Berkshire Hathaway 2014 Annual Report Download - page 80
Download and view the complete annual report
Please find page 80 of the 2014 Berkshire Hathaway annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70 -
71 -
72 -
73 -
74 -
75 -
76 -
77 -
78 -
79 -
80 -
81 -
82 -
83 -
84 -
85 -
86 -
87 -
88 -
89 -
90 -
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
 |
 |
Notes to Consolidated Financial Statements (Continued)
(20) Accumulated other comprehensive income
A summary of the net changes in after-tax accumulated other comprehensive income attributable to Berkshire Hathaway
shareholders for each of the three years ending December 31, 2014 and significant amounts reclassified out of accumulated
other comprehensive income for each of the years ending December 31, 2014 and 2013 follows (in millions).
Unrealized
appreciation of
investments, net
Foreign
currency
translation
Prior service
and actuarial
gains/losses of
defined benefit
pension plans Other
Accumulated
other
comprehensive
income
Balance at December 31, 2011 ......................... $19,626 $ (383) $(1,589) $— $17,654
Other comprehensive income, net ....................... 9,647 267 (21) (47) 9,846
Transactions with noncontrolling interests ................ (19) (4) 9 14 —
9,628 263 (12) (33) 9,846
Balance at December 31, 2012 ......................... 29,254 (120) (1,601) (33) 27,500
Other comprehensive income, net before reclassifications .... 16,379 25 1,534 106 18,044
Reclassifications from accumulated other comprehensive
income .......................................... (1,591) (31) 114 10 (1,498)
Transactions with noncontrolling interests ................ — (20) (1) — (21)
14,788 (26) 1,647 116 16,525
Balance at December 31, 2013 ......................... 44,042 (146) 46 83 44,025
Other comprehensive income, net before reclassifications .... 3,778 (1,877) (1,130) 31 802
Reclassifications from accumulated other comprehensive
income .......................................... (2,184) 66 45 (22) (2,095)
1,594 (1,811) (1,085) 9 (1,293)
Balance at December 31, 2014 ......................... $45,636 $(1,957) $(1,039) $ 92 $42,732
Reclassifications from other comprehensive income into net
earnings are included on the following line items:
Year ending December 31, 2013:
Investment gains/losses:
Insurance and other ...................... $(2,382) $ — $ — $— $ (2,382)
Finance and financial products ............. (65) — — — (65)
Other ..................................... — (31) 167 17 153
Reclassifications before income taxes ............ (2,447) (31) 167 17 (2,294)
Applicable income taxes ...................... (856) — 53 7 (796)
$ (1,591) $ (31) $ 114 $ 10 $ (1,498)
Year ending December 31, 2014:
Investment gains/losses:
Insurance and other ...................... $(3,288) $ — $ — $— $ (3,288)
Finance and financial products ............. (72) — — — (72)
Other ..................................... — 75 58 (39) 94
Reclassifications before income taxes ............ (3,360) 75 58 (39) (3,266)
Applicable income taxes ...................... (1,176) 9 13 (17) (1,171)
$ (2,184) $ 66 $ 45 $ (22) $ (2,095)
78