Berkshire Hathaway reports Q4 operating earnings $6.71B vs. $7.29B last year

Berkshire Hathaway reported Q4 operating earnings that totaled $6.71B in Q4 vs. $7.29B in the year-earlier period; insurance-investment income of $2.0B, up from $1.2B a year earlier; earnings from utilities and energy businesses of $739M, up from $598M year-over-year; railroad earnings of $1.47B, down from $1.69B in 2021. Additionally, Berkshire posted net earnings of $18.16B in Q4 compared to $39.6B a year earlier. The company also said it spent $2.6B in share repurchases in Q4.