<ARTICLE> 5 <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1997 <CASH> 106 <SECURITIES> 0 <RECEIVABLES> 1063 <ALLOWANCES> 8 <INVENTORY> 1888 <CURRENT-ASSETS> 3188 <PP&E> 25996 <DEPRECIATION> 15600 <TOTAL-ASSETS> 16955 <CURRENT-LIABILITIES> 3084 <BONDS> 3538 <PREFERRED-MANDATORY> 182 <PREFERRED> 3 <COMMON> 383<F1> <OTHER-SE> 4740 <TOTAL-LIABILITY-AND-EQUITY> 16955 <SALES> 11734 <TOTAL-REVENUES> 11734 <CGS> 10981 <TOTAL-COSTS> 10981 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 197 <INCOME-PRETAX> 616 <INCOME-TAX> 206 <INCOME-CONTINUING> 410 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 410 <EPS-PRIMARY> 0<F2> <EPS-DILUTED> 0<F3> <FN> <F1>CONSISTS OF MARATHON STOCK ISSUED, $288; STEEL STOCK ISSUED, $86; DELHI STOCK ISSUED, $9. <F2>PRIMARY EARNINGS (LOSS) PER SHARE APPLICABLE TO MARATHON STOCK, $.78; STEEL STOCK, $2.19; DELHI STOCK $(.01). <F3>FULLY DILUTED EARNINGS (LOSS) PER SHARE APPLICABLE TO MARATHON STOCK, $.78; STEEL STOCK, $2.00; DELHI STOCK, $(.01). </FN>