<ARTICLE> UT <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> MAR-31-1999 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 4,745 <OTHER-PROPERTY-AND-INVEST> 534 <TOTAL-CURRENT-ASSETS> 3,506 <TOTAL-DEFERRED-CHARGES> 5,978 <OTHER-ASSETS> 208 <TOTAL-ASSETS> 14,971 <COMMON> 2,907 <CAPITAL-SURPLUS-PAID-IN> 1 <RETAINED-EARNINGS> (429) <TOTAL-COMMON-STOCKHOLDERS-EQ> 2,479 <PREFERRED-MANDATORY> 93 <PREFERRED> 138 <LONG-TERM-DEBT-NET> 6,084 <SHORT-TERM-NOTES> 68 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 68 <LONG-TERM-DEBT-CURRENT-PORT> 939 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 70 <LEASES-CURRENT> 69 <OTHER-ITEMS-CAPITAL-AND-LIAB> 5,031 <TOT-CAPITALIZATION-AND-LIAB> 14,971 <GROSS-OPERATING-REVENUE> 1,256 <INCOME-TAX-EXPENSE> 98 <OTHER-OPERATING-EXPENSES> 885 <TOTAL-OPERATING-EXPENSES> 983 <OPERATING-INCOME-LOSS> 273 <OTHER-INCOME-NET> (42) <INCOME-BEFORE-INTEREST-EXPEN> 231 <TOTAL-INTEREST-EXPENSE> 82 <NET-INCOME> 149 <PREFERRED-STOCK-DIVIDENDS> 3 <EARNINGS-AVAILABLE-FOR-COMM> 146 <COMMON-STOCK-DIVIDENDS> 56 <TOTAL-INTEREST-ON-BONDS> 74 <CASH-FLOW-OPERATIONS> 182 <EPS-PRIMARY> .66 <EPS-DILUTED> .65