<ARTICLE> UT <CIK> 0001023291 <NAME> TEXAS UTILITIES COMPANY <MULTIPLIER> 1,000,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> DEC-31-1998 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 22,867 <OTHER-PROPERTY-AND-INVEST> 9,312 <TOTAL-CURRENT-ASSETS> 4,587 <TOTAL-DEFERRED-CHARGES> 2,748 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 39,514 <COMMON> 6,940 <CAPITAL-SURPLUS-PAID-IN> 0 <RETAINED-EARNINGS> 1,448 <TOTAL-COMMON-STOCKHOLDERS-EQ> 8,246 <PREFERRED-MANDATORY> 1,214 <PREFERRED> 190 <LONG-TERM-DEBT-NET> 15,133 <SHORT-TERM-NOTES> 896 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 2,055 <LONG-TERM-DEBT-CURRENT-PORT> 1,071 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 10,709 <TOT-CAPITALIZATION-AND-LIAB> 39,514 <GROSS-OPERATING-REVENUE> 14,736 <INCOME-TAX-EXPENSE> 526 <OTHER-OPERATING-EXPENSES> 12,273 <TOTAL-OPERATING-EXPENSES> 12,273 <OPERATING-INCOME-LOSS> 2,463 <OTHER-INCOME-NET> 45 <INCOME-BEFORE-INTEREST-EXPEN> 2,508 <TOTAL-INTEREST-EXPENSE> 1,381 <NET-INCOME> 740 <PREFERRED-STOCK-DIVIDENDS> 0 <EARNINGS-AVAILABLE-FOR-COMM> 740 <COMMON-STOCK-DIVIDENDS> 573 <TOTAL-INTEREST-ON-BONDS> 476 <CASH-FLOW-OPERATIONS> 2,005 <EPS-PRIMARY> 2.79 <EPS-DILUTED> 2.79