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: 2019 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2019 10-K (Filed: Feb 24, 2020) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2019 | Dec 31, 2018 | |
| ASSETS | ||
| Investments in fixed maturity securities | $ 18,685 | 19,898 |
| Investments in equity securities | 248,027 [1] | 172,757 [2] |
| Loans and finance receivables | 17,527 | 16,280 |
| Inventories | 19,852 | 19,069 |
| Equipment held for lease | 15,065 | 14,298 |
| Goodwill | 81,882 | 81,025 |
| Deferred charges under retroactive reinsurance contracts | 13,747 | 14,104 |
| Total assets | 817,729 | 707,794 |
| LIABILITIES AND SHAREHOLDERS EQUITY | ||
| LIABILITIES | ||
| Unpaid losses and loss adjustment expenses | 73,019 | 68,458 |
| Unpaid losses and loss adjustment expenses under retroactive reinsurance contracts | 42,441 | 41,834 |
| Income taxes, principally deferred | 66,799 | 51,375 |
| Total liabilities | 389,166 | 355,294 |
| Shareholders equity: | ||
| Common stock | 8 | 8 |
| Capital in excess of par value | 35,658 | 35,707 |
| Accumulated other comprehensive income | (5,243) | (5,015) |
| Retained earnings | 402,493 | 321,112 |
| Treasury stock, at cost | (8,125) | (3,109) |
| Berkshire Hathaway shareholders equity | 424,791 | 348,703 |
| Noncontrolling interests | 3,772 | 3,797 |
| Total shareholders equity | 428,563 | 352,500 |
| Total liabilities and shareholders' equity | 817,729 | 707,794 |
| Product and Service | ||
| Insurance and Other | ||
| Cash and cash equivalents | 61,151 | 27,749 |
| Short-term investments in U.S. Treasury Bills | 63,822 | 81,506 |
| Investments in fixed maturity securities | 18,685 | 19,898 |
| Investments in equity securities | 248,027 | 172,757 |
| Equity method investments | 17,505 | 17,325 |
| Loans and finance receivables | 17,527 | 16,280 |
| Other receivables | 32,418 | 31,564 |
| Inventories | 19,852 | 19,069 |
| Property, plant and equipment | 21,438 | 20,628 |
| Equipment held for lease | 15,065 | 14,298 |
| Goodwill | 57,052 | 56,323 |
| Other intangible assets | 31,051 | 31,499 |
| Deferred charges under retroactive reinsurance contracts | 13,747 | 14,104 |
| Other | 13,232 | 9,307 |
| Total assets | 630,572 | 532,307 |
| Unpaid losses and loss adjustment expenses | 73,019 | 68,458 |
| Unpaid losses and loss adjustment expenses under retroactive reinsurance contracts | 42,441 | 41,834 |
| Unearned premiums | 19,782 | 18,093 |
| Life, annuity and health insurance benefits | 20,155 | 18,632 |
| Other policyholder liabilities | 7,723 | 7,675 |
| Accounts payable, accruals and other liabilities | 27,611 | 25,776 |
| Derivative contract liabilities | 968 | 2,452 |
| Aircraft repurchase liabilities and unearned lease revenues | 5,281 | 4,593 |
| Notes payable and other borrowings | 37,590 | 34,975 |
| Total liabilities | 234,570 | 222,488 |
| Railroad, Utilities and Energy | ||
| Cash and cash equivalents | 3,024 | 2,612 |
| Receivables | 3,417 | 3,666 |
| Property, plant and equipment | 137,838 | 131,780 |
| Goodwill | 24,830 | 24,702 |
| Regulatory assets | 2,881 | 3,067 |
| Other | 15,167 | 9,660 |
| Total assets | 187,157 | 175,487 |
| Accounts payable, accruals and other liabilities | 14,708 | 11,410 |
| Regulatory liabilities | 7,311 | 7,506 |
| Notes payable and other borrowings | 65,778 | 62,515 |
| Total liabilities | 87,797 | 81,431 |
| [2] Approximately 68% of the aggregate fair value was concentrated in five companies (American Express Company $14.5 billion; Apple Inc. $40.3 billion; Bank of America Corporation $22.6 billion; The Coca-Cola Company $18.9 billion and Wells Fargo & Company $20.7 billion). | ||
| [1] Approximately 67% of the aggregate fair value was concentrated in five companies (American Express Company $18.9 billion; Apple Inc. $73.7 billion; Bank of America Corporation $33.4 billion; The Coca-Cola Company $22.1 billion and Wells Fargo & Company $18.6 billion). | ||
| External Links | |
| BERKSHIRE HATHAWAY INC (BRK) Fiscal Year 2019 | |
| 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 |