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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
ASSETS    
Investments in fixed maturity securities $ 19,920 $ 21,353
Investments in equity securities 172,976 [1] 170,540 [2]
Inventories 16,244 16,187
Goodwill 81,337 81,258
Deferred charges under retroactive reinsurance contracts 15,007 15,278
Total assets 702,651 702,095
LIABILITIES    
Income taxes, principally deferred 55,718 56,607
Unpaid losses and loss adjustment expenses 62,094 61,122
Unpaid losses and loss adjustment expenses under retroactive reinsurance contracts 42,344 42,937
Total liabilities 351,599 350,141
Shareholders' equity:    
Common stock 8 8
Capital in excess of par value 35,681 35,694
Accumulated other comprehensive income (2,477) 58,571
Retained earnings 315,952 255,786
Treasury stock, at cost (1,763) (1,763)
Berkshire Hathaway shareholders' equity 347,401 348,296
Noncontrolling interests 3,651 3,658
Shareholders' equity 351,052 351,954
Total liabilities and shareholders' equity 702,651 702,095
Insurance and Other [Member]    
ASSETS    
Cash and cash equivalents 50,559 25,460
Short-term investments in U.S. Treasury Bills 48,040 78,515
Investments in fixed maturity securities 19,920 21,353
Investments in equity securities 166,658 164,026
Investment in The Kraft Heinz Company (Fair Value: 2018 - $20,272; 2017 - $25,306) 17,687 17,635
Receivables 30,906 28,578
Inventories 16,244 16,187
Property, plant and equipment 23,807 20,104
Goodwill 55,079 54,985
Other intangible assets 32,260 32,518
Deferred charges under retroactive reinsurance contracts 15,007 15,278
Other 11,939 11,158
Total assets 488,106 485,797
LIABILITIES    
Unpaid losses and loss adjustment expenses 62,094 61,122
Unpaid losses and loss adjustment expenses under retroactive reinsurance contracts 42,344 42,937
Unearned premiums 18,448 16,040
Life, annuity and health insurance benefits 17,935 17,608
Other policyholder liabilities 7,864 7,654
Accounts payable, accruals and other liabilities 25,782 23,099
Notes payable and other borrowings 25,663 27,324
Total liabilities 200,130 195,784
Railroad, Utilities and Energy [Member]    
ASSETS    
Cash and cash equivalents 3,550 2,910
Property, plant and equipment 128,385 128,184
Goodwill 24,766 24,780
Regulatory assets 2,987 2,950
Other 15,394 15,589
Total assets 175,082 174,413
LIABILITIES    
Accounts payable, accruals and other liabilities 10,786 11,334
Regulatory liabilities 7,599 7,511
Notes payable and other borrowings 62,667 62,178
Total liabilities 81,052 81,023
Finance and Financial Products [Member]    
ASSETS    
Cash and cash equivalents 3,772 3,213
Short-term investments in U.S. Treasury Bills 2,641 5,856
Loans and finance receivables 13,845 13,748
Property, plant and equipment and assets held for lease 9,920 9,931
Goodwill 1,492 1,493
Other 7,793 7,644
Total assets 39,463 41,885
LIABILITIES    
Accounts payable, accruals and other liabilities 1,566 1,470
Derivative contract liabilities 2,378 2,172
Notes payable and other borrowings 10,755 13,085
Total liabilities $ 14,699 $ 16,727
[1] Approximately 68% of the aggregate fair value was concentrated in five companies (American Express Company - $14.1 billion; Apple Inc. - $40.7 billion; Bank of America Corporation - $21.0 billion; The Coca-Cola Company - $17.4 billion and Wells Fargo & Company - $25.2 billion).
[2] Approximately 65% of the aggregate fair value was concentrated in five companies (American Express Company - $15.1 billion; Apple Inc. - $28.2 billion; Bank of America Corporation - $20.7 billion; The Coca-Cola Company - $18.4 billion and Wells Fargo & Company - $29.3 billion).