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: 2022 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2022 10-K (Filed: Feb 27, 2023) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
| Cash flows from operating activities: | |||
| Net earnings (loss) | $ (22,058) | 90,807 | 43,253 |
| Adjustments to reconcile net earnings (loss) to operating cash flows: | |||
| Investment (gains) losses | 67,623 | (77,576) | (40,905) |
| Depreciation and amortization | 10,899 | 10,718 | 10,596 |
| Other | (4,324) | (3,397) | 11,263 |
| Changes in operating assets and liabilities: | |||
| Unpaid losses and loss adjustment expenses | 4,057 | 4,194 | 4,476 |
| Deferred charges - retroactive reinsurance | 769 | 1,802 | 1,307 |
| Unearned premiums | 1,861 | 2,306 | 1,587 |
| Receivables and originated loans | (5,592) | (5,834) | (1,609) |
| Inventories | (4,779) | (1,862) | 681 |
| Other assets | (373) | 176 | (1,790) |
| Other liabilities | 2,033 | 2,790 | 3,719 |
| Income taxes | (12,892) | 15,297 | 7,195 |
| Net cash flows from operating activities | 37,224 | 39,421 | 39,773 |
| Cash flows from investing activities: | |||
| Purchases of equity securities | (67,930) | (8,448) | (30,161) |
| Sales of equity securities | 33,664 | 15,849 | 38,756 |
| Purchases of U.S. Treasury Bills and fixed maturity securities | (183,922) | (152,637) | (208,429) |
| Sales of U.S. Treasury Bills and fixed maturity securities | 90,088 | 27,188 | 31,873 |
| Redemptions and maturities of U.S. Treasury Bills and fixed maturity securities | 66,318 | 160,402 | 149,709 |
| Acquisitions of businesses, net of cash acquired | (10,594) | (456) | (2,532) |
| Purchases of property, plant and equipment and equipment held for lease | (15,464) | (13,276) | (13,012) |
| Other | 239 | 770 | (3,961) |
| Net cash flows from investing activities | (87,601) | 29,392 | (37,757) |
| Cash flows from financing activities: | |||
| Changes in short term borrowings, net | (596) | (624) | (1,118) |
| Acquisition of treasury stock | (7,854) | (27,061) | (24,706) |
| Other, principally transactions with noncontrolling interests | (1,979) | (695) | (429) |
| Net cash flows from financing activities | (1,662) | (28,508) | (18,344) |
| Effects of foreign currency exchange rate changes | (268) | 5 | 92 |
| Increase (decrease) in cash and cash equivalents and restricted cash | (52,307) | 40,310 | (16,236) |
| Cash and cash equivalents and restricted cash at beginning of year | 88,706 | 48,396 | |
| Cash and cash equivalents and restricted cash at end of year | 36,399 | 88,706 | 48,396 |
| Restricted cash, included in other assets at end of year | 588 | 522 | 406 |
| Restricted Cash and Cash Equivalents, Statement of Financial Position [Extensible Enumeration] | http://fasb.org/us-gaap/2022#OtherAssets | http://fasb.org/us-gaap/2022#OtherAssets | http://fasb.org/us-gaap/2022#OtherAssets |
| Product and Service | |||
| Insurance and Other | |||
| Proceeds from borrowings | 7,822 | 2,961 | 5,925 |
| Repayments of borrowings | (1,502) | (3,032) | (2,700) |
| Cash and cash equivalents at end of year | 32,260 | 85,319 | 44,714 |
| Railroad, Utilities and Energy | |||
| Proceeds from borrowings | 4,873 | 3,959 | 8,445 |
| Repayments of borrowings | (2,426) | (4,016) | (3,761) |
| Cash and cash equivalents at end of year | 3,551 [1] | 2,865 | 3,276 |
| [1] Includes U.S. Treasury Bills with maturities of three months or less when purchased of $2.6 billion at December 31, 2022 and $61.7 billion at December 31, 2021. | |||
| External Links | |
| BERKSHIRE HATHAWAY INC (BRK) Fiscal Year 2022 | |
| 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 |