<ARTICLE> 5 <LEGEND> Schedule contains summary financial information extracted from the condensed consolidated financial statements and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> MAR-31-1997 <CASH> 94 <SECURITIES> 0 <RECEIVABLES> 699 <ALLOWANCES> 0 <INVENTORY> 275 <CURRENT-ASSETS> 1,454 <PP&E> 30,476 <DEPRECIATION> 5,230 <TOTAL-ASSETS> 28,186 <CURRENT-LIABILITIES> 3,109 <BONDS> 8,075 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 688 <OTHER-SE> 7,551 <TOTAL-LIABILITY-AND-EQUITY> 28,186 <SALES> 0 <TOTAL-REVENUES> 2,810 <CGS> 0 <TOTAL-COSTS> 2,465 <OTHER-EXPENSES> 28 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 150 <INCOME-PRETAX> 205 <INCOME-TAX> 77 <INCOME-CONTINUING> 128 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 128 <EPS-PRIMARY> 0.52 <EPS-DILUTED> 0