WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE. <ARTICLE> UT <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> DEC-31-1998 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 3787 <OTHER-PROPERTY-AND-INVEST> 493 <TOTAL-CURRENT-ASSETS> 501 <TOTAL-DEFERRED-CHARGES> 500 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 5281 <COMMON> 1051 <CAPITAL-SURPLUS-PAID-IN> (9) <RETAINED-EARNINGS> 678 <TOTAL-COMMON-STOCKHOLDERS-EQ> 1746 <PREFERRED-MANDATORY> 61 <PREFERRED> 106 <LONG-TERM-DEBT-NET> 1623 <SHORT-TERM-NOTES> 195 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 107 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1443 <TOT-CAPITALIZATION-AND-LIAB> 5281 <GROSS-OPERATING-REVENUE> 1632 <INCOME-TAX-EXPENSE> 136 <OTHER-OPERATING-EXPENSES> 1151 <TOTAL-OPERATING-EXPENSES> 1287 <OPERATING-INCOME-LOSS> 345 <OTHER-INCOME-NET> 13 <INCOME-BEFORE-INTEREST-EXPEN> 358 <TOTAL-INTEREST-EXPENSE> 123 <NET-INCOME> 231 <PREFERRED-STOCK-DIVIDENDS> 8 <EARNINGS-AVAILABLE-FOR-COMM> 223 <COMMON-STOCK-DIVIDENDS> 162 <TOTAL-INTEREST-ON-BONDS> 88 <CASH-FLOW-OPERATIONS> 467 <EPS-PRIMARY> 2.12 <EPS-DILUTED> 0