S&P Global Ratings affirmed its ratings on Berkshire Hathaway Inc., parent of Precision Castparts Corp., and removed them from CreditWatch with negative implications. Therefore, we are affirming our ratings on Precision Castparts and removing them from CreditWatch. The stable outlook reflects our expectations that credit ratios will remain appropriate for the rating as modest organic revenue growth resumes and the company continues to pursue acquisitions. On Aug. 22, 2017, S&P Global Ratings affirmed its 'AA-/A-1+' corporate credit ratings and unsecured issue-level ratings on Precision Castparts Corp. and removed them from CreditWatch, where we placed them with negative implications on July 7, 2017. The 'A-1+' commercial paper issue-level rating was not on CreditWatch and is affirmed. The outlook is stable. The
