<ARTICLE> 5 <MULTIPLIER> 1000 <CURRENCY> US DOLLARS <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> SEP-30-1997 <EXCHANGE-RATE> 1 <CASH> 16,292 <SECURITIES> 155,222 <RECEIVABLES> 703,496 <ALLOWANCES> (11,636) <INVENTORY> 16,335 <CURRENT-ASSETS> 0 <PP&E> 7,141,907 <DEPRECIATION> (1,166,154) <TOTAL-ASSETS> 7,788,362 <CURRENT-LIABILITIES> 0 <BONDS> 5,103,762 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,083 <OTHER-SE> 1,115,013 <TOTAL-LIABILITY-AND-EQUITY> 7,788,362 <SALES> 0 <TOTAL-REVENUES> 2,956,810 <CGS> 0 <TOTAL-COSTS> 2,430,633 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 5,041 <INTEREST-EXPENSE> 232,424 <INCOME-PRETAX> 288,712 <INCOME-TAX> 121,658 <INCOME-CONTINUING> 167,054 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 167,054 <EPS-PRIMARY> 1.54 <EPS-DILUTED> 1.54