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Consolidated Statements of Earnings - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues:        
Sales and service revenues $ 48,110 $ 37,378 $ 92,733 $ 78,830
Leasing revenues 1,447 1,161 2,771 2,589
Total revenues 69,114 56,840 133,713 118,105
Investment and derivative contract gains (losses) 27,394 40,085 33,094 (30,190)
Costs and expenses:        
Total costs and expenses 60,934 61,259 116,956 115,598
Earnings (loss) before income taxes and equity method earnings 35,574 35,666 49,851 (27,683)
Equity method earnings (loss) 147 (257) 398 43
Earnings (loss) before income taxes 35,721 35,409 50,249 (27,640)
Income tax expense (benefit) 7,296 9,002 9,984 (4,350)
Net earnings (loss) 28,425 26,407 40,265 (23,290)
Earnings attributable to noncontrolling interests 331 112 460 161
Net earnings (loss) attributable to Berkshire Hathaway shareholders $ 28,094 $ 26,295 $ 39,805 $ (23,451)
Equivalent Class A [Member]        
Costs and expenses:        
Net earnings (loss) per average equivalent share $ 18,488 $ 16,314 $ 26,078 $ (14,500)
Average equivalent shares outstanding 1,519,576 1,611,760 1,526,392 1,617,325
Equivalent Class B [Member]        
Costs and expenses:        
Net earnings (loss) per average equivalent share [1] $ 12.33 $ 10.88 $ 17.39 $ (9.67)
Average equivalent shares outstanding 2,279,363,382 2,417,640,311 2,289,587,640 2,425,986,839
Insurance and Other [Member]        
Revenues:        
Insurance premiums earned $ 17,163 $ 15,595 $ 33,587 $ 31,343
Sales and service revenues 36,743 28,703 70,441 60,629
Leasing revenues 1,447 1,161 2,771 2,589
Interest, dividend and other investment income 1,898 2,150 3,749 4,426
Total revenues 57,251 47,609 110,548 98,987
Costs and expenses:        
Insurance losses and loss adjustment expenses 12,175 10,066 23,139 21,045
Life, annuity and health insurance benefits 1,459 1,407 2,939 2,790
Insurance underwriting expenses 3,065 3,067 6,079 5,991
Cost of sales and services 28,761 23,216 55,291 48,608
Cost of leasing 982 749 1,864 1,751
Selling, general and administrative expenses 5,045 4,652 8,955 9,123
Goodwill and intangible asset impairments   10,634   10,634
Interest expense 298 258 574 554
Total costs and expenses 51,785 54,049 98,841 100,496
Freight Rail Transportation [Member]        
Revenues:        
Total revenues 5,778 4,573 11,156 9,953
Costs and expenses:        
Expenses 3,588 2,871 7,098 6,464
Utilities and Energy [Member]        
Revenues:        
Sales and service revenues 4,302 3,419 9,150 7,053
Costs and expenses:        
Cost of sales and other expenses 3,220 2,503 6,809 5,225
Railroad, Utilities and Energy [Member]        
Revenues:        
Service revenues and other income 1,783 1,239 2,859 2,112
Total revenues 11,863 9,231 23,165 19,118
Costs and expenses:        
Other expenses 1,563 1,092 2,656 1,941
Interest expense 778 744 1,552 1,472
Total costs and expenses $ 9,149 $ 7,210 $ 18,115 $ 15,102
[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 17.