<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 339,647 <SECURITIES> 90,687 <RECEIVABLES> 194,047 <ALLOWANCES> 0 <INVENTORY> 114,118 <CURRENT-ASSETS> 773,107 <PP&E> 3,057,016 <DEPRECIATION> 1,513,343 <TOTAL-ASSETS> 2,779,005 <CURRENT-LIABILITIES> 207,077 <BONDS> 756,658 <PREFERRED-MANDATORY> 0 <PREFERRED> 25,465 <COMMON> 45,120 <OTHER-SE> 1,107,598 <TOTAL-LIABILITY-AND-EQUITY> 2,779,005 <SALES> 383,174 <TOTAL-REVENUES> 383,174 <CGS> 274,394 <TOTAL-COSTS> 319,546 <OTHER-EXPENSES> (23,129) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 16,584 <INCOME-PRETAX> 52,879 <INCOME-TAX> 20,094 <INCOME-CONTINUING> 24,787 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 24,787 <EPS-PRIMARY> 0.60 <EPS-DILUTED> 0.59