<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the Form 10-K for the period ending December 31, 1994 and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000794323 <NAME> KIEWIT PETER SONS', INC. <MULTIPLIER> 1,000,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> DEC-31-1994 <CASH> 400 <SECURITIES> 910 <RECEIVABLES> 443 <ALLOWANCES> 9 <INVENTORY> 0 <CURRENT-ASSETS> 2,115 <PP&E> 1,975 <DEPRECIATION> 731 <TOTAL-ASSETS> 4,504 <CURRENT-LIABILITIES> 813 <BONDS> 908 <COMMON> 2 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 1,734 <TOTAL-LIABILITY-AND-EQUITY> 4,504 <SALES> 2,392 <TOTAL-REVENUES> 2,991 <CGS> 2,108 <TOTAL-COSTS> 2,650 <OTHER-EXPENSES> 311 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 79 <INCOME-PRETAX> 87 <INCOME-TAX> 27 <INCOME-CONTINUING> 110 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 110 <EPS-PRIMARY> $4.92<F1> <EPS-DILUTED> $4.92<F1> <FN> <F1>$4.92 represents Class C Stock earnings per share. Class D Stock earnings per share; $1.63. </FN>