Revenues from contracts with customers

9 Months Ended

Sep. 30, 2020

Revenue From Contract With Customer [Abstract]

Revenues from contracts with customers

Note 23. Revenues from contracts with customers

We recognize revenue when a good or service is transferred to a customer. A good or service is transferred when or as the customer obtains control of that good or service. Revenues are based on the consideration we expect to receive in connection with our promises to deliver goods and services to our customers.

The following tables summarize customer contract revenues disaggregated by reportable segment and the source of the revenue for the third quarter and first nine months of 2020 and 2019 (in millions). Other revenues included in consolidated revenues were primarily insurance premiums earned, interest, dividend and other investment income and leasing revenues, which are not considered to be revenues from contracts with customers under GAAP.

	Manufacturing		McLane Company		Service and Retail		BNSF		Berkshire Hathaway Energy		Insurance, Corporate and other		Total
Three months ending September 30, 2020
Manufactured products:
Industrial and commercial products	$	4,889	$	—	$	54	$	—	$	—	$	—	$	4,943
Building products		4,322		—		—		—		—		—		4,322
Consumer products		4,036		—		—		—		—		—		4,036
Grocery and convenience store distribution		—		7,905		—		—		—		—		7,905
Food and beverage distribution		—		3,968		—		—		—		—		3,968
Auto sales		—		—		2,195		—		—		—		2,195
Other retail and wholesale distribution		599		—		3,182		—		—		—		3,781
Service		370		144		865		5,135		1,474		—		7,988
Electricity and natural gas		—		—		—		—		4,356		—		4,356
Total		14,216		12,017		6,296		5,135		5,830		—		43,494
Other revenues		929		23		966		14		396		17,202		19,530
	$	15,145	$	12,040	$	7,262	$	5,149	$	6,226	$	17,202	$	63,024
Nine months ending September 30, 2020
Manufactured products:
Industrial and commercial products	$	15,639	$	—	$	143	$	—	$	—	$	—	$	15,782
Building products		11,682		—		—		—		—		—		11,682
Consumer products		10,373		—		—		—		—		—		10,373
Grocery and convenience store distribution		—		23,051		—		—		—		—		23,051
Food and beverage distribution		—		11,561		—		—		—		—		11,561
Auto sales		—		—		5,999		—		—		—		5,999
Other retail and wholesale distribution		1,691		—		8,735		—		—		—		10,426
Service		1,105		398		2,460		15,059		3,238		—		22,260
Electricity and natural gas		—		—		—		—		11,190		—		11,190
Total		40,490		35,010		17,337		15,059		14,428		—		122,324
Other revenues		2,686		69		2,884		42		964		52,160		58,805
	$	43,176	$	35,079	$	20,221	$	15,101	$	15,392	$	52,160	$	181,129

Notes to Consolidated Financial Statements (Continued)

Note 23. Revenues from contracts with customers (Continued)

	Manufacturing		McLane Company		Service and Retail		BNSF		Berkshire Hathaway Energy		Insurance, Corporate and other		Total
Three months ending September 30, 2019
Manufactured products:
Industrial and commercial products	$	6,346	$	—	$	44	$	—	$	—	$	—	$	6,390
Building products		4,101		—		—		—		—		—		4,101
Consumer products		3,528		—		—		—		—		—		3,528
Grocery and convenience store distribution		—		8,298		—		—		—		—		8,298
Food and beverage distribution		—		4,202		—		—		—		—		4,202
Auto sales		—		—		2,250		—		—		—		2,250
Other retail and wholesale distribution		524		—		2,946		—		—		—		3,470
Service		445		80		1,034		5,967		1,191		—		8,717
Electricity and natural gas		—		—		—		—		4,213		—		4,213
Total		14,944		12,580		6,274		5,967		5,404		—		45,169
Other revenues		937		24		1,080		15		316		17,431		19,803
	$	15,881	$	12,604	$	7,354	$	5,982	$	5,720	$	17,431	$	64,972
Nine months ending September 30, 2019
Manufactured products:
Industrial and commercial products	$	19,308	$	—	$	136	$	—	$	—	$	—	$	19,444
Building products		11,796		—		—		—		—		—		11,796
Consumer products		10,487		—		—		—		—		—		10,487
Grocery and convenience store distribution		—		24,375		—		—		—		—		24,375
Food and beverage distribution		—		12,648		—		—		—		—		12,648
Auto sales		—		—		6,312		—		—		—		6,312
Other retail and wholesale distribution		1,602		—		8,959		—		—		—		10,561
Service		1,222		123		3,068		17,517		3,139		—		25,069
Electricity and natural gas		—		—		—		—		11,329		—		11,329
Total		44,415		37,146		18,475		17,517		14,468		—		132,021
Other revenues		2,715		68		3,323		41		894		50,186		57,227
	$	47,130	$	37,214	$	21,798	$	17,558	$	15,362	$	50,186	$	189,248

A summary of the transaction price allocated to the significant unsatisfied remaining performance obligations relating to contracts with expected durations in excess of one year as of September 30, 2020 follows (in millions).

	Performance obligations expected to be satisfied:
	Less than 12 months		Greater than 12 months		Total
Electricity and natural gas	$	1,642	$	5,379	$	7,021
Other sales and service contracts		1,206		2,457		3,663