<ARTICLE> 5
<MULTIPLIER> 1,000
       
                                                          
<PERIOD-TYPE>                                                3-MOS
<FISCAL-YEAR-END>                                            DEC-31-1997
<PERIOD-END>                                                 MAR-31-1997
<CASH>                                                           458,100
<SECURITIES>                                                  40,132,300
<RECEIVABLES>                                                 14,412,000
<ALLOWANCES>                                                     291,400
<INVENTORY>                                                      320,800
<CURRENT-ASSETS>                                                       0
<PP&E>                                                         3,378,500
<DEPRECIATION>                                                 1,094,400
<TOTAL-ASSETS>                                                69,667,200
<CURRENT-LIABILITIES>                                                  0
<BONDS>                                                        4,491,700
<COMMON>                                                         115,000
<PREFERRED-MANDATORY>                                                  0
<PREFERRED>                                                            0
<OTHER-SE>                                                     8,500,100
<TOTAL-LIABILITY-AND-EQUITY>                                  69,667,200
<SALES>                                                          541,100
<TOTAL-REVENUES>                                               4,939,100
<CGS>                                                            237,200  
<TOTAL-COSTS>                                                  3,649,900
<OTHER-EXPENSES>                                                       0
<LOSS-PROVISION>                                                       0
<INTEREST-EXPENSE>                                                74,800
<INCOME-PRETAX>                                                  423,100
<INCOME-TAX>                                                     126,400
<INCOME-CONTINUING>                                              239,300
<DISCONTINUED>                                                         0
<EXTRAORDINARY>                                                        0
<CHANGES>                                                              0
<NET-INCOME>                                                     239,300
<EPS-PRIMARY>                                                       2.08
<EPS-DILUTED>                                                          0