Attached files
| file | filename |
|---|---|
| EX-95 - EX-95 - BERKSHIRE HATHAWAY INC | d303001dex95.htm |
| EX-32.2 - EX-32.2 - BERKSHIRE HATHAWAY INC | d303001dex322.htm |
| EX-32.1 - EX-32.1 - BERKSHIRE HATHAWAY INC | d303001dex321.htm |
| EX-31.2 - EX-31.2 - BERKSHIRE HATHAWAY INC | d303001dex312.htm |
| EX-31.1 - EX-31.1 - BERKSHIRE HATHAWAY INC | d303001dex311.htm |
| EX-23 - EX-23 - BERKSHIRE HATHAWAY INC | d303001dex23.htm |
| EX-21 - EX-21 - BERKSHIRE HATHAWAY INC | d303001dex21.htm |
| 10-K - FORM 10-K - BERKSHIRE HATHAWAY INC | d303001d10k.htm |
Reg. S-K
Item 601
Exhibit 12
BERKSHIRE HATHAWAY INC.
Calculation of Ratio of Consolidated Earnings to Consolidated Fixed Charges
(Dollars in millions)
| Year Ended December 31, | ||||||||||||||||||||
| 2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||||
| Net earnings attributable to Berkshire Hathaway shareholders |
$ | 24,074 | $ | 24,083 | $ | 19,872 | $ | 19,476 | $ | 14,824 | ||||||||||
| Income tax expense |
9,240 | 10,532 | 7,935 | 8,951 | 6,924 | |||||||||||||||
| Earnings attributable to noncontrolling interests |
353 | 331 | 298 | 369 | 488 | |||||||||||||||
| Equity in net (earnings) loss of Kraft Heinz Company |
(923 | ) | 122 | 26 | 262 | — | ||||||||||||||
| Dividends from Kraft Heinz Company |
952 | 366 | — | — | — | |||||||||||||||
| Fixed charges |
4,195 | 4,134 | 3,882 | 3,386 | 3,304 | |||||||||||||||
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| Earnings available for fixed charges |
$ | 37,891 | $ | 39,568 | $ | 32,013 | $ | 32,444 | $ | 25,540 | ||||||||||
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| Fixed charges |
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| Interest expense, including amortization (1) |
$ | 3,497 | $ | 3,515 | $ | 3,253 | $ | 2,801 | $ | 2,744 | ||||||||||
| Rentals representing interest and capitalized interest |
698 | 619 | 629 | 585 | 560 | |||||||||||||||
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| $ | 4,195 | $ | 4,134 | $ | 3,882 | $ | 3,386 | $ | 3,304 | |||||||||||
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| Ratio of earnings to fixed charges |
9.03x | 9.57x | 8.25x | 9.58x | 7.73x | |||||||||||||||
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| (1) | Includes non-cash foreign currency exchange gains of $244 million in 2016 and losses of $69 million in 2015 with respect to Berkshire’s Euro denominated debt. |