10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
| ||||||||||||||
|
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
BERKSHIRE HATHAWAY INC | |||
Ticker: BRK Fiscal Year: 2017 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2017 10-K (Filed: Feb 26, 2018) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
| Cash flows from operating activities: | |||
| Net earnings | $ 45,353 | 24,427 | 24,414 |
| Adjustments to reconcile net earnings to operating cash flows: | |||
| Investment gains/losses | (1,410) | (7,553) | (9,373) |
| Depreciation and amortization | 9,188 | 8,901 | 7,779 |
| Other | 458 | (161) | 751 |
| Changes in operating assets and liabilities: | |||
| Losses and loss adjustment expenses | 25,027 | 4,372 | 2,262 |
| Deferred charges reinsurance assumed | (7,231) | (360) | 84 |
| Unearned premiums | 1,761 | 968 | 1,392 |
| Receivables and originated loans | (1,990) | (3,302) | (1,650) |
| Derivative contract assets and liabilities | (775) | (946) | (974) |
| Income taxes | (24,957) | 4,044 | 5,718 |
| Other | 352 | 2,145 | 1,088 |
| Net cash flows from operating activities | 45,776 | 32,535 | 31,491 |
| Cash flows from investing activities: | |||
| Purchases of U.S. Treasury Bills and fixed maturity securities | (158,492) | (96,568) | (17,891) |
| Purchases of equity securities | (20,326) | (16,508) | (10,220) |
| Purchase of Kraft Heinz common stock | (5,258) | ||
| Sales of U.S. Treasury Bills and fixed maturity securities | 49,327 | 18,757 | 2,471 |
| Redemptions and maturities of U.S. Treasury Bills and fixed maturity securities | 86,727 | 26,177 | 14,656 |
| Sales and redemptions of equity securities | 19,512 | 28,464 | 8,747 |
| Purchases of loans and finance receivables | (1,435) | (307) | (179) |
| Collections of loans and finance receivables | 1,702 | 490 | 492 |
| Acquisitions of businesses, net of cash acquired | (2,708) | (31,399) | (4,902) |
| Purchases of property, plant and equipment | (11,708) | (12,954) | (16,082) |
| Other | (3,690) | (419) | 165 |
| Net cash flows from investing activities | (41,091) | (84,267) | (28,001) |
| Cash flows from financing activities: | |||
| Changes in short term borrowings, net | 2,079 | 130 | (378) |
| Other | (121) | 112 | (233) |
| Net cash flows from financing activities | (1,398) | 12,791 | 3,803 |
| Effects of foreign currency exchange rate changes | 248 | (172) | (165) |
| Increase (decrease) in cash and cash equivalents | 3,535 | (39,113) | 7,128 |
| Cash and cash equivalents: | |||
| Cash and cash equivalents at beginning of year | 28,048 | 67,161 | |
| Cash and cash equivalents at end of year | 31,583 | 28,048 | 67,161 |
| Products and Services | |||
| Insurance and Other | |||
| Investment gains/losses | (1,202) | (5,128) | (9,363) |
| Proceeds from borrowings | 1,342 | 9,431 | 3,358 |
| Repayments of borrowings | (1,856) | (1,264) | (1,916) |
| Cash and cash equivalents at beginning of year | 25,460 | 56,612 | 56,612 |
| Cash and cash equivalents at end of year | 25,460 | 56,612 | 56,612 |
| Railroad, Utilities and Energy | |||
| Proceeds from borrowings | 3,013 | 3,077 | 5,479 |
| Repayments of borrowings | (3,549) | (2,123) | (1,725) |
| Cash and cash equivalents at beginning of year | 2,910 | 3,437 | 3,437 |
| Cash and cash equivalents at end of year | 2,910 | 3,437 | 3,437 |
| Finance and Financial Products | |||
| Investment gains/losses | (208) | (2,425) | (10) |
| Proceeds from borrowings | 1,303 | 4,741 | 1,045 |
| Repayments of borrowings | (3,609) | (1,313) | (1,827) |
| Cash and cash equivalents at beginning of year | 3,213 | 7,112 | 7,112 |
| Cash and cash equivalents at end of year | 3,213 | 7,112 | 7,112 |
| External Links | |
| BERKSHIRE HATHAWAY INC (BRK) Fiscal Year 2017 | |
| 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 |