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Consolidated Statements of Earnings - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues:        
Sales and service revenues $ 45,169 $ 45,427 $ 132,021 $ 131,191
Leasing revenues 1,438   4,365  
Total revenues 64,972 63,450 189,248 184,123
Investment and derivative contract gains (losses):        
Investment gains (losses) 10,692 14,569 40,079 12,750
Derivative contract gains (losses) 234 137 1,217 303
Investment and derivative gains/losses 10,926 14,706 41,296 13,053
Costs and expenses:        
Total costs and expenses 56,053 55,325 165,585 161,498
Earnings (loss) before income taxes and equity method earnings 19,845 22,831 64,959 35,678
Equity method earnings 644 316 936 1,044
Earnings (loss) before income taxes 20,489 23,147 65,895 36,722
Income tax expense (benefit) 3,832 4,440 13,333 7,009
Net earnings (loss) 16,657 18,707 52,562 29,713
Earnings attributable to noncontrolling interests 133 167 304 300
Net earnings (loss) attributable to Berkshire Hathaway shareholders $ 16,524 $ 18,540 $ 52,258 $ 29,413
Equivalent Class A [Member]        
Costs and expenses:        
Net earnings (loss) per average equivalent share $ 10,119 $ 11,280 $ 31,944 $ 17,885
Average equivalent shares outstanding 1,633,002 1,643,556 1,635,903 1,644,519
Equivalent Class B [Member]        
Costs and expenses:        
Net earnings (loss) per average equivalent share [1] $ 6.75 $ 7.52 $ 21.30 $ 11.92
Average equivalent shares outstanding 2,449,502,430 2,465,333,662 2,453,854,768 2,466,777,764
Insurance and Other [Member]        
Revenues:        
Insurance premiums earned $ 15,323 $ 14,333 $ 44,505 $ 41,855
Sales and service revenues 34,026 33,832 100,563 99,492
Leasing revenues 1,438 1,474 4,365 4,378
Interest, dividend and other investment income 2,483 1,993 6,895 5,583
Total revenues 53,270 51,632 156,328 151,308
Costs and expenses:        
Insurance losses and loss adjustment expenses 10,858 9,932 31,701 28,296
Life, annuity and health insurance benefits 1,176 1,448 3,245 4,153
Insurance underwriting expenses 2,708 2,352 8,033 7,079
Cost of sales and services 26,950 27,084 79,764 79,254
Cost of leasing 1,010 978 3,030 2,949
Selling, general and administrative expenses 4,384 4,494 13,645 13,434
Interest expense 261 252 790 772
Total costs and expenses 47,347 46,540 140,208 135,937
Freight Rail Transportation [Member]        
Revenues:        
Total revenues 5,982 6,112 17,558 17,547
Costs and expenses:        
Expenses 3,839 4,012 11,706 11,838
Utilities and Energy [Member]        
Revenues:        
Sales and service revenues 4,338 4,419 11,729 11,818
Costs and expenses:        
Cost of sales and other expenses 2,981 2,981 8,503 8,637
Railroad, Utilities and Energy [Member]        
Revenues:        
Service revenues and other income 1,382 1,287 3,633 3,450
Total revenues 11,702 11,818 32,920 32,815
Costs and expenses:        
Other expenses 1,162 1,094 2,990 2,976
Interest expense 724 698 2,178 2,110
Total costs and expenses $ 8,706 $ 8,785 $ 25,377 $ 25,561
[1] Class B shares are economically equivalent to one-fifteen-hundredth of a Class A share. Accordingly, net earnings per average equivalent Class B share outstanding is equal to one-fifteen-hundredth of the equivalent Class A amount.