Berkshire Hathaway 2010 Annual Report Download - page 66

Download and view the complete annual report

Please find page 66 of the 2010 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.

Page out of 110

  • 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

Notes to Consolidated Financial Statements (Continued)
(21) Business segment data (Continued)
A disaggregation of our consolidated data for each of the three most recent years is presented in the tables which follow on
this and the following two pages (in millions).
Revenues Earnings before income taxes
2010 2009 2008 2010 2009 2008
Operating Businesses:
Insurance group:
Underwriting:
GEICO ................................... $ 14,283 $ 13,576 $ 12,479 $ 1,117 $ 649 $ 916
General Re ................................ 5,693 5,829 6,014 452 477 342
Berkshire Hathaway Reinsurance Group ........ 9,076 6,706 5,082 176 250 1,222
Berkshire Hathaway Primary Group ............ 1,697 1,773 1,950 268 84 210
Investment income ............................. 5,186 5,509 4,933 5,145 5,459 4,896
Total insurance group ............................... 35,935 33,393 30,458 7,158 6,919 7,586
Burlington Northern Santa Fe (1) ....................... 15,059 — 3,611 — —
Finance and financial products ........................ 4,264 4,301 4,773 689 653 771
Marmon (2) ........................................ 5,967 5,067 5,529 813 686 733
McLane Company .................................. 32,687 31,207 29,852 369 344 276
MidAmerican ..................................... 11,305 11,443 13,971 1,539 1,528 2,963
Other businesses ................................... 27,956 25,391 30,718 3,092 1,028 3,014
133,173 110,802 115,301 17,271 11,158 15,343
Reconciliation of segments to consolidated amount:
Investment and derivative gains/losses .............. 2,346 787 (7,461) 2,346 787 (7,461)
Interest expense, not allocated to segments .......... — — — (208) (101) (91)
Eliminations and other .......................... 666 904 (54) (358) (292) (217)
$136,185 $112,493 $107,786 $19,051 $11,552 $ 7,574
(1) Includes results from the acquisition date of February 12, 2010.
(2) Includes results from the acquisition date of March 18, 2008.
Capital expenditures
Depreciation
of tangible assets
2010 2009 2008 2010 2009 2008
Operating Businesses:
Insurance group ............................................. $ 40 $ 50 $ 72 $ 66 $ 71 $ 70
Burlington Northern Santa Fe (1) ................................ 1,829 — 1,221 —
Finance and financial products ................................. 233 148 185 204 219 228
Marmon (2) ................................................. 307 436 553 507 521 361
McLane Company ........................................... 166 172 180 129 120 109
MidAmerican .............................................. 2,593 3,413 3,936 1,262 1,246 1,128
Other businesses ............................................ 812 718 1,212 890 950 914
$5,980 $4,937 $6,138 $4,279 $3,127 $2,810
(1) Includes amounts from acquisition date of February 12, 2010.
(2) Includes amounts from acquisition date of March 18, 2008.
64