<ARTICLE> UT <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> SEP-30-1997 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 6,975,860 <OTHER-PROPERTY-AND-INVEST> 235,341 <TOTAL-CURRENT-ASSETS> 781,782 <TOTAL-DEFERRED-CHARGES> 61,307 <OTHER-ASSETS> 991,552 <TOTAL-ASSETS> 9,045,842 <COMMON> 1,372 <CAPITAL-SURPLUS-PAID-IN> 1,582,938 <RETAINED-EARNINGS> 1,523,429 <TOTAL-COMMON-STOCKHOLDERS-EQ> 3,107,739 <PREFERRED-MANDATORY> 0 <PREFERRED> 235,197 <LONG-TERM-DEBT-NET> 2,407,940 <SHORT-TERM-NOTES> 7,000 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 36,358 <LONG-TERM-DEBT-CURRENT-PORT> 14,444 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 84,801 <LEASES-CURRENT> 28,749 <OTHER-ITEMS-CAPITAL-AND-LIAB> 3,123,614 <TOT-CAPITALIZATION-AND-LIAB> 9,045,842 <GROSS-OPERATING-REVENUE> 2,599,362 <INCOME-TAX-EXPENSE> 227,735 <OTHER-OPERATING-EXPENSES> 1,874,581 <TOTAL-OPERATING-EXPENSES> 2,102,316 <OPERATING-INCOME-LOSS> 497,046 <OTHER-INCOME-NET> (11,746) <INCOME-BEFORE-INTEREST-EXPEN> 485,300 <TOTAL-INTEREST-EXPENSE> 135,819 <NET-INCOME> 340,086 <PREFERRED-STOCK-DIVIDENDS> 9,395 <EARNINGS-AVAILABLE-FOR-COMM> 340,086 <COMMON-STOCK-DIVIDENDS> 261,395 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 626,173 <EPS-PRIMARY> 2.48 <EPS-DILUTED> 2.48