<ARTICLE> 5
<LEGEND>
  The financial data reported in this schedule has been 
restated to reflect the merger of CVS Corporation and Arbor 
Drugs, Inc. which was accounted for as a pooling of interests.
</LEGEND>
<RESTATED>
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                              DEC-31-1997
<PERIOD-START>                                 DEC-31-1996
<PERIOD-END>                                   JUN-28-1997
<EXCHANGE-RATE>                                       1.00
<CASH>                                             109,000
<SECURITIES>                                         4,100
<RECEIVABLES>                                      439,300
<ALLOWANCES>                                        33,700
<INVENTORY>                                      2,498,300
<CURRENT-ASSETS>                                 3,400,400
<PP&E>                                           1,711,500
<DEPRECIATION>                                     640,700
<TOTAL-ASSETS>                                   5,654,000
<CURRENT-LIABILITIES>                            2,430,900
<BONDS>                                            609,800
<PREFERRED-MANDATORY>                                    0
<PREFERRED>                                        286,300
<COMMON>                                             1,900
<OTHER-SE>                                       2,091,700
<TOTAL-LIABILITY-AND-EQUITY>                     5,654,000
<SALES>                                          6,804,600
<TOTAL-REVENUES>                                 6,804,600
<CGS>                                            4,963,700
<TOTAL-COSTS>                                    4,963,700
<OTHER-EXPENSES>                                 1,956,000
<LOSS-PROVISION>                                     7,600
<INTEREST-EXPENSE>                                  29,100
<INCOME-PRETAX>                                   (144,200)
<INCOME-TAX>                                       (14,900)
<INCOME-CONTINUING>                               (129,300)
<DISCONTINUED>                                      17,500
<EXTRAORDINARY>                                    (17,100)
<CHANGES>                                                0
<NET-INCOME>                                      (128,900)
<EPS-PRIMARY>                                        (0.37)
<EPS-DILUTED>                                        (0.37)