Filing Details

Accession Number:
0001193125-17-043878
Form Type:
13G Filing
Publication Date:
2017-02-14 17:50:05
Filed By:
Berkshire Hathaway
Company:
International Business Machines Corp (NYSE:IBM)
Filing Date:
2017-02-15
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Warren E. Buffett 9,000 81,232,303 9,000 81,232,303 81,241,303 8.5%
Berkshire Hathaway Inc 81,232,303 81,232,303 81,232,303 8.5%
National Indemnity Company 78,894,582 78,894,582 78,894,582 8.3%
Berkshire Hathaway Assurance Corporation 822,000 822,000 822,000 0.1%
Columbia Insurance Company 1,543,288 1,543,288 1,543,288 0.2%
Central States of Omaha Companies, Inc 84,480 84,480 84,480 Less than 0.1%
Central States Indemnity Company of Omaha 79,200 79,200 79,200 Less than 0.1%
CSI Life Insurance Company 5,280 5,280 5,280 Less than 0.1%
Finial Reinsurance Company 353,000 353,000 353,000 Less than 0.1%
National Indemnity Company of the South 127,600 127,600 127,600 Less than 0.1%
Boat America Corporation 34,000 34,000 34,000 Less than 0.1%
GEICO Marine Insurance Company 34,000 34,000 34,000 Less than 0.1%
GEICO Advantage Insurance Company 58,700 58,700 58,700 Less than 0.1%
GEICO Casualty Company 298,300 298,300 298,300 Less than 0.1%
GEICO Choice Insurance Company 58,900 58,900 58,900 Less than 0.1%
Berkshire Hathaway Specialty Insurance Company 3,171,337 3,171,337 3,171,337 0.3%
GEICO Secure Insurance Company 58,900 58,900 58,900 Less than 0.1%
National Fire Marine Insurance Company 233,100 233,100 233,100 Less than 0.1%
Redwood Fire Casualty Insurance Company 610,000 610,000 610,000 0.1%
National Indemnity of MidAmerica Insurance Company 98,000 98,000 98,000 Less than 0.1%
Oak River Insurance Company 60,000 60,000 60,000 Less than 0.1%
AmGUARD Insurance Company 190,000 190,000 190,000 Less than 0.1%
EastGUARD Insurance Company 75,000 75,000 75,000 Less than 0.1%
NorGUARD Insurance Company 200,000 200,000 200,000 Less than 0.1%
WestGUARD Insurance Company 30,000 30,000 30,000 Less than 0.1%
Berkshire Hathaway Homestate Insurance Company 278,000 278,000 278,000 Less than 0.1%
Berkshire Hathaway Direct Insurance Company 31,700 31,700 31,700 Less than 0.1%
National Liability Fire Insurance Company 198,853 198,853 198,853 Less than 0.1%
Filing

 

 

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. 5)*

 

 

International Business Machines Corporation

(Name of Issuer)

 

 

COMMON STOCK

(Title of Class of Securities)

459200101

(CUSIP Number)

December 31, 2016

(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)

Rule 13d-1 (c)

Rule 13d-1 (d)

 

* The remainder of this cover page shall be filled out for a reporting persons 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. 459200101

 

 

13G

 

 

Page 2 of 34 Pages

 

 

  1   

NAME OF REPORTING PERSONS

 

Warren E. Buffett

  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 Citizen

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

9,000

   6   

SHARED VOTING POWER

 

81,232,303

   7   

SOLE DISPOSITIVE POWER

 

9,000

   8   

SHARED DISPOSITIVE POWER

 

81,232,303

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

81,241,303

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

 

8.5%

12  

TYPE OF REPORTING PERSON*

 

IN


CUSIP No. 459200101

 

 

13G

 

 

Page 3 of 34 Pages

 

 

  1   

NAME OF REPORTING PERSONS

 

Berkshire Hathaway Inc.

  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 Delaware

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

81,232,303

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

81,232,303

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

81,232,303

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

 

8.5%

12  

TYPE OF REPORTING PERSON*

 

HC, CO


CUSIP No. 459200101

 

 

13G

 

 

Page 4 of 34 Pages

 

 

  1   

NAME OF REPORTING PERSONS

 

National Indemnity Company

  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 Nebraska

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

78,894,582

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

78,894,582

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

78,894,582

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

 

8.3%

12  

TYPE OF REPORTING PERSON*

 

IC, CO


CUSIP No. 459200101

 

 

13G

 

 

Page 5 of 34 Pages

 

 

  1   

NAME OF REPORTING PERSONS

 

Berkshire Hathaway Assurance Corporation

  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 Nebraska

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

822,000

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

822,000

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

822,000

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*

 

IC, CO


CUSIP No. 459200101

 

 

13G

 

 

Page 6 of 34 Pages

 

 

  1   

NAME OF REPORTING PERSONS

 

Columbia Insurance Company

  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 Nebraska

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

1,543,288

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

1,543,288

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,543,288

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*

 

IC, CO


CUSIP No. 459200101

 

 

13G

 

 

Page 7 of 34 Pages

 

 

  1   

NAME OF REPORTING PERSONS

 

Central States of Omaha Companies, Inc.

  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 Nebraska

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

84,480

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

84,480

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

84,480

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*

 

HC, CO


CUSIP No. 459200101

 

 

13G

 

 

Page 8 of 34 Pages

 

 

  1   

NAME OF REPORTING PERSONS

 

Central States Indemnity Company of Omaha

  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 Nebraska

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

79,200

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

79,200

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

79,200

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*

 

IC, CO


CUSIP No. 459200101

 

 

13G

 

 

Page 9 of 34 Pages

 

 

  1   

NAME OF REPORTING PERSONS

 

CSI Life Insurance Company

  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 Nebraska

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

5,280

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

5,280

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

5,280

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*

 

IC, CO


CUSIP No. 459200101

 

 

13G

 

 

Page 10 of 34 Pages

 

 

  1   

NAME OF REPORTING PERSONS

 

Finial Reinsurance Company

  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 Connecticut

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

353,000

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

353,000

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

353,000

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*

 

IC, CO


CUSIP No. 459200101

 

 

13G

 

 

Page 11 of 34 Pages

 

 

  1   

NAME OF REPORTING PERSONS

 

National Indemnity Company of the South

  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 Florida

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

127,600

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

127,600

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

127,600

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*

 

IC, CO


CUSIP No. 459200101

 

 

13G

 

 

Page 12 of 34 Pages

 

 

  1   

NAME OF REPORTING PERSONS

 

Boat America Corporation

  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 Virginia

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

34,000

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

34,000

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

34,000

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*

 

HC, CO


CUSIP No. 459200101

 

 

13G

 

 

Page 13 of 34 Pages

 

 

  1   

NAME OF REPORTING PERSONS

 

GEICO Marine Insurance Company

  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 Maryland

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

34,000

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

34,000

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

34,000

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*

 

IC, CO


CUSIP No. 459200101

 

 

13G

 

 

Page 14 of 34 Pages

 

 

  1   

NAME OF REPORTING PERSONS

 

GEICO Advantage Insurance Company

  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 Nebraska

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

58,700

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

58,700

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

58,700

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*

 

IC, CO


CUSIP No. 459200101

 

 

13G

 

 

Page 15 of 34 Pages

 

 

  1   

NAME OF REPORTING PERSONS

 

GEICO Casualty Company

  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 Maryland

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

298,300

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

298,300

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

298,300

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*

 

IC, CO


CUSIP No. 459200101

 

 

13G

 

 

Page 16 of 34 Pages

 

 

  1   

NAME OF REPORTING PERSONS

 

GEICO Choice Insurance Company

  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 Nebraska

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

58,900

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

58,900

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

58,900

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*

 

IC, CO


CUSIP No. 459200101

 

 

13G

 

 

Page 17 of 34 Pages

 

 

  1   

NAME OF REPORTING PERSONS

 

Berkshire Hathaway Specialty Insurance Company

  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 Nebraska

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

3,171,337

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

3,171,337

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

3,171,337

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

 

0.3%

12  

TYPE OF REPORTING PERSON*

 

IC, CO


CUSIP No. 459200101

 

 

13G

 

 

Page 18 of 34 Pages

 

 

  1   

NAME OF REPORTING PERSONS

 

GEICO Secure Insurance Company

  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 Nebraska

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

58,900

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

58,900

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

58,900

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*

 

IC, CO


CUSIP No. 459200101

 

 

13G

 

 

Page 19 of 34 Pages

 

 

  1   

NAME OF REPORTING PERSONS

 

National Fire & Marine Insurance Company

  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 Nebraska

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

233,100

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

233,100

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

233,100

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*

 

IC, CO


CUSIP No. 459200101

 

 

13G

 

 

Page 20 of 34 Pages

 

 

  1   

NAME OF REPORTING PERSONS

 

Redwood Fire & Casualty Insurance Company

  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 Nebraska

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

610,000

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

610,000

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

610,000

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*

 

IC, CO


CUSIP No. 459200101

 

 

13G

 

 

Page 21 of 34 Pages

 

 

  1   

NAME OF REPORTING PERSONS

 

National Indemnity of MidAmerica Insurance Company

  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 Iowa

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

98,000

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

98,000

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

98,000

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*

 

IC, CO


CUSIP No. 459200101

 

 

13G

 

 

Page 22 of 34 Pages

 

 

  1   

NAME OF REPORTING PERSONS

 

Oak River Insurance Company

  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 Nebraska

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

60,000

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

60,000

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

60,000

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*

 

IC, CO


CUSIP No. 459200101

 

 

13G

 

 

Page 23 of 34 Pages

 

 

  1   

NAME OF REPORTING PERSONS

 

AmGUARD Insurance Company

  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 Pennsylvania

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

190,000

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

190,000

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

190,000

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*

 

IC, CO


CUSIP No. 459200101

 

 

13G

 

 

Page 24 of 34 Pages

 

 

  1   

NAME OF REPORTING PERSONS

 

EastGUARD Insurance Company

  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 Pennsylvania

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

75,000

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

75,000

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

75,000

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*

 

IC, CO


CUSIP No. 459200101

 

 

13G

 

 

Page 25 of 34 Pages

 

 

  1   

NAME OF REPORTING PERSONS

 

NorGUARD Insurance Company

  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 Pennsylvania

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

200,000

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

200,000

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

200,000

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*

 

IC, CO


CUSIP No. 459200101

 

 

13G

 

 

Page 26 of 34 Pages

 

 

  1   

NAME OF REPORTING PERSONS

 

WestGUARD Insurance Company

  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 Pennsylvania

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

30,000

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

30,000

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

30,000

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*

 

IC, CO


CUSIP No. 459200101

 

 

13G

 

 

Page 27 of 34 Pages

 

 

  1   

NAME OF REPORTING PERSONS

 

Berkshire Hathaway Homestate Insurance Company

  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 Nebraska

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

278,000

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

278,000

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

278,000

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*

 

IC, CO


CUSIP No. 459200101

 

 

13G

 

 

Page 28 of 34 Pages

 

 

  1   

NAME OF REPORTING PERSONS

 

Berkshire Hathaway Direct Insurance Company

  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 Delaware

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

31,700

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

31,700

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

31,700

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*

 

IC, CO


CUSIP No. 459200101

 

 

13G

 

 

Page 29 of 34 Pages

 

 

  1   

NAME OF REPORTING PERSONS

 

National Liability & Fire Insurance Company

  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 Connecticut

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

198,853

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

198,853

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

198,853

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*

 

IC, CO


    Page 30 of 34 Pages

 

SCHEDULE 13G

 

Item 1.

 

  (a) Name of Issuer:

International Business Machines Corporation

 

  (b) Address of Issuers Principal Executive Offices:

1 New Orchard Road, Armonk, NY 10504

 

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

 

Columbia Insurance Company 1314 Douglas Street

Omaha, Nebraska 68102

Nebraska corporation

 

Finial Reinsurance Company

100 Stamford Plaza

Stamford, Connecticut 06962

Connecticut corporation

 

GEICO Advantage Insurance Company

5260 Western Avenue Chevy Chase, Maryland 20815

Nebraska corporation

Berkshire Hathaway Inc.

3555 Farnam Street

Omaha, Nebraska 68131

Delaware corporation

 

Central States of Omaha

Companies, Inc.

1212 North 96th Street Omaha,

Nebraska 68114

Nebraska corporation

 

National Indemnity Company of the South

1314 Douglas Street

Omaha, Nebraska 68102

Florida corporation

 

GEICO Casualty Company.

5260 Western Avenue Chevy Chase, Maryland 20815

Maryland corporation

National Indemnity Company

1314 Douglas Street

Omaha, Nebraska 68102

Nebraska corporation

 

Central States Indemnity Company

1212 North 96th Street

Omaha, Nebraska 68114

Nebraska corporation

 

Boat America Corporation

880 South Pickett Street

Alexandria, Virginia 22304

Virginia corporation

 

GEICO Choice Insurance Company

5260 Western Avenue Chevy Chase, Maryland 20815 Nebraska corporation

Berkshire Hathaway Assurance Corporation

1314 Douglas Street

Omaha, Nebraska 68102

Nebraska corporation

 

CSI Life Insurance Company

1212 North 96th Street Omaha,

Nebraska 68114

Nebraska corporation

 

GEICO Marine Insurance Company

880 South Pickett Street

Alexandria, Virginia 22304

Maryland corporation

 

GEICO Secure Insurance Company

5260 Western Avenue Chevy Chase, Maryland 20815

Nebraska corporation

Berkshire Hathaway Specialty Insurance Company

1314 Douglas Street

Omaha, Nebraska 68102

Nebraska corporation

 

National Liability & Fire Insurance Company

1314 Douglas Street Omaha, NE 68102

Connecticut corporation

 

National Fire & Marine Insurance Company

1314 Douglas Street Omaha, NE 68102

Nebraska corporation

 

Redwood Fire & Casualty Insurance Company

1314 Douglas Street Omaha, NE 68102

Nebraska corporation


   

Page 31 of 34 Pages

 

 

National Indemnity Company

of MidAmerica Insurance Company

1314 Douglas Street

Omaha, NE 68102

Iowa corporation

 

Oak River Insurance Company

1314 Douglas Street

Omaha, NE 68102

Nebraska corporation

 

AmGUARD Insurance Company

16 South River Street

Wilkes-Barre, PA 18703

Pennsylvania corporation

 

EastGUARD Insurance Company

16 South River Street

Wilkes-Barre, PA 18703

Pennsylvania corporation

NorGUARD Insurance Company

16 South River Street

Wilkes-Barre, PA 18703

Pennsylvania corporation

 

WestGUARD Insurance Company

16 South River Street

Wilkes-Barre, PA 18703

Pennsylvania corporation

 

Berkshire Hathaway Homestate Insurance Company

1314 Douglas Street

Omaha, NE 68102

Nebraska corporation

 

Berkshire Hathaway Direct Insurance Company

1314 Douglas Street

Omaha, NE 68102

Delaware corporation

 

  (d) Title of Class of Securities:

Common Stock

 

  (e) CUSIP Number:

459200101

 

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.), Berkshire Hathaway Inc., Central States of Omaha Companies, Inc. and Boat America Corporation are each a Parent Holding Company or Control Person, in accordance with §240.13d-1(b)(1)(ii)(G).

National Indemnity Company, Berkshire Hathaway Assurance Corporation, Berkshire Hathaway Specialty Insurance Company, Berkshire Hathaway Homestate Insurance Company, Columbia Insurance Company, Central States Indemnity Company of Omaha, CSI Life Insurance Company, Finial Reinsurance Company, National Indemnity Company of the South, GEICO Marine Insurance Company, GEICO Advantage Insurance Company, GEICO Casualty Company, GEICO Choice Insurance Company, GEICO Secure Insurance Company, National Fire and Marine Insurance Company, Redwood Fire & Casualty Insurance Company, National Indemnity of MidAmerica Insurance Company, Oak River Insurance Company, AmGUARD Insurance Company, EastGUARD Insurance Company, NorGUARD Insurance Company, WestGUARD Insurance Company, Berkshire Hathaway Direct Insurance Company and National Liability & Fire Insurance Company are each an Insurance Company as defined in section 3(a)(19) of the Act.

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


   

Page 32 of 34 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.

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 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 33 of 34 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.

 

February 14, 2017

    Berkshire Hathaway Inc.
Date    
   

By: /s/ Warren E. Buffett

/s/ Warren E. Buffett

    Signature
Signature    
   

Warren E. Buffett, Chairman of the Board

Warren E. Buffett

    Name/Title
Name    
   

February 14, 2017

    Date
    Berkshire Hathaway Assurance Corporation
    Columbia Insurance Company
    Central States Indemnity Company of Omaha
    CSI Life Insurance Company
    Finial Reinsurance Company
    National Indemnity Company
    National Indemnity Company of the South
    GEICO Marine Insurance Company
    GEICO Advantage Insurance Company
    GEICO Casualty Company
    GEICO Choice Insurance Company
    GEICO Secure Insurance Company
    Central States of Omaha Companies, Inc.
    Boat America Corporation
    Berkshire Hathaway Specialty Insurance Company
    National Fire and Marine Insurance Company
    Redwood Fire & Casualty Insurance Company
    National Indemnity Company of MidAmerica Insurance Company
    Oak River Insurance Company
    AmGUARD Insurance Company
    EastGUARD Insurance Company
    NorGUARD Insurance Company

   

Page 34 of 34 Pages

 

 

    WestGUARD Insurance Company
   

Berkshire Hathaway Homestate Insurance Company

Berkshire Hathaway Direct Insurance Company

National Liability & Fire Insurance Company

   

By: /s/ Warren E. Buffett

    Signature
    Warren E. Buffett
   

Attorney-in-Fact

    Name/Title
   

February 14, 2017

    Date

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.

Central States of Omaha Companies, Inc.

Boat America Corporation

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

National Indemnity Company, Berkshire Hathaway Assurance Corporation, Berkshire Hathaway Specialty Insurance Company, Columbia Insurance Company, Central States Indemnity Company of Omaha, CSI Life Insurance Company, Finial Reinsurance Company, National Indemnity Company of the South, GEICO Marine Insurance Company, GEICO Advantage Insurance Company, GEICO Casualty Company, GEICO Choice Insurance Company, GEICO Secure Insurance Company, National Fire and Marine Insurance Company, Redwood Fire & Casualty Insurance Company, National Indemnity Company of MidAmerica Insurance Company, Oak River Insurance Company, AmGUARD Insurance Company, EastGUARD Insurance Company, NorGUARD Insurance Company, WestGUARD Insurance Company, Berkshire Hathaway Homestate Insurance Company, Berkshire Hathaway Direct Insurance Company and National Liability & Fire Insurance Company


SCHEDULE 13G

EXHIBIT B

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

AND POWER OF ATTORNEY

The undersigned persons agree and consent to the joint filing on their behalf of Schedule 13G and all amendments thereto in connection with their beneficial ownership of the Common Stock of International Business Machines Corporation.

Each person other than Warren E. Buffett whose signature appears below hereby constitutes and appoints Warren E. Buffett as his true and lawful attorney-in-fact and agent with full power of substitution and resubstitution, to act for him and in his name, place and stead, in any and all capacities, to sign a Schedule 13G and any or all amendments to Schedule 13G in connection with the beneficial ownership of the Common Stock of International Business Machines Corporation, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent or his substitute may lawfully do or cause to be done by virtue hereof.

 

Dated: February 14, 2017    

/S/ Warren E. Buffett

    Warren E. Buffett
    Berkshire Hathaway Inc.
Dated: February 14, 2017    

/S/ Warren E. Buffett

    By: Warren E. Buffett
    Title: Chairman of the Board
    National Indemnity Company
Dated: February 14, 2017    

/S/ Dale D. Geistkemper

    By: Dale D. Geistkemper
    Title: Treasurer
    Berkshire Hathaway Assurance Corporation
Dated: February 14, 2017    

/S/ Dale D. Geistkemper

    By: Dale D. Geistkemper
    Title: Treasurer
    Columbia Insurance Company
Dated: February 14, 2017    

/S/ Dale D. Geistkemper

    By: Dale D. Geistkemper
    Title: Treasurer
    Central States of Omaha Companies, Inc.
Dated: February 14, 2017    

/S/ Thomas B. Schlichting

    By: Thomas B. Schlichting
    Title: CFO

    CSI Life Insurance Company
Dated: February 14, 2017    

/S/ Thomas B. Schlichting

    By: Thomas B. Schlichting
    Title: CFO
    Central States Indemnity Company of Omaha
Dated: February 14, 2017    

/S/ Thomas B. Schlichting

    By: Thomas B. Schlichting
    Title: CFO
    Finial Reinsurance Company
Dated: February 14, 2017    

/S/ Dale D. Geistkemper

    By: Dale D. Geistkemper
    Title: Treasurer
    National Indemnity Company of the South
Dated: February 14, 2017    

/S/ Dale D. Geistkemper

    By: Dale D. Geistkemper
    Title: Treasurer
    Boat America Corporation
Dated: February 14, 2017    

/S/ Richard Schwartz

    By: Richard Schwartz
    Title: Chairman
    GEICO Marine Insurance Company
Dated: February 14, 2017    

/S/ Jim Holler

    By: Jim Holler
    Title: President
    GEICO Advantage Insurance Company
Dated: February 14, 2017    

/S/ William E. Roberts

    By: William E. Roberts
    Title: President

      GEICO Casualty Company
Dated: February 14, 2017      

/S/ William E. Roberts

      By: William E. Roberts
      Title: President
      GEICO Choice Insurance Company
Dated: February 14, 2017      

/S/ William E. Roberts

      By: William E. Roberts
      Title: President
      GEICO Secure Insurance Company
Dated: February 14, 2017      

/S/ William E. Roberts

      By: William E. Roberts
      Title: President
      Berkshire Hathaway Specialty Insurance Company
Dated: February 14, 2017      

/S/ Dale D. Geistkemper

      By: Dale D. Geistkemper
      Title: Treasurer
      AmGUARD Insurance Company
Dated: February 14, 2017      

/S/ Sy Foguel

      By: Sy Foguel
      Title: President
      EastGUARD Insurance Company
Dated: February 14, 2017      

/S/ Sy Foguel

      By: Sy Foguel
      Title: President
      NorGUARD Insurance Company
Dated: February 14, 2017      

/S/ Sy Foguel

      By: Sy Foguel
      Title: President

    WestGUARD Insurance Company
Dated: February 14, 2017    

/S/ Sy Foguel

    By: Sy Foguel
    Title: President
    Berkshire Hathaway Homestate Insurance Company
Dated: February 14, 2017    

/S/ Andrew Linkhart

    By: Andrew Linkhart
    Title: Treasurer
    National Fire and Marine Insurance Company
Dated: February 14, 2017    

/S/ Dale D. Geistkemper

    By: Dale D. Geistkemper
    Title: Treasurer
    Redwood Fire & Casualty Insurance Company
Dated: February 14, 2017    

/S/ Andrew Linkhart

    By: Andrew Linkhart
    Title: Treasurer
    Berkshire Hathaway Direct Insurance Company
Dated: February 14, 2017    

/S/ Dale D. Geistkemper

    By: Dale D. Geistkemper
    Title: Treasurer

    National Indemnity Company of MidAmerica Insurance Company
Dated: February 14, 2017    

/S/ Dale D. Geistkemper

    By: Dale D. Geistkemper
    Title: Treasurer
    Oak River Insurance Company
Dated: February 14, 2017    

/S/ Andrew Linkhart

    By: Andrew Linkhart
    Title: Treasurer
    National Liability & Fire Insurance Company
Dated: February 14, 2017    

/S/ Dale D. Geistkemper

    By: Dale D. Geistkemper
    Title: Treasurer