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Notes payable and other borrowings (Tables)
12 Months Ended
Dec. 31, 2023
Schedule of short and long term outstanding debt disclosure

Notes payable and other borrowings of our insurance and other businesses are summarized below (dollars are in millions). The weighted average interest rates and maturity date ranges are based on borrowings as of December 31, 2023.

 

 

 

Weighted Average

 

 

December 31,

 

 

 

Interest Rate

 

 

2023

 

 

2022

 

Insurance and other:

 

 

 

 

 

 

 

 

 

Berkshire Hathaway Inc. (“Berkshire”):

 

 

 

 

 

 

 

 

 

U.S. Dollar denominated due 2025-2047

 

 

3.5

%

 

$

3,740

 

 

$

6,231

 

Euro denominated due 2024-2041

 

 

1.1

%

 

 

6,145

 

 

 

7,344

 

Japanese Yen denominated due 2024-2060

 

 

0.8

%

 

 

8,896

 

 

 

7,818

 

Berkshire Hathaway Finance Corporation (“BHFC”):

 

 

 

 

 

 

 

 

 

U.S. Dollar denominated due 2027-2052

 

 

3.6

%

 

 

14,463

 

 

 

14,458

 

Great Britain Pound denominated due 2039-2059

 

 

2.5

%

 

 

2,191

 

 

 

2,078

 

Euro denominated due 2030-2034

 

 

1.8

%

 

 

1,374

 

 

 

1,332

 

Other subsidiary borrowings due 2024-2051

 

 

4.5

%

 

 

4,696

 

 

 

5,967

 

Short-term subsidiary borrowings

 

 

7.3

%

 

 

1,187

 

 

 

1,310

 

 

 

 

 

$

42,692

 

 

$

46,538

 

Debt principal payments disclosure

Debt principal repayments expected during each of the next five years are as follows (in millions). Amounts in 2024 include short-term borrowings.

 

 

 

2024

 

 

2025

 

 

2026

 

 

2027

 

 

2028

 

Insurance and other

 

$

3,295

 

 

$

3,076

 

 

$

4,499

 

 

$

2,877

 

 

$

1,413

 

Railroad, utilities and energy

 

 

10,564

 

 

 

3,972

 

 

 

1,554

 

 

 

1,672

 

 

 

5,020

 

 

$

13,859

 

 

$

7,048

 

 

$

6,053

 

 

$

4,549

 

 

$

6,433

 

 

Railroad, Utilities and Energy [Member]  
Schedule of short and long term outstanding debt disclosure

Notes payable and other borrowings of our railroad, utilities and energy businesses are summarized below (dollars are in millions). The weighted average interest rates and maturity date ranges are based on borrowings as of December 31, 2023.

 

 

Weighted Average

 

 

December 31,

 

 

Interest Rate

 

 

2023

 

2022

 

Railroad, utilities and energy:

 

 

 

 

 

 

 

Berkshire Hathaway Energy Company (“BHE”) and subsidiaries:

 

 

 

 

 

 

 

BHE senior unsecured debt due 2025-2053

 

4.4

%

 

$

13,101

 

$

13,996

 

Subsidiary and other debt due 2024-2064

 

4.4

%

 

 

39,072

 

 

37,639

 

Short-term borrowings

 

5.9

%

 

 

4,148

 

 

1,119

 

Pilot Travel Centers (“PTC”) and subsidiaries due 2024-2028

 

7.2

%

 

 

5,776

 

 

 

Burlington Northern Santa Fe (“BNSF”) and subsidiaries due 2024-2097

 

4.6

%

 

 

23,482

 

 

23,452

 

 

 

 

$

85,579

 

$

76,206