<ARTICLE> UT <MULTIPLIER> 1,000,000 <CIK> 0000357261 <NAME> FLORIDA PROGRESS CORPORATION <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> SEP-30-1994 <PERIOD-TYPE> 9-MOS <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 3,639 <OTHER-PROPERTY-AND-INVEST> 1,220 <TOTAL-CURRENT-ASSETS> 612 <TOTAL-DEFERRED-CHARGES> 93 <OTHER-ASSETS> 161 <TOTAL-ASSETS> 5,726 <COMMON> 1,138 <CAPITAL-SURPLUS-PAID-IN> 0 <RETAINED-EARNINGS> 836 <TOTAL-COMMON-STOCKHOLDERS-EQ> 1,973 <PREFERRED-MANDATORY> 35 <PREFERRED> 114 <LONG-TERM-DEBT-NET> 1,868 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 23 <LONG-TERM-DEBT-CURRENT-PORT> 56 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,657 <TOT-CAPITALIZATION-AND-LIAB> 5,726 <GROSS-OPERATING-REVENUE> 2,056 <INCOME-TAX-EXPENSE> 85 <OTHER-OPERATING-EXPENSES> 1,692 <TOTAL-OPERATING-EXPENSES> 1,777 <OPERATING-INCOME-LOSS> 279 <OTHER-INCOME-NET> (8) <INCOME-BEFORE-INTEREST-EXPEN> 271 <TOTAL-INTEREST-EXPENSE> 100 <NET-INCOME> 171 <PREFERRED-STOCK-DIVIDENDS> 8 <EARNINGS-AVAILABLE-FOR-COMM> 164 <COMMON-STOCK-DIVIDENDS> 137 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 396 <EPS-PRIMARY> 1.79 <EPS-DILUTED> 1.79