<ARTICLE> UT <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 2,525,490 <OTHER-PROPERTY-AND-INVEST> 858,330 <TOTAL-CURRENT-ASSETS> 458,179 <TOTAL-DEFERRED-CHARGES> 751,020 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 4,593,019 <COMMON> 73,119 <CAPITAL-SURPLUS-PAID-IN> 928,179 <RETAINED-EARNINGS> 886,916 <TOTAL-COMMON-STOCKHOLDERS-EQ> 1,516,470<F1> <PREFERRED-MANDATORY> 4,000 <PREFERRED> 241,182<F2> <LONG-TERM-DEBT-NET> 1,308,111 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 2,921 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 40,322 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 38,927 <LEASES-CURRENT> 21,856 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,419,230 <TOT-CAPITALIZATION-AND-LIAB> 4,593,019 <GROSS-OPERATING-REVENUE> 296,025 <INCOME-TAX-EXPENSE> 20,487<F3> <OTHER-OPERATING-EXPENSES> 234,208 <TOTAL-OPERATING-EXPENSES> 234,208 <OPERATING-INCOME-LOSS> 61,817 <OTHER-INCOME-NET> 31,418 <INCOME-BEFORE-INTEREST-EXPEN> 93,235 <TOTAL-INTEREST-EXPENSE> 27,618<F4> <NET-INCOME> 45,130 <PREFERRED-STOCK-DIVIDENDS> 0 <EARNINGS-AVAILABLE-FOR-COMM> 45,130 <COMMON-STOCK-DIVIDENDS> 27,964 <TOTAL-INTEREST-ON-BONDS> 20,816 <CASH-FLOW-OPERATIONS> 75,439 <EPS-PRIMARY> 0.58 <EPS-DILUTED> 0.57 <FN> <F1>INCLUDES $(371,744) OF TREASURY STOCK AT COST <F2>INCLUDES $12,428 OF PREFERENCE STOCK <F3>NON-OPERATING EXPENSE <F4>INCLUDES $4,265 OF PREFERRED AND PREFERENCE STOCK DIVIDENDS </FN>