<ARTICLE> 5 <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> MAR-31-1997 <CASH> 479 <SECURITIES> 0 <RECEIVABLES> 2,352 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 4,570 <PP&E> 17,183 <DEPRECIATION> 6,944 <TOTAL-ASSETS> 15,261 <CURRENT-LIABILITIES> 2,900 <BONDS> 2,766 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 57 <OTHER-SE> 6,040 <TOTAL-LIABILITY-AND-EQUITY> 15,261 <SALES> 5,664 <TOTAL-REVENUES> 5,664 <CGS> 0 <TOTAL-COSTS> 5,238 <OTHER-EXPENSES> 7 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 41 <INCOME-PRETAX> 388 <INCOME-TAX> 160 <INCOME-CONTINUING> 288 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 228 <EPS-PRIMARY> 0.40 <EPS-DILUTED> 0.40