<ARTICLE>                     5
<LEGEND>
This schedule contains restated summary financial information extracted from our
financial statements  for the year ended  December 31, 1997  restated to reflect
our Dresser Equipment Group segment as disciontinued operations.
     (Replace this text with the legend)
</LEGEND>
<MULTIPLIER>                                   1,000,000
<CURRENCY>                                  U.S. Dollars

                                                
<PERIOD-TYPE>                  12-mos
<FISCAL-YEAR-END>         Dec-31-1997
<PERIOD-START>            Jan-01-1997
<PERIOD-END>              Dec-31-1997
<EXCHANGE-RATE>                     1
<CASH>                                               384
<SECURITIES>                                           0
<RECEIVABLES>                                      2,921
<ALLOWANCES>                                           0
<INVENTORY>                                          709
<CURRENT-ASSETS>                                   4,770
<PP&E>                                             5,319
<DEPRECIATION>                                     3,038
<TOTAL-ASSETS>                                     9,659
<CURRENT-LIABILITIES>                              2,782
<BONDS>                                            1,296
<PREFERRED-MANDATORY>                                  0
<PREFERRED>                                            0
<COMMON>                                           1,134
<OTHER-SE>                                         3,183
<TOTAL-LIABILITY-AND-EQUITY>                       9,659
<SALES>                                            2,109
<TOTAL-REVENUES>                                  13,498
<CGS>                                              1,649
<TOTAL-COSTS>                                     11,802
<OTHER-EXPENSES>                                       0
<LOSS-PROVISION>                                       0
<INTEREST-EXPENSE>                                   108
<INCOME-PRETAX>                                    1,097
<INCOME-TAX>                                         405
<INCOME-CONTINUING>                                  660
<DISCONTINUED>                                       112
<EXTRAORDINARY>                                        0
<CHANGES>                                              0
<NET-INCOME>                                         772
<EPS-BASIC>                                       1.79
<EPS-DILUTED>                                       1.77