<ARTICLE> 5
<MULTIPLIER> 1,000,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          OCT-31-1996
<PERIOD-END>                               JUL-31-1996
<CASH>                                             201
<SECURITIES>                                       386
<RECEIVABLES>                                    1,527
<ALLOWANCES>                                      (24)
<INVENTORY>                                        549
<CURRENT-ASSETS>                                     0<F1>
<PP&E>                                           1,527
<DEPRECIATION>                                   (824)
<TOTAL-ASSETS>                                   4,908
<CURRENT-LIABILITIES>                                0<F1>
<BONDS>                                          1,118
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                        244
<COMMON>                                         2,133
<OTHER-SE>                                      (1,471)
<TOTAL-LIABILITY-AND-EQUITY>                     4,908
<SALES>                                          1,325
<TOTAL-REVENUES>                                 1,391
<CGS>                                            1,159
<TOTAL-COSTS>                                    1,363
<OTHER-EXPENSES>                                    52
<LOSS-PROVISION>                                    15
<INTEREST-EXPENSE>                                  22
<INCOME-PRETAX>                                     28
<INCOME-TAX>                                      (11)
<INCOME-CONTINUING>                                 17
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                        17
<EPS-PRIMARY>                                     0.13
<EPS-DILUTED>                                     0.13
<FN>
<F1>The company has adopted an unclassified presentation in the Statement of
Financial Condition.
</FN>