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BRK-B SEC Filings

BERKSHIRE HATHAWAY INC - 281 total filings

Showing 1–50 of 281 filings
8-K

BERKSHIRE HATHAWAY INC 8-K/A Report, Executive Changes (Jan 6, 2026)

Jan 6, 2026

This 8-K/A filing from Berkshire Hathaway Inc. (BRK-B) primarily serves to update information regarding the compensation of its new President and Chief Executive Officer, Greg Abel. Effective January 1, 2026, Mr. Abel's annual cash salary has been set at $25 million. This adjustment reflects his elevated role and responsibilities following his appointment as CEO, a transition that was previously announced. Investors should note that this filing confirms the finalized compensation for the company's top executive and provides transparency on this significant personnel change.

8-K

BERKSHIRE HATHAWAY INC 8-K Report, Executive Changes (Dec 11, 2025)

Dec 11, 2025

Berkshire Hathaway Inc. has announced a planned leadership transition for its Chief Financial Officer role. Marc D. Hamburg, the current Senior Vice President and CFO, will retire on June 1, 2027, following a year-long transition period where he will step down as CFO on June 1, 2026, to work with his successor. This move signals a deliberate and extended process to ensure continuity in a critical financial leadership position. Mr. Charles C. Chang has been appointed to succeed Mr. Hamburg as Senior Vice President and CFO, effective June 1, 2026. Mr. Chang brings significant experience, having served as Senior Vice President and CFO of Berkshire Hathaway Energy since October 2024 and previously as a partner at PricewaterhouseCoopers for over two decades. Investors should note that compensation details for Mr. Chang are still being finalized and will be disclosed in a future amendment. The company has confirmed no material financial interests or family relationships that would be of concern.

8-K

BERKSHIRE HATHAWAY INC 8-K Report, Corporate Update (Nov 21, 2025)

Nov 21, 2025

Berkshire Hathaway Inc. (BRK-B) has filed an 8-K report detailing a significant debt issuance. On November 19, 2025, the company issued an aggregate principal amount of ¥123,700,000,000 of its 1.510% Senior Notes due 2028, ¥53,300,000,000 of its 1.826% Senior Notes due 2030, ¥26,100,000,000 of its 2.422% Senior Notes due 2035, and ¥7,000,000,000 of its 2.810% Senior Notes due 2040. These notes were issued under a previously filed registration statement and an underwriting agreement with Mizuho Securities USA LLC and Merrill Lynch International. This issuance of senior notes in Japanese Yen indicates Berkshire Hathaway's strategy to access diverse funding sources and potentially hedge against currency fluctuations or to finance operations or acquisitions denominated in Yen. The varying interest rates and maturity dates suggest a deliberate approach to managing its debt obligations and capital structure. Investors should note that this issuance increases the company's outstanding debt, although the specific use of proceeds is not detailed in this filing.

10-Q

BERKSHIRE HATHAWAY INC Quarterly Report for Q3 Ended Sep 30, 2025

Nov 3, 2025

Berkshire Hathaway Inc. (BRK-B) reported a robust third quarter and first nine months of 2025, demonstrating resilience and continued growth across its diverse business segments. Total revenues reached $94.97 billion for the third quarter and $277.21 billion for the first nine months, showing modest increases year-over-year, driven by strong performance in manufacturing, service, and retailing, alongside stable contributions from railroad, utilities, and energy. Net earnings attributable to Berkshire shareholders were $30.80 billion for the third quarter and $47.77 billion for the first nine months. While net earnings for the nine-month period saw a decline compared to the strong performance in the prior year, this was largely influenced by a significant non-cash impairment loss of $3.76 billion on the Kraft Heinz investment recognized in the second quarter. The company's insurance underwriting segment continued to perform well, with GEICO showing improved loss ratios and overall profitability. The balance sheet remains exceptionally strong, with total assets growing to $1.23 trillion and shareholders' equity reaching $700.44 billion as of September 30, 2025.

8-K

BERKSHIRE HATHAWAY INC 8-K Report, Financial Results (Nov 3, 2025)

Nov 3, 2025

Berkshire Hathaway Inc. (BRK-B) filed an 8-K on November 2, 2025, to report on its financial performance for the third quarter and the first nine months of 2025, ending September 30, 2025. The key takeaway for investors is the release of its unaudited financial results, which were disclosed via a press release on November 1, 2025. This filing serves as the official mechanism to furnish that earnings release to the Securities and Exchange Commission. Investors should refer to the earnings release (Exhibit 99.1) for detailed insights into the company's operational performance, financial condition, and key metrics. While this 8-K itself does not contain the specific figures, it confirms the official release of this critical information. The filing does not indicate any significant changes in accounting principles or unusual events beyond the regular quarterly reporting, but the underlying earnings release will contain the performance data.

8-K

BERKSHIRE HATHAWAY INC 8-K Report, Bylaw Amendment (Oct 3, 2025)

Oct 3, 2025

Berkshire Hathaway Inc. (BRK-B) has filed an 8-K reporting an amendment to its By-Laws, effective September 30, 2025. This amendment formally separates the roles of Chairman of the Board and Chief Executive Officer. This strategic governance change is being implemented in anticipation of the CEO transition scheduled for January 1, 2026, when Greg Abel is set to assume the CEO position, succeeding Warren Buffett. Warren Buffett will continue to serve as Chairman of the Board following this transition. The amendment adds a new paragraph to the By-Laws concerning the Board of Directors and makes consequential changes to the sections pertaining to Officers and Agents. Investors should note that this governance restructuring is a proactive step to align with the previously announced leadership succession plan, ensuring a clear delineation of responsibilities at the highest levels of the company.

10-Q

BERKSHIRE HATHAWAY INC Quarterly Report for Q2 Ended Jun 30, 2025

Aug 4, 2025

Berkshire Hathaway Inc. (BRK-B) reported a solid financial performance for the quarter and six months ending June 30, 2025. The company's total revenues remained robust, driven by its diverse business segments including insurance, railroad, utilities, energy, manufacturing, and services. Net earnings attributable to Berkshire shareholders were $12.4 billion for the second quarter and $17.0 billion for the first six months of 2025. The balance sheet remains exceptionally strong, with total assets growing to $1.16 trillion and shareholders' equity increasing to $670.3 billion, underscoring the company's financial resilience and capacity for future investments and operations. Key financial highlights include a significant increase in cash and cash equivalents, which more than doubled to $96.2 billion in the Insurance and Other segment, indicating strong operational cash generation. While investment gains and losses from equity securities introduced volatility in reported earnings, the underlying operating businesses demonstrated consistent performance. The company continues to manage its debt prudently, with consolidated borrowings at $127 billion, and maintains substantial liquidity, exceeding the $30 billion threshold for share repurchases. The significant goodwill and intangible assets on the balance sheet are being closely monitored for any potential impairments, although none were identified in this period.

8-K

BERKSHIRE HATHAWAY INC 8-K Report, Financial Results (Aug 4, 2025)

Aug 4, 2025

Berkshire Hathaway Inc. (BRK-B) filed an 8-K report on August 4, 2025, primarily to furnish its earnings press release for the second quarter and first six months ended June 30, 2025. While the filing itself does not contain detailed financial data, it directs investors to the accompanying press release (Exhibit 99.1) for comprehensive operational and financial condition updates. This means investors should review the August 2, 2025, press release for insights into the company's performance during the period. The key information for investors will be contained within the earnings release itself, which typically covers metrics such as revenue growth, net earnings, operating earnings, segment performance, and any significant business developments or strategic commentary from management. Investors are encouraged to access Exhibit 99.1 for a full understanding of Berkshire Hathaway's financial results and outlook.

8-K

BERKSHIRE HATHAWAY INC 8-K Report, Executive Changes (May 8, 2025)

May 8, 2025

This 8-K filing from Berkshire Hathaway Inc. (BRK-B) announces a significant leadership transition. Effective January 1, 2026, Greg Abel will assume the roles of President and Chief Executive Officer, succeeding Warren Buffett in the CEO position. Mr. Buffett will continue to serve as Chairman of the Board of Directors. Mr. Abel, currently Vice Chairman – Non-Insurance Operations and a director since 2018, brings extensive experience from his tenure as CEO and Chairman of Berkshire Hathaway Energy. This planned succession is a critical development for investors, signaling continuity and a clear path forward for the company's operational leadership. Mr. Abel's deep understanding of Berkshire's diverse businesses, particularly its energy operations, positions him well to lead the conglomerate. The filing also confirms no immediate changes to Mr. Buffett's role as Chairman, providing a period of transition and continued guidance.

8-K

BERKSHIRE HATHAWAY INC 8-K Report, Financial Results (May 6, 2025)

May 6, 2025

Berkshire Hathaway Inc. (BRK-B) filed an 8-K on May 5, 2025, primarily to furnish its first quarter 2025 earnings release dated May 3, 2025, and to report the outcomes of its annual shareholder meeting held on May 3, 2025. The earnings release contains the company's financial and operational results for the quarter ended March 31, 2025, which are crucial for investors to assess performance and financial condition. Investors should refer to the furnished earnings release for detailed financial data. The annual meeting saw the re-election of all directors by overwhelming majority, indicating strong shareholder confidence in the current board. However, several shareholder proposals, particularly those concerning environmental, social, and governance (ESG) matters such as environmental activities, pay ratio disclosure, civil rights, non-discrimination, diversity and inclusion, and clean energy financing, were overwhelmingly rejected by shareholders. A proposal related to AI risk oversight also failed to gain significant traction. This indicates a divergence between management's and a segment of shareholders' priorities regarding ESG initiatives.

10-Q

BERKSHIRE HATHAWAY INC Quarterly Report for Q1 Ended Mar 31, 2025

May 5, 2025

Berkshire Hathaway Inc. reported its first quarter 2025 results, showcasing resilience despite a significant drop in net earnings primarily due to investment fluctuations. Net earnings attributable to Berkshire shareholders were $4.6 billion, a sharp decrease from $12.7 billion in the prior year quarter. This decline was largely driven by a substantial unrealized investment loss of $6.8 billion on equity securities held at the end of the period, a reversal from the prior year's gain. However, operating earnings remained robust, with significant contributions from its insurance, railroad, utilities, energy, and manufacturing segments. The company maintained a strong liquidity position, with cash, cash equivalents, and U.S. Treasury Bills totaling $42.9 billion at the end of the quarter. Shareholder equity also saw an increase, reflecting the ongoing strength of its diversified operations. The insurance underwriting segment experienced a notable impact from wildfire losses in Southern California, contributing to a decrease in pre-tax underwriting earnings. Conversely, GEICO showed strong underwriting profit growth, driven by increased premiums and a lower loss ratio. The railroad, utilities, and energy segments demonstrated consistent performance, with BNSF benefiting from increased volumes and BHE showing improved earnings due to stronger utility and energy operations, partially offset by a reduction in real estate brokerage losses from prior year charges. The manufacturing, service, and retailing segments showed a slight decrease in earnings, with mixed performance across individual businesses.

8-K

BERKSHIRE HATHAWAY INC 8-K Report, Corporate Update (Apr 17, 2025)

Apr 17, 2025

Berkshire Hathaway Inc. (BRK-B) has filed an 8-K report detailing the issuance of a significant aggregate principal amount of Japanese Yen-denominated senior notes on April 17, 2025. This issuance includes six tranches of notes with varying maturities ranging from 2028 to 2055 and coupon rates from 1.352% to 3.117%. The total principal amount raised across these notes is ¥80,400,000,000. These notes were issued under a previously filed registration statement (Form S-3) and pursuant to an underwriting agreement with Merrill Lynch International and Mizuho Securities USA LLC. The issuance indicates Berkshire's ongoing strategy to diversify its funding sources and potentially hedge against currency fluctuations, given the denomination in Japanese Yen. Investors should note the varying interest rates and maturity dates, which reflect different market conditions and capital needs across the maturity spectrum.

8-K

BERKSHIRE HATHAWAY INC 8-K Report, Financial Results (Feb 24, 2025)

Feb 24, 2025

Berkshire Hathaway Inc. (BRK-B) filed an 8-K on February 24, 2025, reporting on the company's financial results for the fourth quarter and full year ended December 31, 2024. The core of this filing is the press release issued on February 22, 2025, which details the company's operational performance and financial condition. Investors should refer to Exhibit 99.1, the furnished earnings release, for a comprehensive overview of these results, including key financial metrics, segment performance, and management's commentary on the period's outcomes. The filing itself primarily serves as a vehicle to make this detailed earnings information publicly available in accordance with SEC regulations. While the 8-K itself is procedural, the furnished earnings release is crucial for understanding Berkshire Hathaway's financial trajectory. Investors will want to scrutinize the performance of its diverse business segments, the impact of any significant acquisitions or dispositions, and the overall profitability and cash flow generation. The release will likely contain information on key performance indicators such as operating earnings, investment income, and book value, providing critical insights into the company's ongoing value creation strategy under its current leadership.

10-K

BERKSHIRE HATHAWAY INC Annual Report, Year Ended Dec 31, 2024

Feb 24, 2025

Berkshire Hathaway Inc. (BRK-B) reported a strong financial performance for the year ending December 31, 2024, with net earnings attributable to shareholders reaching $88.995 billion, a slight decrease from $96.223 billion in 2023. This was largely driven by significant investment gains in 2024, which offset softer performance in some operating segments. The insurance businesses demonstrated robust underwriting results, particularly GEICO, which significantly improved its profitability compared to the prior year, although overall insurance underwriting benefited from favorable prior accident year developments. BNSF and Berkshire Hathaway Energy (BHE) reported slight decreases in after-tax earnings year-over-year, impacted by specific charges and market conditions. The manufacturing, service, and retailing segments experienced a modest decline in earnings, impacted by varied performance across its diverse portfolio, with some areas showing strength and others facing headwinds. Berkshire Hathaway ended the year with substantial liquidity, holding $318 billion in cash, cash equivalents, and U.S. Treasury Bills. The company continued its share repurchase program, demonstrating a commitment to returning capital to shareholders when shares are deemed undervalued. Management remains focused on financial strength, prudent capital allocation, and the long-term intrinsic value of its businesses.

8-K

BERKSHIRE HATHAWAY INC 8-K Report, Financial Results (Nov 4, 2024)

Nov 4, 2024

Berkshire Hathaway Inc. (BRK-B) filed an 8-K on November 4, 2024, primarily to report its third quarter and first nine months financial results for the period ended September 30, 2024. The core of the filing is the press release dated November 2, 2024, which details the company's operational and financial performance during this period. Investors should review this press release for key metrics, segment performance, and management's commentary on the current business environment and future outlook. While the 8-K itself is a procedural filing to submit the earnings release, the substance for investors lies within that accompanying document. It will contain information on earnings per share, revenues, net income, and potentially significant developments across Berkshire Hathaway's diverse business units, including insurance, energy, railroads, manufacturing, and investments. This is a critical filing for understanding the company's ongoing financial health and strategic direction.

10-Q

BERKSHIRE HATHAWAY INC Quarterly Report for Q3 Ended Sep 30, 2024

Nov 4, 2024

Berkshire Hathaway Inc. (BRK-B) reported strong financial results for the nine months ending September 30, 2024, with net earnings attributable to shareholders reaching $69.3 billion, a significant increase from $58.6 billion in the prior year period. This growth was largely driven by substantial investment gains, totaling $46.2 billion for the nine months, compared to $38.0 billion in the same period of 2023. The company maintained a robust balance sheet, with shareholders' equity growing to $629.1 billion from $567.5 billion at year-end 2023. Despite ongoing macroeconomic uncertainties, Berkshire Hathaway demonstrated operational resilience across its diverse business segments, including insurance, railroads, utilities, energy, and manufacturing. The insurance segment's underwriting results showed a mixed performance, with improved profitability at GEICO and the Primary Group in the first nine months of 2024, though the Reinsurance Group experienced a pre-tax underwriting loss. Investment income from the insurance operations saw a notable increase, largely due to higher yields on U.S. Treasury Bills. The railroad, utilities, and energy segments, including BNSF and Berkshire Hathaway Energy, reported solid earnings, reflecting improved operational efficiencies and favorable pricing in certain areas. Manufacturing, service, and retailing businesses also contributed positively, with notable growth in industrial products and consumer segments, although certain areas like retail faced headwinds from increased competition and reduced consumer spending.

8-K

BERKSHIRE HATHAWAY INC 8-K Report, Corporate Update (Oct 23, 2024)

Oct 23, 2024

Berkshire Hathaway Inc. (BRK-B) announced on October 23, 2024, the issuance of a significant tranche of senior notes denominated in Japanese Yen. This debt offering comprises seven series of notes with varying principal amounts and interest rates, maturing between 2027 and 2054. The total aggregate principal amount issued is ¥271,800,000,000 (approximately $2.4 billion USD based on current exchange rates, although this conversion is not stated in the filing). The notes were issued under an existing registration statement and an indenture previously filed with the SEC. This issuance indicates Berkshire's strategic utilization of capital markets to secure long-term funding. The diverse maturity profile and fixed interest rates suggest a proactive approach to managing its debt obligations and potentially capitalizing on favorable borrowing conditions in the Japanese market. Investors should note that this 8-K filing primarily concerns the debt issuance itself and does not provide updated financial performance figures, but it does signal ongoing financial activities and capital management strategies by the conglomerate.

8-K

BERKSHIRE HATHAWAY INC 8-K Report, Financial Results (Aug 5, 2024)

Aug 5, 2024

Berkshire Hathaway Inc. (BRK-B) filed an 8-K on August 4, 2024, to report its second quarter and first six months financial results for the period ending June 30, 2024. The key information is contained within the furnished earnings press release (Exhibit 99.1), which provides investors with the company's operational and financial performance for the period. Investors should review this press release for detailed insights into earnings, revenue streams, and the overall financial health of Berkshire Hathaway.

10-Q

BERKSHIRE HATHAWAY INC Quarterly Report for Q2 Ended Jun 30, 2024

Aug 5, 2024

Berkshire Hathaway Inc. (BRK-B) reported a strong second quarter and first six months of 2024, with net earnings attributable to shareholders of $30.3 billion and $43.1 billion, respectively. This performance was significantly driven by robust investment gains, with net unrealized gains on equity securities contributing substantially to the overall results. The insurance underwriting segment showed significant improvement, particularly at GEICO, benefiting from higher average premiums, lower claim frequencies, and the absence of major catastrophe events compared to the prior year. Operating businesses across manufacturing, service, and energy segments also demonstrated resilience, though some areas like BNSF and BHE experienced modest declines in earnings due to specific operational and legal challenges. The company maintained a strong liquidity position with substantial holdings in cash, cash equivalents, and U.S. Treasury Bills, reinforcing its financial strength.

8-K

BERKSHIRE HATHAWAY INC 8-K Report, Financial Results (May 7, 2024)

May 7, 2024

Berkshire Hathaway Inc. (BRK-B) filed an 8-K on May 6, 2024, reporting on its first-quarter 2024 earnings and the outcomes of its annual shareholder meeting held on May 4, 2024. The earnings release, dated May 4, 2024, provides key financial performance indicators for the quarter ended March 31, 2024, though specific figures are not detailed within the 8-K text itself but are furnished as an exhibit. Investors should refer to the earnings release for comprehensive financial results. The annual shareholder meeting saw the re-election of all directors, with strong support across the board. However, all seven shareholder proposals, which covered topics ranging from greenhouse gas emissions reporting to railroad safety and China exposure, were overwhelmingly rejected by shareholders. This indicates a general alignment of shareholder votes with the Board's recommendations on these matters.

10-Q

BERKSHIRE HATHAWAY INC Quarterly Report for Q1 Ended Mar 31, 2024

May 6, 2024

Berkshire Hathaway Inc. reported solid financial results for the first quarter of 2024, demonstrating resilience across its diverse business segments. Net earnings attributable to Berkshire Hathaway shareholders were $12.7 billion, a significant decrease from the prior year's $35.5 billion, largely due to a substantial drop in investment gains, which were a key driver of the prior year's results. However, the underlying operating businesses showed strength, with improvements in insurance underwriting, particularly at GEICO, and robust performance in manufacturing, service, and retailing segments. The company maintained a strong financial position, with shareholders' equity increasing to $571.5 billion. Berkshire continued its disciplined capital allocation, repurchasing $2.6 billion of its own stock while maintaining substantial liquidity with $182.3 billion in cash, cash equivalents, and U.S. Treasury Bills. Despite the year-over-year decrease in net earnings, the operational performance underscores the company's stable and diversified business model.

8-K

BERKSHIRE HATHAWAY INC 8-K Report, Corporate Update (Apr 26, 2024)

Apr 26, 2024

Berkshire Hathaway Inc. (BRK-B) filed an 8-K on April 25, 2024, to report the issuance of a substantial aggregate principal amount of senior notes denominated in Japanese Yen (¥). This issuance, totaling ¥263.8 billion across seven tranches with maturities ranging from 2027 to 2054 and coupon rates between 0.974% and 2.498%, was conducted under an existing registration statement filed in January 2022. This debt issuance indicates Berkshire's ongoing strategy to manage its capital structure and potentially secure long-term funding at favorable rates. Investors should note that the proceeds from these notes are not explicitly detailed in this filing, but such actions typically support general corporate purposes, acquisitions, or refinancing existing debt. The specific maturity profiles and coupon rates suggest a deliberate approach to long-term financial planning and currency management.

8-K

BERKSHIRE HATHAWAY INC 8-K Report, Financial Results (Feb 26, 2024)

Feb 26, 2024

Berkshire Hathaway Inc. (BRK-B) filed an 8-K on February 26, 2024, to furnish its earnings press release for the fourth quarter and full year ended December 31, 2023. While the 8-K itself is procedural and mainly references the press release, the investor focus should be on the content of that release. The earnings report details the company's financial performance, providing key metrics and commentary that offer insight into the operational health and strategic direction of Berkshire Hathaway's diverse holdings. Investors should consult the furnished press release for detailed financial results and management's commentary.

10-K

BERKSHIRE HATHAWAY INC Annual Report, Year Ended Dec 31, 2023

Feb 26, 2024

Berkshire Hathaway Inc. (BRK-B) reported strong net earnings of $96.2 billion for the fiscal year ended December 31, 2023, a significant turnaround from a net loss of $22.8 billion in the prior year. This turnaround was largely driven by a substantial increase in investment and derivative contract gains, which swung from a loss of $67.9 billion in 2022 to a gain of $74.9 billion in 2023. The company's diverse operations, including insurance, freight rail (BNSF), utilities and energy (BHE), manufacturing, service, and retailing businesses, collectively contributed to the robust financial performance. The insurance underwriting segment also showed a strong recovery, reporting pre-tax earnings of $6.9 billion in 2023, compared to a loss of $22 million in 2022, benefiting from lower catastrophe losses and improved results at GEICO. BNSF's earnings saw a decline, while BHE's earnings were significantly impacted by increased wildfire loss estimates. Despite these challenges, Berkshire Hathaway's overall financial position remains exceptionally strong, with significant cash reserves and a commitment to capital allocation through share repurchases.

8-K

BERKSHIRE HATHAWAY INC 8-K Report, Corporate Update (Jan 10, 2024)

Jan 10, 2024

Berkshire Hathaway Inc. (BRK-B) announced on January 7, 2024, that it has reached an agreement to fully settle the Delaware litigation involving Pilot Corporation. This settlement resolves all claims and counterclaims between Berkshire Hathaway entities, including Pilot Travel Centers LLC and National Indemnity Company, and Pilot Corporation. The filing provides limited details regarding the terms of the settlement, but its conclusion is a significant event for the company as it removes a major legal uncertainty and potential financial liability. Investors should view this settlement positively, as it brings closure to a prolonged legal dispute. While the specific financial impact of the settlement is not disclosed in this 8-K, the resolution allows Berkshire Hathaway to move forward without the distraction and potential costs associated with ongoing litigation. The company furnished the press release announcing this agreement as an exhibit to its Form 8-K filing.

8-K

BERKSHIRE HATHAWAY INC 8-K Report, Corporate Update (Dec 1, 2023)

Dec 1, 2023

Berkshire Hathaway Inc. (BRK-B) filed an 8-K on December 1, 2023, to report the passing of its long-time Vice Chairman, Mr. Charles T. Munger, on November 27, 2023. This announcement, made via a press release dated November 28, 2023, is the sole substantive item disclosed in this filing. While the filing itself is brief and primarily serves as notification, the passing of Mr. Munger represents a significant event for Berkshire Hathaway, given his integral role alongside Warren Buffett in shaping the company's investment philosophy and strategy for decades.

8-K

BERKSHIRE HATHAWAY INC 8-K Report, Corporate Update (Nov 29, 2023)

Nov 29, 2023

Berkshire Hathaway Inc. (BRK-B) announced on November 29, 2023, the issuance of substantial aggregate principal amounts of senior notes denominated in Japanese Yen (¥). These notes, issued under a previously filed Form S-3 registration statement, comprise five tranches with maturities ranging from 2026 to 2058 and coupon rates varying from 0.955% to 2.502%. The issuance was facilitated by an underwriting agreement with Merrill Lynch International and Mizuho Securities USA LLC and is governed by an indenture dated January 28, 2022. This debt issuance represents a strategic move by Berkshire Hathaway to access capital markets, likely to fund ongoing operations, potential acquisitions, or to refinance existing debt. Investors should note the diversification of currency exposure, with a significant Yen-denominated offering, and the long-term nature of some of these debt instruments. The filing details the specific terms and conditions of each note series, providing transparency on Berkshire Hathaway's financing activities.

8-K

BERKSHIRE HATHAWAY INC 8-K Report, Financial Results (Nov 7, 2023)

Nov 7, 2023

Berkshire Hathaway Inc. filed an 8-K on November 6, 2023, to furnish its earnings release dated November 4, 2023, detailing the results for the third quarter and the first nine months of 2023. This filing primarily serves to officially incorporate the company's latest financial performance and operational updates into the public record, as per SEC regulations. Investors should refer to the furnished earnings release for comprehensive details on financial condition and results of operations, as this 8-K itself does not contain substantive new disclosures beyond directing readers to that document.

10-Q

BERKSHIRE HATHAWAY INC Quarterly Report for Q3 Ended Sep 30, 2023

Nov 6, 2023

Berkshire Hathaway Inc. reported a net earning of $58.6 billion for the first nine months of 2023, a significant turnaround from a net loss of $40.2 billion in the same period of 2022. This improvement was largely driven by a substantial increase in investment and derivative gains, which swung from a significant loss in the prior year to a gain in the current period. Total revenues for the first nine months also saw a healthy increase, reaching $271.1 billion compared to $223.9 billion in the prior year, boosted by contributions from the consolidated Pilot Travel Centers (PTC) and increased insurance premiums. Shareholders' equity grew to $531.5 billion as of September 30, 2023. The company continued its share repurchase program, acquiring $7.0 billion in the first nine months of 2023, demonstrating a commitment to returning capital to shareholders when valuations are deemed attractive. The balance sheet remains strong with substantial cash, cash equivalents, and U.S. Treasury Bills totaling $152.0 billion. However, investors should note the ongoing impact of legal proceedings, particularly concerning PacifiCorp's wildfire liabilities and HomeServices of America's antitrust cases, which represent significant contingent risks.

8-K

BERKSHIRE HATHAWAY INC 8-K Report, Financial Results (Aug 7, 2023)

Aug 7, 2023

Berkshire Hathaway Inc. (BRK-B) filed an 8-K report on August 7, 2023, to announce its second quarter and first six months' financial results ended June 30, 2023. The core of this filing is the accompanying press release (Exhibit 99.1), which contains the detailed financial performance data. Investors should refer to this press release for a comprehensive understanding of the company's operational and financial condition during the period. The filing itself primarily serves as a notification mechanism for the release of this earnings information, rather than containing new substantive disclosures beyond what is presented in the press release.

10-Q

BERKSHIRE HATHAWAY INC Quarterly Report for Q2 Ended Jun 30, 2023

Aug 7, 2023

Berkshire Hathaway Inc. reported a strong second quarter and first six months of 2023, driven significantly by a substantial increase in investment and derivative contract gains, largely from its equity securities portfolio. Net earnings attributable to shareholders surged to $35.91 billion in Q2 2023 and $71.42 billion for the first six months, a significant improvement from the net losses reported in the prior year periods. This strong performance was bolstered by the consolidation of Pilot Travel Centers (Pilot) starting February 1, 2023, which contributed billions in revenue and nearly $200 million in net earnings to Berkshire. Despite fluctuations in segment performance, such as a decline in BNSF earnings due to lower volumes and higher costs, and mixed results across manufacturing, service, and retailing segments, the overall financial health remains robust, underscored by a substantial increase in consolidated shareholders' equity and a healthy cash position. The company's strategic acquisitions and ongoing share repurchase program further demonstrate its commitment to enhancing shareholder value. The company's balance sheet remains exceptionally strong, with shareholders' equity growing to $539.9 billion. Berkshire maintained a significant liquidity position with over $141 billion in cash, cash equivalents, and U.S. Treasury Bills held by its insurance and other businesses. Total borrowings stood at $125.3 billion, with a significant portion attributed to major subsidiaries like BNSF, BHE, and Pilot. Capital expenditures for the first six months of 2023 totaled $8.4 billion, reflecting ongoing investments in property, plant, and equipment. The company continues to focus on financial strength and capital allocation, with share repurchases remaining an active strategy, limited only by maintaining a minimum liquidity threshold of $30 billion.

8-K

BERKSHIRE HATHAWAY INC 8-K Report, Financial Results (May 10, 2023)

May 10, 2023

Berkshire Hathaway Inc. filed an 8-K on May 9, 2023, reporting on its annual shareholder meeting held on May 6, 2023, and related corporate governance updates. The primary focus for investors is the results of the shareholder votes on various proposals. All incumbent directors were overwhelmingly re-elected, indicating strong shareholder confidence in the current board. However, several shareholder proposals concerning environmental, social, and governance (ESG) matters, including climate risk, GHG emissions, diversity, and executive compensation, received significant opposition and were not approved. Additionally, the company amended and restated its Bylaws, effective May 7, 2023. These changes include updates to advance notice requirements, primarily to comply with the SEC's Universal Proxy Rule, and procedural adjustments related to virtual meetings and Delaware corporate law. While the Q1 2023 earnings release was furnished as an exhibit, the 8-K itself does not contain detailed financial performance data, directing investors to the separate earnings release for that information.

10-Q

BERKSHIRE HATHAWAY INC Quarterly Report for Q1 Ended Mar 31, 2023

May 8, 2023

Berkshire Hathaway Inc. reported strong financial results for the first quarter of 2023, with net earnings attributable to shareholders surging to $35.5 billion, a significant increase from $5.6 billion in the same period last year. This impressive growth was largely driven by a substantial unrealized gain on investments, particularly in equity securities, which surged by $31.3 billion. The company also benefited from the consolidation of Pilot Travel Centers, LLC, acquired in January 2023, which contributed positively to revenues. Operating earnings across its diverse segments, including insurance, railroads, utilities, energy, manufacturing, service, and retailing, showed resilience, although some areas experienced pressures from increased costs and shifting economic conditions. Berkshire Hathaway maintained a robust financial position with consolidated shareholders' equity reaching $504.6 billion. The company continued its share repurchase program, buying back $4.4 billion in stock during the quarter, reflecting management's belief in the undervaluation of its shares. Despite ongoing macroeconomic uncertainties, including inflation and geopolitical conflicts, Berkshire Hathaway's strong liquidity, diversified operations, and disciplined capital allocation strategy position it well for continued performance.

8-K

BERKSHIRE HATHAWAY INC 8-K Report, Corporate Update (May 2, 2023)

May 2, 2023

Berkshire Hathaway Inc. (BRK-B) has filed an 8-K report detailing the voluntary bankruptcy filings of four of its indirect wholly owned subsidiaries under Chapter 11 in the U.S. Bankruptcy Court for the District of New Jersey. This event, which occurred on April 26, 2023, was further elaborated upon in a press release issued by the company on April 27, 2023. The filings concern subsidiaries and are not indicative of any direct financial distress of the parent company, Berkshire Hathaway Inc. itself. Investors should review the provided press release for specific details regarding these subsidiaries and the reasons for their Chapter 11 filings.

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BERKSHIRE HATHAWAY INC 8-K Report, Corporate Update (Apr 20, 2023)

Apr 20, 2023

Berkshire Hathaway Inc. (BRK-B) announced on April 20, 2023, the issuance of a significant amount of senior notes denominated in Japanese Yen (JPY). The company raised a total of ¥164,400,000,000 across five different tranches with varying maturity dates and interest rates, ranging from 0.907% due in 2026 to 2.325% due in 2053. This debt offering was conducted under an existing registration statement filed in January 2022 and was facilitated through an underwriting agreement with Merrill Lynch International and Mizuho Securities USA LLC. This issuance indicates Berkshire Hathaway's ongoing strategy of utilizing debt markets to manage its capital structure and potentially fund operations or acquisitions. The multi-tranche nature of the offering and the denomination in JPY suggest strategic financing decisions, possibly to hedge currency exposure or access favorable borrowing conditions in international markets. Investors should note this as an expansion of Berkshire's debt obligations, which will impact its financial leverage and future interest expenses.

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BERKSHIRE HATHAWAY INC 8-K Report, Financial Results (Mar 1, 2023)

Mar 1, 2023

Berkshire Hathaway Inc. (BRK-B) filed an 8-K on March 1, 2023, to report its financial results for the fourth quarter and full year ended December 31, 2022. The key information for investors is contained within the accompanying press release furnished as an exhibit to this filing. This report serves as a notification of the release of these financial results, which would typically detail operating performance, significant business segment contributions, and overall financial condition. Investors should refer to the earnings release (Exhibit 99.1) for specific details on Berkshire Hathaway's performance. While this 8-K itself does not contain the financial data, it formally announces the availability of that data, allowing investors to review the company's profitability, asset base, and cash flows for the reported periods. The filing also includes the standard Cover Page Interactive Data File for enhanced data accessibility.

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BERKSHIRE HATHAWAY INC Annual Report, Year Ended Dec 31, 2022

Feb 27, 2023

Berkshire Hathaway Inc. (BRK-B) reported a net loss attributable to shareholders of $22.8 billion for the year ended December 31, 2022. This significant loss was largely driven by substantial investment and derivative contract losses totaling $67.9 billion, primarily due to market volatility in equity securities. Despite the net loss, the company's diverse operating businesses demonstrated resilience, with strong performance in insurance investment income, utilities and energy, and manufacturing, service, and retailing segments. The insurance underwriting segment experienced a slight loss of $90 million, impacted by catastrophe events and increased claims frequencies and severities at GEICO. However, positive investment income within the insurance segment significantly offset underwriting results. Key strategic moves during the year included the acquisition of Alleghany Corporation for $11.5 billion, which expanded its property and casualty reinsurance and insurance operations. Berkshire also continued its share repurchase program, demonstrating a commitment to returning value to shareholders. The company maintains a strong financial position with substantial liquidity and significant equity, although the balance sheet reflects a decrease in shareholders' equity due to investment market fluctuations. Management anticipates that certain businesses, like GEICO, may return to profitability in the upcoming year.

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BERKSHIRE HATHAWAY INC 8-K Report, Executive Changes (Dec 19, 2022)

Dec 19, 2022

Berkshire Hathaway Inc. (BRK-B) filed an 8-K on December 19, 2022, to announce a change in its Board of Directors. Thomas S. Murphy, Jr. has been elected to fill the vacancy created by the passing of Board Member David Gottesman. This appointment is a significant event as it impacts the composition of the board overseeing one of the world's largest conglomerates. Investors should note that Mr. Murphy's election was effective December 19, 2022, and there were no pre-existing arrangements or understandings with other board members related to his appointment.

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BERKSHIRE HATHAWAY INC 8-K Report, Corporate Update (Dec 8, 2022)

Dec 8, 2022

Berkshire Hathaway Inc. (BRK-B) filed an 8-K on December 8, 2022, to report on the issuance of a substantial aggregate principal amount of Yen-denominated senior notes. This debt offering totals ¥85,000,000,000 across six tranches with varying interest rates and maturity dates, ranging from 2025 to 2052. The issuance was made under a previously filed registration statement and an underwriting agreement, with Merrill Lynch International and Mizuho Securities USA LLC acting as underwriters. For investors, this filing signals Berkshire's proactive management of its capital structure and its ability to access international debt markets efficiently. The issuance of Yen-denominated notes suggests a strategy to either hedge against currency fluctuations, fund Yen-denominated assets or operations, or take advantage of favorable borrowing costs in the Japanese market at the time of issuance. Investors should view this as a strategic financing move rather than an indicator of financial distress, given Berkshire's strong financial position.

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BERKSHIRE HATHAWAY INC 8-K Report, Financial Results (Nov 8, 2022)

Nov 8, 2022

Berkshire Hathaway Inc. (BRK-B) filed an 8-K on November 7, 2022, to furnish its third quarter and first nine months earnings release dated November 5, 2022. While the 8-K itself does not contain detailed financial figures, it directs investors to the accompanying press release for the company's performance up to September 30, 2022. Investors should review this press release for specific operational results and financial condition updates. This filing is primarily an announcement of the earnings release, signifying that Berkshire Hathaway has publicly disclosed its quarterly financial performance. Investors seeking detailed insights into revenue, net earnings, operating results by segment, investment gains/losses, and cash flow should carefully examine the furnished earnings release (Exhibit 99.1) for the most comprehensive understanding of the company's financial standing during the period.

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BERKSHIRE HATHAWAY INC Quarterly Report for Q3 Ended Sep 30, 2022

Nov 7, 2022

Berkshire Hathaway Inc. reported a net loss of $2.69 billion for the third quarter of 2022, resulting in a year-to-date net loss of $40.98 billion. This significant loss is primarily driven by investment and derivative contract losses, which amounted to $13.47 billion for the quarter and $82.36 billion for the first nine months of the year, largely due to unrealized losses on equity securities. Despite the net loss, the company's insurance underwriting operations showed improvement, with a pre-tax underwriting loss of $1.15 billion for the quarter, a reduction from the prior year's loss of $1.02 billion. The company also completed the acquisition of Alleghany Corporation for approximately $11.6 billion in October 2022. Berkshire Hathaway maintained substantial liquidity, with cash, cash equivalents, and U.S. Treasury Bills totaling $105.2 billion at the end of the quarter, underscoring its financial strength despite market volatility. Revenues across most segments showed growth compared to the prior year. BNSF reported a 16.8% increase in operating revenues for the quarter driven by higher average revenue per car/unit, while Utilities and Energy saw a 7.1% increase in total revenue driven by energy operating revenues. Manufacturing, Service, and Retailing also experienced revenue growth. However, GEICO's underwriting results deteriorated, with a pre-tax underwriting loss of $759 million for the quarter, impacted by increased claims severity and frequency due to inflation. Management emphasized that investment gains and losses, both realized and unrealized, are considered non-operating and can cause significant volatility in reported earnings, and should not be used to evaluate the economic performance of the businesses.

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BERKSHIRE HATHAWAY INC 8-K Report, Listing Notice (Oct 4, 2022)

Oct 4, 2022

This 8-K filing from Berkshire Hathaway Inc. (BRK-B) discloses a temporary noncompliance with New York Stock Exchange (NYSE) listing requirements regarding the composition of its Board of Directors. The recent death of independent director David S. Gottesman has resulted in the board no longer having a majority of independent directors, a rule mandated by the NYSE. The company has formally notified the NYSE of this noncompliance and intends to rectify the situation by appointing a new independent director as promptly as possible. While this is a procedural matter and doesn't immediately impact operations or financial health, investors should monitor the timeline for the appointment of a new director to ensure continued adherence to listing standards.

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BERKSHIRE HATHAWAY INC Quarterly Report for Q2 Ended Jun 30, 2022

Aug 8, 2022

Berkshire Hathaway Inc. reported a net loss of $43.76 billion for the second quarter of 2022, a significant swing from a net earning of $28.09 billion in the same period last year. This loss was largely driven by substantial unrealized losses on its equity investment portfolio, which amounted to $66.9 billion in the quarter. Despite the headline net loss, the company's operating businesses continued to generate solid earnings. Insurance underwriting saw improved profitability, and the railroad, utilities, and energy segments demonstrated resilience. However, GEICO experienced an underwriting loss due to increased claims severity and frequency. The company maintained a strong financial position with substantial cash and investment holdings, and continued its share repurchase program, demonstrating confidence in its intrinsic value.

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BERKSHIRE HATHAWAY INC 8-K Report, Financial Results (May 4, 2022)

May 4, 2022

Berkshire Hathaway Inc. filed an 8-K on May 3, 2022, detailing several key events. The company furnished its first-quarter 2022 earnings release, providing investors with recent financial performance data. Importantly, Berkshire Hathaway amended its Bylaws to update provisions related to the forum for adjudicating disputes, specifically establishing federal court as the venue for claims brought under the Securities Act of 1933, unless otherwise agreed. This change aims to provide clearer and potentially more efficient legal recourse for certain types of shareholder litigation. Furthermore, the 8-K reported on the outcomes of the company's annual shareholder meeting held on April 30, 2022. While all directors were elected, several shareholder proposals related to board independence, climate risk management, and diversity and inclusion did not pass. A significant event noted was the election of Wallace R. Weitz to the Board of Directors, which resulted in Berkshire Hathaway regaining compliance with the NYSE's continued listing standards regarding a majority of independent directors.

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BERKSHIRE HATHAWAY INC Quarterly Report for Q1 Ended Mar 31, 2022

May 2, 2022

Berkshire Hathaway Inc. (BRK-B) reported its first-quarter 2022 financial results, showing a significant decrease in net earnings attributable to shareholders, falling to $5.46 billion from $11.71 billion in the prior year's first quarter. This decline was primarily driven by a substantial negative swing in investment and derivative contract gains (losses), which went from a gain of $5.70 billion in Q1 2021 to a loss of $1.98 billion in Q1 2022, largely due to unrealized losses on equity securities. Despite the drop in net earnings, the company's operational performance remained robust. Revenues increased to $70.81 billion from $64.60 billion year-over-year. Insurance underwriting, while experiencing a challenging quarter with GEICO reporting an underwriting loss, saw a modest overall net underwriting profit of $47 million. The railroad, utilities, energy, manufacturing, service, and retailing segments all demonstrated strong revenue and earnings growth, highlighting the resilience of Berkshire's diverse business portfolio amidst ongoing supply chain disruptions and inflationary pressures.

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BERKSHIRE HATHAWAY INC 8-K Report, Corporate Update (Mar 18, 2022)

Mar 18, 2022

Berkshire Hathaway Inc. (BRK-B) announced through its subsidiary, Berkshire Hathaway Finance Corporation (BHFC), the issuance of senior notes totaling €1.25 billion. This issuance includes €500 million in 1.500% Senior Notes due 2030 and €750 million in 2.000% Senior Notes due 2034. These notes are fully and unconditionally guaranteed by Berkshire Hathaway Inc., providing strong credit backing. The issuance occurred under a Form S-3 registration statement and was facilitated through an underwriting agreement with J.P. Morgan Securities plc and Merrill Lynch International. This debt issuance indicates Berkshire Hathaway's ongoing strategy to manage its capital structure and potentially fund future acquisitions or operations. The interest rates on these notes appear competitive, reflecting Berkshire's strong credit profile. Investors should note that the details of these notes and their terms are further elaborated in incorporated filings and exhibits, including the Indenture and specific Officers' Certificates.

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BERKSHIRE HATHAWAY INC 8-K Report, Corporate Update (Mar 15, 2022)

Mar 15, 2022

Berkshire Hathaway Inc. (BRK-B) announced through its subsidiary, Berkshire Hathaway Finance Corporation (BHFC), the issuance of new senior notes totaling $4.5 billion on March 15, 2022. This debt offering was comprised of three tranches: $750 million in 2.300% notes due 2027, $1 billion in 2.875% notes due 2032, and $2.75 billion in 3.850% notes due 2052. These notes are fully and unconditionally guaranteed by Berkshire Hathaway Inc., indicating strong corporate backing and creditworthiness. The issuance was conducted under a previously filed registration statement and pursuant to underwriting agreements with major financial institutions. This move suggests Berkshire Hathaway is proactively managing its capital structure, potentially to fund ongoing operations, acquisitions, or to refinance existing debt. Investors should note the specific interest rates and maturity dates, which reflect prevailing market conditions at the time of issuance and offer varying durations for yield-seeking strategies.

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BERKSHIRE HATHAWAY INC 8-K Report, Financial Results (Mar 1, 2022)

Mar 1, 2022

Berkshire Hathaway Inc. (BRK-B) filed an 8-K on March 1, 2022, primarily to furnish a corrected press release regarding its fourth quarter and full-year 2021 financial results, originally issued on February 26, 2022. This filing alerts investors to updated earnings information, emphasizing the importance of reviewing the corrected release for accurate financial performance data. While the 8-K itself doesn't provide the detailed financial figures, it directs shareholders to the accompanying exhibit for the definitive results. Investors should consult Exhibit 99.1 to understand the company's operational and financial condition as of year-end 2021. The filing also includes the Cover Page Interactive Data File for enhanced data accessibility.

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BERKSHIRE HATHAWAY INC Annual Report, Year Ended Dec 31, 2021

Feb 28, 2022

Berkshire Hathaway Inc.'s 2021 10-K filing reveals a robust year of growth and profitability, driven by strong performance across its diverse business segments, particularly insurance, manufacturing, service, and retailing. Despite ongoing global supply chain disruptions and inflationary pressures that impacted some manufacturing and service businesses, the company demonstrated resilience. Net earnings attributable to Berkshire Hathaway shareholders reached $89.8 billion, significantly up from $42.5 billion in 2020, bolstered by substantial investment and derivative gains. The insurance underwriting segment also showed improved profitability, with net underwriting earnings of $728 million, reflecting favorable prior year loss development. The company continues to prioritize financial strength and liquidity, maintaining substantial cash reserves while actively engaging in share repurchases. Berkshire Hathaway's decentralized management structure allows its subsidiaries to operate autonomously, contributing to the overall strength and adaptability of the conglomerate.

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BERKSHIRE HATHAWAY INC 8-K Report, Listing Notice (Feb 18, 2022)

Feb 18, 2022

Berkshire Hathaway Inc. (BRK-B) filed an 8-K on February 18, 2022, primarily related to a change in its Board of Directors composition. The resignation of independent director Thomas S. Murphy on February 14, 2022, resulted in the Board no longer meeting the New York Stock Exchange (NYSE) requirement of having a majority of independent directors. The company promptly notified the NYSE of this noncompliance and intends to appoint a new independent director as soon as practicable to rectify the situation. This filing is important for investors to note as it addresses a procedural listing requirement. While not indicative of any fundamental business issue, it highlights the importance of corporate governance and compliance with exchange rules. The company's swift action to acknowledge the noncompliance and its stated intention to appoint a new director suggest a commitment to resolving this matter promptly and maintaining its listing status.