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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Assets:    
Investments in fixed maturity securities $ 15,364 $ 23,758
Investments in equity securities 271,588 353,842
Equity method investments 31,134 29,066
Loans and finance receivables 27,798 24,681
Inventories 24,008 25,856
Equipment held for lease 17,828 16,947
Goodwill [1] 83,880 84,626
Total assets 1,153,881 1,069,978
Liabilities:    
Life, annuity and health insurance benefits 17,616 20,213
Income taxes, principally deferred 85,870 93,009
Total liabilities 502,226 499,208
Redeemable noncontrolling interests   3,261
Shareholders’ equity:    
Common stock 8 8
Capital in excess of par value 35,665 34,480
Accumulated other comprehensive income (3,584) (3,763)
Retained earnings 696,218 607,350
Treasury stock, at cost (78,939) (76,802)
Berkshire shareholders' equity 649,368 561,273
Noncontrolling interests 2,287 6,236
Total shareholders’ equity 651,655 567,509
Total liabilities, redeemable noncontrolling interests and shareholders' equity 1,153,881 1,069,978
Insurance and Other [Member]    
Assets:    
Cash and cash equivalents [2] 44,333 34,268
Short-term investments in U.S. Treasury Bills 286,472 129,619
Investments in fixed maturity securities 15,364 23,758
Investments in equity securities 271,588 353,842
Equity method investments 31,134 29,066
Loans and finance receivables 27,798 24,681
Other receivables 43,887 46,261
Inventories 24,008 25,856
Property, plant and equipment 30,071 30,199
Equipment held for lease 17,828 16,947
Goodwill 56,860 57,473
Other intangible assets 34,638 35,884
Deferred charges - retroactive reinsurance 8,797 9,495
Other 24,994 21,866
Total assets 917,772 839,215
Liabilities:    
Unpaid losses and loss adjustment expenses 115,151 111,082
Unpaid losses and loss adjustment expenses - retroactive reinsurance contracts 32,443 34,647
Unearned premiums 30,808 30,507
Life, annuity and health insurance benefits 17,616 20,213
Other policyholder liabilities 10,703 11,545
Accounts payable, accruals and other liabilities 37,489 36,559
Payable for purchase of U.S. Treasury Bills 12,769  
Aircraft repurchase liabilities and unearned lease revenues 9,356 8,253
Notes payable and other borrowings 44,885 48,468
Liabilities, excluding income taxes, principally deferred, Total 311,220 301,274
Railroad, Utilities and Energy [Member]    
Assets:    
Cash and cash equivalents [2] 3,396 3,754
Receivables 4,503 4,999
Property, plant and equipment 175,030 169,447
Goodwill 27,020 27,153
Regulatory assets 5,349 5,565
Other 20,811 19,845
Total assets 236,109 230,763
Liabilities:    
Accounts payable, accruals and other liabilities 18,226 18,304
Regulatory liabilities 7,033 6,818
Notes payable and other borrowings 79,877 79,803
Liabilities, excluding income taxes, principally deferred, Total $ 105,136 $ 104,925
[1] Net of accumulated goodwill impairments of $11.5 billion as of December 31, 2024, $11.1 billion as of December 31, 2023 and $11.0 billion as of December 31, 2022.
[2] Includes U.S. Treasury Bills with maturities of three months or less when purchased of $14.4 billion at December 31, 2024 and $4.8 billion at December 31, 2023.