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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Assets    
Investments in fixed maturity securities $ 15,035 $ 15,364
Investments in equity securities 263,735 271,588
Equity method investments 31,144 31,134
Loans and finance receivables 28,131 27,798
Inventories 24,034 24,008
Equipment held for lease 17,984 17,828
Goodwill [1] 84,007 83,880
Total assets 1,164,532 1,153,881
Liabilities    
Life, annuity and health insurance benefits 17,734  
Income taxes, principally deferred 86,002 85,870
Total liabilities 507,790 502,226
Shareholders’ equity:    
Common stock 8 8
Capital in excess of par value 35,665 35,665
Accumulated other comprehensive income (3,084) (3,584)
Retained earnings 700,821 696,218
Treasury stock, at cost (78,939) (78,939)
Berkshire shareholders' equity 654,471 649,368
Noncontrolling interests 2,271 2,287
Total shareholders’ equity 656,742 651,655
Total liabilities and shareholders' equity 1,164,532 1,153,881
Insurance and Other [Member]    
Assets    
Cash and cash equivalents [2] 36,892 44,333
Short-term investments in U.S. Treasury Bills 305,501 286,472
Investments in fixed maturity securities 15,035 15,364
Investments in equity securities 263,735 271,588
Equity method investments 31,144 31,134
Loans and finance receivables 28,131 27,798
Other receivables 47,401 43,887
Inventories 24,034 24,008
Property, plant and equipment 30,215 30,071
Equipment held for lease 17,984 17,828
Goodwill 56,974 56,860
Other intangible assets 34,331 34,638
Deferred charges - retroactive reinsurance 8,628 8,797
Other 25,291 24,994
Total assets 925,296 917,772
Liabilities    
Unpaid losses and loss adjustment expenses 117,123 115,151
Unpaid losses and loss adjustment expenses - retroactive reinsurance contracts 31,974 32,443
Unearned premiums 32,306 30,808
Life, annuity and health insurance benefits 17,734 17,616
Other policyholder liabilities 10,782 10,703
Accounts payable, accruals and other liabilities 37,090 37,489
Payable for purchases of U.S. Treasury Bills 14,380 12,769
Aircraft repurchase liabilities and unearned lease revenues 9,509 9,356
Notes payable and other borrowings 44,461 44,885
Liabilities, excluding income taxes, principally deferred, Total 315,359 311,220
Railroad, Utilities and Energy [Member]    
Assets    
Cash and cash equivalents [2] 5,288 3,396
Receivables 4,291 4,503
Property, plant and equipment 176,559 175,030
Goodwill 27,033 27,020
Regulatory assets 5,299 5,349
Other 20,766 20,811
Total assets 239,236 236,109
Liabilities    
Accounts payable, accruals and other liabilities 17,916 18,226
Regulatory liabilities 7,047 7,033
Notes payable and other borrowings 81,466 79,877
Liabilities, excluding income taxes, principally deferred, Total $ 106,429 $ 105,136
[1] Net of accumulated goodwill impairments of $11.5 billion as of March 31, 2025 and December 31, 2024 and $11.1 billion as of December 31, 2023.
[2] Includes U.S. Treasury Bills with maturities of three months or less when purchased of $8.6 billion at March 31, 2025 and $14.4 billion at December 31, 2024.