Consolidated Balance Sheets € in Millions, £ in Millions, $ in Millions, ¥ in Billions		Jun. 30, 2020 USD ($)		Dec. 31, 2019 USD ($)
ASSETS
Investments in fixed maturity securities		$ 19,210		$ 18,685
Investments in equity securities		207,454	[1]	248,027	[2]
Loans and finance receivables		18,175		17,527
Inventories		19,277		19,852
Equipment held for lease		14,887		15,065
Goodwill		71,753		81,882
Deferred charges under retroactive reinsurance contracts		13,193		13,747
Total assets		788,133		817,729
LIABILITIES
Unpaid losses and loss adjustment expenses		75,669		73,019
Unpaid losses and loss adjustment expenses under retroactive reinsurance contracts		41,837		42,441
Income taxes, principally deferred		61,270		66,799
Total liabilities		390,880		389,166
Shareholders’ equity:
Common stock		8		8
Capital in excess of par value		35,615		35,658
Accumulated other comprehensive income		(5,967)		(5,243)
Retained earnings		378,654		402,493
Treasury stock, at cost		(14,815)		(8,125)
Berkshire Hathaway shareholders’ equity		393,495		424,791
Noncontrolling interests		3,758		3,772
Total shareholders’ equity		397,253		428,563
Total liabilities and shareholders' equity		788,133		817,729
Insurance and Other [Member]
ASSETS
Cash and cash equivalents	[3]	32,318		61,151
Short-term investments in U.S. Treasury Bills		110,518		63,822
Investments in fixed maturity securities		19,210		18,685
Investments in equity securities		207,454		248,027
Equity method investments		17,132		17,505
Loans and finance receivables		18,175		17,527
Other receivables		33,546		32,418
Inventories		19,277		19,852
Property, plant and equipment		21,122		21,438
Equipment held for lease		14,887		15,065
Goodwill		47,034		57,052
Other intangible assets		29,847		31,051
Deferred charges under retroactive reinsurance contracts		13,193		13,747
Other		14,021		13,232
Total assets		597,734		630,572
LIABILITIES
Unpaid losses and loss adjustment expenses		75,669		73,019
Unpaid losses and loss adjustment expenses under retroactive reinsurance contracts		41,837		42,441
Unearned premiums		20,992		19,782
Life, annuity and health insurance benefits		20,642		20,155
Other policyholder liabilities		7,826		7,723
Accounts payable, accruals and other liabilities		26,197		27,611
Payable for purchase of U.S. Treasury Bills		1,114
Derivative contract liabilities		1,565		968
Aircraft repurchase liabilities and unearned lease revenues		5,389		5,281
Notes payable and other borrowings		38,243		37,590
Total liabilities		239,474		234,570
Railroad, Utilities and Energy [Member]
ASSETS
Cash and cash equivalents	[3]	3,756		3,024
Receivables		3,220		3,417
Property, plant and equipment		138,780		137,838
Goodwill		24,719		24,830
Regulatory assets		2,989		2,881
Other		16,935		15,167
Total assets		190,399		187,157
LIABILITIES
Accounts payable, accruals and other liabilities		14,468		14,708
Regulatory liabilities		7,222		7,311
Notes payable and other borrowings		68,446		65,778
Total liabilities		$ 90,136		$ 87,797

[1] Approximately 71% of the aggregate fair value was concentrated in four companies (American Express Company – $14.4 billion; Apple Inc. – $91.5 billion; Bank of America Corporation – $22.6 billion and The Coca-Cola Company – $17.9 billion).

[2] Approximately 60% of the aggregate fair value was concentrated in four companies (American Express Company – $18.9 billion; Apple Inc. – $73.7 billion; Bank of America Corporation – $33.4 billion and The Coca-Cola Company – $22.1 billion).

[3] Cash and cash equivalents includes U.S. Treasury Bills with maturities of three months or less when purchased of $10.9 billion at June 30, 2020 and $37.1 billion at December 31, 2019.