<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> JUN-30-1999 <CASH> 17,462 <SECURITIES> 163,155 <RECEIVABLES> 808,585 <ALLOWANCES> (18,561) <INVENTORY> 50,053 <CURRENT-ASSETS> 0 <PP&E> 9,444,144 <DEPRECIATION> (1,525,208) <TOTAL-ASSETS> 10,123,285 <CURRENT-LIABILITIES> 0 <BONDS> 6,700,837 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,083 <OTHER-SE> 1,501,698 <TOTAL-LIABILITY-AND-EQUITY> 10,123,285 <SALES> 0 <TOTAL-REVENUES> 2,200,344 <CGS> 0 <TOTAL-COSTS> 1,808,031 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 6,848 <INTEREST-EXPENSE> 156,497 <INCOME-PRETAX> 228,968 <INCOME-TAX> 92,304 <INCOME-CONTINUING> 136,664 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 136,664 <EPS-BASIC> 1.27 <EPS-DILUTED> 1.26