<ARTICLE> 5 <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-START> JAN-01-1994 <PERIOD-END> SEP-30-1994 <EXCHANGE-RATE> 1 <CASH> 20,874 <SECURITIES> 91,355 <RECEIVABLES> 541,552 <ALLOWANCES> (9,397) <INVENTORY> 34,278 <CURRENT-ASSETS> 0 <PP&E> 5,937,614 <DEPRECIATION> (963,192) <TOTAL-ASSETS> 6,536,026 <CURRENT-LIABILITIES> 0 <BONDS> 4,401,002 <COMMON> 1 <PREFERRED-MANDATORY> 0 <PREFERRED> 485,900 <OTHER-SE> 247,713 <TOTAL-LIABILITY-AND-EQUITY> 6,536,026 <SALES> 0 <TOTAL-REVENUES> 2,478,904 <CGS> 0 <TOTAL-COSTS> 2,116,370 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 5,051 <INTEREST-EXPENSE> 204,618 <INCOME-PRETAX> 152,865 <INCOME-TAX> 66,088 <INCOME-CONTINUING> 86,777 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 86,777 <EPS-PRIMARY> 0 <EPS-DILUTED> 0