XML 16 R3.htm IDEA: XBRL DOCUMENT v3.4.0.3
Consolidated Statements of Earnings - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenues:    
Investment gains/losses $ 1,850 $ 97
Total revenues 52,403 48,644
Costs and expenses:    
Total costs and expenses 45,947 40,997
Earnings before income taxes 6,456 7,647
Income tax expense 799 2,414
Net earnings 5,657 5,233
Less: Earnings attributable to noncontrolling interests 68 69
Net earnings attributable to Berkshire Hathaway shareholders $ 5,589 $ 5,164
Class A [Member]    
Net earnings per share attributable to Berkshire Hathaway shareholders:    
Net earnings per share attributable to Berkshire Hathaway shareholders [1] $ 3,401 $ 3,143
Average equivalent Class A Shares outstanding [1] 1,643,487 1,642,951
Insurance and Other [Member]    
Revenues:    
Insurance premiums earned $ 11,124 $ 9,540
Sales and service revenues 28,279 24,941
Interest, dividend and other investment income 1,391 1,303
Investment gains/losses 1,846 96
Total revenues 42,640 35,880
Costs and expenses:    
Insurance losses and loss adjustment expenses 7,532 6,001
Life, annuity and health insurance benefits 1,167 1,180
Insurance underwriting expenses 2,077 1,612
Cost of sales and services 22,796 20,259
Selling, general and administrative expenses 3,722 3,078
Interest expense 387 144
Total costs and expenses 37,681 32,274
Railroad, Utilities and Energy [Member]    
Revenues:    
Total revenues 8,845 9,891
Costs and expenses:    
Cost of sales and operating expenses 6,319 6,968
Interest expense 685 632
Total costs and expenses 7,004 7,600
Finance and Financial Products [Member]    
Revenues:    
Sales and service revenues 1,392 1,222
Interest, dividend and other investment income 332 332
Investment gains/losses 4 1
Derivative gains/losses (810) 1,318
Total revenues 918 2,873
Costs and expenses:    
Cost of sales and services 768 659
Selling, general and administrative expenses 393 365
Interest expense 101 99
Total costs and expenses $ 1,262 $ 1,123
[1] Average shares outstanding and net earnings per share are shown on an equivalent Class A common stock basis. Equivalent Class B shares outstanding are 1,500 times the equivalent Class A amount. Net earnings per equivalent Class B share outstanding are one-fifteen-hundredth (1/1,500) of the equivalent Class A amount.