852 22,190
Total assets 250,643 222,463
LIABILITIES    
Accounts payable, accruals and other liabilities 19,683 16,615
Regulatory liabilities 6,858 7,369
Notes payable and other borrowings 82,188 76,206
Total liabilities $ 108,729 $ 100,190
[1] Approximately 77% of the aggregate fair value was concentrated in five companies (American Express Company – $25.0 billion; Apple Inc. – $151.0 billion; Bank of America Corporation – $29.5 billion; The Coca-Cola Company – $24.8 billion and Chevron Corporation – $21.6 billion).
[2] Approximately 75% of the aggregate fair value was concentrated in five companies (American Express Company – $22.4 billion; Apple Inc. – $119.0 billion; Bank of America Corporation – $34.2 billion; The Coca-Cola Company – $25.4 billion and Chevron Corporation – $30.0 billion).
[3] Net of accumulated goodwill impairments of $11.0 billion as of March 31, 2023 and December 31, 2022.
[4] Includes U.S. Treasury Bills with maturities of three months or less when purchased of $3.6 billion at March 31, 2023 and $2.6 billion at December 31, 2022.