<ARTICLE> 5 <LEGEND> The schedule contains summary financial information extracted from the Consolidated Balance Sheet & Consolidated Statement of Income and is qualified in its entirety by reference to such financial statements. Amounts in thousands of dollars, except per share amounts. </LEGEND> <MULTIPLIER> 1000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <CASH> 261,370 <SECURITIES> 56,613 <RECEIVABLES> 253,484 <ALLOWANCES> (8,733) <INVENTORY> 369,078 <CURRENT-ASSETS> 1,006,356 <PP&E> 878,224 <DEPRECIATION> (410,427) <TOTAL-ASSETS> 1,506,913 <CURRENT-LIABILITIES> 280,464 <BONDS> 8,289 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 14,470 <OTHER-SE> 1,062,067 <TOTAL-LIABILITY-AND-EQUITY> 1,506,913 <SALES> 1,436,053 <TOTAL-REVENUES> 1,436,053 <CGS> 778,816 <TOTAL-COSTS> 1,094,344 <OTHER-EXPENSES> 38,302 <LOSS-PROVISION> 1,564 <INTEREST-EXPENSE> 2,740 <INCOME-PRETAX> 299,103 <INCOME-TAX> 109,209 <INCOME-CONTINUING> 189,894 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 189,894 <EPS-PRIMARY> 1.71 <EPS-DILUTED> 1.71