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Schedule 1 - Guarantees (Details) $ in Millions | Dec. 31, 2022 USD ($)
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Notes to parent company financial statements |
Total guarantees | $ 159.1
Guarantees expiring in less than one year | 41.9
Guarantees expiring within one to three years | 0.3
Guarantees with expiration over three years | 116.9
Standby letters of credit (1) |
Notes to parent company financial statements |
Total guarantees | 115.7
Guarantees expiring in less than one year | 8.0
Guarantees expiring within one to three years | 0.2
Guarantees with expiration over three years | 107.5
Surety bonds (2) |
Notes to parent company financial statements |
Total guarantees | 34.0
Guarantees expiring in less than one year | 33.9
Guarantees expiring within one to three years | 0.1
Guarantees with expiration over three years | 0.0
Other guarantees (3) |
Notes to parent company financial statements |
Total guarantees | 9.4
Guarantees expiring in less than one year | 0.0
Guarantees expiring within one to three years | 0.0
Guarantees with expiration over three years | 9.4
WEC Energy Group |
Notes to parent company financial statements |
Total guarantees | 660.3
Guarantees expiring in less than one year | 469.7
Guarantees expiring within one to three years | 1.3
Guarantees with expiration over three years | 189.3
WEC Energy Group | WECI |
Notes to parent company financial statements |
Total guarantees | 532.0
WEC Energy Group | Bluewater |
Notes to parent company financial statements |
Total guarantees | 11.3
WEC Energy Group | UMERC |
Notes to parent company financial statements |
Total guarantees | 5.2
WEC Energy Group | Guarantees supporting business operations |
Notes to parent company financial statements |
Total guarantees | 548.5
Guarantees expiring in less than one year | 427.8
Guarantees expiring within one to three years | 1.2
Guarantees with expiration over three years | 119.5
WEC Energy Group | Standby letters of credit (1) |
Notes to parent company financial statements |
Total guarantees | 68.4
Guarantees expiring in less than one year | 8.0
Guarantees expiring within one to three years | 0.0
Guarantees with expiration over three years | 60.4
WEC Energy Group | Surety bonds (2) |
Notes to parent company financial statements |
Total guarantees | 34.0
Guarantees expiring in less than one year | 33.9
Guarantees expiring within one to three years | 0.1
Guarantees with expiration over three years | 0.0
WEC Energy Group | Other guarantees (3) |
Notes to parent company financial statements |
Total guarantees | 9.4
Guarantees expiring in less than one year | 0.0
Guarantees expiring within one to three years | 0.0
Guarantees with expiration over three years | $ 9.4

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- Definition Maximum potential amount of future payments (undiscounted) the guarantor could be required to make under the guarantee or each group of similar guarantees before reduction for potential recoveries under recourse or collateralization provisions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 4 -Subparagraph (b)(1) -URI https://asc.fasb.org/extlink&oid=124440162&loc=d3e12069-110248 + Details
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