<ARTICLE>                     5
<LEGEND>
 The  schedule  contains  summary  financial   information   extracted  from the
registrant's  consolidated  statements  of  income  for the  nine  months  ended
September 30, 1997 and consolidated  balance sheets as of September 30, 1997 and
is qualified in its entirety by reference to such financial statements.
</LEGEND>
<CIK>                         0001018963                        
<NAME>                        ALLEGHENY TELEDYNE INCORPORATED 
<MULTIPLIER>                  1,000,000 
       
                                            
<PERIOD-TYPE>                                  9-MOS
<FISCAL-YEAR-END>                              DEC-31-1997
<PERIOD-START>                                 JAN-01-1997
<PERIOD-END>                                   SEP-30-1997
<CASH>                                            35    
<SECURITIES>                                      34    
<RECEIVABLES>                                    610   
<ALLOWANCES>                                      14    
<INVENTORY>                                      667   
<CURRENT-ASSETS>                               1,462 
<PP&E>                                         1,723 
<DEPRECIATION>                                   969   
<TOTAL-ASSETS>                                 2,922 
<CURRENT-LIABILITIES>                            587   
<BONDS>                                          414   
<PREFERRED-MANDATORY>                              0            
<PREFERRED>                                        0     
<COMMON>                                          20    
<OTHER-SE>                                     1,179 
<TOTAL-LIABILITY-AND-EQUITY>                   2,922               
<SALES>                                        3,039 
<TOTAL-REVENUES>                               3,039 
<CGS>                                          2,304 
<TOTAL-COSTS>                                  2,304 
<OTHER-EXPENSES>                                   0     
<LOSS-PROVISION>                                   0     
<INTEREST-EXPENSE>                                14    
<INCOME-PRETAX>                                  386   
<INCOME-TAX>                                     147   
<INCOME-CONTINUING>                              239   
<DISCONTINUED>                                     0     
<EXTRAORDINARY>                                    0     
<CHANGES>                                          0     
<NET-INCOME>                                     239   
<EPS-PRIMARY>                                   1.22        
<EPS-DILUTED>                                   1.19