<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-31-1996
<PERIOD-START>                                 DEC-31-1995
<PERIOD-END>                                   MAR-30-1996
<EXCHANGE-RATE>                                       1.00
<CASH>                                             127,200
<SECURITIES>                                       208,900
<RECEIVABLES>                                      521,300
<ALLOWANCES>                                        54,600
<INVENTORY>                                      2,998,400
<CURRENT-ASSETS>                                 4,083,200
<PP&E>                                           2,309,000
<DEPRECIATION>                                     791,300
<TOTAL-ASSETS>                                   6,647,300
<CURRENT-LIABILITIES>                            2,677,600
<BONDS>                                          1,018,000
<PREFERRED-MANDATORY>                                1,300
<PREFERRED>                                        298,600
<COMMON>                                           171,000
<OTHER-SE>                                       2,450,500
<TOTAL-LIABILITY-AND-EQUITY>                     6,647,300
<SALES>                                          2,765,600
<TOTAL-REVENUES>                                 2,765,600
<CGS>                                            1,969,400
<TOTAL-COSTS>                                    1,969,400
<OTHER-EXPENSES>                                   639,057
<LOSS-PROVISION>                                         0
<INTEREST-EXPENSE>                                  16,900
<INCOME-PRETAX>                                    140,200
<INCOME-TAX>                                        60,500
<INCOME-CONTINUING>                                 79,700
<DISCONTINUED>                                     (26,300)
<EXTRAORDINARY>                                          0
<CHANGES>                                                0
<NET-INCOME>                                        53,400
<EPS-PRIMARY>                                         0.14
<EPS-DILUTED>                                         0.13