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10-Q Filing

BERKSHIRE HATHAWAY INC CIK: 1067983 Q1 2018
Filing Information
Form Type 10-Q
Accession Number 0001193125-18-153460
Period End Date 20180331
Filing Date 20180507
Fiscal Year 2018
Fiscal Period Q1
XBRL Instance brka-20180331.xml
Balance Sheet 47 line items
Line Item Tag Value Unit Period
Investments in fixed maturity securities AvailableForSaleSecuritiesDebtSecurities $21.35B USD Point-in-time
Investments in fixed maturity securities AvailableForSaleSecuritiesDebtSecurities $19.92B USD Point-in-time
Investments in equity securities EquitySecuritiesFvNi $170.54B USD Point-in-time
Investments in equity securities EquitySecuritiesFvNi $172.98B USD Point-in-time
Inventories InventoryNet $16.19B USD Point-in-time
Inventories InventoryNet $16.24B USD Point-in-time
Goodwill Goodwill $81.34B USD Point-in-time
Goodwill Goodwill $79.49B USD Point-in-time
Goodwill Goodwill $81.26B USD Point-in-time
Deferred charges under retroactive reinsurance contracts UnamortizedDeferredChargesOnReinsuranceAssumed $8.05B USD Point-in-time
Deferred charges under retroactive reinsurance contracts UnamortizedDeferredChargesOnReinsuranceAssumed $15.01B USD Point-in-time
Deferred charges under retroactive reinsurance contracts UnamortizedDeferredChargesOnReinsuranceAssumed $13.83B USD Point-in-time
Deferred charges under retroactive reinsurance contracts UnamortizedDeferredChargesOnReinsuranceAssumed $15.28B USD Point-in-time
Total assets Assets $702.65B USD Point-in-time
Total assets Assets $702.10B USD Point-in-time
Income taxes, principally deferred IncomeTaxesPrincipallyDeferred $56.61B USD Point-in-time
Income taxes, principally deferred IncomeTaxesPrincipallyDeferred $55.72B USD Point-in-time
Unpaid losses and loss adjustment expenses LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability $54.74B USD Point-in-time
Unpaid losses and loss adjustment expenses LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability $61.12B USD Point-in-time
Unpaid losses and loss adjustment expenses LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability $62.09B USD Point-in-time
Unpaid losses and loss adjustment expenses LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability $53.38B USD Point-in-time
Unpaid losses and loss adjustment expenses under retroactive reinsurance contracts LiabilityForUnpaidClaimsAndClaimAdjustmentExpenseRetroactiveReinsuranceContracts $42.34B USD Point-in-time
Unpaid losses and loss adjustment expenses under retroactive reinsurance contracts LiabilityForUnpaidClaimsAndClaimAdjustmentExpenseRetroactiveReinsuranceContracts $24.97B USD Point-in-time
Unpaid losses and loss adjustment expenses under retroactive reinsurance contracts LiabilityForUnpaidClaimsAndClaimAdjustmentExpenseRetroactiveReinsuranceContracts $42.94B USD Point-in-time
Unpaid losses and loss adjustment expenses under retroactive reinsurance contracts LiabilityForUnpaidClaimsAndClaimAdjustmentExpenseRetroactiveReinsuranceContracts $40.59B USD Point-in-time
Total liabilities Liabilities $351.60B USD Point-in-time
Total liabilities Liabilities $350.14B USD Point-in-time
Common stock CommonStockValue $8.00M USD Point-in-time
Common stock CommonStockValue $8.00M USD Point-in-time
Capital in excess of par value AdditionalPaidInCapitalCommonStock $35.69B USD Point-in-time
Capital in excess of par value AdditionalPaidInCapitalCommonStock $35.68B USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $-2.48B USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $58.57B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $255.79B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $315.95B USD Point-in-time
Treasury stock, at cost TreasuryStockValue $1.76B USD Point-in-time
Treasury stock, at cost TreasuryStockValue $1.76B USD Point-in-time
Berkshire Hathaway shareholders' equity StockholdersEquity $348.30B USD Point-in-time
Berkshire Hathaway shareholders' equity StockholdersEquity $347.40B USD Point-in-time
Noncontrolling interests MinorityInterest $3.66B USD Point-in-time
Noncontrolling interests MinorityInterest $3.65B USD Point-in-time
Shareholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $295.35B USD Point-in-time
Shareholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $351.05B USD Point-in-time
Shareholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $285.43B USD Point-in-time
Shareholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $351.95B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $702.10B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $702.65B USD Point-in-time
Income Statement 25 line items
Line Item Tag Value Unit Period
Sales and service revenues RevenueFromContractWithCustomerIncludingAssessedTax $41.51B USD 1 Quarter
Total revenues Revenues $64.37B USD 1 Quarter
Total revenues Revenues $58.47B USD 1 Quarter
Investments gains (losses) GainLossOnInvestments $315.00M USD 1 Quarter
Investments gains (losses) GainLossOnInvestments $-7.81B USD 1 Quarter
Derivative contract gains (losses) GainLossOnDerivativeInstrumentsNetPretax $460.00M USD 1 Quarter
Derivative contract gains (losses) GainLossOnDerivativeInstrumentsNetPretax $-206.00M USD 1 Quarter
Investment and derivative gains/losses NonoperatingIncomeExpense $-8.02B USD 1 Quarter
Investment and derivative gains/losses NonoperatingIncomeExpense $775.00M USD 1 Quarter
Total costs and expenses CostsAndExpenses $59.74B USD 1 Quarter
Total costs and expenses CostsAndExpenses $52.38B USD 1 Quarter
Earnings (loss) before income taxes and equity method earnings IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $-1.92B USD 1 Quarter
Earnings (loss) before income taxes and equity method earnings IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $5.41B USD 1 Quarter
Equity method earnings IncomeLossFromEquityMethodInvestments $281.00M USD 1 Quarter
Equity method earnings IncomeLossFromEquityMethodInvestments $401.00M USD 1 Quarter
Earnings (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-1.52B USD 1 Quarter
Earnings (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $5.69B USD 1 Quarter
Income tax expense (benefit) IncomeTaxExpenseBenefit $1.55B USD 1 Quarter
Income tax expense (benefit) IncomeTaxExpenseBenefit $-452.00M USD 1 Quarter
Net earnings (loss) ProfitLoss $4.14B USD 1 Quarter
Net earnings (loss) ProfitLoss $-1.07B USD 1 Quarter
Earnings attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $67.00M USD 1 Quarter
Earnings attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $79.00M USD 1 Quarter
Net earnings (loss) attributable to Berkshire Hathaway shareholders NetIncomeLoss $-1.14B USD 1 Quarter
Net earnings (loss) attributable to Berkshire Hathaway shareholders NetIncomeLoss $4.06B USD 1 Quarter
Cash Flow Statement 72 line items
Line Item Tag Value Unit Period
Net earnings (loss) ProfitLoss $4.14B USD 1 Quarter
Net earnings (loss) ProfitLoss $-1.07B USD 1 Quarter
Investment gains/losses GainLossOnInvestments $315.00M USD 1 Quarter
Investment gains/losses GainLossOnInvestments $-7.81B USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $2.24B USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $2.39B USD 1 Quarter
Other OtherNoncashIncomeExpense $1.00M USD 1 Quarter
Other OtherNoncashIncomeExpense $-120.00M USD 1 Quarter
Losses and loss adjustment expenses IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve $16.90B USD 1 Quarter
Losses and loss adjustment expenses IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve $69.00M USD 1 Quarter
Deferred charges reinsurance assumed IncreaseDecreaseInDeferredChargesReinsuranceAssumed $-271.00M USD 1 Quarter
Deferred charges reinsurance assumed IncreaseDecreaseInDeferredChargesReinsuranceAssumed $5.78B USD 1 Quarter
Unearned premiums IncreaseDecreaseInUnearnedPremiums $2.35B USD 1 Quarter
Unearned premiums IncreaseDecreaseInUnearnedPremiums $1.83B USD 1 Quarter
Receivables and originated loans IncreaseDecreaseInReceivables $2.19B USD 1 Quarter
Receivables and originated loans IncreaseDecreaseInReceivables $1.20B USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $339.00M USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $881.00M USD 1 Quarter
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-753.00M USD 1 Quarter
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-392.00M USD 1 Quarter
Income taxes IncreaseDecreaseInIncomeTaxes $-801.00M USD 1 Quarter
Income taxes IncreaseDecreaseInIncomeTaxes $1.45B USD 1 Quarter
Net cash flows from operating activities NetCashProvidedByUsedInOperatingActivities $7.56B USD 1 Quarter
Net cash flows from operating activities NetCashProvidedByUsedInOperatingActivities $18.30B USD 1 Quarter
Purchases of U.S. Treasury Bills and fixed maturity securities PaymentsToAcquireAvailableForSaleSecuritiesDebt $45.34B USD 1 Quarter
Purchases of U.S. Treasury Bills and fixed maturity securities PaymentsToAcquireAvailableForSaleSecuritiesDebt $13.04B USD 1 Quarter
Purchases of equity securities PaymentsToAcquireAvailableForSaleSecuritiesEquity $10.59B USD 1 Quarter
Purchases of equity securities PaymentsToAcquireAvailableForSaleSecuritiesEquity $14.77B USD 1 Quarter
Sales of U.S. Treasury Bills and fixed maturity securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $10.05B USD 1 Quarter
Sales of U.S. Treasury Bills and fixed maturity securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $13.58B USD 1 Quarter
Redemptions and maturities of U.S. Treasury Bills and fixed maturity securities ProceedsFromRedemptionsAndMaturitiesOfMarketableSecuritiesFixedMaturities $23.99B USD 1 Quarter
Redemptions and maturities of U.S. Treasury Bills and fixed maturity securities ProceedsFromRedemptionsAndMaturitiesOfMarketableSecuritiesFixedMaturities $35.09B USD 1 Quarter
Sales and redemptions of equity securities ProceedsFromSalesAndRedemptionsOfAvailableForSaleSecuritiesEquitySecurities $3.45B USD 1 Quarter
Sales and redemptions of equity securities ProceedsFromSalesAndRedemptionsOfAvailableForSaleSecuritiesEquitySecurities $4.24B USD 1 Quarter
Purchases of loans and finance receivables PaymentsToAcquireLoansReceivable $41.00M USD 1 Quarter
Purchases of loans and finance receivables PaymentsToAcquireLoansReceivable $52.00M USD 1 Quarter
Collections of loans and finance receivables ProceedsFromCollectionOfLoansReceivable $97.00M USD 1 Quarter
Collections of loans and finance receivables ProceedsFromCollectionOfLoansReceivable $100.00M USD 1 Quarter
Acquisitions of businesses, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $112.00M USD 1 Quarter
Acquisitions of businesses, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $1.60B USD 1 Quarter
Purchases of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $2.35B USD 1 Quarter
Purchases of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $2.59B USD 1 Quarter
Other PaymentsForProceedsFromOtherInvestingActivities $181.00M USD 1 Quarter
Other PaymentsForProceedsFromOtherInvestingActivities $153.00M USD 1 Quarter
Net cash flows from investing activities NetCashProvidedByUsedInInvestingActivities $22.31B USD 1 Quarter
Net cash flows from investing activities NetCashProvidedByUsedInInvestingActivities $-22.53B USD 1 Quarter
Changes in short term borrowings, net ProceedsFromRepaymentsOfShortTermDebt $87.00M USD 1 Quarter
Changes in short term borrowings, net ProceedsFromRepaymentsOfShortTermDebt $-1.93B USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities $-102.00M USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities $-23.00M USD 1 Quarter
Net cash flows from financing activities NetCashProvidedByUsedInFinancingActivities $-3.79B USD 1 Quarter
Net cash flows from financing activities NetCashProvidedByUsedInFinancingActivities $2.02B USD 1 Quarter
Effects of foreign currency exchange rate changes EffectOfExchangeRateOnCashAndCashEquivalents $92.00M USD 1 Quarter
Effects of foreign currency exchange rate changes EffectOfExchangeRateOnCashAndCashEquivalents $61.00M USD 1 Quarter
Increase (decrease) in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-2.16B USD 1 Quarter
Increase (decrease) in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $26.16B USD 1 Quarter
Cash and cash equivalents and restricted cash at beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $32.21B USD Point-in-time
Cash and cash equivalents and restricted cash at beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $26.48B USD Point-in-time
Cash and cash equivalents and restricted cash at beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $58.37B USD Point-in-time
Cash and cash equivalents and restricted cash at beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $28.64B USD Point-in-time
Cash and cash equivalents and restricted cash at end of first quarter CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $32.21B USD Point-in-time
Cash and cash equivalents and restricted cash at end of first quarter CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $26.48B USD Point-in-time
Cash and cash equivalents and restricted cash at end of first quarter CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $58.37B USD Point-in-time
Cash and cash equivalents and restricted cash at end of first quarter CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $28.64B USD Point-in-time
Restricted cash, included in other assets at beginning of year RestrictedCashAndCashEquivalents $519.00M USD Point-in-time
Restricted cash, included in other assets at beginning of year RestrictedCashAndCashEquivalents $629.00M USD Point-in-time
Restricted cash, included in other assets at beginning of year RestrictedCashAndCashEquivalents $493.00M USD Point-in-time
Restricted cash, included in other assets at beginning of year RestrictedCashAndCashEquivalents $595.00M USD Point-in-time
Restricted cash, included in other assets at end of first quarter RestrictedCashAndCashEquivalents $519.00M USD Point-in-time
Restricted cash, included in other assets at end of first quarter RestrictedCashAndCashEquivalents $629.00M USD Point-in-time
Restricted cash, included in other assets at end of first quarter RestrictedCashAndCashEquivalents $493.00M USD Point-in-time
Restricted cash, included in other assets at end of first quarter RestrictedCashAndCashEquivalents $595.00M USD Point-in-time
Stockholders Equity 17 line items
Line Item Tag Value Unit Period
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $295.35B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $351.05B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $285.43B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $351.95B USD Point-in-time
Adoption of new accounting pronouncements NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification $-71.00M USD 1 Quarter
Net earnings (loss) ProfitLoss $4.14B USD 1 Quarter
Net earnings (loss) ProfitLoss $-1.07B USD 1 Quarter
Other comprehensive income, net OtherComprehensiveIncomeLossNetOfTax $5.80B USD 1 Quarter
Other comprehensive income, net OtherComprehensiveIncomeLossNetOfTax $335.00M USD 1 Quarter
Issuance of common stock StockIssuedDuringPeriodValueNewIssues $34.00M USD 1 Quarter
Issuance of common stock StockIssuedDuringPeriodValueNewIssues $24.00M USD 1 Quarter
Transactions with noncontrolling interests TransactionsWithNoncontrollingInterests $-48.00M USD 1 Quarter
Transactions with noncontrolling interests TransactionsWithNoncontrollingInterests $-119.00M USD 1 Quarter
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $295.35B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $351.05B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $285.43B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $351.95B USD Point-in-time
Comprehensive Income 28 line items
Line Item Tag Value Unit Period
Net earnings (loss) ProfitLoss $4.14B USD 1 Quarter
Net earnings (loss) ProfitLoss $-1.07B USD 1 Quarter
Net change in unrealized appreciation of investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $8.38B USD 1 Quarter
Net change in unrealized appreciation of investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-45.00M USD 1 Quarter
Applicable income taxes OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $2.87B USD 1 Quarter
Applicable income taxes OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $2.00M USD 1 Quarter
Reclassification of investment appreciation in net earnings OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax $221.00M USD 1 Quarter
Reclassification of investment appreciation in net earnings OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax $305.00M USD 1 Quarter
Applicable income taxes OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax $46.00M USD 1 Quarter
Applicable income taxes OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax $107.00M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax $558.00M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax $601.00M USD 1 Quarter
Applicable income taxes OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax $6.00M USD 1 Quarter
Applicable income taxes OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax $69.00M USD 1 Quarter
Prior service cost and actuarial gains/losses of defined benefit pension plans OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax $10.00M USD 1 Quarter
Prior service cost and actuarial gains/losses of defined benefit pension plans OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax $24.00M USD 1 Quarter
Applicable income taxes OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $7.00M USD 1 Quarter
Applicable income taxes OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $17.00M USD 1 Quarter
Other, net OtherComprehensiveIncomeOtherNetOfTax $3.00M USD 1 Quarter
Other, net OtherComprehensiveIncomeOtherNetOfTax $-31.00M USD 1 Quarter
Other comprehensive income, net OtherComprehensiveIncomeLossNetOfTax $5.80B USD 1 Quarter
Other comprehensive income, net OtherComprehensiveIncomeLossNetOfTax $335.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-736.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $9.94B USD 1 Quarter
Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $103.00M USD 1 Quarter
Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $75.00M USD 1 Quarter
Comprehensive income attributable to Berkshire Hathaway shareholders ComprehensiveIncomeNetOfTax $9.83B USD 1 Quarter
Comprehensive income attributable to Berkshire Hathaway shareholders ComprehensiveIncomeNetOfTax $-811.00M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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