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Significant business acquisitions (Tables)
3 Months Ended
Mar. 31, 2016
Business Combinations [Abstract]  
Schedule of estimated fair values of assets acquired and liabilities assumed

Preliminary values of identified assets acquired and liabilities assumed and residual goodwill of PCC and Duracell at their respective acquisition dates are summarized in the table that follows (in millions). Financial results attributable to business acquisitions are included in our Consolidated Financial Statements beginning on their respective acquisition dates. The fair values of certain assets and liabilities, particularly property, plant and equipment and intangible assets, are provisional and are subject to revision as the related valuations are completed. Goodwill from these acquisitions is not amortizable for income tax purposes.

 

         PCC           Duracell   

Cash and cash equivalents

   $ 250       $ 1,807   

Inventories

     3,459         326   

Property, plant and equipment

     2,865         364   

Goodwill

     15,833         614   

Other intangible assets

     23,988         2,024   

Other assets

     1,914         256   
  

 

 

    

 

 

 

Assets acquired

   $ 48,309       $ 5,391   
  

 

 

    

 

 

 

Accounts payable, accruals and other liabilities

   $ 2,362       $ 392   

Notes payable and other borrowings

     5,251           

Income taxes, principally deferred

     8,038         760   
  

 

 

    

 

 

 

Liabilities assumed

   $ 15,651       $ 1,152   
  

 

 

    

 

 

 

Net assets

   $ 32,658       $ 4,239   
  

 

 

    

 

 

 

 

 

Schedule of pro forma consolidated earnings data

The following table sets forth certain unaudited pro forma consolidated earnings data for the first three months of 2015 as if the acquisitions discussed previously were consummated on the same terms at the beginning of the year preceding their respective acquisition dates (in millions, except per share amount). Pro forma data for the first three months of 2016 was not materially different from the amounts reflected in the accompanying Consolidated Financial Statements.

 

     2015  

Revenues

   $    51,587   

Net earnings attributable to Berkshire Hathaway shareholders

     5,152   

Net earnings per equivalent Class A common share attributable to Berkshire Hathaway shareholders

     3,136