XML 14 R2.htm IDEA: XBRL DOCUMENT v3.19.2
Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
ASSETS    
Investments in fixed maturity securities $ 19,962 $ 19,898
Investments in equity securities 200,516 [1] 172,757 [2]
Loans and finance receivables 16,807 16,280
Inventories 19,834 19,069
Equipment held for lease 14,741 14,298
Goodwill 81,269 81,025
Deferred charges under retroactive reinsurance contracts 13,634 14,104
Total assets 760,108 707,794
LIABILITIES    
Unpaid losses and loss adjustment expenses 70,781 68,458
Unpaid losses and loss adjustment expenses under retroactive reinsurance contracts 41,549 41,834
Income taxes, principally deferred 59,622 51,375
Total liabilities 373,717 355,294
Shareholders’ equity:    
Common stock 8 8
Capital in excess of par value 35,610 35,707
Accumulated other comprehensive income (4,678) (5,015)
Retained earnings 356,846 321,112
Treasury stock, at cost (5,242) (3,109)
Berkshire Hathaway shareholders’ equity 382,544 348,703
Noncontrolling interests 3,847 3,797
Total shareholders’ equity 386,391 352,500
Total liabilities and shareholders' equity 760,108 707,794
Insurance and Other [Member]    
ASSETS    
Cash and cash equivalents [3] 41,375 27,749
Short-term investments in U.S. Treasury Bills 77,745 81,506
Investments in fixed maturity securities 19,962 19,898
Investments in equity securities 200,516 172,757
Equity method investments 17,208 17,325
Loans and finance receivables 16,807 16,280
Other receivables 33,941 31,564
Inventories 19,834 19,069
Property, plant and equipment 21,204 20,628
Equipment held for lease 14,741 14,298
Goodwill 56,487 56,323
Other intangible assets 31,032 31,499
Deferred charges under retroactive reinsurance contracts 13,634 14,104
Other 13,097 9,307
Total assets 577,583 532,307
LIABILITIES    
Unpaid losses and loss adjustment expenses 70,781 68,458
Unpaid losses and loss adjustment expenses under retroactive reinsurance contracts 41,549 41,834
Unearned premiums 20,113 18,093
Life, annuity and health insurance benefits 19,155 18,632
Other policyholder liabilities 7,826 7,675
Accounts payable, accruals and other liabilities 25,468 25,776
Derivative contract liabilities 1,470 2,452
Aircraft repurchase liabilities and unearned lease revenues 5,146 4,593
Notes payable and other borrowings 36,025 34,975
Total liabilities 227,533 222,488
Railroad, Utilities and Energy [Member]    
ASSETS    
Cash and cash equivalents [3] 3,259 2,612
Receivables 3,641 3,666
Property, plant and equipment 133,515 131,780
Goodwill 24,782 24,702
Regulatory assets 3,073 3,067
Other 14,255 9,660
Total assets 182,525 175,487
LIABILITIES    
Accounts payable, accruals and other liabilities 15,120 11,410
Regulatory liabilities 7,560 7,506
Notes payable and other borrowings 63,882 62,515
Total liabilities $ 86,562 $ 81,431
[1] Approximately 69% of the aggregate fair value was concentrated in five companies (American Express Company – $18.7 billion; Apple Inc. – $50.5 billion; Bank of America Corporation – $27.6 billion; The Coca-Cola Company – $20.4 billion and Wells Fargo & Company – $20.5 billion).
[2] Approximately 68% of the aggregate fair value was concentrated in five companies (American Express Company – $14.5 billion; Apple Inc. – $40.3 billion; Bank of America Corporation – $22.6 billion; The Coca-Cola Company – $18.9 billion and Wells Fargo & Company – $20.7 billion).
[3] Cash and cash equivalents included U.S. Treasury Bills with maturities of three months or less when purchased of $16.2 billion at June 30, 2019 and $3.9 billion at December 31, 2018.