| Schedule of investments in equity securities |
Investments in equity securities are summarized as follows (in millions).
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost Basis |
|
|
Net Unrealized Gains |
|
|
Fair Value |
|
December 31, 2025 |
|
|
|
|
|
|
|
|
|
Banks, insurance and finance |
|
$ |
15,454 |
|
|
$ |
88,675 |
|
|
$ |
104,129 |
|
Consumer products |
|
|
11,899 |
|
|
|
83,055 |
|
|
|
94,954 |
|
Commercial, industrial and other |
|
|
58,036 |
|
|
|
40,659 |
|
|
|
98,695 |
|
|
|
$ |
85,389 |
|
|
$ |
212,389 |
|
|
$ |
297,778 |
|
December 31, 2024 |
|
|
|
|
|
|
|
|
|
Banks, insurance and finance |
|
$ |
15,707 |
|
|
$ |
75,936 |
|
|
$ |
91,643 |
|
Consumer products |
|
|
12,658 |
|
|
|
92,091 |
|
|
|
104,749 |
|
Commercial, industrial and other |
|
|
47,141 |
|
|
|
28,055 |
|
|
|
75,196 |
|
|
|
$ |
75,506 |
|
|
$ |
196,082 |
|
|
$ |
271,588 |
|
|