Berkshire Hathaway 2013 Annual Report Download - page 30

BERKSHIRE HATHAWAY INC.
and Subsidiaries
CONSOLIDATED BALANCE SHEETS
(dollars in millions)
December 31,
2013 2012
ASSETS
Insurance and Other:
Cash and cash equivalents ................................................................................... $ 42,614 $ 42,358
Investments:
Fixed maturity securities ................................................................................. 28,785 36,708
Equity securities ....................................................................................... 115,464 87,081
Other ................................................................................................ 12,334 10,184
Investments in H.J. Heinz Holding Corporation ................................................................... 12,111 —
Receivables ............................................................................................... 20,497 21,753
Inventories ................................................................................................ 9,945 9,675
Property, plant and equipment ................................................................................ 19,732 19,188
Goodwill ................................................................................................. 33,372 33,274
Other .................................................................................................... 19,244 17,875
314,098 278,096
Railroad, Utilities and Energy:
Cash and cash equivalents ................................................................................... 3,400 2,570
Property, plant and equipment ................................................................................ 102,482 87,684
Goodwill ................................................................................................. 22,603 20,213
Other .................................................................................................... 16,149 13,441
144,634 123,908
Finance and Financial Products:
Cash and cash equivalents ................................................................................... 2,172 2,064
Investments in equity and fixed maturity securities ................................................................ 1,506 1,432
Other investments .......................................................................................... 5,617 4,882
Loans and finance receivables ................................................................................ 12,826 12,809
Goodwill ................................................................................................. 1,036 1,036
Other .................................................................................................... 3,042 3,225
26,199 25,448
$484,931 $427,452
LIABILITIES AND SHAREHOLDERS’ EQUITY
Insurance and Other:
Losses and loss adjustment expenses ........................................................................... $ 64,866 $ 64,160
Unearned premiums ........................................................................................ 10,770 10,237
Life, annuity and health insurance benefits ...................................................................... 11,681 10,943
Accounts payable, accruals and other liabilities ................................................................... 22,254 21,149
Notes payable and other borrowings ............................................................................ 12,902 13,535
122,473 120,024
Railroad, Utilities and Energy:
Accounts payable, accruals and other liabilities ................................................................... 14,557 13,113
Notes payable and other borrowings ............................................................................ 46,655 36,156
61,212 49,269
Finance and Financial Products:
Accounts payable, accruals and other liabilities ................................................................... 1,024 1,099
Derivative contract liabilities ................................................................................. 5,331 7,933
Notes payable and other borrowings ............................................................................ 12,667 13,045
19,022 22,077
Income taxes, principally deferred ................................................................................. 57,739 44,494
Total liabilities .................................................................................... 260,446 235,864
Shareholders’ equity:
Common stock ............................................................................................ 8 8
Capital in excess of par value ................................................................................. 35,472 37,230
Accumulated other comprehensive income ...................................................................... 44,025 27,500
Retained earnings .......................................................................................... 143,748 124,272
Treasury stock, at cost ....................................................................................... (1,363) (1,363)
Berkshire Hathaway shareholders’ equity ............................................................... 221,890 187,647
Noncontrolling interests ..................................................................................... 2,595 3,941
Total shareholders’ equity ............................................................................ 224,485 191,588
$484,931 $427,452
See accompanying Notes to Consolidated Financial Statements
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