<ARTICLE> 5 <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> OCT-31-1998 <PERIOD-END> JAN-31-1998 <CASH> 188 <SECURITIES> 361 <RECEIVABLES> 1575 <ALLOWANCES> 32 <INVENTORY> 506 <CURRENT-ASSETS> 0<F1> <PP&E> 1772 <DEPRECIATION> 876 <TOTAL-ASSETS> 4929 <CURRENT-LIABILITIES> 0<F1> <BONDS> 1145 <PREFERRED-MANDATORY> 0 <PREFERRED> 244 <COMMON> 2136 <OTHER-SE> (1407) <TOTAL-LIABILITY-AND-EQUITY> 4929 <SALES> 1672 <TOTAL-REVENUES> 1727 <CGS> 1454 <TOTAL-COSTS> 1666 <OTHER-EXPENSES> 45 <LOSS-PROVISION> 3 <INTEREST-EXPENSE> 17 <INCOME-PRETAX> 61 <INCOME-TAX> 23 <INCOME-CONTINUING> 38 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 38 <EPS-PRIMARY> .43<F2> <EPS-DILUTED> .42 <FN> <F1>The company has adopted an unclassified presentation in the Statement of Financial Condition. <F2>Amount represents Basic Earnings Per Share. </FN>