<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the Reynolds Metals Company Condensed Consolidated Balance Sheet (Unaudited) for March 31, 1997 and Consolidated Statement of Income (Unaudited) for the Quarter ended March 31, 1997 and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1000000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> MAR-31-1997 <CASH> 45 <SECURITIES> 0 <RECEIVABLES> 1046<F1> <ALLOWANCES> 18 <INVENTORY> 751 <CURRENT-ASSETS> 1918 <PP&E> 6724 <DEPRECIATION> 3564 <TOTAL-ASSETS> 7468 <CURRENT-LIABILITIES> 1455 <BONDS> 1619 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1463 <OTHER-SE> 1176 <TOTAL-LIABILITY-AND-EQUITY> 7468 <SALES> 1615 <TOTAL-REVENUES> 1662 <CGS> 1360 <TOTAL-COSTS> 1360 <OTHER-EXPENSES> 93 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 39 <INCOME-PRETAX> 68 <INCOME-TAX> 25 <INCOME-CONTINUING> 43 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 43 <EPS-PRIMARY> 0.59 <EPS-DILUTED> 0 <FN> <F1>This amount represents total receivables, since trade receivables are not broken out separately at interim dates, in accordance with S-X 10-01(2). </FN>