<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> Dec-31-1996 <PERIOD-END> Dec-31-1996 <CASH> 1,150,600 <SECURITIES> 0 <RECEIVABLES> 2,461,000 <ALLOWANCES> 117,400 <INVENTORY> 305,300 <CURRENT-ASSETS> 4,232,900 <PP&E> 21,410,800 <DEPRECIATION> 10,946,700 <TOTAL-ASSETS> 16,826,400 <CURRENT-LIABILITIES> 3,194,300 <BONDS> 2,974,800 <PREFERRED-MANDATORY> 11,800 <PREFERRED> 0 <COMMON> 1,091,300 <OTHER-SE> 7,428,600 <TOTAL-LIABILITY-AND-EQUITY> 16,826,400 <SALES> 0 <TOTAL-REVENUES> 13,887,500 <CGS> 0 <TOTAL-COSTS> 8,503,900 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 196,700 <INCOME-PRETAX> 1,911,900 <INCOME-TAX> 721,000 <INCOME-CONTINUING> 1,190,900 <DISCONTINUED> (2,600) <EXTRAORDINARY> (4,500) <CHANGES> 0 <NET-INCOME> 1,183,800 <EPS-PRIMARY> 2.80 <EPS-DILUTED> 2.77