<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CAPITAL CITIES/ABC, INC. CONSOLIDATED FINANCIAL STATEMENTS INCORPORATED BY REFERENCE IN FORM 10-K FOR THE PERIOD ENDING DECEMBER 31, 1994 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> DEC-31-1994 <CASH> 781,371 <SECURITIES> 238,029 <RECEIVABLES> 1,102,699 <ALLOWANCES> 46,419 <INVENTORY> 23,972 <CURRENT-ASSETS> 2,716,187 <PP&E> 2,122,494 <DEPRECIATION> 831,838 <TOTAL-ASSETS> 6,786,212 <CURRENT-LIABILITIES> 1,043,556 <BONDS> 610,666 <COMMON> 18,394 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 4,270,163 <TOTAL-LIABILITY-AND-EQUITY> 6,786,212 <SALES> 6,379,237 <TOTAL-REVENUES> 6,379,237 <CGS> 3,723,093 <TOTAL-COSTS> 3,723,093 <OTHER-EXPENSES> 1,394,737 <LOSS-PROVISION> 22,596 <INTEREST-EXPENSE> 55,070 <INCOME-PRETAX> 1,205,314 <INCOME-TAX> 525,500 <INCOME-CONTINUING> 679,814 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 679,814 <EPS-PRIMARY> 4.42 <EPS-DILUTED> 0