<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM 10-Q. </LEGEND> <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> SEP-30-1996 <CASH> 33 <SECURITIES> 0 <RECEIVABLES> 655 <ALLOWANCES> 0 <INVENTORY> 144 <CURRENT-ASSETS> 1,199 <PP&E> 6,495 <DEPRECIATION> 0 <TOTAL-ASSETS> 8,387 <CURRENT-LIABILITIES> 1,250 <BONDS> 1,891 <PREFERRED-MANDATORY> 0 <PREFERRED> 281 <COMMON> 86 <OTHER-SE> 2,571 <TOTAL-LIABILITY-AND-EQUITY> 8,387 <SALES> 0 <TOTAL-REVENUES> 2,771 <CGS> 0 <TOTAL-COSTS> 2,413 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 137 <INCOME-PRETAX> 304 <INCOME-TAX> 109 <INCOME-CONTINUING> 195 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 195 <EPS-PRIMARY> 2.39 <EPS-DILUTED> 2.21