<ARTICLE> OPUR1 <LEGEND> (Amounts in 1,000's, except earnings per share) Income tax expense includes $16,082,000 related to other income. </LEGEND> <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> SEP-30-1997 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 5,179,897 <OTHER-PROPERTY-AND-INVEST> 1,157,876 <TOTAL-CURRENT-ASSETS> 488,137 <TOTAL-DEFERRED-CHARGES> 1,895,392 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 8,721,302 <COMMON> 1,373,125 <CAPITAL-SURPLUS-PAID-IN> 579,828 <RETAINED-EARNINGS> 630,489 <TOTAL-COMMON-STOCKHOLDERS-EQ> 2,583,442 <PREFERRED-MANDATORY> 150,000 <PREFERRED> 211,870 <LONG-TERM-DEBT-NET> 2,401,833 <SHORT-TERM-NOTES> 175,690 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 119,984 <LONG-TERM-DEBT-CURRENT-PORT> 380,913 <PREFERRED-STOCK-CURRENT> 5,000 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 5,306 <OTHER-ITEMS-CAPITAL-AND-LIAB> 2,687,264 <TOT-CAPITALIZATION-AND-LIAB> 8,721,302 <GROSS-OPERATING-REVENUE> 1,850,684 <INCOME-TAX-EXPENSE> 156,991 <OTHER-OPERATING-EXPENSES> 1,316,416 <TOTAL-OPERATING-EXPENSES> 1,457,325 <OPERATING-INCOME-LOSS> 393,359 <OTHER-INCOME-NET> 39,605 <INCOME-BEFORE-INTEREST-EXPEN> 432,964 <TOTAL-INTEREST-EXPENSE> 188,232 <NET-INCOME> 244,732 <PREFERRED-STOCK-DIVIDENDS> 9,373 <EARNINGS-AVAILABLE-FOR-COMM> 235,359 <COMMON-STOCK-DIVIDENDS> 162,512 <TOTAL-INTEREST-ON-BONDS> 155,137 <CASH-FLOW-OPERATIONS> 615,421 <EPS-PRIMARY> 1.63 <EPS-DILUTED> 1.63