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Consolidated Statements of Earnings - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues:    
Sales and service revenues $ 41,452 $ 42,392
Leasing revenues 1,428 1,436
Total revenues 61,265 60,678
Investment and derivative contract gains (losses) (70,275) 20,322
Costs and expenses:    
Total costs and expenses 54,339 53,521
Earnings (loss) before income taxes and equity method earnings (63,349) 27,479
Equity method earnings 300 168
Earnings (loss) before income taxes (63,049) 27,647
Income tax expense (benefit) (13,352) 5,915
Net earnings (loss) (49,697) 21,732
Earnings attributable to noncontrolling interests 49 71
Net earnings (loss) attributable to Berkshire Hathaway shareholders $ (49,746) $ 21,661
Equivalent Class A [Member]    
Costs and expenses:    
Net earnings (loss) per average equivalent share $ (30,653) $ 13,209
Average equivalent shares outstanding 1,622,889 1,639,821
Equivalent Class B [Member]    
Costs and expenses:    
Net earnings (loss) per average equivalent share [1] $ (20.44) $ 8.81
Average equivalent shares outstanding 2,434,333,367 2,459,731,886
Insurance and Other [Member]    
Revenues:    
Insurance premiums earned $ 15,748 $ 14,319
Sales and service revenues 31,926 32,409
Leasing revenues 1,428 1,436
Interest, dividend and other investment income 2,276 2,117
Total revenues 51,378 50,281
Costs and expenses:    
Insurance losses and loss adjustment expenses 10,979 10,174
Life, annuity and health insurance benefits 1,383 904
Insurance underwriting expenses 2,924 2,756
Cost of sales and services 25,392 25,767
Cost of leasing 1,002 1,020
Selling, general and administrative expenses 4,471 4,432
Interest expense 296 262
Total costs and expenses 46,447 45,315
Freight Rail Transportation [Member]    
Revenues:    
Total revenues 5,380 5,725
Costs and expenses:    
Expenses 3,593 3,982
Utilities and Energy [Member]    
Revenues:    
Sales and service revenues 3,634 3,825
Costs and expenses:    
Cost of sales and other expenses 2,722 2,842
Railroad, Utilities and Energy [Member]    
Revenues:    
Service revenues and other income 873 847
Total revenues 9,887 10,397
Costs and expenses:    
Other expenses 849 653
Interest expense 728 729
Total costs and expenses $ 7,892 $ 8,206
[1] Class B shares are economically equivalent to one-fifteen-hundredth of a Class A share. Accordingly, net earnings per average equivalent Class B share outstanding is equal to one-fifteen-hundredth of the equivalent Class A amount. See Note 18.