Berkshire owns roughly 80 subsidiaries, including clothing, furniture, jewelry and corporate jet firms, but its insurance and utility businesses typically account for more than half of the company's revenue. It also has major investments in such companies as Coca-Cola Co. and Wells Fargo & Co.
Berkshire's investment income was a bright spot. It received a boost from loans made to several companies in the depths of the financial crisis in late 2008 and early 2009. Companies such as Goldman Sachs, GE, and Harley-Davidson are paying at least 10 percent interest on nearly $9 billion Berkshire loaned them.
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