<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Form 10-Q for the Period Ended July 27, 1994 and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> QTR-1 <FISCAL-YEAR-END> MAY-03-1995 <PERIOD-START> APR-28-1994 <PERIOD-END> JUL-27-1994 <CASH> 90,715 <SECURITIES> 71,603 <RECEIVABLES> 809,318 <ALLOWANCES> 0 <INVENTORY> 1,171,957 <CURRENT-ASSETS> 2,344,420 <PP&E> 3,616,347 <DEPRECIATION> 1,338,584 <TOTAL-ASSETS> 6,643,630 <CURRENT-LIABILITIES> 1,851,913 <BONDS> 1,761,231 <COMMON> 71,850 <PREFERRED-MANDATORY> 0 <PREFERRED> 389 <OTHER-SE> 2,313,153 <TOTAL-LIABILITY-AND-EQUITY> 6,643,630 <SALES> 1,736,098 <TOTAL-REVENUES> 1,736,098 <CGS> 1,101,450 <TOTAL-COSTS> 1,101,450 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 40,710 <INCOME-PRETAX> 247,545 <INCOME-TAX> 92,829 <INCOME-CONTINUING> 154,716 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 154,716 <EPS-PRIMARY> 0.62 <EPS-DILUTED> 0.61