<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)/1/
USG Corp.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
903293 40 5
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(CUSIP Number)
November 17, 2000
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(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)
(Continued on following pages)
___________________
/1/ 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).
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CUSIP No. 903293 40 5 13G Page 2 of 12 Pages
<TABLE>
<C> <S> <C>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Warren E. Buffett
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2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP* (A)[X]
(B)[ ]
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3 SEC USE ONLY
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4 CITIZEN OR PLACE OF ORGANIZATION
United States Citizen
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NUMBER OF 5 SOLE VOTING POWER
SHARES -0-
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BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 6,500,000
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EACH 7 SOLE DISPOSITIVE POWER
REPORTING -0-
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PERSON WITH 8 SHARED DISPOSITIVE POWER 6,500,000
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,500,000
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
[ ]
Not Applicable
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 14.98
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12 TYPE OF REPORTING PERSON
IN
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</TABLE>
Page 2 of 12
<PAGE>
Page 3 of 12 Pages 13G CUSIP No. 903293 40 5
<TABLE>
<C> <S> <C>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Berkshire Hathaway Inc.
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2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP* (A)[X]
(B)[ ]
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3 SEC USE ONLY
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4 CITIZEN OR PLACE OF ORGANIZATION
Delaware Corporation
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NUMBER OF 5 SOLE VOTING POWER
SHARES -0-
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BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 6,500,000
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EACH 7 SOLE DISPOSITIVE POWER
REPORTING -0-
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PERSON WITH 8 SHARED DISPOSITIVE POWER 6,500,000
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,500,000
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
[ ]
Not Applicable
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 14.98
---------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
HC, CO
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</TABLE>
Page 3 of 12
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CUSIP No. 903293 40 5 13G Page 4 of 12 Pages
<TABLE>
<C> <S> <C>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
OBH, Inc.
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2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP* (A)[X]
(B)[ ]
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3 SEC USE ONLY
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4 CITIZEN OR PLACE OF ORGANIZATION
Delaware Corporation
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NUMBER OF 5 SOLE VOTING POWER
SHARES -0-
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BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 6,500,000
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EACH 7 SOLE DISPOSITIVE POWER
REPORTING -0-
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PERSON WITH 8 SHARED DISPOSITIVE POWER 6,500,000
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,500,000
---------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
[ ]
Not Applicable
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 14.98
---------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
HC, CO
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</TABLE>
Page 4 of 12
<PAGE>
CUSIP No. 903293 40 5 13G Page 5 of 12 Pages
<TABLE>
<C> <S> <C>
1 NAME OF
REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
National Indemnity Company
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2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP* (A)[X]
(B)[ ]
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3 SEC USE ONLY
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4 CITIZEN OR PLACE OF ORGANIZATION
Nebraska Corporation
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NUMBER OF 5 SOLE VOTING POWER
SHARES -0-
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BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 6,500,000
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EACH 7 SOLE DISPOSITIVE POWER
REPORTING -0-
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PERSON WITH 8 SHARED DISPOSITIVE POWER 6,500,000
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,500,000
---------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
[ ]
Not Applicable
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 14.98
---------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IC, CO
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</TABLE>
Page 5 of 12
<PAGE>
Item 1(a). Name of Issuer:
USG Corp.
Item 1(b). Address of Issuer's Principal Executive Offices:
125 Franklin Street
Chicago, IL 60606
Item 2(a). Name of Persons Filing:
Item 2(b). Address of Principal Business Office:
Item 2(c). Citizenship:
Warren E. Buffett
1440 Kiewit Plaza
Omaha, Nebraska 68131
United States Citizen
Berkshire Hathaway Inc.
1440 Kiewit Plaza
Omaha, Nebraska 68131
Delaware Corporation
OBH, Inc.
1440 Kiewit Plaza
Omaha, Nebraska 68131
Delaware Corporation
National Indemnity Company
3024 Harney Street
Omaha, Nebraska 68131
Nebraska Corporation
Item 2(d). Title of Class of Securities:
Common Stock
Item 2(e). CUSIP Number:
903293 40 5
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b),
check whether the person filing is a:
(a) [ ] Broker or Dealer registered under Section 15 of the Act.
(b) [ ] Bank as defined in Section 3(a)(6) of the Act.
(c) [X] Insurance Company as defined in Section 3(a)(19) of the Act.
Page 6 of 12
<PAGE>
National Indemnity Company
(d) [ ] Investment Company registered under Section 8 of the Investment
Company Act of 1940.
(e) [ ] An investment advisor registered in accordance with Rule 13d-
1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance with Rule
13d-1(b)(1)(ii)(F);
(g) [X] A parent holding company or control person in accordance with Rule
13d-1(b)(ii)(G);
OBH, Inc.
Berkshire Hathaway Inc.
Warren E. Buffett (an individual who may be
deemed to control Berkshire Hathaway Inc.)
(h) [ ] A savings association as defined in Section 3(b) of the Federal
Deposit Insurance Act;
(i) [ ] A church plan that is excluded from the definition of an investment
company under Section 3(c)(14) of the Investment Company Act;
(j) [X] Group in accordance with Rule 13d-1(b)(1)(ii)(J).
See Exhibit A
If this statement is filed pursuant to Rule 13d-1(c), check this box. [ ]
Item 4. Ownership
Warren E. Buffett
(a) Amount Beneficially Owned:
6,500,000
(b) Percent of Class:
14.98
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
-0-
(ii) shared power to vote or to direct the vote:
6,500,000
Page 7 of 12
<PAGE>
(iii) sole power to dispose or direct the
disposition of:
-0-
(iv) shared power to dispose or to direct the disposition of:
6,500,000
Berkshire Hathaway Inc.
(a) Amount Beneficially Owned:
6,500,000
(b) Percent of Class:
14.98
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
-0-
(ii) shared power to vote or to direct the vote:
6,500,000
(iii) sole power to dispose or direct the
disposition of:
-0-
(iv) shared power to dispose or to direct the disposition of:
6,500,000
OBH, Inc.
(a) Amount Beneficially Owned:
6,500,000
(b) Percent of Class:
14.98
Page 8 of 12
<PAGE>
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
-0-
(ii) shared power to vote or to direct the vote:
6,500,000
(iii) sole power to dispose or direct the
disposition of:
-0-
(iv) shared power to dispose or to direct the disposition of:
6,500,000
National Indemnity Company
(a) Amount Beneficially Owned:
6,500,000
(b) Percent of Class:
14.98
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
-0-
(ii) shared power to vote or to direct the vote:
6,500,000
(iii) sole power to dispose or direct the
disposition of:
-0-
(iv) shared power to dispose or to direct the disposition of:
6,500,000
Page 9 of 12
<PAGE>
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.
Item 8. Identification and Classification of Members of the Group.
See Exhibit A
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 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 such purpose or effect.
Page 10 of 12
<PAGE>
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.
Dated this 27th day of November, 2000
/s/ Warren E. Buffett
------------------------------
Warren E. Buffett
BERKSHIRE HATHAWAY INC. OBH, INC.
By: /s/ Warren E. Buffett By: /s/ Warren E. Buffett
_______________________ _________________________
Warren E. Buffett Warren E. Buffett
Chairman of the Board Chairman of the Board
NATIONAL INDEMNITY COMPANY
By: /s/ Warren E. Buffett
_______________________
Warren E. Buffett
Chairman of the Board
Page 11 of 12
<PAGE>
Exhibit A
MEMBERS OF FILING GROUP
PARENT HOLDING COMPANY:
Berkshire Hathaway Inc.
OBH, Inc.
Warren E. Buffett (an individual who may be deemed to control Berkshire Hathaway
Inc.)
RELEVANT SUBSIDIARIES THAT ARE INSURANCE COMPANIES AS DEFINED IN SECTION
3(a)(19) OF THE ACT:
National Indemnity Company
Page 12 of 12
