<ARTICLE> 5 <MULTIPLIER> 1,000,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> DEC-31-1994 <CASH> 5,145 <SECURITIES> 3,226 <RECEIVABLES> 1,695 <ALLOWANCES> 58 <INVENTORY> 3,356 <CURRENT-ASSETS> 0 <PP&E> 17,946 <DEPRECIATION> 7,107 <TOTAL-ASSETS> 49,539 <CURRENT-LIABILITIES> 0 <BONDS> 7,650 <COMMON> 364 <PREFERRED-MANDATORY> 0 <PREFERRED> 2 <OTHER-SE> 10,328 <TOTAL-LIABILITY-AND-EQUITY> 49,539 <SALES> 49,363 <TOTAL-REVENUES> 52,224 <CGS> 38,032 <F1> <TOTAL-COSTS> 0 <OTHER-EXPENSES> 3,933 <LOSS-PROVISION> 22 <INTEREST-EXPENSE> 937 <INCOME-PRETAX> 5,830 <INCOME-TAX> 2,117 <INCOME-CONTINUING> 3,713 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 3,713 <EPS-PRIMARY> 10.11 <EPS-DILUTED> 9.10 <FN> <F1> (1) Excludes depreciation of property and equipment, amortization of special tools, pension expense and nonpension postretirement benefit expense. </FN>