BRK-B · 10-Q · 2026Q2 · Full report
Critical Accounting Estimates
BERKSHIRE HATHAWAY INC · 2026-08-10 · Importance 50 · Surprise 24 · In source text
Unpaid property-and-casualty losses and loss-adjustment expenses totaled $152.9 billion at June 30, 2026, and small changes in the estimates could materially affect periodic earnings. Goodwill totaled $83.1 billion and indefinite-lived intangible assets totaled $19.0 billion at June 30, 2026. Four reporting units had aggregate estimated fair value of $27.7 billion versus carrying value of $26.2 billion, including $9.2 billion of goodwill, and Berkshire concluded the assets were not impaired as of June 30, 2026.
Key facts
- In the annual goodwill impairment review in the fourth quarter of 2025, estimated fair values of four reporting units did not exceed carrying values by at least 20%; estimated aggregate fair value was approximately $27.7 billion which exceeded aggregate carrying value of approximately $26.2 billion; goodwill of these reporting units totaled approximately $9.2 billion. source
- Goodwill of acquired businesses totaled $83.1 billion and indefinite-lived intangible assets totaled $19.0 billion as of June 30, 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | negative | contingent | — | In the annual goodwill impairment review in the fourth quarter of 2025, estimated fair values of four reporting units did not exceed… |
| net_income | negative | contingent | — | In the annual goodwill impairment review in the fourth quarter of 2025, estimated fair values of four reporting units did not exceed… |
| assets | positive | realized | — | Goodwill of acquired businesses totaled $83.1 billion and indefinite-lived intangible assets totaled $19.0 billion as of June 30, 2026. |