<ARTICLE> 5 <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> SEP-30-1995 <CASH> 123 <SECURITIES> 0 <RECEIVABLES> 1138 <ALLOWANCES> 12 <INVENTORY> 1804 <CURRENT-ASSETS> 3251 <PP&E> 25685 <DEPRECIATION> 14618 <TOTAL-ASSETS> 17409 <CURRENT-LIABILITIES> 3279 <BONDS> 4754 <COMMON> 379 <PREFERRED-MANDATORY> 0 <PREFERRED> 7 <OTHER-SE> 4314 <TOTAL-LIABILITY-AND-EQUITY> 17409 <SALES> 15553 <TOTAL-REVENUES> 15553 <CGS> 14513 <TOTAL-COSTS> 14513 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 375 <INCOME-PRETAX> 790 <INCOME-TAX> 267 <INCOME-CONTINUING> 523 <DISCONTINUED> 0 <EXTRAORDINARY> (5) <CHANGES> 0 <NET-INCOME> 518 <EPS-PRIMARY> 0 <EPS-DILUTED> 0<F1><F2><F3> <FN> <F1>Consists of Marathon Stock issued, $287; Steel Stock issued, $83; Delhi Stock issued, $9. <F2>Primary earnings per share applicable to Marathon Stock, $0.96; Steel Stock $2.85; Delhi Stock $(0.04) <F3>Fully diluted earnings per share applicable to Marathon Stock, $0.96; Steel Stock, $2.76; Delhi Stock, $(0.04). </FN>