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