<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED BALANCE SHEET AND STATEMENT OF CONSOLIDATED INCOME OF THE COMPANY AS OF AND FOR THE THREE MONTHS ENDED MARCH 30, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> MAR-31-1996 <CASH> 96,766 <SECURITIES> 513 <RECEIVABLES> 625,575 <ALLOWANCES> 36,025 <INVENTORY> 42,275 <CURRENT-ASSETS> 917,325 <PP&E> 2,387,459 <DEPRECIATION> 527,028 <TOTAL-ASSETS> 3,629,605 <CURRENT-LIABILITIES> 504,215 <BONDS> 2,052,142 <COMMON> 24,815 <PREFERRED-MANDATORY> 0 <PREFERRED> 49 <OTHER-SE> 516,577 <TOTAL-LIABILITY-AND-EQUITY> 3,629,605 <SALES> 138,655 <TOTAL-REVENUES> 520,672 <CGS> 122,311 <TOTAL-COSTS> 343,399 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 745 <INTEREST-EXPENSE> 7,521 <INCOME-PRETAX> 15,199 <INCOME-TAX> 6,384 <INCOME-CONTINUING> 9,288 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 9,288 <EPS-PRIMARY> $0.19 <EPS-DILUTED> $0.19