<ARTICLE> 5
<MULTIPLIER> 1,000,000
       
                                        
<PERIOD-TYPE>                              6-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               JUN-30-1995
<CASH>                                             101
<SECURITIES>                                         0
<RECEIVABLES>                                    1,129
<ALLOWANCES>                                        15
<INVENTORY>                                      1,854
<CURRENT-ASSETS>                                 3,351
<PP&E>                                          25,534
<DEPRECIATION>                                  14,383
<TOTAL-ASSETS>                                  17,362
<CURRENT-LIABILITIES>                            3,152
<BONDS>                                          4,975
<COMMON>                                           373<F1>
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                        112
<OTHER-SE>                                       4,034
<TOTAL-LIABILITY-AND-EQUITY>                    17,362
<SALES>                                         10,316
<TOTAL-REVENUES>                                10,316
<CGS>                                            9,484
<TOTAL-COSTS>                                    9,484
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                 265
<INCOME-PRETAX>                                    550
<INCOME-TAX>                                       206
<INCOME-CONTINUING>                                344
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       344
<EPS-PRIMARY>                                        0<F2>
<EPS-DILUTED>                                        0<F3>
<FN>
<F1> Consists of Marathon Stock issued, $287; Steel Stock issued, $77; Delhi 
     Stock issued, $9.
<F2> Primary earnings per share applicable to Marathon Stock, $0.63; Steel Stock
     $1.87; Delhi Stock $0.42.
<F3> Fully diluted earnings per share applicable to Marathon Stock, $0.63; Steel
     Stock $1.80; Delhi Stock, $0.42.
</FN>