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SHORT-TERM DEBT AND LINES OF CREDIT

9 Months Ended

Sep. 30, 2019

Short-term Debt [Abstract]

SHORT-TERM DEBT AND LINES OF CREDIT

SHORT-TERM DEBT AND LINES OF CREDIT

The following table shows our short-term borrowings and their corresponding weighted-average interest rates:

(in millions, except percentages)		September 30, 2019				December 31, 2018
Commercial paper
Amount outstanding		$	686.4			$	1,440.1
Weighted-average interest rate on amounts outstanding		2.23		%		2.92		%

Our average amount of commercial paper borrowings based on daily outstanding balances during the nine months ended September 30, 2019 was $1,190.7 million with a weighted-average interest rate during the period of 2.67%.

The information in the table below relates to our revolving credit facilities used to support our commercial paper borrowing programs, including available capacity under these facilities:

(in millions)		Maturity		September 30, 2019
WEC Energy Group		October 2022		$	1,200.0
WE		October 2022		500.0
WPS		October 2022		400.0
WG		October 2022		350.0
PGL		October 2022		350.0
Total short-term credit capacity				$	2,800.0
Less:
Letters of credit issued inside credit facilities				$	2.5
Commercial paper outstanding				686.4
Available capacity under existing credit facility				$	2,111.1

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- Definition

The entire disclosure for short-term debt.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-URI http://asc.fasb.org/topic&trid=2208564

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