<ARTICLE> 5 <LEGEND> THIS RESTATED SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE AMERICAN HOME PRODUCTS CORPORATION AND SUBSIDIARIES CONSOLIDATED CONDENSED BALANCE SHEET AS OF MARCH 31, 1999 AND CONSOLIDATED CONDENSED STATEMENT OF OPERATIONS FOR THE THREE MONTHS ENDED MARCH 31, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. <F1> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> MAR-31-1999 <CASH> 1,330,609 <SECURITIES> 130,789 <RECEIVABLES> 2,263,400 <ALLOWANCES> 0 <INVENTORY> 1,599,384 <CURRENT-ASSETS> 10,873,504 <PP&E> 5,912,302 <DEPRECIATION> 2,230,777 <TOTAL-ASSETS> 20,259,120 <CURRENT-LIABILITIES> 3,317,468 <BONDS> 4,186,904 <PREFERRED-MANDATORY> 0 <PREFERRED> 63 <COMMON> 436,874 <OTHER-SE> 9,012,966 <TOTAL-LIABILITY-AND-EQUITY> 20,259,120 <SALES> 2,858,049 <TOTAL-REVENUES> 2,858,049 <CGS> 700,306 <TOTAL-COSTS> 700,306 <OTHER-EXPENSES> 369,967 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 56,331 <INCOME-PRETAX> 750,298 <INCOME-TAX> 212,158 <INCOME-CONTINUING> 538,140 <DISCONTINUED> 116,778 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 654,918 <EPS-BASIC> 0.50 <EPS-DILUTED> 0.49 <FN> <F1> Financial data schedule for the three months ended March 31, 1999 was restated to reflect the agricultural products business as a discontinued operation. </FN>