<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> Dec-31-1997 <PERIOD-END> Dec-31-1997 <CASH> 101,700 <SECURITIES> 0 <RECEIVABLES> 2,642,300 <ALLOWANCES> 146,700 <INVENTORY> 352,000 <CURRENT-ASSETS> 3,772,600 <PP&E> 23,210,900 <DEPRECIATION> 11,716,800 <TOTAL-ASSETS> 18,184,800 <CURRENT-LIABILITIES> 3,076,800 <BONDS> 3,748,600 <PREFERRED-MANDATORY> 11,500 <PREFERRED> 0 <COMMON> 1,091,300 <OTHER-SE> 7,933,900 <TOTAL-LIABILITY-AND-EQUITY> 18,184,800 <SALES> 0 <TOTAL-REVENUES> 14,873,900 <CGS> 0 <TOTAL-COSTS> 9,177,300 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 187,200 <INCOME-PRETAX> 1,583,000 <INCOME-TAX> 630,500 <INCOME-CONTINUING> 952,500 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 952,500 <EPS-PRIMARY> 2.21 <EPS-DILUTED> 2.18