<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAY-31-1997 <PERIOD-START> JUN-01-1996 <PERIOD-END> AUG-31-1996 <CASH> $40,045 <SECURITIES> 0 <RECEIVABLES> 139,632<F1> <ALLOWANCES> 26,740 <INVENTORY> 20,440 <CURRENT-ASSETS> 241,730 <PP&E> 1,281,207 <DEPRECIATION> 347,871 <TOTAL-ASSETS> 1,729,438 <CURRENT-LIABILITIES> 240,214 <BONDS> 513,929 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 6,596 <OTHER-SE> 730,528 <TOTAL-LIABILITY-AND-EQUITY> 1,729,438 <SALES> 0 <TOTAL-REVENUES> 336,479 <CGS> 0 <TOTAL-COSTS> 279,864 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 4,512 <INTEREST-EXPENSE> 9,142 <INCOME-PRETAX> 33,866 <INCOME-TAX> 13,600 <INCOME-CONTINUING> 20,266 <DISCONTINUED> 3,419 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 23,685 <EPS-PRIMARY> $0.376<F2> <EPS-DILUTED> $0.376<F2> <FN> <F1>This schedule contains summary financial information extracted from the Consolidated Balance Sheets, the Consolidated Statements of Income and the Consolidated Statements of Cash Flows and is qualified in its entirety by reference to such financial statements. <F2>The Company presents simple earnings per share (EPS) on the face of its income statement as fully dilutive EPS. The fully dilutive EPS is within 97% of simple EPS. The figures presented above are simple EPS. </FN>