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Consolidated Balance Sheets
€ in Millions, £ in Millions, $ in Millions, ¥ in Billions
Mar. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
ASSETS    
Investments in fixed maturity securities $ 17,923 $ 18,685
Investments in equity securities 180,782 [1] 248,027 [2]
Loans and finance receivables 17,660 17,527
Inventories 20,172 19,852
Equipment held for lease 14,899 15,065
Goodwill 81,659 81,882
Deferred charges under retroactive reinsurance contracts 13,488 13,747
Total assets 760,448 817,729
LIABILITIES    
Unpaid losses and loss adjustment expenses 73,362 73,019
Unpaid losses and loss adjustment expenses under retroactive reinsurance contracts 42,269 42,441
Income taxes, principally deferred 52,571 66,799
Total liabilities 385,213 389,166
Shareholders’ equity:    
Common stock 8 8
Capital in excess of par value 35,619 35,658
Accumulated other comprehensive income (6,721) (5,243)
Retained earnings 352,359 402,493
Treasury stock, at cost (9,700) (8,125)
Berkshire Hathaway shareholders’ equity 371,565 424,791
Noncontrolling interests 3,670 3,772
Total shareholders’ equity 375,235 428,563
Total liabilities and shareholders' equity 760,448 817,729
Insurance and Other [Member]    
ASSETS    
Cash and cash equivalents [3] 38,717 61,151
Short-term investments in U.S. Treasury Bills 94,623 63,822
Investments in fixed maturity securities 17,923 18,685
Investments in equity securities 180,782 248,027
Equity method investments 17,483 17,505
Loans and finance receivables 17,660 17,527
Other receivables 34,720 32,418
Inventories 20,172 19,852
Property, plant and equipment 21,258 21,438
Equipment held for lease 14,899 15,065
Goodwill 56,990 57,052
Other intangible assets 30,693 31,051
Deferred charges under retroactive reinsurance contracts 13,488 13,747
Other 13,593 13,232
Total assets 573,001 630,572
LIABILITIES    
Unpaid losses and loss adjustment expenses 73,362 73,019
Unpaid losses and loss adjustment expenses under retroactive reinsurance contracts 42,269 42,441
Unearned premiums 21,718 19,782
Life, annuity and health insurance benefits 20,193 20,155
Other policyholder liabilities 7,753 7,723
Accounts payable, accruals and other liabilities 25,565 27,611
Payable for purchase of U.S. Treasury Bills 8,630  
Derivative contract liabilities 2,361 968
Aircraft repurchase liabilities and unearned lease revenues 5,291 5,281
Notes payable and other borrowings 37,486 37,590
Total liabilities 244,628 234,570
Railroad, Utilities and Energy [Member]    
ASSETS    
Cash and cash equivalents [3] 3,923 3,024
Receivables 3,237 3,417
Property, plant and equipment 137,264 137,838
Goodwill 24,669 24,830
Regulatory assets 2,963 2,881
Other 15,391 15,167
Total assets 187,447 187,157
LIABILITIES    
Accounts payable, accruals and other liabilities 14,049 14,708
Regulatory liabilities 7,218 7,311
Notes payable and other borrowings 66,747 65,778
Total liabilities $ 88,014 $ 87,797
[1] Approximately 69% of the aggregate fair value was concentrated in five companies (American Express Company – $13.0 billion; Apple Inc. – $63.8 billion; Bank of America Corporation – $20.2 billion; The Coca-Cola Company – $17.7 billion and Wells Fargo & Company – $9.9 billion).
[2] Approximately 67% of the aggregate fair value was concentrated in five companies (American Express Company – $18.9 billion; Apple Inc. – $73.7 billion; Bank of America Corporation – $33.4 billion; The Coca-Cola Company – $22.1 billion and Wells Fargo & Company – $18.6 billion).
[3] Cash and cash equivalents included U.S. Treasury Bills with maturities of three months or less when purchased of $19.6 billion at March 31, 2020 and $37.1 billion at December 31, 2019.