<ARTICLE> 5 <LEGEND> (Replace this text with the legend) </LEGEND> <CIK> 0000801898 <NAME> HARNISCHFEGER INDUSTRIES, INC. <MULTIPLIER> 1,000 <CURRENCY> USD <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> OCT-31-1999 <PERIOD-START> NOV-1-1998 <PERIOD-END> OCT-31-1999 <EXCHANGE-RATE> 1 <CASH> 57,453 <SECURITIES> 0 <RECEIVABLES> 214,550 <ALLOWANCES> 11,720 <INVENTORY> 447,655 <CURRENT-ASSETS> 758,385 <PP&E> 444,825 <DEPRECIATION> 234,078 <TOTAL-ASSETS> 1,711,813 <CURRENT-LIABILITIES> 571,216 <BONDS> 168,097 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 51,669 <OTHER-SE> (1,076,820) <TOTAL-LIABILITY-AND-EQUITY> 1,711,813 <SALES> 1,114,146 <TOTAL-REVENUES> 1,118,055 <CGS> 922,806 <TOTAL-COSTS> 1,220,873 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 28,865 <INCOME-PRETAX> (131,683) <INCOME-TAX> 220,448 <INCOME-CONTINUING> (353,088) <DISCONTINUED> (1,327,180) <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,680,268) <EPS-BASIC> (36.27) <EPS-DILUTED> (36.27)