Accumulated other comprehensive income

6 Months Ended

Jun. 30, 2014

Accumulated other comprehensive income

Note 18. Accumulated other comprehensive income

A summary of the net changes in after-tax accumulated other comprehensive income attributable to Berkshire Hathaway shareholders and significant amounts reclassified out of accumulated other comprehensive income for the six months ending June 30, 2014 and 2013 follows (in millions).

	Unrealized appreciation of investments, net				Foreign currency translation				Prior service and actuarial gains/losses of defined benefit pension plans				Other				Accumulated other comprehensive income
Six months ending June 30, 2014
Balance at December 31, 2013		$	44,042			$	(146	)		$	46			$	83			$	44,025
Other comprehensive income, net before reclassifications			3,378				247				(31	)			(3	)			3,591
Amounts reclassified from accumulated other comprehensive income			(2,242	)			47				27				(27	)			(2,195	)
			1,136				294				(4	)			(30	)			1,396
Balance at June 30, 2014		$	45,178			$	148			$	42			$	53			$	45,421
Amounts reclassified from other comprehensive income into net earnings during 2014 are included on the following line items:
Investment gains/losses:
Insurance and other		$	(3,377	)		$	—			$	—			$	—			$	(3,377	)
Finance and financial products			(72	)			—				—				—				(72	)
Other			—				47				36				(45	)			38
Reclassifications before income taxes			(3,449	)			47				36				(45	)			(3,411	)
Applicable income taxes			(1,207	)			—				9				(18	)			(1,216	)
		$	(2,242	)		$	47			$	27			$	(27	)		$	(2,195	)
Six months ending June 30, 2013
Balance at December 31, 2012		$	29,254			$	(120	)		$	(1,601	)		$	(33	)		$	27,500
Other comprehensive income, net before reclassifications			7,196				(669	)			17				4				6,548
Amounts reclassified from accumulated other comprehensive income			(504	)			(29	)			59				3				(471	)
Transactions with noncontrolling interests			—				(12	)			—				—				(12	)
			6,692				(710	)			76				7				6,065
Balance at June 30, 2013		$	35,946			$	(830	)		$	(1,525	)		$	(26	)		$	33,565
Amounts reclassified from other comprehensive income into net earnings during 2013 are included on the following line items:
Investment gains/losses:
Insurance and other		$	(707	)		$	—			$	—			$	—			$	(707	)
Finance and financial products			(68	)			—				—				—				(68	)
Other			—				(29	)			83				7				61
Reclassifications before income taxes			(775	)			(29	)			83				7				(714	)
Applicable income taxes			(271	)			—				24				4				(243	)
		$	(504	)		$	(29	)		$	59			$	3			$	(471	)