<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BUSINESSES OF PACTIV CORPORATION COMBINED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH COMBINED FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <CASH> 7 <SECURITIES> 0 <RECEIVABLES> 223 <ALLOWANCES> 0 <INVENTORY> 440 <CURRENT-ASSETS> 881 <PP&E> 1,998 <DEPRECIATION> 503 <TOTAL-ASSETS> 4,671 <CURRENT-LIABILITIES> 1,384 <BONDS> 1,337 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 1,470 <TOTAL-LIABILITY-AND-EQUITY> 4,671 <SALES> 666 <TOTAL-REVENUES> 666 <CGS> 444 <TOTAL-COSTS> 444 <OTHER-EXPENSES> 177 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 36 <INCOME-PRETAX> 9 <INCOME-TAX> 3 <INCOME-CONTINUING> 6 <DISCONTINUED> (172) <EXTRAORDINARY> (7) <CHANGES> (32) <NET-INCOME> (205) <EPS-BASIC> (1.23) <EPS-DILUTED> (1.23)