<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAR-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 101,500 <SECURITIES> 0 <RECEIVABLES> 763,400 <ALLOWANCES> 34,800 <INVENTORY> 697,500 <CURRENT-ASSETS> 2,318,400 <PP&E> 2,588,400 <DEPRECIATION> 1,119,300 <TOTAL-ASSETS> 7,398,700 <CURRENT-LIABILITIES> 2,110,600 <BONDS> 2,273,700 <PREFERRED-MANDATORY> 225,000 <PREFERRED> 48,100 <COMMON> 202,400 <OTHER-SE> 110,500 <TOTAL-LIABILITY-AND-EQUITY> 7,398,700 <SALES> 658,000 <TOTAL-REVENUES> 658,000 <CGS> 496,700 <TOTAL-COSTS> 108,200 <OTHER-EXPENSES> 36,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 15,500 <INCOME-PRETAX> 1,600 <INCOME-TAX> 8,800 <INCOME-CONTINUING> (7,200) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (7,200) <EPS-PRIMARY> (.20) <EPS-DILUTED> (.20)