<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> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> JUN-30-1999 <CASH> 18 <SECURITIES> 0 <RECEIVABLES> 320 <ALLOWANCES> 0 <INVENTORY> 447 <CURRENT-ASSETS> 912 <PP&E> 2,025 <DEPRECIATION> 530 <TOTAL-ASSETS> 4,486 <CURRENT-LIABILITIES> 1,060 <BONDS> 1,494 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 1,340 <TOTAL-LIABILITY-AND-EQUITY> 4,486 <SALES> 1,404 <TOTAL-REVENUES> 1,404 <CGS> 924 <TOTAL-COSTS> 924 <OTHER-EXPENSES> 336 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 68 <INCOME-PRETAX> 76 <INCOME-TAX> 24 <INCOME-CONTINUING> 52 <DISCONTINUED> (163) <EXTRAORDINARY> (7) <CHANGES> (32) <NET-INCOME> (150) <EPS-BASIC> (0.90) <EPS-DILUTED> (0.90)