<ARTICLE> 5
<LEGEND> THIS SCHEDULE CONTAINS RESTATED SUMMARY FINANCIAL INFORMATION EXTRACTED
FROM THE MARCH 31, 1996 CONSOLIDATED BALANCE SHEET AND THE CONSOLIDATED
STATEMENT OF INCOME FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 1996, AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS AND THE
FOOTNOTES THERETO.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                         DEC-31-1996
<PERIOD-START>                            JAN-01-1996
<PERIOD-END>                              MAR-31-1996
<CASH>                                         87,242 
<SECURITIES>                                    4,636         
<RECEIVABLES>                               1,908,078
<ALLOWANCES>                                   73,706
<INVENTORY>                                         0
<CURRENT-ASSETS>                            2,636,069 
<PP&E>                                     13,543,018
<DEPRECIATION>                              4,441,577
<TOTAL-ASSETS>                             17,974,393
<CURRENT-LIABILITIES>                       3,604,533
<BONDS>                                     6,385,833
<PREFERRED-MANDATORY>                               0
<PREFERRED>                                         0
<COMMON>                                      506,058
<OTHER-SE>                                  3,816,501
<TOTAL-LIABILITY-AND-EQUITY>               17,974,393
<SALES>                                             0 
<TOTAL-REVENUES>                            2,144,479
<CGS>                                               0         
<TOTAL-COSTS>                               1,532,836 
<OTHER-EXPENSES>                                    0
<LOSS-PROVISION>                                8,147
<INTEREST-EXPENSE>                            108,723
<INCOME-PRETAX>                               244,753
<INCOME-TAX>                                  111,182
<INCOME-CONTINUING>                           133,571
<DISCONTINUED>                                  4,847 
<EXTRAORDINARY>                                     0
<CHANGES>                                           0 
<NET-INCOME>                                  138,418
<EPS-PRIMARY>                                    0.28
<EPS-DILUTED>                                    0.28