<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>                   3-MOS
<FISCAL-YEAR-END>                              DEC-31-1997
<PERIOD-START>                                 DEC-31-1996
<PERIOD-END>                                   MAR-29-1997
<EXCHANGE-RATE>                                       1.00
<CASH>                                             395,200
<SECURITIES>                                       181,600
<RECEIVABLES>                                      437,200
<ALLOWANCES>                                        44,500
<INVENTORY>                                      2,515,500
<CURRENT-ASSETS>                                 3,683,000
<PP&E>                                           1,676,200
<DEPRECIATION>                                     601,200
<TOTAL-ASSETS>                                   5,967,300
<CURRENT-LIABILITIES>                            2,020,600
<BONDS>                                          1,195,800
<PREFERRED-MANDATORY>                                    0
<PREFERRED>                                        296,300
<COMMON>                                             1,900
<OTHER-SE>                                       2,218,200
<TOTAL-LIABILITY-AND-EQUITY>                     5,967,300
<SALES>                                          3,397,800
<TOTAL-REVENUES>                                 3,397,800
<CGS>                                            2,430,000
<TOTAL-COSTS>                                    2,430,000
<OTHER-EXPENSES>                                   791,900
<LOSS-PROVISION>                                     7,600
<INTEREST-EXPENSE>                                  12,900
<INCOME-PRETAX>                                    163,100
<INCOME-TAX>                                        71,000
<INCOME-CONTINUING>                                 92,100
<DISCONTINUED>                                         100
<EXTRAORDINARY>                                          0
<CHANGES>                                                0
<NET-INCOME>                                        92,200
<EPS-PRIMARY>                                         0.24
<EPS-DILUTED>                                         0.24