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Quarterly data (Tables)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Schedule of quarterly revenues and earnings

A summary of revenues and net earnings by quarter for each of the last two years follows. This information is unaudited. Amounts are in millions, except per share amounts.

 

       1st
Quarter
       2nd
Quarter
       3rd
Quarter
       4th
Quarter
 

2017

                   

Revenues

       $ 65,187          $ 57,518          $ 60,525          $ 58,907  

Net earnings attributable to Berkshire shareholders *

       4,060          4,262          4,067          32,551  

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

       2,469          2,592          2,473          19,790  

2016

                   

Revenues

       $ 52,163          $ 54,254          $ 58,843          $ 58,344  

Net earnings attributable to Berkshire shareholders *

       5,589          5,001          7,198          6,286  

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

       3,401          3,042          4,379          3,823  

 

*

Includes after-tax investment and derivative gains/losses and a one-time income tax net benefit attributable to the enactment of the Tax Cuts and Jobs Act of 2017 as follows:

 

       1st
Quarter
       2nd
Quarter
       3rd
Quarter
       4th
Quarter
 

Investment and derivative gains/losses – 2017

       $ 504        $ 143          $ 623        $ 107  

Investment and derivative gains/losses – 2016

       1,852          394          2,347          1,904  

Income tax net benefit – Tax Cuts and Jobs Act of 2017

       —            —            —            28,200