Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Does Berkshire Hathaway have more investments in equity securities than just those listed for the Insurance and Other segment? Where are they on the balance
Does Berkshire Hathaway have more investments in equity securities than just those listed for the Insurance and Other segment? Where are they on the balance sheet? How do you know?
LIABILITIES AND SHAREHOLDERS' EQUITY Insurance and Other: Unpaid losses and loss adjustment expenses Unpaid losses and loss adjustment expenses under retroactive reinsurance contracts Unearned premiums Life, annuity and health insurance benefits Other policyholder liabilities Accounts payable, accruals and other liabilities Notes payable and other borrowings $ 62,094 42.344 18,448 17,935 7,864 25,782 25.663 $61,122 42.937 16,040 17,608 7.654 23,099 27.324 200,130 195,784 Railroad, Unilities and Energy: Acele payable on other liabilities Regulatory liabilities Notes payable and other borrowings 10.786 7,399 62,667 11.124 7.511 62.178 81,052 81,023 Finance and Financial Products: Accounts payable, accruals and other liabilities Derivative contract liabilities Notes payable and other borrowings 1.566 2.378 10.755 1.470 2.172 13.085 14,699 16,727 Income taxes, principally deferred 35,718 56,607 Total liabilities 351,599 350,141 Shareholders' equity: Common stock Capital in excess of par value Accumulated other comprehensive income Retained earnings Treasury stock, at cost 35,681 (2.477) 315,952 (1,763) 35,694 58,571 255,786 (1.763) Berkshire Hathaway shareholders' equity Non-controlling interests 347,401 3,651 348,296 3,658 Total shareholders' equity 351,052 351.954 5 702,651 $ 702,095Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started