<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the Form
10-Q for the period ending June 30, 1998 and is qualified in its entirety by
reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000,000
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               JUN-30-1998
<CASH>                                             801
<SECURITIES>                                     2,959
<RECEIVABLES>                                       61
<ALLOWANCES>                                         0
<INVENTORY>                                          3
<CURRENT-ASSETS>                                 3,874
<PP&E>                                             573
<DEPRECIATION>                                     224
<TOTAL-ASSETS>                                   4,719
<CURRENT-LIABILITIES>                              175
<BONDS>                                          2,137
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             3
<OTHER-SE>                                       2,098
<TOTAL-LIABILITY-AND-EQUITY>                     4,719
<SALES>                                            115
<TOTAL-REVENUES>                                   190
<CGS>                                               55
<TOTAL-COSTS>                                       96
<OTHER-EXPENSES>                                   103
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                  40
<INCOME-PRETAX>                                  (127)
<INCOME-TAX>                                       (5)
<INCOME-CONTINUING>                              (122)
<DISCONTINUED>                                     932
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       810
<EPS-PRIMARY>                                    $2.73
<EPS-DILUTED>                                    $2.73