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Consolidated Statements of Earnings - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues:      
Leasing revenues $ 9,227 $ 8,416 $ 7,514
Total revenues 371,433 364,482 302,020
Investment gains (losses) 52,799 74,855 (67,899)
Costs and expenses:      
Interest expense 5,200 5,003 4,352
Total costs and expenses 315,697 321,144 266,484
Earnings (loss) before income taxes and equity method earnings 108,535 118,193 (32,363)
Equity method earnings 1,841 1,973 1,863
Earnings (loss) before income taxes 110,376 120,166 (30,500)
Income tax expense (benefit) 20,815 23,019 (8,502)
Net earnings (loss) 89,561 97,147 (21,998)
Earnings attributable to noncontrolling interests 566 924 761
Net earnings (loss) attributable to Berkshire shareholders $ 88,995 $ 96,223 $ (22,759)
Equivalent Class A [Member]      
Earnings per share:      
Net earnings (loss) per average equivalent $ 61,900 $ 66,412 $ (15,494)
Average equivalent shares outstanding 1,437,720 1,448,880 1,468,876
Equivalent Class B [Member]      
Earnings per share:      
Net earnings (loss) per average equivalent [1] $ 41.27 $ 44.27 $ (10.33)
Average equivalent shares outstanding 2,156,580,296 2,173,319,709 2,203,313,642
Insurance and Other [Member]      
Revenues:      
Insurance premiums earned $ 88,257 $ 83,403 $ 74,576
Sales and service revenues 202,334 207,148 157,518
Leasing revenues 9,227 8,416 7,514
Interest, dividend and other investment income 21,825 15,764 10,263
Total revenues 321,643 314,731 249,871
Costs and expenses:      
Insurance losses and loss adjustment expenses 56,186 57,187 57,646
Life, annuity and health benefits 3,858 4,029 5,243
Insurance underwriting expenses 16,808 15,270 11,706
Cost of sales and services 163,642 169,281 124,319
Cost of leasing 7,069 6,037 5,550
Selling, general and administrative expenses 25,642 25,458 19,506
Interest expense 1,594 1,671 1,187
Total costs and expenses 274,799 278,933 225,157
Railroad, Utilities and Energy [Member]      
Revenues:      
Railroad transportation revenues 23,355 23,791 25,802
Utility and energy operating revenues 21,518 21,232 21,023
Service revenues and other income 4,917 4,728 5,324
Total revenues 49,790 49,751 52,149
Costs and expenses:      
Freight rail transportation expenses 15,965 16,464 17,282
Utilities and energy cost of sales and other expenses 16,984 18,399 15,896
Other expenses 4,343 4,016 4,984
Interest expense 3,606 3,332 3,165
Total costs and expenses $ 40,898 $ 42,211 $ 41,327
[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 22.