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Revenues from contracts with customers
12 Months Ended
Dec. 31, 2023
Revenue from Contract with Customer [Abstract]  
Revenues from contracts with customers
(23)
Revenues from contracts with customers

The following table summarizes customer contract revenues disaggregated by reportable segment and the source of the revenue for each of the three years ended December 31, 2023 (in millions). Revenues from PTC in 2023 are for the eleven months ending December 31, 2023. Other revenues, which are not considered to be revenues from contracts with customers under GAAP, are primarily insurance premiums earned, interest, dividend and other investment income and leasing revenues.

 

2023

 

Manufacturing

 

 

McLane

 

 

Service and
Retailing

 

 

BNSF

 

 

Berkshire
Hathaway
Energy

 

 

PTC

 

 

Insurance,
Corporate
and other

 

 

Total

 

Manufactured products:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Industrial and commercial

 

$

28,066

 

 

$

 

 

$

233

 

 

$

 

 

$

 

 

$

 

 

$

 

 

$

28,299

 

Building

 

 

20,119

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

20,119

 

Consumer

 

 

17,702

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

17,702

 

Grocery and convenience store distribution

 

 

 

 

 

31,524

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

31,524

 

Food and beverage distribution

 

 

 

 

 

19,040

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

19,040

 

Auto sales

 

 

 

 

 

 

 

 

10,747

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10,747

 

Other retail and wholesale distribution

 

 

3,289

 

 

 

 

 

 

16,289

 

 

 

 

 

 

 

 

 

2,423

 

 

 

 

 

 

22,001

 

Service

 

 

1,457

 

 

 

1,079

 

 

 

5,474

 

 

 

23,724

 

 

 

4,055

 

 

 

264

 

 

 

 

 

 

36,053

 

Electricity, natural gas and fuel

 

 

 

 

 

 

 

 

 

 

 

 

 

 

20,647

 

 

 

48,774

 

 

 

 

 

 

69,421

 

Total

 

 

70,633

 

 

 

51,643

 

 

 

32,743

 

 

 

23,724

 

 

 

24,702

 

 

 

51,461

 

 

 

 

 

 

254,906

 

Other revenues

 

 

4,650

 

 

 

171

 

 

 

7,136

 

 

 

67

 

 

 

1,258

 

 

 

203

 

 

 

96,091

 

 

 

109,576

 

 

$

75,283

 

 

$

51,814

 

 

$

39,879

 

 

$

23,791

 

 

$

25,960

 

 

$

51,664

 

 

$

96,091

 

 

$

364,482

 

2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Manufactured products:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Industrial and commercial

 

$

24,566

 

 

$

 

 

$

199

 

 

$

 

 

$

 

 

 

 

 

$

 

 

$

24,765

 

Building

 

 

22,762

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

22,762

 

Consumer

 

 

19,912

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

19,912

 

Grocery and convenience store distribution

 

 

 

 

 

32,599

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

32,599

 

Food and beverage distribution

 

 

 

 

 

19,388

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

19,388

 

Auto sales

 

 

 

 

 

 

 

 

10,486

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10,486

 

Other retail and wholesale distribution

 

 

3,195

 

 

 

 

 

 

16,931

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

20,126

 

Service

 

 

1,199

 

 

 

1,103

 

 

 

4,439

 

 

 

25,742

 

 

 

4,933

 

 

 

 

 

 

 

 

 

37,416

 

Electricity and natural gas

 

 

 

 

 

 

 

 

 

 

 

 

 

 

20,317

 

 

 

 

 

 

 

 

 

20,317

 

Total

 

 

71,634

 

 

 

53,090

 

 

 

32,055

 

 

 

25,742

 

 

 

25,250

 

 

 

 

 

 

 

 

 

207,771

 

Other revenues

 

 

4,016

 

 

 

119

 

 

 

6,154

 

 

 

60

 

 

 

1,097

 

 

 

 

 

 

82,803

 

 

 

94,249

 

 

$

75,650

 

 

$

53,209

 

 

$

38,209

 

 

$

25,802

 

 

$

26,347

 

 

 

 

 

$

82,803

 

 

$

302,020

 

2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Manufactured products:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Industrial and commercial

 

$

22,184

 

 

$

 

 

$

159

 

 

$

 

 

$

 

 

 

 

 

$

 

 

$

22,343

 

Building

 

 

19,604

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

19,604

 

Consumer

 

 

18,540

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

18,540

 

Grocery and convenience store distribution

 

 

 

 

 

31,245

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

31,245

 

Food and beverage distribution

 

 

 

 

 

17,332

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

17,332

 

Auto sales

 

 

 

 

 

 

 

 

9,966

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

9,966

 

Other retail and wholesale distribution

 

 

2,997

 

 

 

 

 

 

15,898

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

18,895

 

Service

 

 

1,486

 

 

 

751

 

 

 

4,123

 

 

 

23,120

 

 

 

5,583

 

 

 

 

 

 

 

 

 

35,063

 

Electricity and natural gas

 

 

 

 

 

 

 

 

 

 

 

 

 

 

18,264

 

 

 

 

 

 

 

 

 

18,264

 

Total

 

 

64,811

 

 

 

49,328

 

 

 

30,146

 

 

 

23,120

 

 

 

23,847

 

 

 

 

 

 

 

 

 

191,252

 

Other revenues

 

 

3,766

 

 

 

122

 

 

 

4,601

 

 

 

57

 

 

 

1,205

 

 

 

 

 

 

75,182

 

 

 

84,933

 

 

$

68,577

 

 

$

49,450

 

 

$

34,747

 

 

$

23,177

 

 

$

25,052

 

 

 

 

 

$

75,182

 

 

$

276,185

 

 

 

 

 

Notes to Consolidated Financial Statements

(23)
Revenues from contracts with customers

A summary of the transaction price allocated to the significant unsatisfied remaining performance obligations related to contracts with expected durations exceeding one year as of December 31, 2023 and the timing of when the performance obligations are expected to be satisfied follows (in millions).

 

 

 

Less than
12 months

 

 

Greater than
12 months

 

 

Total

 

Electricity, natural gas and fuel

 

$

3,039

 

 

$

20,019

 

 

$

23,058

 

Other sales and service contracts

 

 

3,163

 

 

 

5,181

 

 

 

8,344