<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE COMPANY'S CONSOLIDATED STATEMENTS OF INCOME AND CONSOLIDATED BALANCE SHEETS 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-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> JUN-30-1997 <CASH> 297 <SECURITIES> 28 <RECEIVABLES> 404 <ALLOWANCES> 39 <INVENTORY> 81 <CURRENT-ASSETS> 927 <PP&E> 6,091 <DEPRECIATION> 1,139 <TOTAL-ASSETS> 7,676 <CURRENT-LIABILITIES> 862 <BONDS> 2,745 <PREFERRED-MANDATORY> 0 <PREFERRED> 15 <COMMON> 627 <OTHER-SE> 2,712 <TOTAL-LIABILITY-AND-EQUITY> 7,676 <SALES> 2,663 <TOTAL-REVENUES> 2,663 <CGS> 0 <TOTAL-COSTS> 2,242 <OTHER-EXPENSES> 35 <LOSS-PROVISION> 26 <INTEREST-EXPENSE> 88 <INCOME-PRETAX> 286 <INCOME-TAX> 118 <INCOME-CONTINUING> 161 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 161 <EPS-PRIMARY> .62 <EPS-DILUTED> .62