<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Freeport-McMoRan Inc. financial statements at March 31, 1996 and 1995 and for the 3 month periods then ended, and is qualified in its entirety by reference to such financial statements. Additionally, the 1995 amounts have been restated. </LEGEND> <RESTATED> <CIK> 0000351116 <NAME> FREEPORT-MCMORAN INC. <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS 3-MOS <FISCAL-YEAR-END> DEC-31-1996 DEC-31-1995 <PERIOD-END> MAR-31-1996 MAR-31-1995 <CASH> 24,005 33,299 <SECURITIES> 0 0 <RECEIVABLES> 53,495 42,787 <ALLOWANCES> 0 0 <INVENTORY> 134,399 108,339 <CURRENT-ASSETS> 244,364 261,226 <PP&E> 1,941,065 1,964,080 <DEPRECIATION> 957,350 958,411 <TOTAL-ASSETS> 1,287,623 1,770,666 <CURRENT-LIABILITIES> 161,012 167,166 <BONDS> 379,101 1,220,361 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 50,084 250,000 <COMMON> 339 166,456 <OTHER-SE> 131,386 (671,857) <TOTAL-LIABILITY-AND-EQUITY> 1,287,623 1,770,666 <SALES> 256,827 254,479 <TOTAL-REVENUES> 256,827 254,479 <CGS> 181,370 186,842 <TOTAL-COSTS> 181,370 186,842 <OTHER-EXPENSES> (11,917) 0 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 8,025 15,711 <INCOME-PRETAX> 62,462 34,374 <INCOME-TAX> 12,135 840 <INCOME-CONTINUING> 21,225 2,250 <DISCONTINUED> 0 22,610 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 21,225 24,860 <EPS-PRIMARY> .73 .85 <EPS-DILUTED> .72 .85