WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

  



<ARTICLE>                                   UT

<LEGEND>                            THE SCHEDULE CONTAINS
                                    SUMMARY FINANCIAL
                                    INFORMATION EXTRACTED
                                    FROM CONSOLIDATED
                                    BALANCE SHEET, STATEMENT OF
                                    CAPITALIZATION, INCOME
                                    STATEMENT, RETAINED EARNINGS
                                    STATEMENT AND STATEMENT OF
                                    CASH FLOWS AND IS QUALIFIED
                                    IN ITS ENTIRETY BY REFERENCE
                                    TO SUCH FINANCIAL STATEMENTS
                                    AND THE NOTES THERETO

<MULTIPLIER>                                 1,000

<FISCAL-YEAR-END>                       DEC-31-1995

<PERIOD-END>                            DEC-31-1995

<PERIOD-TYPE>                           YEAR

<BOOK-VALUE>                            PER-BOOK

<TOTAL-NET-UTILITY-PLANT>               10,814,403

<OTHER-PROPERTY-AND-INVEST>                145,646

<TOTAL-CURRENT-ASSETS>                   1,247,842

<TOTAL-DEFERRED-CHARGES>                   699,739

<OTHER-ASSETS>                           1,042,260

<TOTAL-ASSETS>                          13,949,890

<CAPITAL-SURPLUS-PAID-IN>                  838,308

<RETAINED-EARNINGS>                      4,097,035

<TOTAL-COMMON-STOCKHOLDERS-EQ>           5,522,734

<COMMON>                                   587,391

<PREFERRED-MANDATORY>                      100,000

<PREFERRED>                                539,917

<LONG-TERM-DEBT-NET>                     3,917,244

<SHORT-TERM-NOTES>                             0



<LONG-TERM-NOTES-PAYABLE>                      0

<COMMERCIAL-PAPER-OBLIGATIONS>                 0

<LONG-TERM-DEBT-CURRENT-PORT>               183,524

<PREFERRED-STOCK-CURRENT>                      0

<CAPITAL-LEASE-OBLIGATIONS>                 45,250

<LEASES-CURRENT>                             2,555

<OTHER-ITEMS-CAPITAL-AND-LIAB>           3,638,666

<TOT-CAPITALIZATION-AND-LIAB>           13,949,890

<GROSS-OPERATING-REVENUE>                6,536,897

<INCOME-TAX-EXPENSE>                       396,560

<OTHER-OPERATING-EXPENSES>               5,098,958

<TOTAL-OPERATING-EXPENSES>               5,495,518

<OPERATING-INCOME-LOSS>                  1,041,379

<OTHER-INCOME-NET>                           11,520

<INCOME-BEFORE-INTEREST-EXPEN>           1,052,899

<TOTAL-INTEREST-EXPENSE>                   329,049

<NET-INCOME>                               723,850

<PREFERRED-STOCK-DIVIDENDS>                 35,565

<EARNINGS-AVAILABLE-FOR-COMM>              688,285

<COMMON-STOCK-DIVIDENDS>                   479,262

<TOTAL-INTEREST-ON-BONDS>                  301,917

<CASH-FLOW-OPERATIONS>                   1,276,458

<EPS-PRIMARY>                                2.93

<EPS-DILUTED>                                2.93