<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED BALANCE SHEETS OF THE GEON COMPANY AND SUBSIDIARIES AS OF SEPTEMBER
30, 1997 AND DECEMBER 31, 1996 AND THE RELATED CONSOLIDATED OF INCOME FOR THE
THREE AND NINE MONTH PERIODS ENDED SEPTEMBER 30, 1997 AND 1996 AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<RESTATED> 
<MULTIPLIER> 1,000,000
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               SEP-30-1997
<CASH>                                              15
<SECURITIES>                                        10
<RECEIVABLES>                                       87
<ALLOWANCES>                                         2
<INVENTORY>                                         94
<CURRENT-ASSETS>                                   238
<PP&E>                                           1,160
<DEPRECIATION>                                     732
<TOTAL-ASSETS>                                     794
<CURRENT-LIABILITIES>                              239
<BONDS>                                            137
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             3
<OTHER-SE>                                         224
<TOTAL-LIABILITY-AND-EQUITY>                       794
<SALES>                                            938
<TOTAL-REVENUES>                                   938
<CGS>                                              805
<TOTAL-COSTS>                                      897
<OTHER-EXPENSES>                                     4
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   8
<INCOME-PRETAX>                                     28
<INCOME-TAX>                                         9
<INCOME-CONTINUING>                                 19
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                        19
<EPS-PRIMARY>                                      .83
<EPS-DILUTED>                                      .81