<ARTICLE> UT <SUBSIDIARY> <NUMBER> 001 <NAME> CENTRAL AND SOUTH WEST CORPORATION <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> Dec-31-1998 <PERIOD-END> Jun-30-1998 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 8,325 <OTHER-PROPERTY-AND-INVEST> 299 <TOTAL-CURRENT-ASSETS> 1,690 <TOTAL-DEFERRED-CHARGES> 500 <OTHER-ASSETS> 2,969 <TOTAL-ASSETS> 13,783 <COMMON> 744 <CAPITAL-SURPLUS-PAID-IN> 1,045 <RETAINED-EARNINGS> 1,748 <TOTAL-COMMON-STOCKHOLDERS-EQ> 3,537 <PREFERRED-MANDATORY> 0 <PREFERRED> 176 <LONG-TERM-DEBT-NET> 4,074 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 40 <COMMERCIAL-PAPER-OBLIGATIONS> 1,704 <LONG-TERM-DEBT-CURRENT-PORT> 92 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 4 <LEASES-CURRENT> 2 <OTHER-ITEMS-CAPITAL-AND-LIAB> 4,154 <TOT-CAPITALIZATION-AND-LIAB> 13,783 <GROSS-OPERATING-REVENUE> 2,601 <INCOME-TAX-EXPENSE> 76 <OTHER-OPERATING-EXPENSES> 2,148 <TOTAL-OPERATING-EXPENSES> 2,224 <OPERATING-INCOME-LOSS> 377 <OTHER-INCOME-NET> 27 <INCOME-BEFORE-INTEREST-EXPEN> 404 <TOTAL-INTEREST-EXPENSE> 238 <NET-INCOME> 166 <PREFERRED-STOCK-DIVIDENDS> 4 <EARNINGS-AVAILABLE-FOR-COMM> 166 <COMMON-STOCK-DIVIDENDS> 185 <TOTAL-INTEREST-ON-BONDS> 105 <CASH-FLOW-OPERATIONS> 403 <EPS-PRIMARY> 0.78 <EPS-DILUTED> 0.78