v3.25.2
Consolidated Statements of Earnings - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Leasing revenues $ 2,509 $ 2,308 $ 4,940 $ 4,530
Total revenues 92,515 93,653 182,240 183,522
Investment gains (losses) 6,364 23,857 (71) 25,733
Costs and expenses:        
Interest expense 1,253 1,230 2,510 2,546
Total costs and expenses 79,384 79,625 157,652 156,157
Earnings before income taxes and equity method earnings 19,495 37,885 24,517 53,098
Equity method earnings (losses) (4,745) 252 (4,619) 745
Earnings before income taxes 14,750 38,137 19,898 53,843
Income tax expense 2,293 7,639 2,769 10,513
Net earnings 12,457 30,498 17,129 43,330
Earnings attributable to noncontrolling interests 87 150 156 280
Net earnings attributable to Berkshire shareholders $ 12,370 $ 30,348 $ 16,973 $ 43,050
Equivalent Class A [Member]        
Earnings per share:        
Net earnings per average equivalent $ 8,601 $ 21,122 $ 11,801 $ 29,936
Average equivalent shares outstanding 1,438,223 1,436,790 1,438,223 1,438,080
Equivalent Class B [Member]        
Earnings per share:        
Net earnings per average equivalent [1] $ 5.73 $ 14.08 $ 7.87 $ 19.96
Average equivalent shares outstanding 2,157,335,139 2,155,185,283 2,157,335,139 2,157,120,209
Insurance and Other [Member]        
Revenues:        
Insurance premiums earned $ 22,195 $ 21,953 $ 43,999 $ 43,427
Sales and service revenues 49,658 51,841 97,473 101,774
Leasing revenues 2,509 2,308 4,940 4,530
Interest, dividend and other investment income 6,002 5,284 11,634 9,622
Total revenues 80,364 81,386 158,046 159,353
Costs and expenses:        
Insurance losses and loss adjustment expenses 14,073 14,107 28,719 27,555
Life, annuity and health benefits 1,132 954 2,200 1,899
Insurance underwriting expenses 4,456 4,046 8,824 7,799
Cost of sales and services 39,616 42,082 78,167 82,874
Cost of leasing 1,887 1,739 3,774 3,430
Selling, general and administrative expenses 7,931 6,033 15,612 11,574
Interest expense 318 336 658 742
Total costs and expenses 69,413 69,297 137,954 135,873
Railroad, Utilities and Energy [Member]        
Revenues:        
Freight rail transportation revenues 5,718 5,720 11,389 11,357
Utility and energy operating revenues 5,118 5,103 10,612 10,336
Service revenues and other income 1,315 1,444 2,193 2,476
Total revenues 12,151 12,267 24,194 24,169
Costs and expenses:        
Freight rail transportation expenses 3,729 3,912 7,602 7,850
Utility and energy cost of sales and other expenses 4,156 4,290 8,247 8,393
Other expenses 1,151 1,232 1,997 2,237
Interest expense 935 894 1,852 1,804
Total costs and expenses $ 9,971 $ 10,328 $ 19,698 $ 20,284
[1] Net earnings per average equivalent Class B share outstanding are equal to one-fifteen-hundredth of the equivalent Class A amount. See Note 18.