<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS RESTATED SUMMARY FINANCIAL INFORMATION TO REFLECT THE
MERGER WITH COLTEC WHICH OCCURRED IN THE THIRD QUARTER OF 1999 AND WAS ACCOUNTED
FOR AS A POOLING OF INTERESTS.
</LEGEND>
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               DEC-31-1996
<CASH>                                         152,100
<SECURITIES>                                         0
<RECEIVABLES>                                  746,000
<ALLOWANCES>                                    28,200
<INVENTORY>                                    805,800
<CURRENT-ASSETS>                             1,806,000
<PP&E>                                       2,770,400
<DEPRECIATION>                               1,413,600
<TOTAL-ASSETS>                               4,324,900
<CURRENT-LIABILITIES>                        1,071,200
<BONDS>                                      1,599,100
<PREFERRED-MANDATORY>                          122,600
<PREFERRED>                                          0
<COMMON>                                       540,900
<OTHER-SE>                                     208,600
<TOTAL-LIABILITY-AND-EQUITY>                 4,324,900
<SALES>                                      4,005,500
<TOTAL-REVENUES>                             4,005,500
<CGS>                                        2,841,000
<TOTAL-COSTS>                                2,841,000
<OTHER-EXPENSES>                                11,200
<LOSS-PROVISION>                                 7,500
<INTEREST-EXPENSE>                             164,700
<INCOME-PRETAX>                                290,700
<INCOME-TAX>                                   103,200
<INCOME-CONTINUING>                            177,000
<DISCONTINUED>                                 115,500
<EXTRAORDINARY>                                (30,600)
<CHANGES>                                            0
<NET-INCOME>                                   261,900
<EPS-BASIC>                                       2.49
<EPS-DILUTED>                                     2.40