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Consolidated Balance Sheets
£ in Millions, $ in Millions, € in Billions, ¥ in Billions
Jun. 30, 2021
USD ($)
Dec. 31, 2020
USD ($)
ASSETS    
Investments in fixed maturity securities $ 20,460 $ 20,410
Investments in equity securities 307,942 [1] 281,170 [2]
Loans and finance receivables 19,900 19,201
Inventories 19,393 19,208
Equipment held for lease 14,659 14,601
Goodwill [3] 73,758 73,734
Deferred charges under retroactive reinsurance contracts 11,968 12,441
Total assets 912,493 873,729
LIABILITIES    
Unpaid losses and loss adjustment expenses 82,958 79,854
Unpaid losses and loss adjustment expenses under retroactive reinsurance contracts 40,237 40,966
Income taxes, principally deferred 81,577 74,098
Total liabilities 433,693 422,393
Shareholders’ equity:    
Common stock 8 8
Capital in excess of par value 35,635 35,626
Accumulated other comprehensive income (4,219) (4,243)
Retained earnings 484,431 444,626
Treasury stock, at cost (45,446) (32,853)
Berkshire Hathaway shareholders’ equity 470,409 443,164
Noncontrolling interests 8,391 8,172
Total shareholders’ equity 478,800 451,336
Total liabilities and shareholders' equity 912,493 873,729
Insurance and Other [Member]    
ASSETS    
Cash and cash equivalents [4] 38,924 44,714
Short-term investments in U.S. Treasury Bills 101,760 90,300
Investments in fixed maturity securities 20,460 20,410
Investments in equity securities 307,942 281,170
Equity method investments 16,542 17,303
Loans and finance receivables 19,900 19,201
Other receivables 36,044 32,310
Inventories 19,393 19,208
Property, plant and equipment 20,865 21,200
Equipment held for lease 14,659 14,601
Goodwill 47,080 47,121
Other intangible assets 28,853 29,462
Deferred charges under retroactive reinsurance contracts 11,968 12,441
Other 15,638 14,580
Total assets 700,028 664,021
LIABILITIES    
Unpaid losses and loss adjustment expenses 82,958 79,854
Unpaid losses and loss adjustment expenses under retroactive reinsurance contracts 40,237 40,966
Unearned premiums 23,732 21,395
Life, annuity and health insurance benefits 22,106 21,616
Other policyholder liabilities 8,528 8,670
Accounts payable, accruals and other liabilities 29,816 29,279
Derivative contract liabilities 355 1,065
Aircraft repurchase liabilities and unearned lease revenues 5,819 5,856
Notes payable and other borrowings 40,561 41,522
Total liabilities 254,112 250,223
Railroad, Utilities and Energy [Member]    
ASSETS    
Cash and cash equivalents [4] 3,374 3,276
Receivables 4,229 3,542
Property, plant and equipment 152,787 151,216
Goodwill 26,678 26,613
Regulatory assets 3,610 3,440
Other 21,787 21,621
Total assets 212,465 209,708
LIABILITIES    
Accounts payable, accruals and other liabilities 15,728 15,224
Regulatory liabilities 7,614 7,475
Notes payable and other borrowings 74,662 75,373
Total liabilities $ 98,004 $ 98,072
[1] Approximately 69% of the aggregate fair value was concentrated in four companies (American Express Company – $25.1 billion; Apple Inc. – $124.3 billion; Bank of America Corporation – $42.6 billion and The Coca-Cola Company – $21.6 billion).
[2] Approximately 68% of the aggregate fair value was concentrated in four companies (American Express Company – $18.3 billion; Apple Inc. – $120.4 billion; Bank of America Corporation – $31.3 billion and The Coca-Cola Company – $21.9 billion).
[3] Net of accumulated goodwill impairments of $11.0 billion as of June 30, 2021 and December 31, 2020.
[4] Includes U.S. Treasury Bills with maturities of three months or less when purchased of $16.6 billion at June 30, 2021 and $23.2 billion at December 31, 2020.