Berkshire Hathaway Inc. has filed its annual 11-K report with the SEC for the fiscal year ended December 31, 2023. The report includes audited financial statements for The Lubrizol Corporation Employees’ Profit Sharing and Savings Plan, which is a part of Berkshire Hathaway's portfolio of companies. The independent audit, conducted by Maloney + Novotny LLC, concluded that the financial statements present fairly the net assets available for benefits and the changes in net assets for the year in accordance with U.S. generally accepted accounting principles. The Plan showed an increase in net assets available for benefits, rising from $1,265,670,000 at the end of 2022 to $1,358,252,000 at the end of 2023. The Plan offers a variety of investment options, including a stable value fund, mutual...Show More

Berkshire Hathaway Inc. has filed its annual 11-K report with the SEC for the fiscal year ended December 31, 2023. The report includes audited financial statements for The Lubrizol Corporation Employees’ Profit Sharing and Savings Plan, which is a part of Berkshire Hathaway's portfolio of companies. The independent audit, conducted by Maloney + Novotny LLC, concluded that the financial statements present fairly the net assets available for benefits and the changes in net assets for the year in accordance with U.S. generally accepted accounting principles. The Plan showed an increase in net assets available for benefits, rising from $1,265,670,000 at the end of 2022 to $1,358,252,000 at the end of 2023. The Plan offers a variety of investment options, including a stable value fund, mutual funds, and a self-directed brokerage account, with investments in Berkshire Hathaway Class B stock. The Plan is designed to encourage long-term, tax-deferred savings for retirement for employees of The Lubrizol Corporation, a Berkshire Hathaway company. The report was signed off on June 17, 2024, by Trina Nally, Chair of the Employee Benefits Administrative Committee and Chief Human Resources Officer.