<ARTICLE> UT <MULTIPLIER> 1,000,000 <CIK> 0000357261 <NAME> FLORIDA PROGRESS CORPORATION <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <PERIOD-TYPE> YEAR <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 3,517 <OTHER-PROPERTY-AND-INVEST> 845 <TOTAL-CURRENT-ASSETS> 689 <TOTAL-DEFERRED-CHARGES> 121 <OTHER-ASSETS> 176 <TOTAL-ASSETS> 5,348 <COMMON> 1,208 <CAPITAL-SURPLUS-PAID-IN> 0 <RETAINED-EARNINGS> 716 <TOTAL-COMMON-STOCKHOLDERS-EQ> 1,924 <PREFERRED-MANDATORY> 0 <PREFERRED> 34 <LONG-TERM-DEBT-NET> 1,777 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 4 <LONG-TERM-DEBT-CURRENT-PORT> 35 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,574 <TOT-CAPITALIZATION-AND-LIAB> 5,348 <GROSS-OPERATING-REVENUE> 3,158 <INCOME-TAX-EXPENSE> 146 <OTHER-OPERATING-EXPENSES> 2,675 <TOTAL-OPERATING-EXPENSES> 2,821 <OPERATING-INCOME-LOSS> 337 <OTHER-INCOME-NET> 21 <INCOME-BEFORE-INTEREST-EXPEN> 352 <TOTAL-INTEREST-EXPENSE> 128 <NET-INCOME> 230 <PREFERRED-STOCK-DIVIDENDS> 6 <EARNINGS-AVAILABLE-FOR-COMM> 224 <COMMON-STOCK-DIVIDENDS> 200 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 562 <EPS-PRIMARY> 2.32 <EPS-DILUTED> 2.32