<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED BALANCE SHEETS, CONSOLIDATED STATEMENTS OF INCOME AND CONSOLIDATED STATEMENTS OF CASH FLOWS INCLUDED IN THE COMPANY'S FORM 10-K FOR THE YEAR ENDED DECEMBER 31, 1996, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS AND THE NOTES THERETO. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <CASH> 207,264 <SECURITIES> 951,816 <RECEIVABLES> 205,481 <ALLOWANCES> 7,869 <INVENTORY> 91,943 <CURRENT-ASSETS> 955,084 <PP&E> 906,267 <DEPRECIATION> 320,100 <TOTAL-ASSETS> 2,226,372 <CURRENT-LIABILITIES> 249,951 <BONDS> 150,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 2,428 <OTHER-SE> 1,798,631 <TOTAL-LIABILITY-AND-EQUITY> 2,226,372 <SALES> 582,829 <TOTAL-REVENUES> 968,678 <CGS> 104,527 <TOTAL-COSTS> 104,527 <OTHER-EXPENSES> 471,143 <LOSS-PROVISION> 9,887 <INTEREST-EXPENSE> 5,010 <INCOME-PRETAX> 147,935 <INCOME-TAX> 29,587 <INCOME-CONTINUING> 118,348 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 118,348 <EPS-PRIMARY> 0.96 <EPS-DILUTED> 0