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Investments in equity securities (Tables)
12 Months Ended
Dec. 31, 2011
Schedule of investments in equity securities

Investments in equity securities as of December 31, 2011 and 2010 are summarized based on the primary industry of the investee in the table below (in millions).

 

     Cost Basis      Unrealized
Gains
     Unrealized
Losses
    Fair
Value
 

December 31, 2011

          

Banks, insurance and finance

   $ 16,697       $ 9,480       $ (1,269   $ 24,908   

Consumer products

     12,390         14,320         —          26,710   

Commercial, industrial and other

     20,523         4,973         (123     25,373   
  

 

 

    

 

 

    

 

 

   

 

 

 
   $ 49,610       $ 28,773       $ (1,392   $ 76,991   
  

 

 

    

 

 

    

 

 

   

 

 

 

December 31, 2010

          

Banks, insurance and finance

   $ 15,519       $ 9,549       $ (454   $ 24,614   

Consumer products

     13,551         12,410         (212     25,749   

Commercial, industrial and other

     6,474         4,682         (6     11,150   
  

 

 

    

 

 

    

 

 

   

 

 

 
   $ 35,544       $ 26,641       $ (672   $ 61,513   
  

 

 

    

 

 

    

 

 

   

 

 

 

Investments in equity securities are reflected in our Consolidated Balance Sheets as follows (in millions).

 

     December 31,  
     2011      2010  

Insurance and other

   $ 76,063       $ 59,819   

Railroad, utilities and energy *

     488         1,182   

Finance and financial products *

     440         512   
  

 

 

    

 

 

 
   $ 76,991       $ 61,513   
  

 

 

    

 

 

 

 

* Included in other assets.