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                EXHIBIT (11)  COMPUTATION OF PER SHARE EARNINGS
                                  (unaudited)




                                    Three Months Ended             Six Months Ended
                                         June 30                       June 30     
                                    ------------------             ----------------
                                    1995          1994             1995        1994
                                    ----          ----             ----        ----
                                                               
EQUIVALENT SHARES:

Average shares
  outstanding                  358,545,020   354,018,900     357,980,371   353,488,409
Additional shares              
  due to:                      
Stock options                    4,619,587     3,884,843       4,488,900     3,583,638
                               
Series C preferred             
  shares                        36,000,000    36,000,000      36,000,000    15,926,267
                               -----------   -----------     -----------   -----------
                               
Total equivalent               
  shares                       399,164,607   393,903,743     398,469,271   372,998,314
                               ===========   ===========     ===========   ===========
                               
ADJUSTED EARNINGS              
(in millions):                 
                               
Net income from                
  Continuing Operations            $    59       $    75         $    74       $   111
                               
Less:  Series B preferred      
  stock dividends                       12            12              25            25
                                   -------       -------         -------       -------
                               
Adjusted net income from       
  Continuing Operations            $    47       $    63         $    49       $    86
                                   =======       =======         =======       =======
                               
EARNINGS PER SHARE:            
                               
From Continuing Operations         $  0.12       $  0.16         $  0.12       $  0.23
                                   -------       -------         -------       -------
                               
Earnings per share (a)             $  0.12       $  0.16         $  0.12       $  0.23
                                   =======       =======         =======       =======




(a)  For earnings per share using an alternative treatment for the Series C
     Preferred Shares, see note 9 to the condensed consolidated financial
     statements included in Part I of this report





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