<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED STATEMENT OF INCOME FOR THE SIX MONTHS ENDED JUNE 30, 1999 AND THE
CONSOLDATED BALANCE SHEET AS OF JUNE 30, 1999 AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000,000

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               JUN-30-1999
<CASH>                                             413
<SECURITIES>                                        32
<RECEIVABLES>                                      598
<ALLOWANCES>                                        18
<INVENTORY>                                        419
<CURRENT-ASSETS>                                 1,570
<PP&E>                                           9,680<F1>
<DEPRECIATION>                                   3,476
<TOTAL-ASSETS>                                   8,440
<CURRENT-LIABILITIES>                            1,161
<BONDS>                                          2,593
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            56
<OTHER-SE>                                       2,887
<TOTAL-LIABILITY-AND-EQUITY>                     8,440
<SALES>                                          2,576
<TOTAL-REVENUES>                                 2,576
<CGS>                                            2,245
<TOTAL-COSTS>                                    2,245
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                 124
<INCOME-PRETAX>                                     93
<INCOME-TAX>                                        12
<INCOME-CONTINUING>                                 81
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                        81
<EPS-BASIC>                                       0.85
<EPS-DILUTED>                                     0.84
<FN>
<F1>Includes timber and timberlands.
</FN>