<ARTICLE> 5 <LEGEND> The schedule contains summary financial information extracted from the registrant's consolidated statement of income for the nine months ended September 30, 1998 and consolidated balance sheet as of September 30, 1998 and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0001018963 <NAME> Allegheny Teledyne Incorporated <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <CASH> 68 <SECURITIES> 0 <RECEIVABLES> 554 <ALLOWANCES> 13 <INVENTORY> 670 <CURRENT-ASSETS> 1,388 <PP&E> 1,819 <DEPRECIATION> 1,013 <TOTAL-ASSETS> 2,985 <CURRENT-LIABILITIES> 541 <BONDS> 370 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 20 <OTHER-SE> 1,319 <TOTAL-LIABILITY-AND-EQUITY> 2,985 <SALES> 2,948 <TOTAL-REVENUES> 2,948 <CGS> 2,249 <TOTAL-COSTS> 2,249 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 13 <INCOME-PRETAX> 272 <INCOME-TAX> 104 <INCOME-CONTINUING> 168 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 168 <EPS-PRIMARY> 0.85 <EPS-DILUTED> 0.85