Obligation Berkshire Hathaway Inc 4.5% ( US084670BK32 ) en USD

Berkshire Hathaway Inc

94.7217 % ▲

Etas-Unis

US084670BK32 ( en USD )

4.5% par an ( paiement semestriel )

10/02/2043

Prospectus brochure de l'obligation Berkshire Hathaway Inc US084670BK32 en USD 4.5%, échéance 10/02/2043

2 000 USD

1 000 000 000 USD

084670BK3

AA ( Haute qualité )

Aa2 ( Haute qualité )

11/08/2024 ( Dans 88 jours )

L'Obligation émise par Berkshire Hathaway Inc ( Etas-Unis ) , en USD, avec le code ISIN US084670BK32, paye un coupon de 4.5% par an.
Le paiement des coupons est semestriel et la maturité de l'Obligation est le 10/02/2043

L'Obligation émise par Berkshire Hathaway Inc ( Etas-Unis ) , en USD, avec le code ISIN US084670BK32, a été notée Aa2 ( Haute qualité ) par l'agence de notation Moody's.

L'Obligation émise par Berkshire Hathaway Inc ( Etas-Unis ) , en USD, avec le code ISIN US084670BK32, a été notée AA ( Haute qualité ) par l'agence de notation Standard & Poor's ( S&P ).

Prospectus Supplement
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424B2 1 d474751d424b2.htm PROSPECTUS SUPPLEMENT
Table of Contents
Filed Pursuant to Rule 424(b)(2)
Registration Statement No. 333-186257
Calculation of Registration Fee

Amount to be
Amount of
Title of each class of securities to be registered

registered

registration fee (1)
0.800% Senior Notes due 2016

$ 300,000,000
$
40,920
1.550% Senior Notes due 2018

$ 800,000,000
$
109,120
3.000% Senior Notes due 2023

$ 500,000,000
$
68,200
4.500% Senior Notes due 2043

$1,000,000,000
$
136,400

TOTAL

$2,600,000,000
$
354,640

(1)
Calculated in accordance with Rule 457(r) of the Securities Act of 1933, as amended.
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Prospectus Supplement to Prospectus dated January 28, 2013
$2,600,000,000
$300,000,000 0.800% Senior Notes due 2016
$800,000,000 1.550% Senior Notes due 2018
$500,000,000 3.000% Senior Notes due 2023
$1,000,000,000 4.500% Senior Notes due 2043

We are offering (i) $300,000,000 of our 0.800% Senior Notes due 2016, (i ) $800,000,000 of our 1.550% Senior Notes due 2018, (i i) $500,000,000 of our
3.000% Senior Notes due 2023, and (iv) $1,000,000,000 of our 4.500% Senior Notes due 2043 (together, the "notes").
Interest on the 0.800% Senior Notes due 2016, the 3.000% Senior Notes due 2023, and the 4.500% Senior Notes due 2043 wil accrue from the date of
original issuance, expected to be February 11, 2013, and wil be payable on February 11 and August 11 of each year, commencing on August 11, 2013. Interest
on the 1.550% Senior Notes due 2018 wil accrue from the date of original issuance, expected to be February 11, 2013, and wil be payable on February 9 and
August 9 of each year, commencing on August 9, 2013. The 0.800% Senior Notes due 2016 wil mature on February 11, 2016, the 1.550% Senior Notes due
2018 wil mature on February 9, 2018, the 3.000% Senior Notes due 2023 wil mature on February 11, 2023, and the 4.500% Senior Notes due 2043 wil mature
on February 11, 2043.
We may redeem the 1.550% Senior Notes due 2018, the 3.000% Senior Notes due 2023, and the 4.500% Senior Notes due 2043, in whole or in part, at
any time at the redemption prices as described under "Description of the Notes -- Optional Redemption."
We wil not have the right to redeem the 0.800% Senior Notes due 2016 prior to their maturity.
The notes wil be senior unsecured indebtedness of Berkshire Hathaway Inc. and wil rank equal y with all of its other existing and future senior unsecured
indebtedness.
The notes wil not be listed on any securities exchange. Currently, there is no public market for the notes.
The risks involved in investing in our debt securities are described in the "Risk Factors" section on page S-6 of this prospectus supplement.

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of the notes or passed
upon the adequacy or accuracy of this prospectus. Any representation to the contrary is a criminal offense.

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Per 0.800%
Per 1.550%
Per 3.000%
Per 4.500%
Senior Note
Senior Note
Senior Note
Senior Note

due 2016
due 2018
due 2023
due 2043
Total

Initial public offering price(1)

99.991%

99.861%

99.154%

98.686%

$2,581,491,000
Underwriting discount

0.200%

0.325%

0.425%

0.750%

$
12,825,000
Proceeds, before expenses, to Berkshire Hathaway
Inc.

99.791%

99.536%

98.729%

97.936%

$2,568,666,000

(1) Plus accrued interest from February 11, 2013, if delivery of the notes occurs after such date.

The underwriters expect to deliver the notes to purchasers through the book-entry delivery system of The Depository Trust Company and its participants,
including Euroclear Bank S.A./N.V. and Clearstream Banking, société anonyme, on or about February 11, 2013.

Goldman, Sachs & Co.

Wells Fargo Securities

Prospectus Supplement dated January 29, 2013
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TABLE OF CONTENTS
Prospectus Supplement

Page
Forward-Looking Information

S-i

About this Prospectus Supplement

S-i

Summary

S-1

Risk Factors

S-6

Use of Proceeds

S-7

Description of the Notes

S-8

Material United States Federal Income and Estate Tax Considerations

S-15
Underwriting

S-19
Legal Matters

S-23
Experts

S-23
Prospectus

Page
Forward-Looking Information

i

About This Prospectus

1

Where You Can Find More Information

1

Incorporation By Reference

2

Risk Factors

4

Use of Proceeds

5

Description of the Debt Securities

6

Plan of Distribution

10

Legal Matters

11

Experts

11

You should read this prospectus supplement, the accompanying prospectus and any related free writing prospectus we file with the Securities and
Exchange Commission (the "SEC") carefully before you invest in the notes. This document contains or incorporates by reference important
information you should consider before making your investment decision. You should rely only on the information contained or incorporated by
reference in this prospectus supplement, the accompanying prospectus and any such free writing prospectus. We have not, and the underwriters
have not, authorized anyone else to provide you with any different or additional information. You should not assume that the information contained in
this prospectus supplement, the accompanying prospectus (as updated by this prospectus supplement) or any such free writing prospectus is
accurate as of any date other than their respective dates, or that the information we previously filed with the SEC and incorporated by reference in
this prospectus supplement or the accompanying prospectus is accurate as of any date other than the date of the document incorporated by
reference. Our business, financial condition, results of operations and prospects may have changed since those dates.
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FORWARD-LOOKING INFORMATION
Certain statements contained, or incorporated by reference, in this prospectus supplement are "forward-looking" statements within the meaning of the
Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements that are predictive in nature, that depend upon or refer to future
events or conditions, that include words such as "expects," "anticipates," "intends," "plans," "believes," "estimates," or similar expressions. In addition, any
statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible
future actions by us, which may be provided by management are also forward-looking statements as defined by the Private Securities Litigation Reform Act of
1995. Forward-looking statements are based on current expectations and projections about future events and are subject to risks, uncertainties, and assumptions
about us, economic and market factors and the industries in which they do business, among other things. These statements are not guarantees of future
performance and we have no specific intention to update these statements.
Actual events and results may differ material y from those expressed or forecasted in forward-looking statements due to a number of factors. The principal
important risk factors that could cause our actual performance and future events and actions to differ material y from such forward-looking statements, include,
but are not limited to, continuing volatility in the capital or credit markets and other changes in the securities and capital markets, changes in market prices of our
investments in fixed maturity and equity securities, losses realized from derivative contracts, the occurrence of one or more catastrophic events, such as an
earthquake, hurricane, or act of terrorism that causes losses insured by our insurance subsidiaries, changes in laws or regulations, changes in federal income tax
laws, and changes in general economic and market factors that affect the prices of securities or the industries in which we and our affiliates do business.
Unless required by law, we undertake no obligation to publicly update or revise any forward-looking statements to reflect events or developments after the
date of this prospectus supplement.
ABOUT THIS PROSPECTUS SUPPLEMENT
This document is in two parts. The first part is this prospectus supplement, which describes the terms of the offering of the notes and also adds to and
updates information contained in the accompanying prospectus and the documents incorporated by reference into this prospectus supplement and the
accompanying prospectus. The second part is the accompanying prospectus, which provides more general information. To the extent there is a conflict between
the information contained in this prospectus supplement, on the one hand, and the information contained in the accompanying prospectus or any document
incorporated herein and therein by reference, on the other hand, you should rely on the information contained in this prospectus supplement.
The information in this prospectus supplement is not complete and may be changed. You should rely only on the information provided in or incorporated by
reference in this prospectus supplement, the accompanying prospectus, or documents to which we otherwise refer you. We are not making an offer of these
securities in any jurisdiction where the offer or sale is not permitted. You should assume that the information appearing in this prospectus supplement and the
accompanying prospectus, as wel as information we have filed or wil file with the SEC and incorporated by reference in this prospectus supplement and
accompanying prospectus, is accurate only as of the date of the applicable document or other date referred to in that document. Our business, financial condition,
and results of operations may have changed since that date.
In this prospectus supplement, unless otherwise specified or the context otherwise implies, references to "dollars" and "$" are to U.S. dol ars. Unless we
indicate otherwise or unless the context

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requires otherwise, all references in this prospectus supplement to "Berkshire," "we," "us," "our," or similar references are to Berkshire Hathaway Inc. including its
consolidated subsidiaries.
This prospectus supplement is based on information provided by us and by other sources that we believe are reliable. We cannot assure you that the
information from other sources is accurate or complete. This prospectus supplement summarizes certain documents and other information and we refer you to
them for a more complete understanding of what we discuss in this prospectus supplement.

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SUMMARY
The following summary is qualified in its entirety by the more detailed information included elsewhere in or incorporated by reference into this
prospectus supplement or the accompanying prospectus. Because this is a summary, it does not contain all the information that may be important to you.
You should carefully read the entire prospectus supplement and the accompanying prospectus, together with documents incorporated by reference, in
their entirety before making an investment decision.
About Berkshire Hathaway Inc.
We are incorporated in Delaware and are a holding company owning subsidiaries that engage in a number of diverse business activities including
insurance and reinsurance, freight rail transportation, utilities and energy, finance, manufacturing, services and retailing. Included in the group of subsidiaries
that underwrite insurance and reinsurance is GEICO, the third largest private passenger auto insurer in the United States and two of the largest reinsurers in
the world, General Re and the Berkshire Hathaway Reinsurance Group. Other subsidiaries that underwrite property and casualty insurance include National
Indemnity Company, Columbia Insurance Company, National Fire & Marine Insurance Company, National Liability and Fire Insurance Company, Berkshire
Hathaway Homestate Insurance Company, Medical Protective Company, Applied Underwriters, U.S. Liability Insurance Company, Central States Indemnity
Company, Kansas Bankers Surety, Cypress Insurance Company, Boat U.S. and the Guard Insurance Company.
Burlington Northern Santa Fe, LLC ("BNSF") is a holding company that, through its subsidiaries, is engaged primarily in the freight rail transportation
business. BNSF's rail operations make up one of the largest railroad systems in North America. MidAmerican Energy Holdings Company ("MidAmerican") is
an international energy holding company owning a wide variety of operating companies engaged in the generation, transmission and distribution of energy.
Among MidAmerican's operating energy companies are Northern Powergrid; MidAmerican Energy Company; PacifiCorp Energy; Pacific Power and Rocky
Mountain Power; and Kern River Gas Transmission Company and Northern Natural Gas. In addition, MidAmerican owns HomeServices of America, a real
estate brokerage firm. Our finance and financial products businesses primarily engage in proprietary investing strategies (BH Finance), consumer lending
(Clayton Homes, Inc.) and transportation equipment and furniture leasing (XTRA and CORT). McLane Company is a wholesale distributor of groceries and
nonfood items to discount retailers, convenience stores, quick service restaurants and others. The Marmon Group is an international association of
approximately 150 manufacturing and service businesses that operate independently within diverse business sectors. The Lubrizol Corporation is a specialty
chemical company that produces and supplies chemical products for transportation, industrial and consumer markets.
Numerous business activities are conducted through our other manufacturing, services and retailing subsidiaries. Shaw Industries is the world's largest
manufacturer of tufted broadloom carpet. Benjamin Moore is a formulator, manufacturer and retailer of architectural and industrial coatings. Johns Manville is
a leading manufacturer of insulation and building products. Acme Building Brands is a manufacturer of face brick and concrete masonry products. MiTek Inc.
produces steel connector products and engineering software for the building components market. Fruit of the Loom, Russell Athletic, Vanity Fair, Garan,
Fechheimer, H.H. Brown Shoe Group, Justin Brands, and Brooks manufacture, license and distribute apparel and footwear under a variety of brand names.
FlightSafety International provides training to aircraft operators. NetJets provides fractional ownership programs for general aviation aircraft. Nebraska
Furniture Mart, R.C. Wil ey Home Furnishings, Star Furniture and Jordan's Furniture are retailers of home furnishings. Borsheims, Helzberg Diamond Shops
and Ben Bridge Jeweler are retailers of fine jewelry.

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In addition, other manufacturing, service and retail businesses include: Buffalo News and the BH Media Group, publishers of daily and Sunday
newspapers; See's Candies, a manufacturer and seller of boxed chocolates and other confectionery products; Scott Fetzer, a diversified manufacturer and
distributor of commercial and industrial products; Larson-Juhl, a designer, manufacturer and distributor of high-quality picture framing products; CTB
International, a manufacturer of equipment for the livestock and agricultural industries; International Dairy Queen, a licensor and service provider to about
6,100 stores that offer prepared dairy treats and food; The Pampered Chef, the premier direct seller of kitchen tools in the United States; Forest River, a
leading manufacturer of leisure vehicles in the United States; Business Wire, the leading global distributor of corporate news, multimedia and regulatory
filings; Iscar Metalworking Companies, an industry leader in the metal cutting tools business; TTI, Inc., a leading distributor of electronic components;
Richline Group, a leading jewelry manufacturer; and Oriental Trading Company, a direct retailer of party supplies and novelties.
Operating decisions for our various businesses are made by managers of the business units. Investment decisions and al other capital allocation
decisions are made for us and our subsidiaries by Warren E. Buffett, in consultation with Charles T. Munger. Mr. Buffett is Chairman and Mr. Munger is Vice
Chairman of Berkshire's Board of Directors. Our businesses collectively employ approximately 288,000 people.
Our executive offices are located at 3555 Farnam Street, Omaha, Nebraska 68131, and our telephone number is (402) 346-1400.

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The Offering

Issuer
Berkshire Hathaway Inc.

Securities Offered
$300,000,000 aggregate principal amount of 0.800% Senior Notes due 2016.

$800,000,000 aggregate principal amount of 1.550% Senior Notes due 2018.

$500,000,000 aggregate principal amount of 3.000% Senior Notes due 2023.

$1,000,000,000 aggregate principal amount of 4.500% Senior Notes due 2043.

Offering Price
99.991% in respect of the 0.800% Senior Notes due 2016. 99.861% in respect of the 1.550%
Senior Notes due 2018. 99.154% in respect of the 3.000% Senior Notes due 2023. 98.686% in
respect of the 4.500% Senior Notes due 2043.

Maturity Date
February 11, 2016, in respect of the 0.800% Senior Notes due 2016. February 9, 2018, in
respect of the 1.550% Senior Notes due 2018. February 11, 2023, in respect of the 3.000%
Senior Notes due 2023. February 11, 2043, in respect of the 4.500% Senior Notes due 2043.

Interest
The 0.800% Senior Notes due 2016 wil bear interest at a rate per annum equal to 0.800%
payable semi-annual y in arrears on February 11 and August 11 of each year, commencing on
August 11, 2013.

The 1.550% Senior Notes due 2018 wil bear interest at a rate per annum equal to 1.550%

payable semi-annual y in arrears on February 9 and August 9 of each year, commencing on
August 9, 2013.

The 3.000% Senior Notes due 2023 wil bear interest at a rate per annum equal to 3.000%

payable semi-annual y in arrears on February 11 and August 11 of each year, commencing on
August 11, 2013.

The 4.500% Senior Notes due 2043 wil bear interest at a rate per annum equal to 4.500%

payable semi-annual y in arrears on February 11 and August 11 of each year, commencing on
August 11, 2013.

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Ranking
The notes wil be our unsecured senior obligations, wil rank pari passu in right of payment with all
of our unsubordinated, unsecured indebtedness and wil be senior in right of payment to all of our
subordinated indebtedness. As of September 30, 2012, we had no secured indebtedness and
$8.3 bil ion of indebtedness, and our subsidiaries had $54.2 bil ion of indebtedness.

Redemption
We wil have the option to redeem the 1.550% Senior Notes due 2018, the 3.000% Senior Notes
due 2023, and the 4.500% Senior Notes due 2043, in whole or in part, at any time at a
redemption price equal to the greater of (A) 100% of the principal amount of the notes to be
redeemed or (B) as determined by the quotation agent and as described herein under
"Description of the Notes Optional Redemption," the sum of the present values of the remaining
scheduled payments of principal and interest on the notes to be redeemed, not including any
portion of such payments of interest accrued as of the date on which the notes are to be
redeemed, discounted to the date on which the notes are to be redeemed on a semi-annual
basis, assuming a 360-day year consisting of twelve 30-day months, at the adjusted treasury
rate described herein under "Description of the Notes--Optional Redemption" plus 12.5 basis
points with respect to the 1.550% Senior Notes due 2018, 15 basis points with respect to the
3.000% Senior Notes due 2023, or 20 basis points with respect to the 4.500% Senior Notes due
2043, in each case, plus accrued interest to the date on which the notes are to be redeemed.
We wil not have the right to redeem the 0.800% Senior Notes due 2016 prior to maturity.

Repayment
The notes wil not be repayable at the option of the holder prior to maturity.

Sinking Fund
The notes are not subject to a sinking fund provision.

Form and Denomination
The Depository Trust Company ("DTC") wil act as securities depositary for the notes, which wil
be issued only as ful y registered global securities registered in the name of DTC or its nominee
for credit to an account of a direct or indirect participant in DTC, except in certain circumstances.
One or more ful y registered global notes wil be issued to DTC for the notes. The notes wil be
issued in minimum denominations of $2,000 and integral multiples of $1,000 in excess thereof.

Use of Proceeds
We expect to use the proceeds of this offering to repay our 2.125% Senior Notes due 2013 and
having an aggregate principal amount of $1.4 bil ion and our Floating Rate Notes due 2013 and
having an aggregate principal amount of $1.2 bil ion, each at 100% of the principal amount
thereof plus

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