WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

  

<ARTICLE> 5
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   QTR-1
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               MAR-31-1995
<CASH>                                         199,024
<SECURITIES>                                   568,359
<RECEIVABLES>                                  201,249
<ALLOWANCES>                                    12,121
<INVENTORY>                                     92,497
<CURRENT-ASSETS>                                49,746
<PP&E>                                         670,596
<DEPRECIATION>                                  19,683
<TOTAL-ASSETS>                               2,052,411
<CURRENT-LIABILITIES>                          533,943
<BONDS>                                              0
<COMMON>                                            13
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                   1,337,250
<TOTAL-LIABILITY-AND-EQUITY>                 2,052,411
<SALES>                                        411,237
<TOTAL-REVENUES>                               439,366
<CGS>                                           66,573
<TOTAL-COSTS>                                  286,540
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               3,784
<INCOME-PRETAX>                                161,941
<INCOME-TAX>                                    53,317
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   108,624
<EPS-PRIMARY>                                     0.78
<EPS-DILUTED>                                     0.78