<ARTICLE> UT
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               SEP-30-1995
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                   18,990,175
<OTHER-PROPERTY-AND-INVEST>                  1,698,017
<TOTAL-CURRENT-ASSETS>                       3,385,661
<TOTAL-DEFERRED-CHARGES>                     2,807,077
<OTHER-ASSETS>                                       0
<TOTAL-ASSETS>                              26,880,930
<COMMON>                                     2,091,930
<CAPITAL-SURPLUS-PAID-IN>                    3,740,433
<RETAINED-EARNINGS>                          2,879,978
<TOTAL-COMMON-STOCKHOLDERS-EQ>               8,712,341
<PREFERRED-MANDATORY>                          137,500
<PREFERRED>                                    582,995
<LONG-TERM-DEBT-NET>                         8,207,071
<SHORT-TERM-NOTES>                                   0
<LONG-TERM-NOTES-PAYABLE>                            0
<COMMERCIAL-PAPER-OBLIGATIONS>                 106,304
<LONG-TERM-DEBT-CURRENT-PORT>                  444,715
<PREFERRED-STOCK-CURRENT>                            0
<CAPITAL-LEASE-OBLIGATIONS>                          0
<LEASES-CURRENT>                                     0
<OTHER-ITEMS-CAPITAL-AND-LIAB>               8,690,004
<TOT-CAPITALIZATION-AND-LIAB>               26,880,930
<GROSS-OPERATING-REVENUE>                    7,400,304
<INCOME-TAX-EXPENSE>                           866,709
<OTHER-OPERATING-EXPENSES>                   5,039,132
<TOTAL-OPERATING-EXPENSES>                   5,905,841
<OPERATING-INCOME-LOSS>                      1,494,463
<OTHER-INCOME-NET>                             127,235
<INCOME-BEFORE-INTEREST-EXPEN>               1,621,698
<TOTAL-INTEREST-EXPENSE>                       509,898
<NET-INCOME>                                 1,111,800
<PREFERRED-STOCK-DIVIDENDS>                     44,889
<EARNINGS-AVAILABLE-FOR-COMM>                1,066,911
<COMMON-STOCK-DIVIDENDS>                       627,048
<TOTAL-INTEREST-ON-BONDS>                            0
<CASH-FLOW-OPERATIONS>                       2,756,541
<EPS-PRIMARY>                                     2.50
<EPS-DILUTED>                                     2.50