<ARTICLE> UT <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> SEP-30-1996 <EXCHANGE-RATE> 1 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 4,651,394 <OTHER-PROPERTY-AND-INVEST> 573,674 <TOTAL-CURRENT-ASSETS> 478,208 <TOTAL-DEFERRED-CHARGES> 1,309,409 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 7,012,685 <COMMON> 1,639,709 <CAPITAL-SURPLUS-PAID-IN> 0 <RETAINED-EARNINGS> 350,139 <TOTAL-COMMON-STOCKHOLDERS-EQ> 1,989,848 <PREFERRED-MANDATORY> 53,000 <PREFERRED> 170,391 <LONG-TERM-DEBT-NET> 2,078,869 <SHORT-TERM-NOTES> 176,189 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 134,500 <LONG-TERM-DEBT-CURRENT-PORT> 169,409 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 2,240,479 <TOT-CAPITALIZATION-AND-LIAB> 7,012,685 <GROSS-OPERATING-REVENUE> 1,412,854 <INCOME-TAX-EXPENSE> 137,417 <OTHER-OPERATING-EXPENSES> 664,335 <TOTAL-OPERATING-EXPENSES> 908,398 <OPERATING-INCOME-LOSS> 504,456 <OTHER-INCOME-NET> (149,320) <INCOME-BEFORE-INTEREST-EXPEN> 0 <TOTAL-INTEREST-EXPENSE> 142,399 <NET-INCOME> 197,379 <PREFERRED-STOCK-DIVIDENDS> 0 <EARNINGS-AVAILABLE-FOR-COMM> 197,379 <COMMON-STOCK-DIVIDENDS> 65,576 <TOTAL-INTEREST-ON-BONDS> 120,057 <CASH-FLOW-OPERATIONS> 505,570 <EPS-PRIMARY> 2.26 <EPS-DILUTED> 0