<ARTICLE>                                           5
<LEGEND>                                       
THIS RESTATED SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
PFIZER INC. AND SUBSIDIARY COMPANIES CONSOLIDATED BALANCE SHEET AND CONSOLIDATED
STATEMENT OF INCOME FOR THE PERIOD ENDED DECEMBER 31, 1997 RESTATED TO REFLECT
THE RESULTS OF OPERATIONS AND NET ASSETS OF THE MTG BUSINESSES - VALLEYLAB,
SCHNEIDER, AMERICAN MEDICAL SYSTEMS, HOWMEDICA AND STRATO/INFUSAID - AS
DISCONTINUED OPERATIONS. THIS RESTATED SCHEDULE IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS RESTATED AS DESCRIBED ABOVE.
</LEGEND>
<MULTIPLIER> 1,000,000
       
                                                        
<PERIOD-TYPE>                                          12-MOS
<FISCAL-YEAR-END>                                 DEC-31-1997
<PERIOD-END>                                      DEC-31-1997
<CASH>                                                    877
<SECURITIES>                                              712
<RECEIVABLES>                                           2,255
<ALLOWANCES>                                             (35)
<INVENTORY>                                             1,461
<CURRENT-ASSETS>                                        7,442
<PP&E>                                                  5,867
<DEPRECIATION>                                        (2,074)
<TOTAL-ASSETS>                                         14,991
<CURRENT-LIABILITIES>                                   4,994
<BONDS>                                                   725
<PREFERRED-MANDATORY>                                       0
<PREFERRED>                                                 0
<COMMON>                                                   69
<OTHER-SE>                                             12,588
<TOTAL-LIABILITY-AND-EQUITY>                           14,991
<SALES>                                                10,739
<TOTAL-REVENUES>                                       11,055
<CGS>                                                   1,776
<TOTAL-COSTS>                                           1,776
<OTHER-EXPENSES>                                        1,805
<LOSS-PROVISION>                                            5
<INTEREST-EXPENSE>                                        147
<INCOME-PRETAX>                                         2,867
<INCOME-TAX>                                              775
<INCOME-CONTINUING>                                     2,082
<DISCONTINUED>                                            131
<EXTRAORDINARY>                                             0
<CHANGES>                                                   0
<NET-INCOME>                                            2,213
<EPS-PRIMARY>                                            1.76 <F1>
<EPS-DILUTED>                                            1.70
<FN>
<F1>
The information reported above under "EPS-PRIMARY" represents basic earnings per
share for the year ended December 31, 1997.
</FN>