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Business segment data
6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Business segment data

Note 22. Business segment data

Our operating businesses include a large and diverse group of insurance, finance, manufacturing, service and retailing businesses. Our reportable business segments are organized in a manner that reflects how management views those business activities. Certain businesses have been grouped together for segment reporting based upon similar products or product lines, marketing, selling and distribution characteristics, even though those business units are operated under separate local management. Revenues by segment for the second quarter and first six months of 2017 and 2016 were as follows (in millions).

 

    Second Quarter     First Six Months  
    2017     2016     2017     2016  

Operating Businesses:

       

Insurance group:

       

Underwriting:

       

GEICO

   $ 7,244        $ 6,247       $ 14,089        $ 12,297    

General Re

    1,578         1,389         2,969         2,779    

Berkshire Hathaway Reinsurance Group

    1,786         1,652         13,627         3,895    

Berkshire Hathaway Primary Group

    1,759         1,511         3,435         2,952    

Investment income

    1,284         1,236         2,416         2,385    
 

 

 

   

 

 

   

 

 

   

 

 

 

Total insurance group

    13,651         12,035         36,536         24,308    

BNSF

    5,250         4,585         10,435         9,352    

Berkshire Hathaway Energy

    4,623         4,299         8,880         8,417    

Manufacturing

    12,738         12,201         24,835         22,755    

McLane Company

    12,581         12,049         24,682         23,850    

Service and retailing

    6,550         6,385         12,643         12,276    

Finance and financial products

    2,033         1,989         3,898         3,715    
 

 

 

   

 

 

   

 

 

   

 

 

 
    57,426         53,543         121,909         104,673    

Reconciliation of segments to consolidated amount:

       

Investment and derivative gains/losses

    225         663         1,000         1,703    

Eliminations and other

    (133)        48         (204)        41    
 

 

 

   

 

 

   

 

 

   

 

 

 
   $             57,518         $             54,254        $             122,705        $             106,417    
 

 

 

   

 

 

   

 

 

   

 

 

 

Earnings before income taxes by segment were as follows (in millions).

 

   
    Second Quarter     First Six Months  
    2017     2016     2017     2016  

Operating Businesses:

       

Insurance group:

       

Underwriting:

       

GEICO

   $ 119      $ 150      $ 294      $ 414  

General Re

    25       2       (118)      44  

Berkshire Hathaway Reinsurance Group

    (400)      184       (1,000)      105  

Berkshire Hathaway Primary Group

    232       174       421       295  

Investment income

    1,283       1,235       2,412       2,377  
 

 

 

   

 

 

   

 

 

   

 

 

 

Total insurance group

    1,259       1,745       2,009       3,235  

BNSF

    1,537       1,238       2,882       2,496  

Berkshire Hathaway Energy

    670       666       1,285       1,235  

Manufacturing

    1,939       1,687       3,426       3,169  

McLane Company

    69       129       157       265  

Service and retailing

    555       457       948       781  

Finance and financial products

    508       583       974       1,061  
 

 

 

   

 

 

   

 

 

   

 

 

 
    6,537       6,505       11,681       12,242  

Reconciliation of segments to consolidated amount:

       

Investment and derivative gains/losses

    225       663       1,000       1,703  

Income from Kraft Heinz

    309       386       548       626  

Interest expense, not allocated to segments

    (646)      31       (857)      (317)   

Eliminations and other

    (296)      (213)      (555)      (426)   
 

 

 

   

 

 

   

 

 

   

 

 

 
   $               6,129      $               7,372      $               11,817      $               13,828