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Consolidated Balance Sheets
£ in Millions, $ in Millions, € in Billions, ¥ in Billions
Sep. 30, 2021
USD ($)
Dec. 31, 2020
USD ($)
ASSETS    
Investments in fixed maturity securities $ 18,125 $ 20,410
Investments in equity securities 310,739 [1] 281,170 [2]
Loans and finance receivables 20,397 19,201
Inventories 20,191 19,208
Equipment held for lease 14,752 14,601
Goodwill [3] 73,770 73,734
Deferred charges under retroactive reinsurance contracts 11,732 12,441
Total assets 920,758 873,729
LIABILITIES    
Unpaid losses and loss adjustment expenses 85,754 79,854
Unpaid losses and loss adjustment expenses under retroactive reinsurance contracts 39,721 40,966
Income taxes, principally deferred 82,248 74,098
Total liabilities 439,683 422,393
Shareholders’ equity:    
Common stock 8 8
Capital in excess of par value 35,603 35,626
Accumulated other comprehensive income (4,834) (4,243)
Retained earnings 494,775 444,626
Treasury stock, at cost (53,072) (32,853)
Berkshire Hathaway shareholders’ equity 472,480 443,164
Noncontrolling interests 8,595 8,172
Total shareholders’ equity 481,075 451,336
Total liabilities and shareholders' equity 920,758 873,729
Insurance and Other [Member]    
ASSETS    
Cash and cash equivalents [4] 65,156 44,714
Short-term investments in U.S. Treasury Bills 79,209 90,300
Investments in fixed maturity securities 18,125 20,410
Investments in equity securities 310,739 281,170
Equity method investments 16,658 17,303
Loans and finance receivables 20,397 19,201
Other receivables 37,277 32,310
Inventories 20,191 19,208
Property, plant and equipment 20,722 21,200
Equipment held for lease 14,752 14,601
Goodwill 47,090 47,121
Other intangible assets 28,643 29,462
Deferred charges under retroactive reinsurance contracts 11,732 12,441
Other 16,301 14,580
Total assets 706,992 664,021
LIABILITIES    
Unpaid losses and loss adjustment expenses 85,754 79,854
Unpaid losses and loss adjustment expenses under retroactive reinsurance contracts 39,721 40,966
Unearned premiums 25,239 21,395
Life, annuity and health insurance benefits 22,409 21,616
Other policyholder liabilities 8,863 8,670
Accounts payable, accruals and other liabilities 31,154 29,279
Derivative contract liabilities 286 1,065
Aircraft repurchase liabilities and unearned lease revenues 5,840 5,856
Notes payable and other borrowings 39,645 41,522
Total liabilities 258,911 250,223
Railroad, Utilities and Energy [Member]    
ASSETS    
Cash and cash equivalents [4] 4,833 3,276
Receivables 4,324 3,542
Property, plant and equipment 153,401 151,216
Goodwill 26,680 26,613
Regulatory assets 3,842 3,440
Other 20,686 21,621
Total assets 213,766 209,708
LIABILITIES    
Accounts payable, accruals and other liabilities 15,978 15,224
Regulatory liabilities 7,226 7,475
Notes payable and other borrowings 75,320 75,373
Total liabilities $ 98,524 $ 98,072
[1] Approximately 70% of the aggregate fair value was concentrated in four companies (American Express Company – $25.4 billion; Apple Inc. – $128.4 billion; Bank of America Corporation – $43.9 billion and The Coca-Cola Company – $21.0 billion).
[2] Approximately 68% of the aggregate fair value was concentrated in four companies (American Express Company – $18.3 billion; Apple Inc. – $120.4 billion; Bank of America Corporation – $31.3 billion and The Coca-Cola Company – $21.9 billion).
[3] Net of accumulated goodwill impairments of $11.0 billion as of September 30, 2021 and December 31, 2020.
[4] Includes U.S. Treasury Bills with maturities of three months or less when purchased of $37.9 billion at September 30, 2021 and $23.2 billion at December 31, 2020.