BRK-B · 10-Q · 2026Q2 · Full report
Outstanding Indebtedness
BERKSHIRE HATHAWAY INC · 2026-08-10 · Importance 64 · Surprise 42 · In source text
Excluding BHE and BNSF, Berkshire’s borrowings were $43.3 billion at June 30, 2026, including $20.4 billion of Berkshire debt and approximately $18.2 billion of BHFC senior notes. Berkshire issued ¥272.3 billion, or $1.7 billion, of senior notes in April at a 2.4% weighted-average interest rate, with maturities from 2029 through 2056. BNSF debt was $23.5 billion and BHE borrowings were $61.8 billion, with BHE issuing $4.6 billion of term debt at a 5.8% weighted-average rate during the first six months.
Key facts
- Berkshire guarantees BHFC’s senior notes for the full and timely payment of principal and interest. source
- Excluding borrowings of BHE and BNSF, Berkshire’s borrowings at June 30, 2026 were $43.3 billion, predominantly issued by Berkshire and BHFC. source
- Berkshire’s outstanding debt at June 30, 2026 was $20.4 billion, a decrease of $2.3 billion since December 31, 2025, primarily attributable to repayments of maturing debt of $3.3 billion and reductions in carrying values due to changes in foreign currency exchange rates, partially offset by debt issued in April. source
- Senior note borrowings of BHFC were approximately $18.2 billion at June 30, 2026, a decline of $72 million from December 31, 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | negative | contingent | — | Berkshire guarantees BHFC’s senior notes for the full and timely payment of principal and interest. |
| liability | negative | realized | — | Excluding borrowings of BHE and BNSF, Berkshire’s borrowings at June 30, 2026 were $43.3 billion, predominantly issued by Berkshire and… |