<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE COMPANY'S BALANCE SHEET AT JUNE 30, 1998 AND INCOME STATEMENT FOR THE SIX MONTH PERIOD ENDED JUNE 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS AND THEIR RELATED FOOTNOTES. </LEGEND> <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> JUN-30-1998 <CASH> 1,185 <SECURITIES> 525 <RECEIVABLES> 2,981 <ALLOWANCES> 31 <INVENTORY> 1,445 <CURRENT-ASSETS> 6,879 <PP&E> 50,247 <DEPRECIATION> 27,143 <TOTAL-ASSETS> 36,176 <CURRENT-LIABILITIES> 7,305 <BONDS> 4,349 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,069 <OTHER-SE> 16,605 <TOTAL-LIABILITY-AND-EQUITY> 36,176 <SALES> 15,218 <TOTAL-REVENUES> 15,622 <CGS> 0 <TOTAL-COSTS> 13,964 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 193 <INCOME-PRETAX> 1,658 <INCOME-TAX> 581 <INCOME-CONTINUING> 1,077 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,077 <EPS-PRIMARY> 1.65 <EPS-DILUTED> 1.64