<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
NEWPORT NEWS SHIPBUILDING, INC.
(Name of Issuer)
Common Stock, $0.01 Par Value
(Title of Class of Securities)
652228107
(CUSIP Number)
February 10, 2000
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this schedule
is filed:
/ / Rule 13d-1(b)
/X/ 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 ("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).
<PAGE>
- -------------------------------------------------------------------------------
CUSIP No.: 652228107
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
Cascade Investment L.L.C.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
----------------
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Washington
- -------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF SHARES -0-
BENEFICIALLY -----------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 2,562,900
PERSON -----------------------------------
WITH 7 SOLE DISPOSITIVE POWER
-0-
-----------------------------------
8 SHARED DISPOSITIVE POWER
2,562,900
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,562,900
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES[ ]
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7.8%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
CO
- -------------------------------------------------------------------------------
2
<PAGE>
- -------------------------------------------------------------------------------
CUSIP No.: 652228107
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
William H. Gates III
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
----------------
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- -------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF SHARES -0-
BENEFICIALLY -----------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 2,562,900
PERSON -----------------------------------
WITH 7 SOLE DISPOSITIVE POWER
-0-
-----------------------------------
8 SHARED DISPOSITIVE POWER
2,562,900
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,562,900
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES[ ]
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7.8%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN
- -------------------------------------------------------------------------------
3
<PAGE>
Item 1.
(a) NAME OF ISSUER: Newport News Shipbuilding, Inc. (the
"Issuer")
(b) ADDRESS OF PRINCIPAL EXECUTIVE OFFICES OF THE ISSUER: 4101
Washington Avenue, Newport News, VA 23607.
Item 2.
(a) NAME OF PERSONS FILING:
(1) Cascade Investment LLC, a limited liability company
organized under the laws of the State of Washington.
(2) William H. Gates III.
(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE:
(1) 2365 Carillon Point, Kirkland, Washington 98033.
(2) One Microsoft Way, Redmond, WA 98052.
(c) CITIZENSHIP:
(1) Cascade Investment LLC is a limited liability company
organized under the laws of the State of Washington.
(2) William H. Gates III is a citizen of the United States of
America.
(d) TITLE OF CLASS OF SECURITIES: Common Stock, $0.01 Par Value.
(e) CUSIP NUMBER: 652228107
Item 3. Not Applicable.
Item 4. OWNERSHIP.
(a) AMOUNT BENEFICIALLY OWNED: 2,562,900
(b) PERCENT OF CLASS: 7.8%
(c) NUMBER OF SHARES AS TO WHICH THE PERSON HAS:
(i) Sole power to vote or to direct the vote
-0-.
(ii) Shared power to vote or to direct the vote
2,562,900.*
(iii) Sole power to dispose or to direct the disposition of
-0-.
(iv) Shared power to dispose or to direct the disposition of
2,562,900.*
* All shares may be deemed to be beneficially owned by William
H. Gates III as the sole member of Cascade Investment LLC.
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:
Not Applicable.
Item 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP: Not
Applicable.
Item 9. NOTICE OF DISSOLUTION OF A GROUP: Not Applicable.
4
<PAGE>
Item 10. CERTIFICATION:
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above 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.
SIGNATURE
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.
February 18, 2000
-----------------
Date
Cascade Investment L.L.C.
By: /s/ Michael Larson
-------------------------
Michael Larson, Manager
By: William H. Gates III
By: /s/ William H. Gates III
by Michael Larson
-------------------------
Michael Larson
as Manager of Cascade Investment LLC and on behalf of
William H. Gates III. Duly authorized under power of
attorney dated March 31, 1999, by and on behalf of William
H. Gates III, filed with the Securities and Exchange
Commission on April 19, 1999, SEC File Number 005-52635.
JOINT FILING AGREEMENT
We, the signatories of the statement to which this Joint Filing Agreement is
attached, hereby agree that such statement is filed, and any amendments thereto
filed by either or both of us will be filed, on behalf of each of us.
DATED: February 18, 2000.
CASCADE INVESTMENT L.L.C.
BY: /s/ Michael Larson
-------------------------
Michael Larson, Manager
BY: WILLIAM H. GATES III
BY: /s/ William H. Gates III
by Michael Larson as
attorney-in-fact
-----------------------
Michael Larson*
* Duly authorized under power of attorney dated March 31, 1999, by and on behalf
of William H. Gates III, filed with the Securities and Exchange Commission on
April 19, 1999, SEC File Number 005-52635.
5
