<ARTICLE> UT
                                                           Exhibit 27.01

<LEGEND>
This schedule contains summary financial information extracted from the
Statements of Income, Balance Sheets, Statements of Capitalization, Statements
of Changes in Common Stockholders' Equity and Statements of Cash Flows and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               DEC-31-1996
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                    4,337,880
<OTHER-PROPERTY-AND-INVEST>                    904,769
<TOTAL-CURRENT-ASSETS>                         797,223
<TOTAL-DEFERRED-CHARGES>                       354,128
<OTHER-ASSETS>                                 242,900
<TOTAL-ASSETS>                               6,636,900
<COMMON>                                       172,659
<CAPITAL-SURPLUS-PAID-IN>                      638,719
<RETAINED-EARNINGS>                          1,340,799
<TOTAL-COMMON-STOCKHOLDERS-EQ>               2,135,880<F1>
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                    240,469
<LONG-TERM-DEBT-NET>                         1,592,568
<SHORT-TERM-NOTES>                               6,867
<LONG-TERM-NOTES-PAYABLE>                            0
<COMMERCIAL-PAPER-OBLIGATIONS>                 361,500
<LONG-TERM-DEBT-CURRENT-PORT>                  261,218
<PREFERRED-STOCK-CURRENT>                            0
<CAPITAL-LEASE-OBLIGATIONS>                          0
<LEASES-CURRENT>                                     0
<OTHER-ITEMS-CAPITAL-AND-LIAB>               2,022,101<F1>
<TOT-CAPITALIZATION-AND-LIAB>                6,636,900
<GROSS-OPERATING-REVENUE>                    2,654,206
<INCOME-TAX-EXPENSE>                           146,810<F2>
<OTHER-OPERATING-EXPENSES>                   2,126,752
<TOTAL-OPERATING-EXPENSES>                   2,288,162
<OPERATING-INCOME-LOSS>                        366,044
<OTHER-INCOME-NET>                              24,594<F2>
<INCOME-BEFORE-INTEREST-EXPEN>                 405,238
<TOTAL-INTEREST-EXPENSE>                       130,699
<NET-INCOME>                                   274,539
<PREFERRED-STOCK-DIVIDENDS>                     12,245
<EARNINGS-AVAILABLE-FOR-COMM>                  262,294
<COMMON-STOCK-DIVIDENDS>                       187,521
<TOTAL-INTEREST-ON-BONDS>                      119,018
<CASH-FLOW-OPERATIONS>                         544,464
<EPS-PRIMARY>                                     3.82
<EPS-DILUTED>                                        0
<FN>

<F1>Note 1 - ($16,297) thousand of Common Stockholders' Equity is classified 
             as Other Items-Capitalization and Liabilities.  This represents 
             the net of leveraged common stock held by the Employee Stock 
             Ownership Plan and the currency translation adjustments.

<F2>Note 2 - ($14,600) thousand of non-operating income taxes are classified 
             as Income Tax Expense.  The financial statement presentation 
             includes them as a component of Other Income (Expense).
</FN>