<ARTICLE>  5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED STATEMENT OF INCOME FOR THE TWELVE MONTHS ENDED DECEMBER 31, 1996
AND THE CONSOLIDATED BALANCE SHEET AS OF DECEMBER 31, 1996 AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER>  1,000
       
                           
<PERIOD-TYPE>                 YEAR
<FISCAL-YEAR-END>                                  DEC-31-1996
<PERIOD-START>                                     JAN-01-1996
<PERIOD-END>                                       DEC-31-1996
<CASH>                                                 174,638
<SECURITIES>                                                 0
<RECEIVABLES>                                          598,059
<ALLOWANCES>                                            18,666
<INVENTORY>                                            458,043
<CURRENT-ASSETS>                                     1,315,732
<PP&E>                                              11,662,414 <F1>
<DEPRECIATION>                                       3,644,088
<TOTAL-ASSETS>                                       9,819,992
<CURRENT-LIABILITIES>                                  944,040
<BONDS>                                              3,085,424
<PREFERRED-MANDATORY>                                        0
<PREFERRED>                                                  0
<COMMON>                                                55,162
<OTHER-SE>                                           3,700,506
<TOTAL-LIABILITY-AND-EQUITY>                         9,819,992
<SALES>                                              5,880,443
<TOTAL-REVENUES>                                     5,880,443
<CGS>                                                5,134,428
<TOTAL-COSTS>                                        5,134,428
<OTHER-EXPENSES>                                             0
<LOSS-PROVISION>                                             0
<INTEREST-EXPENSE>                                     222,214
<INCOME-PRETAX>                                        204,970
<INCOME-TAX>                                            63,664
<INCOME-CONTINUING>                                    141,306
<DISCONTINUED>                                               0
<EXTRAORDINARY>                                              0
<CHANGES>                                                    0
<NET-INCOME>                                           141,306
<EPS-PRIMARY>                                             1.48
<EPS-DILUTED>                                             1.48
<FN>
<F1> Includes timber and timberlands.
</FN>