<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-31-1997 <PERIOD-END> DEC-31-1997 <CASH> 216,994 <SECURITIES> 43,452 <RECEIVABLES> 242,791 <ALLOWANCES> (8,101) <INVENTORY> 360,074 <CURRENT-ASSETS> 935,459 <PP&E> 810,901 <DEPRECIATION> (364,392) <TOTAL-ASSETS> 1,422,261 <CURRENT-LIABILITIES> 264,861 <BONDS> 5,114 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 14,470 <OTHER-SE> 986,018 <TOTAL-LIABILITY-AND-EQUITY> 1,422,261 <SALES> 1,426,791 <TOTAL-REVENUES> 1,426,791 <CGS> 773,145 <TOTAL-COSTS> 1,093,116 <OTHER-EXPENSES> (10,442) <LOSS-PROVISION> 1,506 <INTEREST-EXPENSE> 2,420 <INCOME-PRETAX> 340,191 <INCOME-TAX> 121,962 <INCOME-CONTINUING> 218,229 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 218,229 <EPS-PRIMARY> 2.00 <EPS-DILUTED> 1.99