<ARTICLE> UT <MULTIPLIER> 1000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> MAR-31-1995 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 3,127,816 <OTHER-PROPERTY-AND-INVEST> 490,585 <TOTAL-CURRENT-ASSETS> 407,200 <TOTAL-DEFERRED-CHARGES> 269,801 <OTHER-ASSETS> 391,743 <TOTAL-ASSETS> 4,687,145 <COMMON> 291,329 <CAPITAL-SURPLUS-PAID-IN> 564,420 <RETAINED-EARNINGS> 633,067 <TOTAL-COMMON-STOCKHOLDERS-EQ> 1,488,816 <PREFERRED-MANDATORY> 25,000 <PREFERRED> 93,493 <LONG-TERM-DEBT-NET> 1,169,020 <SHORT-TERM-NOTES> 37,176 <LONG-TERM-NOTES-PAYABLE> 119,597 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 143,188 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 101,168 <LEASES-CURRENT> 8,433 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,501,254 <TOT-CAPITALIZATION-AND-LIAB> 4,687,145 <GROSS-OPERATING-REVENUE> 491,669 <INCOME-TAX-EXPENSE> 47,926 <OTHER-OPERATING-EXPENSES> 349,931 <TOTAL-OPERATING-EXPENSES> 397,857 <OPERATING-INCOME-LOSS> 93,812 <OTHER-INCOME-NET> (3,341) <INCOME-BEFORE-INTEREST-EXPEN> 90,471 <TOTAL-INTEREST-EXPENSE> 28,621 <NET-INCOME> 61,850 <PREFERRED-STOCK-DIVIDENDS> 1,916 <EARNINGS-AVAILABLE-FOR-COMM> 59,934 <COMMON-STOCK-DIVIDENDS> 45,447 <TOTAL-INTEREST-ON-BONDS> 21,584 <CASH-FLOW-OPERATIONS> 143,731 <EPS-PRIMARY> 0.51 <EPS-DILUTED> 0.51