<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF GEORGIA-PACIFIC CORPORATION FOR THE TWELVE MONTHS ENDED
DECEMBER 31, 1994.
</LEGEND>
<RESTATED> 
<MULTIPLIER> 1,000,000
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               DEC-31-1994
<CASH>                                              53
<SECURITIES>                                         0
<RECEIVABLES>                                      580
<ALLOWANCES>                                        28
<INVENTORY>                                      1,209
<CURRENT-ASSETS>                                 1,984
<PP&E>                                          11,500
<DEPRECIATION>                                   6,012
<TOTAL-ASSETS>                                  10,864
<CURRENT-LIABILITIES>                            2,325
<BONDS>                                          3,904
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            72
<OTHER-SE>                                       2,548
<TOTAL-LIABILITY-AND-EQUITY>                    10,864
<SALES>                                         12,738
<TOTAL-REVENUES>                                12,738
<CGS>                                            9,620
<TOTAL-COSTS>                                    9,620
<OTHER-EXPENSES>                                   913
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                 453
<INCOME-PRETAX>                                    572
<INCOME-TAX>                                       246
<INCOME-CONTINUING>                                326
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                   (11)
<CHANGES>                                          (5)
<NET-INCOME>                                       310
<EPS-PRIMARY>                                     3.45
<EPS-DILUTED>                                     3.45