<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the annual report on Form 10-K of The Mead Corporation for the year ended December 31, 1996 and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> DEC-31-1996 <CASH> 21 <SECURITIES> 0 <RECEIVABLES> 578 <ALLOWANCES> 28 <INVENTORY> 509 <CURRENT-ASSETS> 1,189 <PP&E> 5,199 <DEPRECIATION> 2,078 <TOTAL-ASSETS> 4,986 <CURRENT-LIABILITIES> 758 <BONDS> 1,240 <COMMON> 156 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 2,091 <TOTAL-LIABILITY-AND-EQUITY> 4,986 <SALES> 0 <TOTAL-REVENUES> 4,707 <CGS> 0 <TOTAL-COSTS> 3,804 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 58 <INCOME-PRETAX> 295 <INCOME-TAX> 109 <INCOME-CONTINUING> 190 <DISCONTINUED> 5 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 195 <EPS-PRIMARY> 3.67 <EPS-DILUTED> 0.00