Consolidated Statements of Cash Flows

		Six Months Ended June 30
			1997		1996
Operating Activities:
Net income		$	198.4	$	26.7

Adjustments for items not affecting cash from operating activities:

Depreciation			117.3		143.1
Estimated gain on exiting business			(135.0)		-
Deferred income taxes			37.8		5.5
Other - net			15.5		2.8

Working capital (excluding financing and investing activities):
Receivables - operating			(11.0)		(23.6)
Receivables - sold			-		60.0
Inventories			96.7		28.0
Accounts payable			(30.4)		10.5
Employment costs and other			(18.2)		(72.1)

Cash Provided from Operating Activities			271.1		180.9

Investing Activities:
Capital expenditures			(116.2)		(136.8)
Cash proceeds from asset sales and other			147.8		5.3

Cash Provided (Used) for Investing Activities			31.6		(131.5)

Financing Activities:
Pension expense			80.0		95.0
Pension funding			(265.0)		(95.0)
Long-term debt and capital lease borrowings			0.8		1.5
Long-term debt and capital lease payments			(26.7)		(46.0)
Cash dividends paid			(20.2)		(20.2)
Other payments			(20.6)		(9.1)

Cash Used for Financing Activities			(251.7)		(73.8)

Net Increase (Decrease) in Cash and Cash Equivalents			51.0		(24.4)
Cash and Cash Equivalents	- Beginning of Period		136.6		180.0

	- End of Period	$	187.6	$	155.6

Supplemental Cash Payment Information:
Interest, net of amount capitalized		$	27.5	$	27.4
Income taxes		$	7.3	$	3.3

The accompanying Notes are an integral part of the Consolidated Financial Statements.