<ARTICLE> 5 <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1997 <PERIOD-END> JUN-30-1997 <EXCHANGE-RATE> 1 <CASH> 15,955 <SECURITIES> 5,107 <RECEIVABLES> 294,523 <ALLOWANCES> 14,402 <INVENTORY> 162,722 <CURRENT-ASSETS> 570,809 <PP&E> 8,305,062 <DEPRECIATION> 3,047,881 <TOTAL-ASSETS> 6,563,833 <CURRENT-LIABILITIES> 661,194 <BONDS> 2,205,455 <PREFERRED-MANDATORY> 0 <PREFERRED> 170,086 <COMMON> 153,021 <OTHER-SE> 2,056,554 <TOTAL-LIABILITY-AND-EQUITY> 6,563,833 <SALES> 1,157,730 <TOTAL-REVENUES> 1,157,730 <CGS> 627,113 <TOTAL-COSTS> 860,497 <OTHER-EXPENSES> 4,626 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 92,523 <INCOME-PRETAX> 206,940 <INCOME-TAX> 77,666 <INCOME-CONTINUING> 129,274 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 129,274 <EPS-PRIMARY> 1.06 <EPS-DILUTED> 1.06