<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. Earnings per share amounts on this financial data schedule have been restated for the adoption of Statement of Financial Accounting Standards No. 128, Earnings Per Share, which requires a dual presentation of basic and diluted earnings per share. </LEGEND> <MULTIPLIER> 1000 <PERIOD-TYPE> 12-MOS 12-MOS <FISCAL-YEAR-END> DEC-31-1996 DEC-31-1995 <PERIOD-END> DEC-31-1996 DEC-31-1995 <CASH> 261,370 251,430 <SECURITIES> 56,613 45,503 <RECEIVABLES> 253,484 253,913 <ALLOWANCES> 8,733 8,602 <INVENTORY> 369,078 414,547 <CURRENT-ASSETS> 1,006,356 1,035,977 <PP&E> 878,224 839,206 <DEPRECIATION> 410,427 370,621 <TOTAL-ASSETS> 1,506,913 1,534,269 <CURRENT-LIABILITIES> 280,464 276,401 <BONDS> 8,289 11,616 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 14,470 14,470 <OTHER-SE> 1,062,067 1,102,090 <TOTAL-LIABILITY-AND-EQUITY> 1,506,913 1,534,269 <SALES> 1,436,053 1,439,487 <TOTAL-REVENUES> 1,436,053 1,439,487 <CGS> 778,816 746,971 <TOTAL-COSTS> 1,094,344 1,053,843 <OTHER-EXPENSES> 38,302 (12,871) <LOSS-PROVISION> 1,564 1,632 <INTEREST-EXPENSE> 2,740 3,160 <INCOME-PRETAX> 299,103 393,723 <INCOME-TAX> 109,209 144,906 <INCOME-CONTINUING> 189,894 248,817 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 189,894 248,817 <EPS-PRIMARY> 1.71 2.24 <EPS-DILUTED> 1.70 2.22