Berkshire Hathaway 2014 Annual Report Download - page 50

BERKSHIRE HATHAWAY INC.
and Subsidiaries
CONSOLIDATED BALANCE SHEETS
(dollars in millions)
December 31,
2014 2013
ASSETS
Insurance and Other:
Cash and cash equivalents ................................................................................... $ 57,974 $ 42,433
Investments:
Fixed maturity securities ................................................................................. 27,397 28,785
Equity securities ....................................................................................... 115,529 115,464
Other ................................................................................................ 16,346 12,334
Investments in H.J. Heinz Holding Corporation ................................................................... 11,660 12,111
Receivables ............................................................................................... 21,852 20,280
Inventories ................................................................................................ 10,236 9,860
Property, plant and equipment ................................................................................ 14,153 13,623
Goodwill ................................................................................................. 34,959 33,067
Other .................................................................................................... 23,763 19,113
333,869 307,070
Railroad, Utilities and Energy:
Cash and cash equivalents ................................................................................... 3,001 3,400
Property, plant and equipment ................................................................................ 115,054 102,482
Goodwill ................................................................................................. 24,418 22,603
Other .................................................................................................... 16,343 16,149
158,816 144,634
Finance and Financial Products:
Cash and cash equivalents ................................................................................... 2,294 2,353
Investments in equity and fixed maturity securities ................................................................ 1,299 1,506
Other investments .......................................................................................... 5,978 5,617
Loans and finance receivables ................................................................................ 12,566 12,826
Property, plant and equipment and assets held for lease ............................................................. 8,037 7,700
Goodwill ................................................................................................. 1,337 1,341
Other .................................................................................................... 1,990 1,884
33,501 33,227
$526,186 $484,931
LIABILITIES AND SHAREHOLDERS’ EQUITY
Insurance and Other:
Losses and loss adjustment expenses ........................................................................... $ 71,477 $ 64,866
Unearned premiums ........................................................................................ 11,944 10,770
Life, annuity and health insurance benefits ...................................................................... 13,261 11,681
Accounts payable, accruals and other liabilities ................................................................... 23,307 21,979
Notes payable and other borrowings ............................................................................ 11,894 12,440
131,883 121,736
Railroad, Utilities and Energy:
Accounts payable, accruals and other liabilities ................................................................... 15,595 14,557
Notes payable and other borrowings ............................................................................ 55,579 46,655
71,174 61,212
Finance and Financial Products:
Accounts payable, accruals and other liabilities ................................................................... 1,321 1,299
Derivative contract liabilities ................................................................................. 4,810 5,331
Notes payable and other borrowings ............................................................................ 12,736 13,129
18,867 19,759
Income taxes, principally deferred ................................................................................. 61,235 57,739
Total liabilities .................................................................................... 283,159 260,446
Shareholders’ equity:
Common stock ............................................................................................ 8 8
Capital in excess of par value ................................................................................. 35,573 35,472
Accumulated other comprehensive income ...................................................................... 42,732 44,025
Retained earnings .......................................................................................... 163,620 143,748
Treasury stock, at cost ....................................................................................... (1,763) (1,363)
Berkshire Hathaway shareholders’ equity ............................................................... 240,170 221,890
Noncontrolling interests ..................................................................................... 2,857 2,595
Total shareholders’ equity ............................................................................ 243,027 224,485
$526,186 $484,931
See accompanying Notes to Consolidated Financial Statements
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