<ARTICLE> 5 <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1996 <CASH> 6,174 <SECURITIES> 2,175 <RECEIVABLES> 2,290 <ALLOWANCES> 69 <INVENTORY> 5,137 <CURRENT-ASSETS> 0 <PP&E> 21,023 <DEPRECIATION> 8,105 <TOTAL-ASSETS> 56,421 <CURRENT-LIABILITIES> 0 <BONDS> 9,763 <PREFERRED-MANDATORY> 0 <PREFERRED> 0<F2> <COMMON> 409 <OTHER-SE> 10,998 <TOTAL-LIABILITY-AND-EQUITY> 56,421 <SALES> 14,044 <TOTAL-REVENUES> 14,956 <CGS> 11,005<F1> <TOTAL-COSTS> 0 <OTHER-EXPENSES> 1,087 <LOSS-PROVISION> 8 <INTEREST-EXPENSE> 272 <INCOME-PRETAX> 1,670 <INCOME-TAX> 665 <INCOME-CONTINUING> 1,005 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,005 <EPS-PRIMARY> 2.64 <EPS-DILUTED> 2.61 <FN> <F1>Excludes depreciation of property and equipment, amortization of special tools, pension expense and nonpension postretirement benefit expense. <F2>Less than $1 million. </FN>