<ARTICLE> 5 <LEGEND> This Schedule contains summary financial information extracted from the Watson Pharmaceuticals, Inc. Form 10-Q for the period ended September 30, 2000 and is qualified in its entirety by reference to such report. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-START> JAN-01-2000 <PERIOD-END> SEP-30-2000 <CASH> 103,334 <SECURITIES> 23,504 <RECEIVABLES> 87,282 <ALLOWANCES> 1,500 <INVENTORY> 257,552 <CURRENT-ASSETS> 712,970 <PP&E> 277,764 <DEPRECIATION> 93,619 <TOTAL-ASSETS> 2,691,657 <CURRENT-LIABILITIES> 217,350 <BONDS> 499,213 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 339 <OTHER-SE> 1,618,148 <TOTAL-LIABILITY-AND-EQUITY> 2,691,657 <SALES> 552,953 <TOTAL-REVENUES> 552,953 <CGS> 229,245 <TOTAL-COSTS> 229,245 <OTHER-EXPENSES> (336,034) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 15,898 <INCOME-PRETAX> 363,110 <INCOME-TAX> 177,098 <INCOME-CONTINUING> 186,012 <DISCONTINUED> 0 <EXTRAORDINARY> (1,216) <CHANGES> 0 <NET-INCOME> 184,796 <EPS-BASIC> 1.90 <EPS-DILUTED> 1.86