<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