<ARTICLE> UT
<MULTIPLIER> 1,000,000
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               SEP-30-1995
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                       10,864
<OTHER-PROPERTY-AND-INVEST>                        260
<TOTAL-CURRENT-ASSETS>                             829
<TOTAL-DEFERRED-CHARGES>                         2,724
<OTHER-ASSETS>                                     539
<TOTAL-ASSETS>                                  15,216
<COMMON>                                         3,499
<CAPITAL-SURPLUS-PAID-IN>                            1
<RETAINED-EARNINGS>                              1,012
<TOTAL-COMMON-STOCKHOLDERS-EQ>                   4,512
<PREFERRED-MANDATORY>                               93
<PREFERRED>                                        277
<LONG-TERM-DEBT-NET>                             4,314
<SHORT-TERM-NOTES>                                   0
<LONG-TERM-NOTES-PAYABLE>                            0
<COMMERCIAL-PAPER-OBLIGATIONS>                       0
<LONG-TERM-DEBT-CURRENT-PORT>                      492
<PREFERRED-STOCK-CURRENT>                            0
<CAPITAL-LEASE-OBLIGATIONS>                        120
<LEASES-CURRENT>                                    60
<OTHER-ITEMS-CAPITAL-AND-LIAB>                   5,347
<TOT-CAPITALIZATION-AND-LIAB>                   15,215
<GROSS-OPERATING-REVENUE>                        3,142
<INCOME-TAX-EXPENSE>                               310
<OTHER-OPERATING-EXPENSES>                       2,052
<TOTAL-OPERATING-EXPENSES>                       2,362
<OPERATING-INCOME-LOSS>                            780
<OTHER-INCOME-NET>                                  35
<INCOME-BEFORE-INTEREST-EXPEN>                     815
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<NET-INCOME>                                       489
<PREFERRED-STOCK-DIVIDENDS>                         18
<EARNINGS-AVAILABLE-FOR-COMM>                      471
<COMMON-STOCK-DIVIDENDS>                           270
<TOTAL-INTEREST-ON-BONDS>                          292
<CASH-FLOW-OPERATIONS>                             824
<EPS-PRIMARY>                                     2.13
<EPS-DILUTED>                                     2.13