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: 2021 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2021 10-K (Filed: Feb 28, 2022) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
| Cash flows from operating activities: | |||
| Net earnings | $ 90,807 | 43,253 | 81,792 |
| Adjustments to reconcile net earnings to operating cash flows: | |||
| Investment (gains) losses | (77,576) | (40,905) | (71,123) |
| Depreciation and amortization | 10,718 | 10,596 | 10,064 |
| Other, including asset impairment charges | (3,397) | 11,263 | (1,254) |
| Changes in operating assets and liabilities: | |||
| Unpaid losses and loss adjustment expenses | 4,595 | 4,819 | 6,087 |
| Deferred charges - retroactive reinsurance | 1,802 | 1,307 | 357 |
| Unearned premiums | 2,306 | 1,587 | 1,707 |
| Receivables and originated loans | (5,834) | (1,609) | (2,303) |
| Other assets | (1,686) | (1,109) | (2,011) |
| Other liabilities | 2,389 | 3,376 | 190 |
| Income taxes | 15,297 | 7,195 | 15,181 |
| Net cash flows from operating activities | 39,421 | 39,773 | 38,687 |
| Cash flows from investing activities: | |||
| Purchases of equity securities | (8,448) | (30,161) | (18,642) |
| Sales of equity securities | 15,849 | 38,756 | 14,336 |
| Purchases of U.S. Treasury Bills and fixed maturity securities | (152,637) | (208,429) | (136,123) |
| Sales of U.S. Treasury Bills and fixed maturity securities | 27,188 | 31,873 | 15,929 |
| Redemptions and maturities of U.S. Treasury Bills and fixed maturity securities | 160,402 | 149,709 | 137,767 |
| Purchases of loans and finance receivables | (88) | (772) | (75) |
| Collections of loans and finance receivables | 561 | 393 | 345 |
| Acquisitions of businesses, net of cash acquired | (456) | (2,532) | (1,683) |
| Purchases of property, plant and equipment and equipment held for lease | (13,276) | (13,012) | (15,979) |
| Other | 297 | (3,582) | (1,496) |
| Net cash flows from investing activities | 29,392 | (37,757) | (5,621) |
| Cash flows from financing activities: | |||
| Changes in short term borrowings, net | (624) | (1,118) | 266 |
| Acquisition of treasury stock | (27,061) | (24,706) | (4,850) |
| Other | (695) | (429) | (497) |
| Net cash flows from financing activities | (28,508) | (18,344) | 730 |
| Effects of foreign currency exchange rate changes | 5 | 92 | 25 |
| Increase (decrease) in cash and cash equivalents and restricted cash | 40,310 | (16,236) | 33,821 |
| Cash and cash equivalents and restricted cash at beginning of year | 48,396 | 64,632 | |
| Cash and cash equivalents and restricted cash at end of year | 88,706 | 48,396 | 64,632 |
| Restricted cash, included in other assets at end of year | 522 | 406 | 457 |
| Restricted Cash and Cash Equivalents, Statement of Financial Position [Extensible Enumeration] | http://fasb.org/us-gaap/2021-01-31#OtherAssets | http://fasb.org/us-gaap/2021-01-31#OtherAssets | http://fasb.org/us-gaap/2021-01-31#OtherAssets |
| Product and Service | |||
| Insurance and Other | |||
| Proceeds from borrowings | 2,961 | 5,925 | 8,144 |
| Repayments of borrowings | (3,032) | (2,700) | (5,095) |
| Cash and cash equivalents at end of year | 85,319 | 44,714 | 61,151 |
| Railroad, Utilities and Energy | |||
| Proceeds from borrowings | 3,959 | 8,445 | 5,400 |
| Repayments of borrowings | (4,016) | (3,761) | (2,638) |
| Cash and cash equivalents at end of year | 2,865 [1] | 3,276 | 3,024 |
| [1] 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. | |||
| External Links | |
| BERKSHIRE HATHAWAY INC (BRK) Fiscal Year 2021 | |
| 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 |