0001193125-15-313059.txt : 20150904 0001193125-15-313059.hdr.sgml : 20150904 20150904161600 ACCESSION NUMBER: 0001193125-15-313059 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20150904 DATE AS OF CHANGE: 20150904 GROUP MEMBERS: BERKSHIRE HATHAWAY INC. GROUP MEMBERS: FLIGHTSAFETY INTERNATIONAL INC. RETIREMENT INCOME PLAN GROUP MEMBERS: FRUIT OF THE LOOM PENSION TRUST GROUP MEMBERS: GEICO CORP PENSION PLAN TRUST GROUP MEMBERS: GENERAL RE CORP. EMPLOYEE RETIREMENT TRUST GROUP MEMBERS: JOHNS MANVILLE CORP MASTER PENSION TRUST GROUP MEMBERS: NATIONAL INDEMNITY CO SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Phillips 66 CENTRAL INDEX KEY: 0001534701 STANDARD INDUSTRIAL CLASSIFICATION: PETROLEUM REFINING [2911] IRS NUMBER: 453779385 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-87179 FILM NUMBER: 151094770 BUSINESS ADDRESS: STREET 1: 3010 BRIARPARK DRIVE CITY: HOUSTON STATE: TX ZIP: 77042 BUSINESS PHONE: 281-293-6600 MAIL ADDRESS: STREET 1: 3010 BRIARPARK DRIVE CITY: HOUSTON STATE: TX ZIP: 77042 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BUFFETT WARREN E CENTRAL INDEX KEY: 0000315090 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 3555 FARNAM ST STREET 2: STE 1440 CITY: OMAHA STATE: NE ZIP: 68131 BUSINESS PHONE: 402-346-1400 MAIL ADDRESS: STREET 1: 3555 FARNAM ST STREET 2: STE 1440 CITY: OMAHA STATE: NE ZIP: 68131 SC 13G 1 d87248dsc13g.htm SC 13G SC 13G

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

SCHEDULE 13G

(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO § 240.13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED

PURSUANT TO § 240.13d-2

(Amendment No.     )

 

 

PHILLIPS 66

(Name of Issuer)

COMMON STOCK

(Title of Class of Securities)

718546104

(CUSIP Number)

August 25, 2015

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

x  Rule 13d-1 (b)

¨  Rule 13d-1 (c)

¨  Rule 13d-1 (d)

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes.)

 

 

 


CUSIP No.    718546104   13G   Page 2 of 15 Pages

 

  1   

NAME OF REPORTING PERSON

 

Warren E. Buffett

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  x        (b)  ¨

 

  3  

SEC USE ONLY

 

    

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States Citizen

NUMBER OF 

SHARES 

BENEFICIALLY 

OWNED BY 

EACH 

REPORTING 

PERSON 

WITH 

     5    

SOLE VOTING POWER

 

NONE

     6       

SHARED VOTING POWER

 

57,975,456 shares of Common Stock

     7       

SOLE DISPOSITIVE POWER

 

NONE

     8       

SHARED DISPOSITIVE POWER

 

57,975,456 shares of Common Stock

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

57,975,456 shares of Common Stock

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ¨

 

Not Applicable.

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

10.8%

12  

TYPE OF REPORTING PERSON

 

IN


CUSIP No.    718546104   13G   Page 3 of 15 Pages

 

  1   

NAME OF REPORTING PERSON

 

Berkshire Hathaway Inc.

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  x        (b)  ¨

 

  3  

SEC USE ONLY

 

    

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

State of Delaware

NUMBER OF 

SHARES 

BENEFICIALLY 

OWNED BY 

EACH 

REPORTING 

PERSON 

WITH 

     5    

SOLE VOTING POWER

 

NONE

     6       

SHARED VOTING POWER

 

57,975,456 shares of Common Stock

     7       

SOLE DISPOSITIVE POWER

 

NONE

     8       

SHARED DISPOSITIVE POWER

 

57,975,456 shares of Common Stock

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

57,975,456 shares of Common Stock

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ¨

 

Not applicable.

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

10.8%

12  

TYPE OF REPORTING PERSON

 

HC, CO


CUSIP No.    718546104   13G   Page 4 of 15 Pages

 

  1   

NAME OF REPORTING PERSON

 

National Indemnity Company

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  x        (b)  ¨

 

  3  

SEC USE ONLY

 

    

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

State of Nebraska

NUMBER OF 

SHARES 

BENEFICIALLY 

OWNED BY 

EACH 

REPORTING 

PERSON 

WITH 

     5    

SOLE VOTING POWER

 

NONE

     6       

SHARED VOTING POWER

 

51,873,456 shares of Common Stock

     7       

SOLE DISPOSITIVE POWER

 

NONE

     8       

SHARED DISPOSITIVE POWER

 

51,873,456 shares of Common Stock

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

51,873,456 shares of Common Stock

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ¨

 

Not applicable.

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

9.6%

12  

TYPE OF REPORTING PERSON

 

IC, CO


CUSIP No.    718546104   13G   Page 5 of 15 Pages

 

  1   

NAME OF REPORTING PERSON

 

Fruit of the Loom Pension Trust

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  x        (b)  ¨

 

  3  

SEC USE ONLY

 

    

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

State of Kentucky

NUMBER OF 

SHARES 

BENEFICIALLY 

OWNED BY 

EACH 

REPORTING 

PERSON 

WITH 

     5    

SOLE VOTING POWER

 

NONE

     6       

SHARED VOTING POWER

 

921,300 shares of Common Stock

     7       

SOLE DISPOSITIVE POWER

 

NONE

     8       

SHARED DISPOSITIVE POWER

 

921,300 shares of Common Stock

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

921,300 shares of Common Stock

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ¨

 

Not applicable.

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

0.2%

12  

TYPE OF REPORTING PERSON

 

EP


CUSIP No.    718546104   13G   Page 6 of 15 Pages

 

  1   

NAME OF REPORTING PERSON

 

FlightSafety International Inc. Retirement Income Plan

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  x        (b)  ¨

 

  3  

SEC USE ONLY

 

    

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

State of New York

NUMBER OF 

SHARES 

BENEFICIALLY 

OWNED BY 

EACH 

REPORTING 

PERSON 

WITH 

     5    

SOLE VOTING POWER

 

NONE

     6       

SHARED VOTING POWER

 

350,000 shares of Common Stock

     7       

SOLE DISPOSITIVE POWER

 

NONE

     8       

SHARED DISPOSITIVE POWER

 

350,000 shares of Common Stock

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

350,000 shares of Common Stock

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ¨

 

Not applicable.

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

0.1%

12  

TYPE OF REPORTING PERSON

 

EP


CUSIP No.    718546104   13G   Page 7 of 15 Pages

 

  1   

NAME OF REPORTING PERSON

 

GEICO Corporation Pension Plan Trust

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  x        (b)  ¨

 

  3  

SEC USE ONLY

 

    

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

State of Maryland

NUMBER OF 

SHARES 

BENEFICIALLY 

OWNED BY 

EACH 

REPORTING 

PERSON 

WITH 

     5    

SOLE VOTING POWER

 

NONE

     6       

SHARED VOTING POWER

 

2,499,700 shares of Common Stock

     7       

SOLE DISPOSITIVE POWER

 

NONE

     8       

SHARED DISPOSITIVE POWER

 

2,499,700 shares of Common Stock

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,499,700 shares of Common Stock

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ¨

 

Not applicable.

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

0.5%

12  

TYPE OF REPORTING PERSON

 

EP


CUSIP No.    718546104   13G   Page 8 of 15 Pages

 

  1   

NAME OF REPORTING PERSON

 

Johns Manville Corporation Master Pension Trust

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  x        (b)  ¨

 

  3  

SEC USE ONLY

 

    

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

State of Colorado

NUMBER OF 

SHARES 

BENEFICIALLY 

OWNED BY 

EACH 

REPORTING 

PERSON 

WITH 

     5    

SOLE VOTING POWER

 

NONE

     6       

SHARED VOTING POWER

 

2,187,000 shares of Common Stock

     7       

SOLE DISPOSITIVE POWER

 

NONE

     8       

SHARED DISPOSITIVE POWER

 

2,187,000 shares of Common Stock

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,187,000 shares of Common Stock

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ¨

 

Not applicable.

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

0.4%

12  

TYPE OF REPORTING PERSON

 

EP


CUSIP No.    718546104   13G   Page 9 of 15 Pages

 

  1   

NAME OF REPORTING PERSON

 

General Re Corp. Employee Retirement Trust

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  x        (b)  ¨

 

  3  

SEC USE ONLY

 

    

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

State of Connecticut

NUMBER OF 

SHARES 

BENEFICIALLY 

OWNED BY 

EACH 

REPORTING 

PERSON 

WITH 

     5    

SOLE VOTING POWER

 

NONE

     6       

SHARED VOTING POWER

 

144,000 shares of Common Stock

     7       

SOLE DISPOSITIVE POWER

 

NONE

     8       

SHARED DISPOSITIVE POWER

 

144,000 shares of Common Stock

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

144,000 shares of Common Stock

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ¨

 

Not applicable.

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

Less than 0.1%

12  

TYPE OF REPORTING PERSON

 

EP


 

Page 10 of 15 Pages

SCHEDULE 13G

Item 1.

 

  (a) Name of Issuer
    Phillips 66

 

  (b) Address of Issuer’s Principal Executive Offices
    3010 Briarpark Drive, Houston, TX 77042

 

Item 2(a). Name of Person Filing:

 

Item 2(b). Address of Principal Business Office:

 

Item 2(c). Citizenship:

 

Warren E. Buffett

3555 Farnam Street

Omaha, Nebraska 68131

United States Citizen

  

Berkshire Hathaway Inc.

3555 Farnam Street

Omaha, Nebraska 68131

Delaware Corporation

National Indemnity Company

3024 Harney Street

Omaha, Nebraska 68131

Nebraska Corporation

  

General Re Corp. Employee Retirement Trust

120 Long Ridge Road

Stamford, CT 06902

Connecticut

Fruit of the Loom Pension Trust

c/o Fruit of the Loom Corporation

One Fruit of the Loom Drive

Bowling Green, KY 42103

Kentucky

  

FlightSafety International Inc. Retirement Income Plan

c/o FlightSafety International Inc.

LaGuardia Airport

Marine Air Terminal

Flushing, NY 11371

New York

GEICO Corporation Pension Plan Trust

c/o GEICO Corporation

One Geico Plaza

Washington, DC 20076

Maryland

  

Johns Manville Corporation Master Pension Trust

c/o Johns Manville Corporation

717 17th Street

Denver, CO 80202

Colorado

 

  (d) Title of Class of Securities

 

    Common Stock

 

  (e) CUSIP Number

 

    718546104

 

Item 3. If this statement is filed pursuant to § 240.13d-1(b), or § 240.13d-2(b) or (c), check whether the person filing is a:

Warren E. Buffett (an individual who may be deemed to control Berkshire Hathaway Inc.) and Berkshire Hathaway are each a Parent Holding Company or Control Person, in accordance with § 240.13d-1(b)(1)(ii)(G).

National Indemnity Company is an Insurance Company as defined in section 3(a)(19) of the Act.

FlightSafety International Inc. Retirement Income Plan, Fruit of the Loom Pension Trust, GEICO Corporation Pension Plan Trust, Johns Manville Corporation Master Pension Trust, and General Re Corp. Employee Retirement Trust are each an Employee Benefit Plan in accordance with § 240.13d-1(b)(1)(ii)(F).

The Reporting Persons together are a group in accordance with § 240.13d-1(b)(i)(ii)(K).


 

Page 11 of 15 Pages

Item 4. Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

  (a) Amount beneficially Owned
    See the Cover Pages for each of the Reporting Persons.

 

  (b) Percent of Class
    See the Cover Pages for each of the Reporting Persons.

 

  (c) Number of shares as to which such person has:
(i)        sole power to vote or to direct the vote
(ii)        shared power to vote or to direct the vote
(iii)        sole power to dispose or to direct the disposition of
(iv)        shared power to dispose or to direct the disposition of
    See the Cover Pages for each of the Reporting Persons.

 

Item 5. Ownership of Five Percent or Less of a Class.

Not Applicable.

 

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

Not Applicable.

 

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.

See Exhibit A.

 

Item 8. Identification and Classification of Members of the Group.

Not Applicable.

 

Item 9. Notice of Dissolution of Group.

Not Applicable.

 

Item 10. Certification.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.


 

Page 12 of 15 Pages

SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated this 4th day of September, 2015

 

/s/ Warren E. Buffett
Warren E. Buffett
BERKSHIRE HATHAWAY INC.
By:   /s/ Warren E. Buffett
  Warren E. Buffett
  Chairman of the Board
NATIONAL INDEMNITY COMPANY, FRUIT OF THE LOOM PENSION TRUST, FLIGHTSAFETY INTERNATIONAL INC. RETIREMENT INCOME PLAN, GEICO CORPORATION PENSION PLAN TRUST, JOHNS MANVILLE CORPORATION MASTER PENSION TRUST, GENERAL RE CORP. EMPLOYEE RETIREMENT TRUST
By:   /s/ Warren E. Buffett
 

Warren E. Buffett

Attorney-in-Fact


SCHEDULE 13G

EXHIBIT A

RELEVANT SUBSIDIARIES AND MEMBERS OF FILING GROUP

PARENT HOLDING COMPANIES OR CONTROL PERSONS:

Warren E. Buffett (an individual who may be deemed to control Berkshire Hathaway Inc.)

Berkshire Hathaway Inc.

INSURANCE COMPANIES AS DEFINED IN SECTION 3(a)(19) OF THE ACT:

National Indemnity Company

EMPLOYEE BENEFIT PLANS IN ACCORDANCE WITH § 240.13d-1-(b)(1)(ii)(F)

Fruit of the Loom Pension Trust

FlightSafety International Inc. Retirement Income Plan

GEICO Corporation Pension Plan Trust

Johns Manville Corporation Master Pension Trust

General Re Corp. Employee Retirement Trust

 


SCHEDULE 13G

EXHIBIT B

JOINT FILING AGREEMENT PURSUANT TO RULE 13d-1(k)(1)

The undersigned persons hereby agree that reports on Schedule 13G, and amendments thereto, with respect to the Common Stock of Phillips 66. may be filed in a single statement on behalf of each of such persons, and further, each of such persons designates Warren E. Buffett as its agent and Attorney-in-Fact for the purpose of executing any and all Schedule 13G filings required to be made by it with the Securities and Exchange Commission.

 

Dated: September 4, 2015      

/S/ Warren E. Buffett

      Warren E. Buffett
      Berkshire Hathaway Inc.
Dated: September 4, 2015      

/S/ Warren E. Buffett

    By:   Warren E. Buffett
    Title:   Chairman of the Board
      National Indemnity Company
Dated: September 4, 2015      

/S/ Marc D. Hamburg

    By:   Marc D. Hamburg
    Title:   Chairman of the Board
      Fruit of the Loom Pension Trust
Dated: September 4, 2015      

/S/ Rick Medin

    By:   Rick Medlin
    Title:   President and Chief Executive Officer,
      Fruit of the Loom Corporation
      FlightSafety International Inc. Retirement Income Plan
Dated: September 4, 2015      

/S/ Bruce Whitman

    By:   Bruce Whitman
    Title:   President and Chief Executive Officer, FlightSafety
      International Inc.
      GEICO Corporation Pension Plan Trust
Dated: September 4, 2015      

/S/ Michael H. Campbell

    By:   Michael H. Campbell
    Title:   Senior Vice President, GEICO Corporation


      Johns Manville Corporation Master Pension Trust
Dated: September 4, 2015      

/S/ Mary Rhinehart

    By:   Mary Rhinehart
    Title:   President and Chief Executive Officer, Johns Manville Corporation
      General Re Corp. Employee Retirement Trust
Dated: September 4, 2015      

/S/ Franklin Montross, IV

    By:   Franklin Montross, IV
    Title:   President and Chief Executive Officer, General Re Corporation