<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> APR-25-1999 <PERIOD-END> JUL-26-1998 <CASH> 30,306 <SECURITIES> 324,193 <RECEIVABLES> 196,882 <ALLOWANCES> 0 <INVENTORY> 178,668 <CURRENT-ASSETS> 768,605 <PP&E> 467,673 <DEPRECIATION> 190,418 <TOTAL-ASSETS> 1,261,851 <CURRENT-LIABILITIES> 409,781 <BONDS> 0 <PREFERRED-MANDATORY> 287,500 <PREFERRED> 0 <COMMON> 32,034 <OTHER-SE> 387,508 <TOTAL-LIABILITY-AND-EQUITY> 1,261,851 <SALES> 840,155 <TOTAL-REVENUES> 840,155 <CGS> 666,365 <TOTAL-COSTS> 789,904 <OTHER-EXPENSES> 125 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 5,248 <INCOME-PRETAX> 49,973 <INCOME-TAX> 19,748 <INCOME-CONTINUING> 30,225 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 30,225 <EPS-PRIMARY> .96 <EPS-DILUTED> .86