<ARTICLE> UT <MULTIPLIER> 1,000,000 <CIK> 0000037637 <NAME> FLORIDA POWER CORPORATION <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1996 <PERIOD-TYPE> 3-MOS <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 3,598 <OTHER-PROPERTY-AND-INVEST> 193 <TOTAL-CURRENT-ASSETS> 376 <TOTAL-DEFERRED-CHARGES> 0 <OTHER-ASSETS> 104 <TOTAL-ASSETS> 4,271 <COMMON> 1,005 <CAPITAL-SURPLUS-PAID-IN> 0 <RETAINED-EARNINGS> 757 <TOTAL-COMMON-STOCKHOLDERS-EQ> 1,762 <PREFERRED-MANDATORY> 25 <PREFERRED> 114 <LONG-TERM-DEBT-NET> 1,179 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 51 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,140 <TOT-CAPITALIZATION-AND-LIAB> 4,271 <GROSS-OPERATING-REVENUE> 547 <INCOME-TAX-EXPENSE> 25 <OTHER-OPERATING-EXPENSES> 453 <TOTAL-OPERATING-EXPENSES> 478 <OPERATING-INCOME-LOSS> 69 <OTHER-INCOME-NET> 0 <INCOME-BEFORE-INTEREST-EXPEN> 69 <TOTAL-INTEREST-EXPENSE> 24 <NET-INCOME> 45 <PREFERRED-STOCK-DIVIDENDS> 2 <EARNINGS-AVAILABLE-FOR-COMM> 43 <COMMON-STOCK-DIVIDENDS> 47 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 190 <EPS-PRIMARY> 0.00 <EPS-DILUTED> 0.00