<ARTICLE> 5 <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> JUN-30-1995 <CASH> 89 <SECURITIES> 810 <RECEIVABLES> 1,475 <ALLOWANCES> 17 <INVENTORY> 615 <CURRENT-ASSETS> 3,492 <PP&E> 20,651 <DEPRECIATION> 6,638 <TOTAL-ASSETS> 19,953 <CURRENT-LIABILITIES> 5,550 <BONDS> 0 <COMMON> 2,303 <PREFERRED-MANDATORY> 0 <PREFERRED> 78 <OTHER-SE> 1,220 <TOTAL-LIABILITY-AND-EQUITY> 19,953 <SALES> 0 <TOTAL-REVENUES> 8,277 <CGS> 0 <TOTAL-COSTS> 7,543 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 358 <INCOME-PRETAX> 394 <INCOME-TAX> 164 <INCOME-CONTINUING> 230 <DISCONTINUED> 0 <EXTRAORDINARY> (13) <CHANGES> 0 <NET-INCOME> 217 <EPS-PRIMARY> 2.79 <EPS-DILUTED> 2.62