<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CONSOLIDATED STATEMENTS OF INCOME AND CONSOLIDATED BALANCE SHEETS. </LEGEND> <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <CASH> 29 <SECURITIES> 0 <RECEIVABLES> 508 <ALLOWANCES> 0<F1> <INVENTORY> 19 <CURRENT-ASSETS> 787 <PP&E> 5,604 <DEPRECIATION> 0<F1> <TOTAL-ASSETS> 7,648 <CURRENT-LIABILITIES> 1,936 <BONDS> 1,519 <PREFERRED-MANDATORY> 0 <PREFERRED> 300 <COMMON> 0 <OTHER-SE> 1,901 <TOTAL-LIABILITY-AND-EQUITY> 7,648 <SALES> 0 <TOTAL-REVENUES> 1,016 <CGS> 0 <TOTAL-COSTS> 912 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 40 <INCOME-PRETAX> 98 <INCOME-TAX> 32 <INCOME-CONTINUING> 66 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> (13) <NET-INCOME> 53 <EPS-PRIMARY> 0.00 <EPS-DILUTED> 0.00 <FN> <F1>Not separately identified in the Consolidated Financial Statements or accompanying notes thereto. </FN>