Berkshire Hathaway 2010 Annual Report Download - page 32

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BERKSHIRE HATHAWAY INC.
and Subsidiaries
CONSOLIDATED BALANCE SHEETS
(dollars in millions)
December 31,
2010 2009
ASSETS
Insurance and Other:
Cash and cash equivalents ............................................................................ $ 34,767 $ 28,223
Investments:
Fixed maturity securities ......................................................................... 33,803 35,729
Equity securities ................................................................................ 59,819 56,562
Other ......................................................................................... 19,333 29,440
Receivables ........................................................................................ 20,917 14,792
Inventories ........................................................................................ 7,101 6,147
Property, plant and equipment ......................................................................... 15,741 15,720
Goodwill .......................................................................................... 27,891 27,614
Other ............................................................................................. 13,529 13,070
232,901 227,297
Railroad, Utilities and Energy:
Cash and cash equivalents ............................................................................ 2,557 429
Property, plant and equipment ......................................................................... 77,385 30,936
Goodwill .......................................................................................... 20,084 5,334
Other ............................................................................................. 13,579 8,072
113,605 44,771
Finance and Financial Products:
Cash and cash equivalents ............................................................................ 903 1,906
Investments in fixed maturity securities .................................................................. 1,080 1,402
Other investments ................................................................................... 3,676 3,160
Loans and finance receivables ......................................................................... 15,226 13,989
Goodwill .......................................................................................... 1,031 1,024
Other ............................................................................................. 3,807 3,570
25,723 25,051
$372,229 $297,119
LIABILITIES AND SHAREHOLDERS’ EQUITY
Insurance and Other:
Losses and loss adjustment expenses .................................................................... $ 60,075 $ 59,416
Unearned premiums ................................................................................. 7,997 7,925
Life, annuity and health insurance benefits ............................................................... 8,565 5,228
Accounts payable, accruals and other liabilities ........................................................... 15,826 15,530
Notes payable and other borrowings .................................................................... 12,471 4,561
104,934 92,660
Railroad, Utilities and Energy:
Accounts payable, accruals and other liabilities ........................................................... 12,367 5,895
Notes payable and other borrowings .................................................................... 31,626 19,579
43,993 25,474
Finance and Financial Products:
Accounts payable, accruals and other liabilities ........................................................... 1,168 937
Derivative contract liabilities .......................................................................... 8,371 9,269
Notes payable and other borrowings .................................................................... 14,477 13,769
24,016 23,975
Income taxes, principally deferred .......................................................................... 36,352 19,225
Total liabilities ............................................................................. 209,295 161,334
Shareholders’ equity:
Common stock ..................................................................................... 8 8
Capital in excess of par value .......................................................................... 37,533 27,074
Accumulated other comprehensive income ............................................................... 20,583 17,793
Retained earnings ................................................................................... 99,194 86,227
Berkshire Hathaway shareholders’ equity ........................................................ 157,318 131,102
Noncontrolling interests .............................................................................. 5,616 4,683
Total shareholders’ equity .................................................................... 162,934 135,785
$372,229 $297,119
See accompanying Notes to Consolidated Financial Statements
30