<ARTICLE> UT <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> JUN-30-1996 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 10,832 <OTHER-PROPERTY-AND-INVEST> 386 <TOTAL-CURRENT-ASSETS> 565 <TOTAL-DEFERRED-CHARGES> 2,615 <OTHER-ASSETS> 478 <TOTAL-ASSETS> 14,875 <COMMON> 3,517 <CAPITAL-SURPLUS-PAID-IN> 1 <RETAINED-EARNINGS> 1,065 <TOTAL-COMMON-STOCKHOLDERS-EQ> 4,583 <PREFERRED-MANDATORY> 93 <PREFERRED> 199 <LONG-TERM-DEBT-NET> 4,156 <SHORT-TERM-NOTES> 355 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 233 <LONG-TERM-DEBT-CURRENT-PORT> 86 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 114 <LEASES-CURRENT> 60 <OTHER-ITEMS-CAPITAL-AND-LIAB> 5,229 <TOT-CAPITALIZATION-AND-LIAB> 14,875 <GROSS-OPERATING-REVENUE> 2,160 <INCOME-TAX-EXPENSE> 175 <OTHER-OPERATING-EXPENSES> 1,536 <TOTAL-OPERATING-EXPENSES> 1,711 <OPERATING-INCOME-LOSS> 449 <OTHER-INCOME-NET> 3 <INCOME-BEFORE-INTEREST-EXPEN> 452 <TOTAL-INTEREST-EXPENSE> 203 <NET-INCOME> 249 <PREFERRED-STOCK-DIVIDENDS> 9 <EARNINGS-AVAILABLE-FOR-COMM> 240 <COMMON-STOCK-DIVIDENDS> 194 <TOTAL-INTEREST-ON-BONDS> 170 <CASH-FLOW-OPERATIONS> 457 <EPS-PRIMARY> 1.08 <EPS-DILUTED> 1.08