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Consolidated Balance Sheets
£ in Millions, $ in Millions, € in Billions, ¥ in Billions
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
ASSETS    
Investments in fixed maturity securities $ 16,434 $ 20,410
Investments in equity securities 350,719 [1] 281,170 [2]
Loans and finance receivables 20,751 19,201
Inventories 20,954 19,208
Equipment held for lease 14,918 14,601
Goodwill [3] 73,875 73,734
Deferred charges - retroactive reinsurance 10,639 12,441
Total assets 958,784 873,729
LIABILITIES    
Unpaid losses and loss adjustment expenses 86,664 79,854
Unpaid losses and loss adjustment expenses under retroactive reinsurance contracts 38,256 40,966
Income taxes, principally deferred 90,243 74,098
Total liabilities 443,854 422,393
Shareholders’ equity:    
Common stock 8 8
Capital in excess of par value 35,592 35,626
Accumulated other comprehensive income (4,027) (4,243)
Retained earnings 534,421 444,626
Treasury stock, at cost (59,795) (32,853)
Berkshire Hathaway shareholders’ equity 506,199 443,164
Noncontrolling interests 8,731 8,172
Total shareholders’ equity 514,930 451,336
Total liabilities and shareholders' equity 958,784 873,729
Insurance and Other [Member]    
ASSETS    
Cash and cash equivalents [4] 85,319 44,714
Short-term investments in U.S. Treasury Bills 58,535 90,300
Investments in fixed maturity securities 16,434 20,410
Investments in equity securities 350,719 281,170
Equity method investments 17,375 17,303
Loans and finance receivables 20,751 19,201
Other receivables 35,388 32,310
Inventories 20,954 19,208
Property, plant and equipment 20,834 21,200
Equipment held for lease 14,918 14,601
Goodwill 47,117 47,121
Other intangible assets 28,486 29,462
Deferred charges - retroactive reinsurance 10,639 12,441
Other 15,854 14,580
Total assets 743,323 664,021
LIABILITIES    
Unpaid losses and loss adjustment expenses 86,664 79,854
Unpaid losses and loss adjustment expenses under retroactive reinsurance contracts 38,256 40,966
Unearned premiums 23,512 21,395
Life, annuity and health insurance benefits 22,452 21,616
Other policyholder liabilities 9,330 8,670
Accounts payable, accruals and other liabilities 30,376 30,344
Aircraft repurchase liabilities and unearned lease revenues 5,849 5,856
Notes payable and other borrowings 39,272 41,522
Total liabilities 255,711 250,223
Railroad, Utilities and Energy [Member]    
ASSETS    
Cash and cash equivalents [4] 2,865 3,276
Receivables 4,177 3,542
Property, plant and equipment 155,530 151,216
Goodwill 26,758 26,613
Other intangible assets 1,151 1,222
Regulatory assets 3,963 3,440
Other 22,168 21,621
Total assets 215,461 209,708
LIABILITIES    
Accounts payable, accruals and other liabilities 15,696 15,224
Regulatory liabilities 7,214 7,475
Notes payable and other borrowings 74,990 75,373
Total liabilities $ 97,900 $ 98,072
[1] Approximately 73% of the aggregate fair value was concentrated in four companies (American Express Company – $24.8 billion; Apple Inc. – $161.2 billion; Bank of America Corporation – $46.0 billion and The Coca-Cola Company – $23.7 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 December 31, 2021 and 2020.
[4] Includes U.S. Treasury Bills with maturities of three months or less when purchased of $61.7 billion at December 31, 2021 and $23.2 billion at December 31, 2020.