<ARTICLE> 5 <LEGEND> UNION PACIFIC CORPORATION AND SUBSIDIARY COMPANIES FINANCIAL DATA SCHEDULE For the Three Months Ended March 31, 1998 (In Millions, Except Per Share Amounts) (Unaudited) </LEGEND> <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1998 <CASH> 191 <SECURITIES> 0 <RECEIVABLES> 589 <ALLOWANCES> 0 <INVENTORY> 309 <CURRENT-ASSETS> 1384 <PP&E> 31937 <DEPRECIATION> 5704 <TOTAL-ASSETS> 29078 <CURRENT-LIABILITIES> 2808 <BONDS> 9258 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 690 <OTHER-SE> 7428 <TOTAL-LIABILITY-AND-EQUITY> 29078 <SALES> 0 <TOTAL-REVENUES> 2586 <CGS> 0 <TOTAL-COSTS> 2527 <OTHER-EXPENSES> 26 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 161 <INCOME-PRETAX> 105 <INCOME-TAX> 43 <INCOME-CONTINUING> 62 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 62 <EPS-PRIMARY> 0.25 <EPS-DILUTED> 0.25