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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
------------------------
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) March 24, 1998
Fort James Corporation
(Exact name of registrant as specified in its charter)
Virginia
(State or other jurisdiction of incorporation)
1-7911 54-0848173
(Commission File Number) (IRS Employer Identification Number)
1650 Lake Cook Road, Deerfield, Illinois 60015-4753
(Address of principal executive offices, including zip code)
Registrant's telephone number, including area code (847) 317-5000
James River Corporation of Virginia
(Former name, if changed since last report.)
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<PAGE>
Item 5. Other Events.
The financial data schedules for the years ended December 29, 1996, and
December 31, 1995, are filed herewith.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
c. Exhibits.
27.1 Financial Data Schedules for the year ended December 29, 1996,
(filed electronically only).
27.2 Financial Data Schedules for the year ended December 31, 1995,
(filed electronically only).
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
FORT JAMES CORPORATION
By: /s/ William A. Paterson
----------------------
William A. Paterson
Senior Vice President and
Controller
Date: March 24, 1998
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORT
JAMES CORPORATION'S DECEMBER 29, 1996 FINANCIAL STATEMENTS
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<CIK> 0000053117
<NAME> FORT JAMES CORPORATION
<MULTIPLIER> 1,000,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-29-1996
<PERIOD-END> DEC-29-1996
<CASH> 35
<SECURITIES> 0
<RECEIVABLES> 781
<ALLOWANCES> 0
<INVENTORY> 802
<CURRENT-ASSETS> 1,809
<PP&E> 7,925
<DEPRECIATION> 2,926
<TOTAL-ASSETS> 8,157
<CURRENT-LIABILITIES> 1,542
<BONDS> 4,305
0
738
<COMMON> 19
<OTHER-SE> 94
<TOTAL-LIABILITY-AND-EQUITY> 8,157
<SALES> 7,707
<TOTAL-REVENUES> 7,707
<CGS> 5,564
<TOTAL-COSTS> 5,564
<OTHER-EXPENSES> 11
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 424
<INCOME-PRETAX> 504
<INCOME-TAX> 171
<INCOME-CONTINUING> 328
<DISCONTINUED> 0
<EXTRAORDINARY> (8)
<CHANGES> 0
<NET-INCOME> 320
<EPS-PRIMARY> 1.44
<EPS-DILUTED> 1.43
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORT JAMES
CORPORATION'S DECEMBER 31, 1995 FINANCIAL STATEMENTS AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000053117
<NAME> FORT JAMES CORPORATION
<MULTIPLIER> 1,000,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> DEC-31-1995
<CASH> 67
<SECURITIES> 0
<RECEIVABLES> 945
<ALLOWANCES> 0
<INVENTORY> 985
<CURRENT-ASSETS> 2,162
<PP&E> 8,153
<DEPRECIATION> 2,813
<TOTAL-ASSETS> 8,911
<CURRENT-LIABILITIES> 1,425
<BONDS> 5,406
0
740
<COMMON> 17
<OTHER-SE> (342)
<TOTAL-LIABILITY-AND-EQUITY> 8,911
<SALES> 8,888
<TOTAL-REVENUES> 8,888
<CGS> 6,835
<TOTAL-COSTS> 6,835
<OTHER-EXPENSES> 52
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 536
<INCOME-PRETAX> 289
<INCOME-TAX> 128
<INCOME-CONTINUING> 160
<DISCONTINUED> 0
<EXTRAORDINARY> (19)
<CHANGES> 0
<NET-INCOME> 141
<EPS-PRIMARY> 0.51
<EPS-DILUTED> 0.50
</TABLE>
