Strong competitive position based on strong and excellent positions in a number of business segments Significant product and geographic diversity through a combination of insurance and noninsurance operations Excellent consolidated profitability Low industry and country risk, albeit with varying degrees of volatility, cyclicality, regulatory risk, and correlation among the various business segments Pro forma modest financial risk profile, including additional funding and assumption of debt related to the acquisition of Precision Castparts Corp. Exceptional liquidity supported by large cash balances Lack of dividend payments to shareholders and little to no share repurchases Significant appetite for acquisitions The stable outlook on Berkshire Hathaway Inc. (BRK) reflects S&P Global Ratings' expectation that the group will continue to report solid profitability metrics, significant
