v3.26.1
Consolidated Statements of Earnings - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues:    
Leasing revenues $ 2,671 $ 2,431
Total revenues 93,675 89,725
Investment gains (losses) (1,605) (6,435)
Costs and expenses:    
Interest expense 1,301 1,257
Total costs and expenses 79,927 78,268
Earnings before income taxes and equity method earnings 12,143 5,022
Equity method earnings 176 126
Earnings before income taxes 12,319 5,148
Income tax expense 2,140 476
Net earnings 10,179 4,672
Earnings attributable to noncontrolling interests 73 69
Net earnings attributable to Berkshire shareholders $ 10,106 $ 4,603
Equivalent Class A [Member]    
Earnings per share:    
Net earnings per average equivalent $ 7,027 $ 3,200
Average equivalent shares outstanding 1,438,124 1,438,223
Equivalent Class B [Member]    
Earnings per share:    
Net earnings per average equivalent [1] $ 4.68 $ 2.13
Average equivalent shares outstanding 2,157,185,889 2,157,335,139
Insurance and Other [Member]    
Revenues:    
Insurance premiums earned $ 22,005 $ 21,804
Sales and service revenues 50,946 47,815
Leasing revenues 2,671 2,431
Interest, dividend and other investment income 5,430 5,632
Total revenues 81,052 77,682
Costs and expenses:    
Insurance losses and loss adjustment expenses 14,204 14,646
Life, annuity and health insurance benefits 1,019 1,068
Insurance underwriting expenses 4,517 4,368
Cost of sales and services 41,207 38,551
Cost of leasing 2,027 1,887
Selling, general and administrative expenses 6,556 7,681
Interest expense 324 340
Total costs and expenses 69,854 68,541
Railroad, Utilities and Energy [Member]    
Revenues:    
Railroad transportation revenues 5,940 5,671
Utility and energy operating revenues 5,807 5,494
Service revenues and other income 876 878
Total revenues 12,623 12,043
Costs and expenses:    
Freight rail transportation expenses 3,923 3,873
Utilities and energy cost of sales and other expenses 4,317 4,091
Other expenses 856 846
Interest expense 977 917
Total costs and expenses $ 10,073 $ 9,727
[1] Net earnings per average equivalent Class B share outstanding is equal to one-fifteen-hundredth of the equivalent Class A amount. See Note 18.