Berkshire Hathaway 2015 Annual Report Download - page 68
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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 and significant amounts reclassified out of accumulated other comprehensive income for each of the three years
ending December 31, 2015 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, 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)
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)
Balance at December 31, 2014 ......................... 45,636 (1,957) (1,039) 92 42,732
Other comprehensive income, net before reclassifications .... (5,522) (2,027) 191 (112) (7,470)
Reclassifications from accumulated other comprehensive
income .......................................... (1,516) 128 86 22 (1,280)
Balance at December 31, 2015 ......................... $38,598 $(3,856) $ (762) $ 2 $33,982
Reclassifications from other comprehensive income into net
earnings:
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)
Year ending December 31, 2015:
Investment gains/losses:
Insurance and other ...................... $(2,391) $ 197 $ — $ — $ (2,194)
Finance and financial products ............. 59 — — — 59
Other ..................................... — — 129 35 164
Reclassifications before income taxes ............ (2,332) 197 129 35 (1,971)
Applicable income taxes ...................... (816) 69 43 13 (691)
$ (1,516) $ 128 $ 86 $ 22 $ (1,280)
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