<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1996 <CASH> 33,971 <SECURITIES> 0 <RECEIVABLES> 340,568 <ALLOWANCES> 8,742 <INVENTORY> 156,887 <CURRENT-ASSETS> 604,160 <PP&E> 5,970,091 <DEPRECIATION> 3,573,470 <TOTAL-ASSETS> 4,250,535 <CURRENT-LIABILITIES> 739,335 <BONDS> 2,101,132 <COMMON> 43,507 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 818,725 <TOTAL-LIABILITY-AND-EQUITY> 4,250,535 <SALES> 563,813 <TOTAL-REVENUES> 587,341 <CGS> 340,095 <TOTAL-COSTS> 349,940 <OTHER-EXPENSES> 79,732 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 47,563 <INCOME-PRETAX> 23,469 <INCOME-TAX> 7,700 <INCOME-CONTINUING> 15,769 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 15,769 <EPS-PRIMARY> .34 <EPS-DILUTED> .34