Company: BRK-A
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000950170-25-025210
Chunk: 163

Company: BERKSHIRE HATHAWAY INC
Filing Date: 2025-02-24
Form: 10-K
Item: Item 1B
Chunk 163
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 energy businesses are summarized below (dollars in millions). The weighted average interest rates and maturity date ranges are based on borrowings as of December 31, 2024.  

        WeightedAverage

        December 31,

        Interest Rate

        2024
         
        2023

        Railroad, utilities and energy:

        Berkshire Hathaway Energy Company (“BHE”) and subsidiaries:

        BHE senior unsecured debt due 2025-2053
         
        4.4
        %
         
        $
        13,107
         
        $
        13,101

        Subsidiary and other debt due 2025-2064
         
        4.6
        %

        42,150

        39,072

        Short-term borrowings
         
        5.0
        %

        1,123

        4,148

        Burlington Northern Santa Fe (“BNSF”) and subsidiaries due 2025-2097
         
        4.7
        %

        23,497

        23,482

        $
        79,877
         
        $
        79,803

       BHE subsidiary debt represents amounts issued pursuant to separate financing agreements. Substantially all of the assets of certain BHE subsidiaries are, or may be, pledged or encumbered to support or otherwise secure such debt. These borrowing arrangements generally contain various covenants, including covenants which pertain to leverage ratios, interest coverage ratios and/or debt service coverage ratios. In 2024, BHE subsidiaries issued $6.4 billion of term debt with a weighted average interest rate of 5.4% and maturity dates ranging from 2029 to 2055 and BHE and its subsidiaries repaid term debt and short-term borrowings aggregating approximately $5.9 billion. In 2025, BHE subsidiaries issued term debt of $1.5 billion, with maturities ranging from 2035 to 2055 and a weighted average interest rate of 6.0%.BNSF’s borrowings are primarily senior unsecured debentures. In 2024, BNSF issued $1.3 billion of 5.5% debentures due in 2055 and repaid $1.3 billion of debentures. As of December 31, 2024, BHE, BNSF and