XML 16 R2.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Balance Sheets
€ in Millions, £ in Millions, $ in Millions, ¥ in Billions
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
ASSETS    
Investments in fixed maturity securities $ 25,128 $ 16,434
Investments in equity securities 308,793 [1] 350,719 [2]
Equity method investments 28,050 16,045
Loans and finance receivables 23,208 20,751
Inventories 25,366 20,954
Equipment held for lease 15,584 14,918
Goodwill [3] 78,119 73,875
Total assets 948,452 958,784
LIABILITIES    
Income taxes, principally deferred 77,020 90,243
Total liabilities 467,835 443,854
Shareholders’ equity:    
Common stock 8 8
Capital in excess of par value 35,167 35,592
Accumulated other comprehensive income (6,591) (4,027)
Retained earnings 511,602 534,421
Treasury stock, at cost (67,826) (59,795)
Berkshire Hathaway shareholders’ equity 472,360 506,199
Noncontrolling interests 8,257 8,731
Total shareholders’ equity 480,617 514,930
Total liabilities and shareholders' equity 948,452 958,784
Insurance and Other [Member]    
ASSETS    
Cash and cash equivalents [4] 32,260 85,319
Short-term investments in U.S. Treasury Bills 92,774 58,535
Investments in fixed maturity securities 25,128 16,434
Investments in equity securities 308,793 350,719
Equity method investments 28,050 16,045
Loans and finance receivables 23,208 20,751
Other receivables 43,506 35,388
Inventories 25,366 20,954
Property, plant and equipment 21,113 20,834
Equipment held for lease 15,584 14,918
Goodwill 51,522 47,117
Other intangible assets 29,187 28,486
Deferred charges - retroactive reinsurance 9,870 10,639
Other 19,628 15,854
Total assets 725,989 741,993
LIABILITIES    
Unpaid losses and loss adjustment expenses 107,472 86,664
Unpaid losses and loss adjustment expenses under retroactive reinsurance contracts 35,415 37,855
Unearned premiums 28,657 23,512
Life, annuity and health insurance benefits 22,421 22,282
Other policyholder liabilities 10,101 9,901
Accounts payable, accruals and other liabilities 33,201 30,376
Aircraft repurchase liabilities and unearned lease revenues 6,820 5,849
Notes payable and other borrowings 46,538 39,272
Total liabilities 290,625 255,711
Railroad, Utilities and Energy [Member]    
ASSETS    
Cash and cash equivalents [4] 3,551 2,865
Receivables 4,795 4,177
Property, plant and equipment 160,268 155,530
Goodwill 26,597 26,758
Regulatory assets 5,062 3,963
Other 22,190 23,498
Total assets 222,463 216,791
LIABILITIES    
Accounts payable, accruals and other liabilities 16,615 15,696
Regulatory liabilities 7,369 7,214
Notes payable and other borrowings 76,206 74,990
Total liabilities $ 100,190 $ 97,900
[1] Approximately 75% of the aggregate fair value was concentrated in five companies (American Express Company – $22.4 billion; Apple Inc. – $119.0 billion; Bank of America Corporation – $34.2 billion; The Coca-Cola Company – $25.4 billion and Chevron Corporation – $30.0 billion).
[2] Approximately 73% of the aggregate fair value was concentrated in four companies (American Express Company – $24.8 billion; Apple Inc. – $161.2 billion; Bank of America Corporation – $46.0 billion and The Coca-Cola Company – $23.7 billion).
[3] Net of accumulated goodwill impairments of $11.0 billion as of December 31, 2022 and 2021
[4] Includes U.S. Treasury Bills with maturities of three months or less when purchased of $2.6 billion at December 31, 2022 and $61.7 billion at December 31, 2021.