<ARTICLE> 5 <MULTIPLIER> 1,000 <CIK> 798916 <NAME> JEFFERSON SMURFIT CORPORATION (U.S.) <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-START> JAN-01-1994 <PERIOD-END> DEC-31-1994 <CASH> 61,800 <SECURITIES> 0 <RECEIVABLES> 324,900 <ALLOWANCES> 8,600 <INVENTORY> 223,700 <CURRENT-ASSETS> 646,500 <PP&E> 2,084,300 <DEPRECIATION> 657,200 <TOTAL-ASSETS> 2,759,000 <CURRENT-LIABILITIES> 636,000 <BONDS> 2,391,700 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> (730,300) <TOTAL-LIABILITY-AND-EQUITY> 2,759,000 <SALES> 3,233,300 <TOTAL-REVENUES> 3,233,300 <CGS> 2,718,700 <TOTAL-COSTS> 2,718,700 <OTHER-EXPENSES> 223,700 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 268,500 <INCOME-PRETAX> 28,700 <INCOME-TAX> 16,400 <INCOME-CONTINUING> 12,300 <DISCONTINUED> 0 <EXTRAORDINARY> (55,400) <CHANGES> 0 <NET-INCOME> (43,100) <EPS-PRIMARY> 0 <EPS-DILUTED> 0