<ARTICLE> 5 <MULTIPLIER> 1000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> JUN-30-1995 <CASH> 194,858 <SECURITIES> 655,790 <RECEIVABLES> 218,307 <ALLOWANCES> 0 <INVENTORY> 80,304 <CURRENT-ASSETS> 1,271,965 <PP&E> 677,981 <DEPRECIATION> 42,373 <TOTAL-ASSETS> 2,160,113 <CURRENT-LIABILITIES> 582,072 <BONDS> 0 <COMMON> 26 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 1,396,815 <TOTAL-LIABILITY-AND-EQUITY> 2,160,113 <SALES> 873,770 <TOTAL-REVENUES> 933,078 <CGS> 143,011 <TOTAL-COSTS> 589,074 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 7,534 <INCOME-PRETAX> 367,730 <INCOME-TAX> 121,402 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 246,328 <EPS-PRIMARY> .88 <EPS-DILUTED> .87