<ARTICLE> UT <MULTIPLIER> 1,000,000 <CIK> 0000357261 <NAME> FLORIDA PROGRESS CORPORATION <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> SEP-30-1997 <PERIOD-TYPE> 9-MOS <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 3,601 <OTHER-PROPERTY-AND-INVEST> 957 <TOTAL-CURRENT-ASSETS> 786 <TOTAL-DEFERRED-CHARGES> 494 <OTHER-ASSETS> 224 <TOTAL-ASSETS> 6,062 <COMMON> 1,209 <CAPITAL-SURPLUS-PAID-IN> 0 <RETAINED-EARNINGS> 671 <TOTAL-COMMON-STOCKHOLDERS-EQ> 1,880 <PREFERRED-MANDATORY> 0 <PREFERRED> 34 <LONG-TERM-DEBT-NET> 2,343 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 24 <LONG-TERM-DEBT-CURRENT-PORT> 15 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,766 <TOT-CAPITALIZATION-AND-LIAB> 6,062 <GROSS-OPERATING-REVENUE> 2,467 <INCOME-TAX-EXPENSE> 49 <OTHER-OPERATING-EXPENSES> 2,208 <TOTAL-OPERATING-EXPENSES> 2,257 <OPERATING-INCOME-LOSS> 210 <OTHER-INCOME-NET> 2 <INCOME-BEFORE-INTEREST-EXPEN> 212 <TOTAL-INTEREST-EXPENSE> 105 <NET-INCOME> 107 <PREFERRED-STOCK-DIVIDENDS> 1 <EARNINGS-AVAILABLE-FOR-COMM> 106 <COMMON-STOCK-DIVIDENDS> 153 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 390 <EPS-PRIMARY> 1.09 <EPS-DILUTED> 1.09