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Consolidated Statements of Earnings - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues:        
Sales and service revenues $ 43,494 $ 45,169 $ 122,324 $ 132,021
Leasing revenues 1,316 1,438 3,905 4,365
Total revenues 63,024 64,972 181,129 189,248
Investment and derivative contract gains/losses 31,582 10,926 1,392 41,296
Costs and expenses:        
Total costs and expenses 56,966 56,053 172,564 165,585
Earnings before income taxes and equity method earnings 37,640 19,845 9,957 64,959
Equity method earnings 290 644 333 936
Earnings before income taxes 37,930 20,489 10,290 65,895
Income tax expense 7,517 3,832 3,167 13,333
Net earnings 30,413 16,657 7,123 52,562
Earnings attributable to noncontrolling interests 276 133 437 304
Net earnings attributable to Berkshire Hathaway shareholders $ 30,137 $ 16,524 $ 6,686 $ 52,258
Equivalent Class A [Member]        
Costs and expenses:        
Net earnings per average equivalent share $ 18,994 $ 10,119 $ 4,160 $ 31,944
Average equivalent shares outstanding 1,586,698 1,633,002 1,607,041 1,635,903
Equivalent Class B [Member]        
Costs and expenses:        
Net earnings per average equivalent share [1] $ 12.66 $ 6.75 $ 2.77 $ 21.30
Average equivalent shares outstanding 2,380,046,304 2,449,502,430 2,410,561,550 2,453,854,768
Insurance and Other [Member]        
Revenues:        
Insurance premiums earned $ 15,913 $ 15,323 $ 47,256 $ 44,505
Sales and service revenues 32,703 34,026 93,332 100,563
Leasing revenues 1,316 1,438 3,905 4,365
Interest, dividend and other investment income 1,717 2,483 6,143 6,895
Total revenues 51,649 53,270 150,636 156,328
Costs and expenses:        
Insurance losses and loss adjustment expenses 11,667 10,858 32,712 31,701
Life, annuity and health insurance benefits 1,311 1,176 4,101 3,245
Insurance underwriting expenses 3,228 2,708 9,219 8,033
Cost of sales and services 25,957 26,950 74,565 79,764
Cost of leasing 854 1,010 2,605 3,030
Selling, general and administrative expenses 5,181 4,384 14,304 13,645
Goodwill and intangible asset impairments 25   10,659  
Interest expense 263 261 817 790
Total costs and expenses 48,486 47,347 148,982 140,208
Freight Rail Transportation [Member]        
Revenues:        
Total revenues 5,148 5,982 15,101 17,558
Costs and expenses:        
Expenses 3,161 3,839 9,625 11,706
Utilities and Energy [Member]        
Revenues:        
Sales and service revenues 4,451 4,338 11,504 11,729
Costs and expenses:        
Cost of sales and other expenses 3,101 2,981 8,326 8,503
Railroad, Utilities and Energy [Member]        
Revenues:        
Service revenues and other income 1,776 1,382 3,888 3,633
Total revenues 11,375 11,702 30,493 32,920
Costs and expenses:        
Other expenses 1,481 1,162 3,422 2,990
Interest expense 737 724 2,209 2,178
Total costs and expenses $ 8,480 $ 8,706 $ 23,582 $ 25,377
[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.