<ARTICLE> 5 <LEGEND> UNION PACIFIC CORPORATION AND SUBSIDIARY COMPANIES FINANCIAL DATA SCHEDULE For the Year Ended December 31, 1996 (In Millions, Except Per Share Amounts) (Restated) </LEGEND> <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <CASH> 191 <SECURITIES> 0 <RECEIVABLES> 507 <ALLOWANCES> 0 <INVENTORY> 304 <CURRENT-ASSETS> 1347 <PP&E> 30097 <DEPRECIATION> 5053 <TOTAL-ASSETS> 27927 <CURRENT-LIABILITIES> 3056 <BONDS> 7900 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 686 <OTHER-SE> 7539 <TOTAL-LIABILITY-AND-EQUITY> 27927 <SALES> 0 <TOTAL-REVENUES> 8786 <CGS> 0 <TOTAL-COSTS> 7253 <OTHER-EXPENSES> 101 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 501 <INCOME-PRETAX> 1113 <INCOME-TAX> 380 <INCOME-CONTINUING> 733 <DISCONTINUED> 171 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 904 <EPS-PRIMARY> 4.17 <EPS-DILUTED> 4.14