<ARTICLE>   5
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE
SHEET OF THE COMPANY AS OF JUNE 30, 1998 AND THE STATEMENT OF
OPERATIONS OF THE COMPANY FOR THE SIX MONTHS ENDED JUNE 30, 1998 AND 1997 AND 
IS QUALIFIED IN ITS ENTIRETY TO BE REFERENCED TO SUCH
FINANCIAL STATEMENTS. AMOUNTS ARE IN MILLIONS.
</LEGEND>
<MULTIPLIER>               1,000,000
       
                                                                                      
<PERIOD-TYPE>                                                     6-MOS                     6-MOS
<FISCAL-YEAR-END>                                                 DEC-31-1998               DEC-31-1997
<PERIOD-START>                                                    JAN-01-1998               JAN-01-1997
<PERIOD-END>                                                      JUN-30-1998               JUN-30-1997
<CASH>                                                                     47                     0
<SECURITIES>                                                                0                     0
<RECEIVABLES>                                                             592                     0
<ALLOWANCES>                                                                0                     0
<INVENTORY>                                                                 0                     0
<CURRENT-ASSETS>                                                        1,084                     0
<PP&E>                                                                      0                     0
<DEPRECIATION>                                                              0                     0
<TOTAL-ASSETS>                                                          8,828                     0
<CURRENT-LIABILITIES>                                                     738                     0
<BONDS>                                                                     0                     0
<PREFERRED-MANDATORY>                                                       0                     0
<PREFERRED>                                                                 0                     0
<COMMON>                                                                  289                     0
<OTHER-SE>                                                                637                     0
<TOTAL-LIABILITY-AND-EQUITY>                                            8,828                     0
<SALES>                                                                     0                     0
<TOTAL-REVENUES>                                                          530                   418
<CGS>                                                                       0                     0
<TOTAL-COSTS>                                                             334                   301
<OTHER-EXPENSES>                                                            8                   223
<LOSS-PROVISION>                                                            0                     0
<INTEREST-EXPENSE>                                                          0                     0
<INCOME-PRETAX>                                                           188                 (106)
<INCOME-TAX>                                                               66                     1
<INCOME-CONTINUING>                                                       122                  (107)
<DISCONTINUED>                                                              0                     0
<EXTRAORDINARY>                                                             0                     0
<CHANGES>                                                                   0                     0
<NET-INCOME>                                                              122                 (107)
<EPS-PRIMARY>                                                               0                     0
<EPS-DILUTED>                                                               0                     0