<ARTICLE> 5 <MULTIPLIER> 1,000 <CIK> 727742 <NAME> JEFFERSON SMURFIT CORPORATION (U.S) <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-START> JAN-01-1994 <PERIOD-END> JUN-30-1994 <CASH> 80,900 <SECURITIES> 0 <RECEIVABLES> 298,800 <ALLOWANCES> 8,900 <INVENTORY> 218,000 <CURRENT-ASSETS> 634,100 <PP&E> 1,994,600 <DEPRECIATION> 612,800 <TOTAL-ASSETS> 2,704,000 <CURRENT-LIABILITIES> 590,000 <BONDS> 2,434,900 <COMMON> 1,100 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> (760,100) <TOTAL-LIABILITY-AND-EQUITY> 2,704,000 <SALES> 1,493,600 <TOTAL-REVENUES> 1,493,600 <CGS> 1,284,100 <TOTAL-COSTS> 1,284,100 <OTHER-EXPENSES> 107,100 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 134,100 <INCOME-PRETAX> (28,600) <INCOME-TAX> (8,400) <INCOME-CONTINUING> (20,200) <DISCONTINUED> 0 <EXTRAORDINARY> (51,600) <CHANGES> 0 <NET-INCOME> (71,800) <EPS-PRIMARY> 0 <EPS-DILUTED> 0