<ARTICLE> 5 <CIK> 0000075677 <NAME> PACKAGING CORPORATION OF AMERICA <MULTIPLIER> 1,000 <PERIOD-TYPE> OTHER <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-START> JAN-01-2000 <PERIOD-END> MAR-31-2000 <CASH> 24,284 <SECURITIES> 42 <RECEIVABLES> 224,266 <ALLOWANCES> 4,882 <INVENTORY> 160,346 <CURRENT-ASSETS> 422,393 <PP&E> 2,505,233 <DEPRECIATION> 870,812 <TOTAL-ASSETS> 2,156,856 <CURRENT-LIABILITIES> 202,908 <BONDS> 1,316,213 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,058 <OTHER-SE> 548,378 <TOTAL-LIABILITY-AND-EQUITY> 2,156,856 <SALES> 456,127 <TOTAL-REVENUES> 456,127 <CGS> 350,145 <TOTAL-COSTS> 350,145 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 506 <INTEREST-EXPENSE> 30,242 <INCOME-PRETAX> 42,499 <INCOME-TAX> 17,253 <INCOME-CONTINUING> 25,246 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 25,246 <EPS-BASIC> .07 <EPS-DILUTED> .06