<ARTICLE> UT <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM (CONSOLIDATED INTERIM FINANCIAL STATEMENTS AS OF JUNE 30, 1998) AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1998 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> $6,268,239 <OTHER-PROPERTY-AND-INVEST> $253,380 <TOTAL-CURRENT-ASSETS> $854,427 <TOTAL-DEFERRED-CHARGES> $426,852 <OTHER-ASSETS> $580,247 <TOTAL-ASSETS> $8,383,145 <COMMON> $1,212,330 <CAPITAL-SURPLUS-PAID-IN> ($790) <RETAINED-EARNINGS> $1,624,745 <TOTAL-COMMON-STOCKHOLDERS-EQ> $2,836,285 <PREFERRED-MANDATORY> $0 <PREFERRED> $59,376 <LONG-TERM-DEBT-NET> $2,581,325 <SHORT-TERM-NOTES> $0 <LONG-TERM-NOTES-PAYABLE> $0 <COMMERCIAL-PAPER-OBLIGATIONS> $0 <LONG-TERM-DEBT-CURRENT-PORT> $168,075 <PREFERRED-STOCK-CURRENT> $0 <CAPITAL-LEASE-OBLIGATIONS> $0 <LEASES-CURRENT> $0 <OTHER-ITEMS-CAPITAL-AND-LIAB> $2,738,084 <TOT-CAPITALIZATION-AND-LIAB> $8,383,145 <GROSS-OPERATING-REVENUE> $1,488,447 <INCOME-TAX-EXPENSE> $127,832 <OTHER-OPERATING-EXPENSES> $1,109,025 <TOTAL-OPERATING-EXPENSES> $1,236,857 <OPERATING-INCOME-LOSS> $251,590 <OTHER-INCOME-NET> ($10,299) <INCOME-BEFORE-INTEREST-EXPEN> $241,291 <TOTAL-INTEREST-EXPENSE> $89,252 <NET-INCOME> $152,039 <PREFERRED-STOCK-DIVIDENDS> ($1,483) <EARNINGS-AVAILABLE-FOR-COMM> $150,556 <COMMON-STOCK-DIVIDENDS> $139,692 <TOTAL-INTEREST-ON-BONDS> $67,166 <CASH-FLOW-OPERATIONS> $347,557 <EPS-PRIMARY> 1.05 <EPS-DILUTED> 1.05