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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
ASSETS    
Cash and cash equivalents $ 31,583 $ 28,048
Short-term investments in U.S. Treasury Bills 84,400  
Investments in fixed maturity securities 21,353 23,432
Investments in equity securities 170,540 [1] 139,288 [2]
Inventories 16,187 15,727
Goodwill 81,258 79,486
Deferred charges under retroactive reinsurance contracts 15,278 8,047
Total assets 702,095 620,854
LIABILITIES    
Income taxes, principally deferred 56,607 77,442
Unpaid losses and loss adjustment expenses 61,122 53,379
Unpaid losses and loss adjustment expenses under retroactive reinsurance contracts 42,937 24,972
Total liabilities 350,141 335,426
Shareholders' equity:    
Common stock 8 8
Capital in excess of par value 35,694 35,681
Accumulated other comprehensive income 58,571 37,298
Retained earnings 255,786 210,846
Treasury stock, at cost (1,763) (1,763)
Berkshire Hathaway shareholders' equity 348,296 282,070
Noncontrolling interests 3,658 3,358
Total shareholders' equity 351,954 285,428
Total liabilities and shareholders' equity 702,095 620,854
Insurance and Other [Member]    
ASSETS    
Cash and cash equivalents 25,460 23,581
Short-term investments in U.S. Treasury Bills 78,515 47,338
Investments in fixed maturity securities 21,353 23,432
Investments in equity securities 164,026 134,835
Investments in The Kraft Heinz Company (Fair Value: 2017 - $25,306; 2016 - $28,418) 17,635 15,345
Receivables 28,578 27,097
Inventories 16,187 15,727
Property, plant and equipment 20,104 19,325
Goodwill 54,985 53,994
Other intangible assets 32,518 33,481
Deferred charges under retroactive reinsurance contracts 15,278 8,047
Other 11,158 7,126
Total assets 485,797 409,328
LIABILITIES    
Unpaid losses and loss adjustment expenses 61,122 53,379
Unpaid losses and loss adjustment expenses under retroactive reinsurance contracts 42,937 24,972
Unearned premiums 16,040 14,245
Life, annuity and health insurance benefits 17,608 15,977
Other policyholder liabilities 7,654 6,714
Accounts payable, accruals and other liabilities 23,099 22,164
Notes payable and other borrowings 27,324 27,175
Total liabilities 195,784 164,626
Railroad, Utilities and Energy [Member]    
ASSETS    
Cash and cash equivalents 2,910 3,939
Property, plant and equipment 128,184 123,759
Goodwill 24,780 24,111
Regulatory assets 2,950 4,457
Other 15,589 13,550
Total assets 174,413 169,816
LIABILITIES    
Accounts payable, accruals and other liabilities 11,334 11,434
Regulatory liabilities 7,511 3,121
Notes payable and other borrowings 62,178 59,085
Total liabilities 81,023 73,640
Finance and Financial Products [Member]    
ASSETS    
Cash and cash equivalents 3,213 528
Short-term investments in U.S. Treasury Bills 5,856 10,984
Loans and finance receivables 13,748 13,300
Property, plant and equipment and assets held for lease 9,931 9,689
Goodwill 1,493 1,381
Other 7,644 5,828
Total assets 41,885 41,710
LIABILITIES    
Accounts payable, accruals and other liabilities 1,470 1,444
Derivative contract liabilities 2,172 2,890
Notes payable and other borrowings 13,085 15,384
Total liabilities $ 16,727 $ 19,718
[1] Approximately 65% of the aggregate fair value was concentrated in five companies (American Express Company - $15.1 billion; Apple Inc. - $28.2 billion; Bank of America Corporation - $20.7 billion; The Coca-Cola Company - $18.4 billion and Wells Fargo & Company - $29.3 billion).
[2] Approximately 60% of the aggregate fair value was concentrated in five companies (American Express Company - $11.2 billion; Bank of America Corporation - $14.5 billion; The Coca-Cola Company - $16.6 billion; International Business Machines Corporation - $13.5 billion and Wells Fargo & Company - $27.6 billion).