<ARTICLE> 5 <LEGEND> THE SCHEDULE CONTAINS FINANCIAL INFORMATION EXTRACTED FROM THE STATEMENT OF INCOME (UNAUDITED) AND THE STATEMENT OF FINANACIAL POSITION (UNAUDITED) AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> JUN-30-1996 <CASH> 137,199 <SECURITIES> 0 <RECEIVABLES> 852,573 <ALLOWANCES> 0 <INVENTORY> 548,360 <CURRENT-ASSETS> 1,726,346 <PP&E> 1,801,505 <DEPRECIATION> 1,053,407 <TOTAL-ASSETS> 4,018,870 <CURRENT-LIABILITIES> 991,620 <BONDS> 616,815 <COMMON> 267,861 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 1,895,343 <TOTAL-LIABILITY-AND-EQUITY> 4,018,870 <SALES> 2,461,722 <TOTAL-REVENUES> 2,461,722 <CGS> 1,626,695 <TOTAL-COSTS> 1,626,695 <OTHER-EXPENSES> 18,097 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 14,876 <INCOME-PRETAX> 363,730 <INCOME-TAX> 134,600 <INCOME-CONTINUING> 229,130 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 229,130 <EPS-PRIMARY> 1.85 <EPS-DILUTED> 1.85