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Condensed Financial Information | 12 Months Ended
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Dec. 31, 2023
Condensed Financial Information Disclosure [Abstract] |
Condensed Financial Information | BERKSHIRE HATHAWAY INC. (Parent Company) Condensed Financ ial Information (Dollars in millions) Sched ule I Balance Sheets
|  | December 31, |
|  | 2023 |  |  | 2022 |
Assets: |  |  |  |  |  |
Cash and cash equivalents |  | $ | 5,566 |  |  | $ | 2,777 |
Short-term investments in U.S. Treasury Bills |  |  | 16,140 |  |  |  | 17,628 |
Investments in and advances to consolidated subsidiaries |  |  | 546,566 |  |  |  | 463,094 |
Investment in The Kraft Heinz Company |  |  | 13,230 |  |  |  | 12,937 |
Other assets |  |  | 16 |  |  |  | 12 |
|  | $ | 581,518 |  |  | $ | 496,448 |
Liabilities and Shareholders’ Equity: |  |  |  |  |  |
Accounts payable, accrued interest and other liabilities |  | $ | 235 |  |  | $ | 355 |
Income taxes, principally deferred |  |  | 1,229 |  |  |  | 1,276 |
Notes payable and other borrowings |  |  | 18,781 |  |  |  | 21,393 |
|  |  | 20,245 |  |  |  | 23,024 |
Berkshire Hathaway shareholders’ equity |  |  | 561,273 |  |  |  | 473,424 |
|  | $ | 581,518 |  |  | $ | 496,448 |
Statements of Earnings and Comprehensive Income
|  | Year ended December 31, |
|  | 2023 |  |  | 2022 |  |  | 2021 |
Income items: |  |  |  |  |  |  |  |  |
From consolidated subsidiaries: |  |  |  |  |  |  |  |  |
Dividends and distributions |  | $ | 9,717 |  |  | $ | 15,724 |  |  | $ | 13,462 |
Undistributed earnings (losses) |  |  | 85,550 |  |  |  | (39,579 | ) |  |  | 74,961 |
|  |  | 95,267 |  |  |  | (23,855 | ) |  |  | 88,423 |
Investment gains (losses) |  |  | (7 | ) |  |  | (34 | ) |  |  | 35 |
Equity in earnings of The Kraft Heinz Company |  |  | 758 |  |  |  | 628 |  |  |  | 269 |
Other income |  |  | 906 |  |  |  | 413 |  |  |  | 73 |
|  |  | 96,924 |  |  |  | (22,848 | ) |  |  | 88,800 |
Cost and expense items: |  |  |  |  |  |  |  |  |
General and administrative |  |  | 244 |  |  |  | 131 |  |  |  | 136 |
Interest expense |  |  | 636 |  |  |  | 513 |  |  |  | 444 |
Foreign exchange gains on non-U.S. Dollar denominated debt |  |  | (371 | ) |  |  | (1,401 | ) |  |  | (1,281 | )
Income tax expense (benefit) |  |  | 192 |  |  |  | 668 |  |  |  | (436 | )
|  |  | 701 |  |  |  | (89 | ) |  |  | (1,137 | )
Net earnings (loss) attributable to Berkshire Hathaway shareholders |  |  | 96,223 |  |  |  | (22,759 | ) |  |  | 89,937 |
Other comprehensive income attributable to Berkshire Hathaway shareholders |  |  | 1,289 |  |  |  | 3,071 |  |  |  | 1,871 |
Comprehensive income attributable to Berkshire Hathaway shareholders |  | $ | 97,512 |  |  | $ | (19,688 | ) |  | $ | 91,808 |
See Note to Condensed Financial Information BERKSHIRE HATHAWAY INC. (Parent Company) Condensed Financial Information (Dollars in millions) Schedule I (continued) Statements of Cash Flows
|  | Year ended December 31, |
|  | 2023 |  |  | 2022 |  |  | 2021 |
Cash flows from operating activities: |  |  |  |  |  |  |  |  |
Net earnings (loss) attributable to Berkshire Hathaway shareholders |  | $ | 96,223 |  |  | $ | (22,759 | ) |  | $ | 89,937 |
Adjustments to reconcile net earnings (loss) to operating cash flows: |  |  |  |  |  |  |  |  |
Investment (gains) losses |  |  | 7 |  |  |  | 34 |  |  |  | (35 | )
Undistributed (earnings) losses of consolidated subsidiaries |  |  | (85,550 | ) |  |  | 39,579 |  |  |  | (74,961 | )
Non-cash dividends from subsidiaries |  |  | (1,811 | ) |  |  | (7,220 | ) |  |  | (2,126 | )
Income taxes payable |  |  | (44 | ) |  |  | 661 |  |  |  | (389 | )
Other |  |  | (1,214 | ) |  |  | (1,833 | ) |  |  | (1,038 | )
Net cash flows from operating activities |  |  | 7,611 |  |  |  | 8,462 |  |  |  | 11,388 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Investments in and advances to consolidated subsidiaries, net |  |  | 2,649 |  |  |  | (11,852 | ) |  |  | (174 | )
Purchases of U.S. Treasury Bills |  |  | (27,278 | ) |  |  | (44,187 | ) |  |  | (34,988 | )
Sales and maturities of U.S. Treasury Bills |  |  | 31,234 |  |  |  | 37,915 |  |  |  | 57,296 |
Other |  |  | — |  |  |  | 128 |  |  |  | — |
Net cash flows from investing activities |  |  | 6,605 |  |  |  | (17,996 | ) |  |  | 22,134 |
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Proceeds from borrowings |  |  | 2,054 |  |  |  | 1,970 |  |  |  | 2,174 |
Repayments of borrowings |  |  | (4,310 | ) |  |  | (602 | ) |  |  | (2,167 | )
Acquisition of treasury stock |  |  | (9,171 | ) |  |  | (7,854 | ) |  |  | (27,061 | )
Net cash flows from financing activities |  |  | (11,427 | ) |  |  | (6,486 | ) |  |  | (27,054 | )
Increase (decrease) in cash and cash equivalents |  |  | 2,789 |  |  |  | (16,020 | ) |  |  | 6,468 |
Cash and cash equivalents at the beginning of the year |  |  | 2,777 |  |  |  | 18,797 |  |  |  | 12,329 |
Cash and cash equivalents at the end of the year |  | $ | 5,566 |  |  | $ | 2,777 |  |  | $ | 18,797 |
Other cash flow information: |  |  |  |  |  |  |  |  |
Income taxes paid |  | $ | 5,630 |  |  | $ | 2,259 |  |  | $ | 3,403 |
Interest paid |  |  | 297 |  |  |  | 332 |  |  |  | 377 |
Note to Condensed Financial Information Certain 2022 and 2021 amounts were revised for the adoption of Accounting Standards Update 2018-12 “Targeted Improvements to the Accounting for Long-Duration Contracts.” See Note 1(w) to the Consolidated Financial Statements. As of December 31, 2023, Berkshire owned 26.7% of the outstanding shares of The Kraft Heinz Company (“Kraft Heinz”) common stock, which is accounted for pursuant to the equity method. See Note 5 to the Consolidated Financial Statements. On October 19, 2022, Berkshire acquired all of the outstanding common stock of Alleghany Corporation for $11.5 billion. See Note 2 to the Consolidated Financial Statements. During 2023, the Parent Company repaid approximately $4.3 billion of maturing senior notes and issued ¥286.4 billion (approximately $2.05 billion) of senior notes with a weighted average interest rate of 1.15% and maturities ranging from 2026 to 2058. As of December 31, 2023, the Parent Company’s non-U.S. Dollar denominated borrowings included €5.6 billion and ¥1,259 billion par value senior notes. The gains and losses from the periodic remeasurement of these non-U.S. Dollar denominated notes due to changes in foreign currency exchange rates are included in earnings. Parent Company debt maturities over the next five years are as follows: 2024—$1.9 billion; 2025—$2.0 billion; 2026—$4.4 billion; 2027—$2.0 billion and 2028—$1.4 billion. The Parent Company guarantees certain debt of subsidiaries, which aggregated approximately $20.9 billion at December 31, 2023 and primarily consisted of debt issued by Berkshire Hathaway Finance Corporation. Such guarantees are an absolute, unconditional and irrevocable guarantee for the full and prompt payment when due of all present and future payment obligations. The Parent Company has also provided guarantees in connection with certain retroactive reinsurance contracts issued by subsidiaries. The amounts of subsidiary payments under these contracts, if any, are contingent upon the outcome of future events.

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- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-3 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 205 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 6 -Subparagraph (SX 210.5-04(Schedule I)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480922/205-10-S99-6 Reference 3: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Topic 810 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481231/810-10-45-11 + Details
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