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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
ASSETS    
Investments in fixed maturity securities $ 19,172 $ 19,898
Investments in equity securities 220,051 [1] 172,757 [2]
Loans and finance receivables 17,135 16,280
Inventories 19,951 19,069
Equipment held for lease 14,934 14,298
Goodwill 81,228 81,025
Deferred charges under retroactive reinsurance contracts 13,359 14,104
Total assets 788,482 707,794
LIABILITIES    
Unpaid losses and loss adjustment expenses 71,997 68,458
Unpaid losses and loss adjustment expenses under retroactive reinsurance contracts 41,364 41,834
Income taxes, principally deferred 60,389 51,375
Total liabilities 386,924 355,294
Shareholders’ equity:    
Common stock 8 8
Capital in excess of par value 35,612 35,707
Accumulated other comprehensive income (5,408) (5,015)
Retained earnings 373,334 321,112
Treasury stock, at cost (5,937) (3,109)
Berkshire Hathaway shareholders’ equity 397,609 348,703
Noncontrolling interests 3,949 3,797
Total shareholders’ equity 401,558 352,500
Total liabilities and shareholders' equity 788,482 707,794
Insurance and Other [Member]    
ASSETS    
Cash and cash equivalents [3] 71,064 27,749
Short-term investments in U.S. Treasury Bills 53,378 81,506
Investments in fixed maturity securities 19,172 19,898
Investments in equity securities 220,051 172,757
Equity method investments 17,535 17,325
Loans and finance receivables 17,135 16,280
Other receivables 34,511 31,564
Inventories 19,951 19,069
Property, plant and equipment 21,230 20,628
Equipment held for lease 14,934 14,298
Goodwill 56,478 56,323
Other intangible assets 30,788 31,499
Deferred charges under retroactive reinsurance contracts 13,359 14,104
Other 13,430 9,307
Total assets 603,016 532,307
LIABILITIES    
Unpaid losses and loss adjustment expenses 71,997 68,458
Unpaid losses and loss adjustment expenses under retroactive reinsurance contracts 41,364 41,834
Unearned premiums 20,764 18,093
Life, annuity and health insurance benefits 19,422 18,632
Other policyholder liabilities 7,686 7,675
Accounts payable, accruals and other liabilities 25,880 23,696
Payable for purchases of U.S. Treasury Bills 8,123 2,080
Derivative contract liabilities 1,236 2,452
Aircraft repurchase liabilities and unearned lease revenues 5,106 4,593
Notes payable and other borrowings 37,176 34,975
Total liabilities 238,754 222,488
Railroad, Utilities and Energy [Member]    
ASSETS    
Cash and cash equivalents [3] 3,712 2,612
Receivables 3,756 3,666
Property, plant and equipment 135,326 131,780
Goodwill 24,750 24,702
Regulatory assets 3,007 3,067
Other 14,915 9,660
Total assets 185,466 175,487
LIABILITIES    
Accounts payable, accruals and other liabilities 15,309 11,410
Regulatory liabilities 7,454 7,506
Notes payable and other borrowings 65,018 62,515
Total liabilities $ 87,781 $ 81,431
[1] Approximately 66% of the aggregate fair value was concentrated in five companies (American Express Company – $17.9 billion; Apple Inc. – $57.0 billion; Bank of America Corporation – $27.8 billion; The Coca-Cola Company – $21.8 billion and Wells Fargo & Company – $20.2 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 $40.6 billion at September 30, 2019 and $3.9 billion at December 31, 2018.