XML 15 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2017
Dec. 31, 2016
ASSETS    
Cash and cash equivalents $ 42,706 $ 28,048
Short-term investments in U.S. Treasury Bills 66,600  
Investments in fixed maturity securities 22,256 23,465
Investments in equity securities 157,650 [1] 122,032 [2]
Inventories 16,931 15,727
Goodwill 80,882 79,486
Total assets 681,554 620,854
LIABILITIES    
Income taxes, principally deferred 86,559 77,944
Losses and loss adjustment expenses 100,138 76,918
Total liabilities 369,702 334,495
Shareholders' equity:    
Common stock 8 8
Capital in excess of par value 35,684 35,681
Accumulated other comprehensive income 50,183 37,298
Retained earnings 224,166 211,777
Treasury stock, at cost (1,763) (1,763)
Berkshire Hathaway shareholders' equity 308,278 283,001
Noncontrolling interests 3,574 3,358
Total shareholders' equity 311,852 286,359
Total liabilities and shareholders' equity 681,554 620,854
Insurance and Other [Member]    
ASSETS    
Cash and cash equivalents 35,247 23,581
Short-term investments in U.S. Treasury Bills 61,352 47,338
Investments in fixed maturity securities 22,228 23,432
Investments in equity securities 151,639 120,471
Investment in The Kraft Heinz Company (Fair Value: September 30, 2017 - $25,238; December 31, 2016 - $28,418) 15,695 15,345
Other investments 3,303 14,364
Receivables 29,652 27,097
Inventories 16,931 15,727
Property, plant and equipment 19,946 19,325
Goodwill 54,584 53,994
Other intangible assets 32,974 33,481
Deferred charges reinsurance assumed 13,572 8,047
Other 7,793 7,126
Total assets 464,916 409,328
LIABILITIES    
Losses and loss adjustment expenses 100,138 76,918
Unearned premiums 16,552 14,245
Life, annuity and health insurance benefits 16,919 15,977
Other policyholder liabilities 7,549 6,714
Accounts payable, accruals and other liabilities 21,763 22,164
Notes payable and other borrowings 27,262 27,175
Total liabilities 190,183 163,193
Railroad, Utilities and Energy [Member]    
ASSETS    
Cash and cash equivalents 4,448 3,939
Property, plant and equipment 126,946 123,759
Goodwill 24,802 24,111
Regulatory assets 4,772 4,457
Other 15,365 13,550
Total assets 176,333 169,816
LIABILITIES    
Accounts payable, accruals and other liabilities 11,640 11,434
Regulatory liabilities 3,217 3,121
Notes payable and other borrowings 61,147 59,085
Total liabilities 76,004 73,640
Finance and Financial Products [Member]    
ASSETS    
Cash and cash equivalents 3,011 528
Short-term investments in U.S. Treasury Bills 5,242 10,984
Loans and finance receivables 13,593 13,300
Property, plant and equipment and assets held for lease 9,937 9,689
Goodwill 1,496 1,381
Other 7,026 5,828
Total assets 40,305 41,710
LIABILITIES    
Accounts payable, accruals and other liabilities 1,688 1,444
Derivative contract liabilities 2,187 2,890
Notes payable and other borrowings 13,081 15,384
Total liabilities $ 16,956 $ 19,718
[1] Approximately 62% of the aggregate fair value was concentrated in the equity securities of five companies: American Express Company - $13.7 billion, Apple Inc. - $21.3 billion, Bank of America Corporation - $17.7 billion, The Coca-Cola Company - $18.0 billion and Wells Fargo & Company - $26.9 billion.
[2] Approximately 62% of the aggregate fair value was concentrated in the equity securities of five companies: American Express Company - $11.2 billion, Apple Inc. - $7.1 billion, The Coca-Cola Company - $16.6 billion, International Business Machines Corporation - $13.5 billion and Wells Fargo & Company - $27.6 billion.