<ARTICLE> UT <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 2,717,473 <OTHER-PROPERTY-AND-INVEST> 618,741 <TOTAL-CURRENT-ASSETS> 622,228 <TOTAL-DEFERRED-CHARGES> 680,550 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 4,638,992 <COMMON> 73,119 <CAPITAL-SURPLUS-PAID-IN> 917,383 <RETAINED-EARNINGS> 777,607 <TOTAL-COMMON-STOCKHOLDERS-EQ> 1,391,859<F1> <PREFERRED-MANDATORY> 3,000 <PREFERRED> 200,539<F2> <LONG-TERM-DEBT-NET> 1,439,746 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 749 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 51,919 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 28,407 <LEASES-CURRENT> 20,912 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,501,861 <TOT-CAPITALIZATION-AND-LIAB> 4,638,992 <GROSS-OPERATING-REVENUE> 1,225,195 <INCOME-TAX-EXPENSE> 87,388<F3> <OTHER-OPERATING-EXPENSES> 923,189 <TOTAL-OPERATING-EXPENSES> 923,189 <OPERATING-INCOME-LOSS> 302,006 <OTHER-INCOME-NET> 74,790 <INCOME-BEFORE-INTEREST-EXPEN> 289,408 <TOTAL-INTEREST-EXPENSE> 110,270<F4> <NET-INCOME> 179,138 <PREFERRED-STOCK-DIVIDENDS> 0 <EARNINGS-AVAILABLE-FOR-COMM> 179,138 <COMMON-STOCK-DIVIDENDS> 100,517 <TOTAL-INTEREST-ON-BONDS> 88,478 <CASH-FLOW-OPERATIONS> 377,637 <EPS-PRIMARY> 2.32 <EPS-DILUTED> 2.32 <FN> <F1>Includes $(376,250) of Treasury Stock at cost <F2>Includes $9,464 of Preference Stock <F3>Non-Operating Expense <F4>Includes $12,116 of Preferred and Preference Stock Dividends