<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM ASHLAND INC.'S 2ND QUARTER 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH 10-Q. <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> SEP-30-1999 <PERIOD-END> MAR-31-1999 <CASH> 90 <SECURITIES> 0 <RECEIVABLES> 1,072 <ALLOWANCES> 22 <INVENTORY> 480 <CURRENT-ASSETS> 1,935 <PP&E> 2,544 <DEPRECIATION> 1,322 <TOTAL-ASSETS> 6,238 <CURRENT-LIABILITIES> 1,588 <BONDS> 1,481 <COMMON> 74 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 2,007 <TOTAL-LIABILITY-AND-EQUITY> 6,238 <SALES> 3,149 <TOTAL-REVENUES> 3,288 <CGS> 2,579 <TOTAL-COSTS> 2,579 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 67 <INCOME-PRETAX> 124 <INCOME-TAX> 48 <INCOME-CONTINUING> 76 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 76 <EPS-PRIMARY> 1.02 <EPS-DILUTED> 1.01