<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JAN-01-1995 <PERIOD-END> JUN-30-1995 <CASH> 700,600 <SECURITIES> 6,500 <RECEIVABLES> 1,638,100 <ALLOWANCES> 42,400 <INVENTORY> 1,499,100 <CURRENT-ASSETS> 4,695,000 <PP&E> 14,658,800 <DEPRECIATION> 8,045,900 <TOTAL-ASSETS> 12,877,000 <CURRENT-LIABILITIES> 2,282,100 <BONDS> 1,164,500 <COMMON> 178,900 <PREFERRED-MANDATORY> 0 <PREFERRED> 55,800 <OTHER-SE> 4,030,700 <TOTAL-LIABILITY-AND-EQUITY> 12,877,000 <SALES> 6,127,100 <TOTAL-REVENUES> 6,184,700 <CGS> 4,491,700 <TOTAL-COSTS> 4,491,700 <OTHER-EXPENSES> 343,600 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 50,900 <INCOME-PRETAX> 831,000 <INCOME-TAX> 269,600 <INCOME-CONTINUING> 413,200 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 413,200 <EPS-PRIMARY> 2.31 <EPS-DILUTED> 2.29