<ARTICLE> UT <MULTIPLIER> 1,000,000 <CIK> 0000357261 <NAME> FLORIDA PROGRESS CORPORATION <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1997 <PERIOD-TYPE> 6-MOS <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 3,524 <OTHER-PROPERTY-AND-INVEST> 892 <TOTAL-CURRENT-ASSETS> 804 <TOTAL-DEFERRED-CHARGES> 124 <OTHER-ASSETS> 185 <TOTAL-ASSETS> 5,529 <COMMON> 1,209 <CAPITAL-SURPLUS-PAID-IN> 0 <RETAINED-EARNINGS> 662 <TOTAL-COMMON-STOCKHOLDERS-EQ> 1,871 <PREFERRED-MANDATORY> 0 <PREFERRED> 34 <LONG-TERM-DEBT-NET> 1,827 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 94 <LONG-TERM-DEBT-CURRENT-PORT> 25 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,678 <TOT-CAPITALIZATION-AND-LIAB> 5,529 <GROSS-OPERATING-REVENUE> 1,545 <INCOME-TAX-EXPENSE> 18 <OTHER-OPERATING-EXPENSES> 1,412 <TOTAL-OPERATING-EXPENSES> 1,430 <OPERATING-INCOME-LOSS> 115 <OTHER-INCOME-NET> 0 <INCOME-BEFORE-INTEREST-EXPEN> 115 <TOTAL-INTEREST-EXPENSE> 66 <NET-INCOME> 49 <PREFERRED-STOCK-DIVIDENDS> 1 <EARNINGS-AVAILABLE-FOR-COMM> 48 <COMMON-STOCK-DIVIDENDS> 102 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 195 <EPS-PRIMARY> 0.50 <EPS-DILUTED> 0.50