<ARTICLE> UT <SUBSIDIARY> <NUMBER> 001 <NAME> CENTRAL AND SOUTH WEST CORPORATION <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 3-MOS 9-MOS <FISCAL-YEAR-END> DEC-31-1995 DEC-31-1995 <PERIOD-END> SEP-30-1995 SEP-30-1995 <BOOK-VALUE> PER-BOOK PER-BOOK <TOTAL-NET-UTILITY-PLANT> 7,433 7,433 <OTHER-PROPERTY-AND-INVEST> 624 624 <TOTAL-CURRENT-ASSETS> 1,483 1,483 <TOTAL-DEFERRED-CHARGES> 515 515 <OTHER-ASSETS> 1,241 1,241 <TOTAL-ASSETS> 11,296 11,296 <COMMON> 673 673 <CAPITAL-SURPLUS-PAID-IN> 597 597 <RETAINED-EARNINGS> 1,914 1,914 <TOTAL-COMMON-STOCKHOLDERS-EQ> 3,184 3,184 <PREFERRED-MANDATORY> 34 34 <PREFERRED> 292 292 <LONG-TERM-DEBT-NET> 2,940 2,940 <SHORT-TERM-NOTES> 0 0 <LONG-TERM-NOTES-PAYABLE> 50 50 <COMMERCIAL-PAPER-OBLIGATIONS> 1,544 1,544 <LONG-TERM-DEBT-CURRENT-PORT> 26 26 <PREFERRED-STOCK-CURRENT> 2 2 <CAPITAL-LEASE-OBLIGATIONS> 11 11 <LEASES-CURRENT> 4 4 <OTHER-ITEMS-CAPITAL-AND-LIAB> 3,209 3,209 <TOT-CAPITALIZATION-AND-LIAB> 11,296 11,296 <GROSS-OPERATING-REVENUE> 1,087 2,666 <INCOME-TAX-EXPENSE> 87 64 <OTHER-OPERATING-EXPENSES> 733 2,075 <TOTAL-OPERATING-EXPENSES> 820 2,139 <OPERATING-INCOME-LOSS> 267 527 <OTHER-INCOME-NET> 21 76 <INCOME-BEFORE-INTEREST-EXPEN> 288 603 <TOTAL-INTEREST-EXPENSE> 85 249 <NET-INCOME> 203 354 <PREFERRED-STOCK-DIVIDENDS> 4 14 <EARNINGS-AVAILABLE-FOR-COMM> 199 340 <COMMON-STOCK-DIVIDENDS> 83 248 <TOTAL-INTEREST-ON-BONDS> 60 172 <CASH-FLOW-OPERATIONS> 213 505 <EPS-PRIMARY> 1.04 1.78 <EPS-DILUTED> 1.04 1.78