<ARTICLE> 5 <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JAN-01-1996 <PERIOD-END> MAR-31-1996 <EXCHANGE-RATE> 1 <CASH> 4,185 <SECURITIES> 152 <RECEIVABLES> 330,730 <ALLOWANCES> 13,080 <INVENTORY> 161,361 <CURRENT-ASSETS> 597,457 <PP&E> 7,844,115 <DEPRECIATION> 2,756,261 <TOTAL-ASSETS> 6,450,519 <CURRENT-LIABILITIES> 573,561 <BONDS> 2,260,293 <PREFERRED-MANDATORY> 151,237 <PREFERRED> 0 <COMMON> 170,086 <OTHER-SE> 1,988,053 <TOTAL-LIABILITY-AND-EQUITY> 6,450,519 <SALES> 648,018 <TOTAL-REVENUES> 648,018 <CGS> 402,725 <TOTAL-COSTS> 517,180 <OTHER-EXPENSES> 2,325 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 44,885 <INCOME-PRETAX> 84,664 <INCOME-TAX> 33,246 <INCOME-CONTINUING> 51,418 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 51,418 <EPS-PRIMARY> 0.43 <EPS-DILUTED> 0.43