<ARTICLE> CT
<LEGEND>
                       ITT CORPORATION AND SUBSIDIARIES
                           FINANCIAL DATA SCHEDULE
                                (in millions)

This schedule contains summary financial information extracted from the
September 30, 1994 Financial Statements included in Form 10-Q and is qualified
in its entirety by reference to such Financial Statements.
</LEGEND>
<MULTIPLIER> 1,000,000
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               SEP-30-1994
<TOTAL-ASSETS>                                  62,546
<COMMON>                                           109
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                        657
<OTHER-SE>                                       5,142
<TOTAL-LIABILITY-AND-EQUITY>                    62,546
<TOTAL-REVENUES>                                16,884
<INCOME-TAX>                                       285
<INCOME-CONTINUING>                                610
<DISCONTINUED>                                     118
<EXTRAORDINARY>                                      0
<CHANGES>                                            6
<NET-INCOME>                                       734
<EPS-PRIMARY>                                     6.02
<EPS-DILUTED>                                     5.65