<ARTICLE> BD<F1> <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> NOV-24-2000 <PERIOD-START> NOV-29-1999<F2> <PERIOD-END> MAY-26-2000 <CASH> 19,486<F3> <RECEIVABLES> 30,575 <SECURITIES-RESALE> 31,606 <SECURITIES-BORROWED> 92,699 <INSTRUMENTS-OWNED> 97,726 <PP&E> 1,529<F4> <TOTAL-ASSETS> 278,319 <SHORT-TERM> 44,801 <PAYABLES> 64,929 <REPOS-SOLD> 35,114 <SECURITIES-LOANED> 10,957 <INSTRUMENTS-SOLD> 77,118 <LONG-TERM> 24,734 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 4 <OTHER-SE> 11,901 <TOTAL-LIABILITY-AND-EQUITY> 278,319 <TRADING-REVENUE> 3,431<F5> <INTEREST-DIVIDENDS> 8,028 <COMMISSIONS> 1,181<F6> <INVESTMENT-BANKING-REVENUES> 2,815 <FEE-REVENUE> 705<F6> <INTEREST-EXPENSE> 7,512 <COMPENSATION> 4,536<F7> <INCOME-PRETAX> 2,737 <INCOME-PRE-EXTRAORDINARY> 2,737 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,642 <EPS-BASIC> 3.39 <EPS-DILUTED> 3.23 <FN> <F1>The amounts disclosed in the financial data summary should be read in conjunction with the condensed consolidated financial statements and the notes thereto. <F2>Represents the first Monday of the period. <F3>Includes cash and cash equivalents and cash and securities segregated in compliance with U.S. federal and other regulations as disclosed on the condensed consolidated statement of financial condition. <F4>Included in other assets on the condensed consolidated statement of financial condition. <F5>Includes revenues from principal investments, which mainly represents revenues from the firm's merchant banking investments. <F6>Included in revenues from asset management and securities services on the consolidated statement of earnings. <F7>Includes amortization of employee initial public offering awards. </FN>