XML 42 R34.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Business segment data | 6 Months Ended
--- | ---
Jun. 30, 2024
Segment Reporting [Abstract] |
Business segment data | Note 25. Business segment data Our operating businesses include a large and diverse group of insurance, freight rail transportation, utilities and energy, manufacturing, service and retailing businesses. We organize our reportable business segments in a manner that reflects how management views those business activities. Certain businesses are grouped together for segment reporting based upon similar products or product lines and marketing, selling and distribution characteristics, even though those business units are operated under separate local management. We acquired control of Pilot on January 31, 2023. In this presentation, revenues and pre-tax earnings of the Pilot segment in 2023 are for the five months ending June 30. Prior to January 31, 2023, our earnings from Pilot were determined under the equity method and were included in earnings from non-controlled businesses. Revenues and earnings before income taxes by segment for the second quarter and first six months of 2024 and 2023 were as follows (in millions).
| Second Quarter |  |  | First Six Months |
| 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Revenues of Operating Businesses |  |  |  |  |  |  |  |  |  |  |
Insurance: |  |  |  |  |  |  |  |  |  |  |
Underwriting: |  |  |  |  |  |  |  |  |  |  |
GEICO | $ | 10,469 |  |  | $ | 9,714 |  |  | $ | 20,703 |  |  | $ | 19,340 |
Berkshire Hathaway Primary Group |  | 4,656 |  |  |  | 4,233 |  |  |  | 9,197 |  |  |  | 8,194 |
Berkshire Hathaway Reinsurance Group |  | 6,828 |  |  |  | 6,614 |  |  |  | 13,527 |  |  |  | 12,823 |
Investment income |  | 4,077 |  |  |  | 2,918 |  |  |  | 7,241 |  |  |  | 5,310 |
Total insurance |  | 26,030 |  |  |  | 23,479 |  |  |  | 50,668 |  |  |  | 45,667 |
BNSF |  | 5,805 |  |  |  | 5,828 |  |  |  | 11,465 |  |  |  | 11,847 |
BHE |  | 6,492 |  |  |  | 6,362 |  |  |  | 12,769 |  |  |  | 12,813 |
Pilot |  | 12,999 |  |  |  | 14,754 |  |  |  | 25,502 |  |  |  | 24,262 |
Manufacturing |  | 19,840 |  |  |  | 19,102 |  |  |  | 38,369 |  |  |  | 37,391 |
McLane |  | 12,458 |  |  |  | 12,883 |  |  |  | 24,933 |  |  |  | 25,942 |
Service and retailing |  | 9,947 |  |  |  | 10,141 |  |  |  | 19,650 |  |  |  | 20,072 |
|  | 93,571 |  |  |  | 92,549 |  |  |  | 183,356 |  |  |  | 177,994 |
Reconciliation to consolidated amount |  |  |  |  |  |  |  |  |  |  |
Corporate, eliminations and other |  | 82 |  |  |  | (46 | ) |  |  | 166 |  |  |  | (98 | )
| $ | 93,653 |  |  | $ | 92,503 |  |  | $ | 183,522 |  |  | $ | 177,896 |
| Second Quarter |  |  | First Six Months |
| 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Earnings Before Income Taxes of Operating Businesses |  |  |  |  |  |  |  |  |  |  |
Insurance: |  |  |  |  |  |  |  |  |  |  |
Underwriting: |  |  |  |  |  |  |  |  |  |  |
GEICO | $ | 1,786 |  |  | $ | 514 |  |  | $ | 3,714 |  |  | $ | 1,217 |
Berkshire Hathaway Primary Group |  | 279 |  |  |  | 272 |  |  |  | 765 |  |  |  | 540 |
Berkshire Hathaway Reinsurance Group |  | 782 |  |  |  | 827 |  |  |  | 1,694 |  |  |  | 1,058 |
Investment income |  | 4,068 |  |  |  | 2,912 |  |  |  | 7,220 |  |  |  | 5,297 |
Total insurance |  | 6,915 |  |  |  | 4,525 |  |  |  | 13,393 |  |  |  | 8,112 |
BNSF |  | 1,622 |  |  |  | 1,615 |  |  |  | 3,141 |  |  |  | 3,264 |
BHE |  | 326 |  |  |  | 624 |  |  |  | 758 |  |  |  | 847 |
Pilot |  | 199 |  |  |  | 186 |  |  |  | 269 |  |  |  | 322 |
Manufacturing |  | 3,129 |  |  |  | 3,103 |  |  |  | 6,043 |  |  |  | 5,714 |
McLane |  | 142 |  |  |  | 129 |  |  |  | 307 |  |  |  | 242 |
Service and retailing |  | 969 |  |  |  | 1,262 |  |  |  | 1,877 |  |  |  | 2,483 |
|  | 13,302 |  |  |  | 11,444 |  |  |  | 25,788 |  |  |  | 20,984 |
Reconciliation to consolidated amount |  |  |  |  |  |  |  |  |  |  |
Investment gains (losses) |  | 23,857 |  |  |  | 33,061 |  |  |  | 25,733 |  |  |  | 67,819 |
Interest expense, not allocated to segments |  | (119 | ) |  |  | (103 | ) |  |  | (215 | ) |  |  | (217 | )
Non-controlled businesses |  | 252 |  |  |  | 511 |  |  |  | 745 |  |  |  | 1,199 |
Corporate, eliminations and other |  | 845 |  |  |  | 522 |  |  |  | 1,792 |  |  |  | 402 |
| $ | 38,137 |  |  | $ | 45,435 |  |  | $ | 53,843 |  |  | $ | 90,187 |

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 48 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-48 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 270 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (i) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482964/270-10-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (ee) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 5: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 6: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 54 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-54 Reference 7: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 47 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-47 Reference 8: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 54 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-54 Reference 9: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 47 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-47 Reference 10: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 54 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-54 Reference 11: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 47 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-47 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-31 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-34 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26C -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-26C Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26B -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-26B Reference 17: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-15 Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-42 Reference 19: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-40 Reference 20: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/280/tableOfContent Reference 21: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-26 Reference 22: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 Reference 23: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-21 Reference 24: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-21 Reference 25: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration