10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
BERKSHIRE HATHAWAY INC | ||
Ticker: BRK Fiscal Year: 2016 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2016 10-K (Filed: Feb 27, 2017) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2016 | Dec 31, 2015 | |
| ASSETS | ||
| Cash and cash equivalents | $ 28,048 | 67,161 |
| Investments in fixed maturity securities | 23,465 | 26,027 |
| Investments in equity securities | 122,032 [1] | 112,137 [2] |
| Inventories | 15,727 | 11,916 |
| Goodwill | 79,486 | 62,708 |
| Total assets | 620,854 | 552,257 |
| LIABILITIES AND SHAREHOLDERS' EQUITY | ||
| LIABILITIES | ||
| Income taxes, principally deferred | 77,944 | 63,126 |
| Losses and loss adjustment expenses | 76,918 | 73,144 |
| Total liabilities | 334,495 | 293,630 |
| Shareholders' equity: | ||
| Common stock | 8 | 8 |
| Capital in excess of par value | 35,681 | 35,620 |
| Accumulated other comprehensive income | 37,298 | 33,982 |
| Retained earnings | 211,777 | 187,703 |
| Treasury stock, at cost | (1,763) | (1,763) |
| Berkshire Hathaway shareholders' equity | 283,001 | 255,550 |
| Noncontrolling interests | 3,358 | 3,077 |
| Total shareholders' equity | 286,359 | 258,627 |
| Total liabilities and shareholders' equity | 620,854 | 552,257 |
| Products and Services | ||
| Insurance and Other | ||
| Cash and cash equivalents | 23,581 | 56,612 |
| U.S. Treasury Bills | 47,338 | 4,569 |
| Total cash, cash equivalents and U.S. Treasury Bills | 70,919 | 61,181 |
| Investments in fixed maturity securities | 23,432 | 25,988 |
| Investments in equity securities | 120,471 | 110,527 |
| Other investments | 14,364 | 15,683 |
| Investments in The Kraft Heinz Company (Fair Value: 2016 - $28,418, 2015 - $32,042) | 15,345 | 23,424 |
| Receivables | 27,097 | 23,303 |
| Inventories | 15,727 | 11,916 |
| Property, plant and equipment | 19,325 | 15,540 |
| Goodwill | 53,994 | 37,188 |
| Other intangible assets | 33,481 | 9,148 |
| Deferred charges reinsurance assumed | 8,047 | 7,687 |
| Other | 7,126 | 6,697 |
| Total assets | 409,328 | 348,282 |
| Losses and loss adjustment expenses | 76,918 | 73,144 |
| Unearned premiums | 14,245 | 13,311 |
| Life, annuity and health insurance benefits | 15,977 | 14,497 |
| Other policyholder liabilities | 6,714 | 7,123 |
| Accounts payable, accruals and other liabilities | 22,164 | 17,879 |
| Notes payable and other borrowings | 27,175 | 14,599 |
| Total liabilities | 163,193 | 140,553 |
| Railroad, Utilities and Energy | ||
| Cash and cash equivalents | 3,939 | 3,437 |
| Property, plant and equipment | 123,759 | 120,279 |
| Goodwill | 24,111 | 24,178 |
| Regulatory assets | 4,457 | 4,285 |
| Other | 13,550 | 12,833 |
| Total assets | 169,816 | 165,012 |
| Accounts payable, accruals and other liabilities | 11,434 | 11,994 |
| Regulatory liabilities | 3,121 | 3,033 |
| Notes payable and other borrowings | 59,085 | 57,739 |
| Total liabilities | 73,640 | 72,766 |
| Finance and Financial Products | ||
| Cash and cash equivalents | 528 | 7,112 |
| U.S. Treasury Bills | 10,984 | |
| Total cash, cash equivalents and U.S. Treasury Bills | 11,512 | 7,112 |
| Investments in fixed maturity securities | 33 | 39 |
| Investments in equity and fixed maturity securities | 408 | 411 |
| Investments in equity securities | 375 | 372 |
| Other investments | 2,892 | 5,719 |
| Loans and finance receivables | 13,300 | 12,772 |
| Property, plant and equipment and assets held for lease | 9,689 | 9,347 |
| Goodwill | 1,381 | 1,342 |
| Other | 2,528 | 2,260 |
| Total assets | 41,710 | 38,963 |
| Accounts payable, accruals and other liabilities | 1,444 | 1,398 |
| Derivative contract liabilities | 2,890 | 3,836 |
| Notes payable and other borrowings | 15,384 | 11,951 |
| Total liabilities | 19,718 | 17,185 |
| [1] Approximately 56% of the aggregate fair value was concentrated in the equity securities of four companies (American Express Company-$11.2 billion; Wells Fargo & Company-$27.6 billion; International Business Machines Corporation ("IBM")-$13.5 billion; and The Coca-Cola Company-$16.6 billion). | ||
| [2] Approximately 59% of the aggregate fair value was concentrated in the equity securities of four companies (American Express Company-$10.5 billion; Wells Fargo & Company-$27.2 billion; IBM-$11.2 billion; and The Coca-Cola Company-$17.2 billion). | ||
| External Links | |
| BERKSHIRE HATHAWAY INC (BRK) Fiscal Year 2016 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |