Amendment No. 1 to Schedule 13G

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 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)

(Amendment No. 1)*

 

 

 

 

Trane Inc.

(formerly named American Standard Companies, Inc.)

(Name of Issuer)

 

 

COMMON STOCK

(Title of Class of Securities)

 

 

892893108

(CUSIP Number)

 

 

December 31, 2007

(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. 892893108    13G    Page 2 of 10 Pages

 

  1  

NAME OF REPORTING PERSONS

 

            Warren E. Buffett

   
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions)

(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

 

            10,962,400

 

  7    SOLE DISPOSITIVE POWER

 

            NONE

 

  8    SHARED DISPOSITIVE POWER

 

            10,962,400

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            10,962,400

   
10  

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

 

 

            Not Applicable.

 

¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

            5.7%

   
12  

TYPE OF REPORTING PERSON (See instructions)

 

            IN, HC

   


CUSIP No. 892893108    13G    Page 3 of 10 Pages

 

  1  

NAME OF REPORTING PERSONS

 

            Berkshire Hathaway Inc.

   
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions)

(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

 

            10,962,400

 

  7    SOLE DISPOSITIVE POWER

 

            NONE

 

  8    SHARED DISPOSITIVE POWER

 

            10,962,400

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            10,962,400

   
10  

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

 

 

            Not applicable.

 

¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

            5.7%

   
12  

TYPE OF REPORTING PERSON (See instructions)

 

            HC, CO

   


CUSIP No. 892893108    13G    Page 4 of 10 Pages

 

  1  

NAME OF REPORTING PERSONS

 

            OBH, Inc.

   
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions)

(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

 

            10,962,400

 

  7    SOLE DISPOSITIVE POWER

 

            NONE

 

  8    SHARED DISPOSITIVE POWER

 

            10,962,400

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            10,962,400

   
10  

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

 

 

            Not applicable.

 

¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

            5.7%

   
12  

TYPE OF REPORTING PERSON (See instructions)

 

            HC, CO

   


CUSIP No. 892893108    13G    Page 5 of 10 Pages

 

  1  

NAME OF REPORTING PERSONS

 

            National Indemnity Company

   
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions)

(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

 

            10,962,400

 

  7    SOLE DISPOSITIVE POWER

 

            NONE

 

  8    SHARED DISPOSITIVE POWER

 

            10,962,400

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            10,962,400

   
10  

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

 

 

            Not applicable.

 

¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

            5.7%

   
12  

TYPE OF REPORTING PERSON (See instructions)

 

            IC, CO

   


CUSIP No. 892893108    13G    Page 6 of 10 Pages

 

  1  

NAME OF REPORTING PERSONS

 

            GEICO Corporation

   
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions)

(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

 

            10,962,400

 

  7    SOLE DISPOSITIVE POWER

 

            NONE

 

  8    SHARED DISPOSITIVE POWER

 

            10,962,400

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            10,962,400

   
10  

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

 

 

            Not applicable.

 

¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

            5.7%

   
12  

TYPE OF REPORTING PERSON (See instructions)

 

            HC, CO

   


CUSIP No. 892893108    13G    Page 7 of 10 Pages

 

  1  

NAME OF REPORTING PERSONS

 

            Government Employees Insurance Company

   
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions)

(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

 

            10,962,400

 

  7    SOLE DISPOSITIVE POWER

 

            NONE

 

  8    SHARED DISPOSITIVE POWER

 

            10,962,400

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            10,962,400

   
10  

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

 

            Not applicable.

 

¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

            5.7%

   
12  

TYPE OF REPORTING PERSON (See instructions)

 

            IC, CO

   

 


      Page 8 of 10 Pages
   SCHEDULE 13G   

 

Item 1.  

(a)

   Name of Issuer:      
     Trane Inc. (formerly American Standard Companies, Inc.)      
 

(b)

   Address of Issuer’s Principal Executive Offices:      
     One Centennial Avenue, Piscataway, NJ 08855      
Item 2.  

(a)

   Name of Person 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

 

GEICO Corporation

1 Geico Plaza

Washington, D.C. 20076

Delaware corporation

 

Government Employees Insurance Company

1 Geico Plaza

Washington, D.C. 20076

Maryland corporation

     
 

(d)

   Title of Class of Securities:      
     Common Stock      
 

(e)

   CUSIP Number:      
     892893108      
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., OBH, Inc., and GEICO Corporation are each a Parent Holding Company or Control Person, in accordance with §240.13d-1(b)(1)(ii)(G).

 

National Indemnity Company and Government Employees 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)(J).

  

 

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.      


;       Page 9 of 10 Pages

 

   (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.      


Page 10 of 10 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, 2008    February 14, 2008
Date    Date

/s/ Warren E. Buffett

  

/s/ Warren E. Buffett

Signature    Signature
Warren E. Buffett    Warren E. Buffett, Chairman of the Board
Name    Name/Title
   Berkshire Hathaway Inc.
February 14, 2008    February 14, 2008
Date    Date

/s/ Warren E. Buffett

  

/s/ Marc D. Hamburg

Signature    Signature
Warren E. Buffett, Chairman of the Board    Marc D. Hamburg, Chairman of the Board
Name/Title    Name/Title
OBH, INC.    National Indemnity Company
February 14, 2008    February 14, 2008
Date    Date

/s/ Warren E. Buffett

  

/s/ Olza M. Nicely

Signature    Signature
Warren E. Buffett, Chairman of the Board    Olza M. Nicely, Chairman of the Board
Name/Title    Name/Title
GEICO Corporation    Government Employees Insurance Company


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.

OBH, Inc.

GEICO Corporation

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

National Indemnity Company

Government Employees Insurance Company


SCHEDULE 13G

EXHIBIT B

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

The undersigned persons agree and consent to the joint filing on their behalf of this Schedule 13G in connection with their beneficial ownership of the Common Stock of Trane Inc.

 

Dated: February 14, 2008  

/S/ Warren E. Buffett

  Warren E. Buffett
  Berkshire Hathaway Inc.
Dated: February 14, 2008  

/S/ Warren E. Buffett

  By:   Warren E. Buffett
  Title:   Chairman of the Board
  OBH, Inc.
Dated: February 14, 2008  

/S/ Warren E. Buffett

  By:   Warren E. Buffett
  Title:   Chairman of the Board
  National Indemnity Company
Dated: February 14, 2008  

/S/ Marc D. Hamburg

  By:   Marc D. Hamburg
  Title:   Chairman of the Board
  GEICO Corporation
Dated: February 14, 2008  

/S/ Warren E. Buffett

  By:   Warren E. Buffett
  Title:   Chairman of the Board
  Government Employees Insurance Company
Dated: February 14, 2008  

/S/ Olza M. Nicely

  By:   Olza M. Nicely
  Title:   Chairman of the Board