Notes payable and other borrowings (Tables)
|
12 Months Ended |
Dec. 31, 2025 |
|---|
| Schedule of short and long term outstanding debt disclosure |
Notes payable and other borrowings of our insurance and other businesses are summarized below (dollars in millions). The weighted average interest rates and maturity date ranges are based on borrowings as of December 31, 2025.
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Weighted
Average |
|
|
December 31, |
|
|
|
Interest Rate |
|
|
2025 |
|
|
2024 |
|
Insurance and other: |
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|
Berkshire Hathaway Inc. (“Berkshire”): |
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U.S. Dollar denominated due 2026-2047 |
|
|
3.5 |
% |
|
$ |
3,547 |
|
|
$ |
3,749 |
|
Euro denominated due 2027-2041 |
|
|
1.4 |
% |
|
|
4,201 |
|
|
|
4,733 |
|
Japanese Yen denominated due 2026-2060 |
|
|
1.2 |
% |
|
|
14,914 |
|
|
|
12,609 |
|
Berkshire Hathaway Finance Corporation (“BHFC”): |
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|
|
|
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U.S. Dollar denominated due 2027-2052 |
|
|
3.6 |
% |
|
|
14,475 |
|
|
|
14,469 |
|
Great Britain Pound denominated due 2039-2059 |
|
|
2.5 |
% |
|
|
2,323 |
|
|
|
2,156 |
|
Euro denominated due 2030-2034 |
|
|
1.8 |
% |
|
|
1,464 |
|
|
|
1,290 |
|
Other subsidiary borrowings due 2026-2051 |
|
|
5.1 |
% |
|
|
3,518 |
|
|
|
4,564 |
|
Short-term subsidiary borrowings |
|
|
5.6 |
% |
|
|
1,321 |
|
|
|
1,315 |
|
|
|
|
|
|
$ |
45,763 |
|
|
$ |
44,885 |
|
|
| Debt principal payments disclosure |
Debt principal repayments expected during each of the next five years are as follows (in millions). Amounts in 2026 include short-term borrowings.
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2026 |
|
|
2027 |
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|
2028 |
|
|
2029 |
|
|
2030 |
|
Insurance and other |
|
$ |
5,759 |
|
|
$ |
4,972 |
|
|
$ |
3,424 |
|
|
$ |
2,603 |
|
|
$ |
3,222 |
|
Railroad, utilities and energy |
|
|
4,023 |
|
|
|
1,659 |
|
|
|
1,769 |
|
|
|
3,733 |
|
|
|
2,571 |
|
|
|
$ |
9,782 |
|
|
$ |
6,631 |
|
|
$ |
5,193 |
|
|
$ |
6,336 |
|
|
$ |
5,793 |
|
|
| Railroad, Utilities and Energy [Member] |
|
| Schedule of short and long term outstanding debt disclosure |
Notes payable and other borrowings of our railroad, utilities and energy businesses are summarized below (dollars in millions). The weighted average interest rates and maturity date ranges are based on borrowings as of December 31, 2025.
|
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|
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|
Weighted
Average |
|
|
December 31, |
|
|
Interest Rate |
|
|
2025 |
|
2024 |
|
Railroad, utilities and energy: |
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Berkshire Hathaway Energy Company (“BHE”) and subsidiaries: |
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|
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|
BHE senior unsecured debt due 2028-2053 |
|
4.4 |
% |
|
$ |
11,461 |
|
$ |
13,107 |
|
Subsidiary and other debt due 2026-2064 |
|
4.8 |
% |
|
|
45,798 |
|
|
42,150 |
|
Short-term borrowings |
|
4.9 |
% |
|
|
1,997 |
|
|
1,123 |
|
Burlington Northern Santa Fe (“BNSF”) and subsidiaries due 2026-2097 |
|
4.8 |
% |
|
|
24,062 |
|
|
23,497 |
|
|
|
|
|
$ |
83,318 |
|
$ |
79,877 |
|
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