<ARTICLE> UT <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM (CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 1999) AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER>1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> JUN-30-1999 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> $6,337,560 <OTHER-PROPERTY-AND-INVEST> $398,087 <TOTAL-CURRENT-ASSETS> $898,488 <TOTAL-DEFERRED-CHARGES> $337,268 <OTHER-ASSETS> $594,714 <TOTAL-ASSETS> $8,566,117 <COMMON> $1,238,889 <CAPITAL-SURPLUS-PAID-IN> ($790) <RETAINED-EARNINGS> $1,737,466 <TOTAL-COMMON-STOCKHOLDERS-EQ> $2,975,565 <PREFERRED-MANDATORY> $0 <PREFERRED> $59,376 <LONG-TERM-DEBT-NET> $2,716,447 <SHORT-TERM-NOTES> $0 <LONG-TERM-NOTES-PAYABLE> $0 <COMMERCIAL-PAPER-OBLIGATIONS> $0 <LONG-TERM-DEBT-CURRENT-PORT> $201,610 <PREFERRED-STOCK-CURRENT> $0 <CAPITAL-LEASE-OBLIGATIONS> $0 <LEASES-CURRENT> $0 <OTHER-ITEMS-CAPITAL-AND-LIAB> $2,613,119 <TOT-CAPITALIZATION-AND-LIAB> $8,566,117 <GROSS-OPERATING-REVENUE> $1,525,724 <INCOME-TAX-EXPENSE> $103,320 <OTHER-OPERATING-EXPENSES> $1,168,945 <TOTAL-OPERATING-EXPENSES> $1,272,265 <OPERATING-INCOME-LOSS> $356,779 <OTHER-INCOME-NET> ($10,683) <INCOME-BEFORE-INTEREST-EXPEN> $242,776 <TOTAL-INTEREST-EXPENSE> $87,405 <NET-INCOME> $155,371 <PREFERRED-STOCK-DIVIDENDS> ($1,483) <EARNINGS-AVAILABLE-FOR-COMM> $153,888 <COMMON-STOCK-DIVIDENDS> $144,721 <TOTAL-INTEREST-ON-BONDS> $66,701 <CASH-FLOW-OPERATIONS> $416,936 <EPS-BASIC> 1.07 <EPS-DILUTED> 1.06