Short-Term Debt	12 Months Ended
Short-Term Debt	Dec. 31, 2023
Short-Term Debt [Abstract]
Short-Term Debt	23. SHORT-TERM DEBT Emera’s short-term borrowings consist of commercial paper issuances, advances on revolving and non- revolving credit facilities and short-term notes. Short-term debt and the related weighted-average interest rates as at December 31 consisted of the following: millions of dollars 2023 Weighted average interest rate 2022 Weighted average interest rate TEC Advances on revolving credit facilities $ 277 5.68 % $ 1,380 5.00 % Emera Non-revolving term facilities 796 6.07 % 796 5.19 % Bank indebtedness 9 - % - - % TECO Finance Advances on revolving credit and term facilities 245 6.54 % 481 5.47 % PGS Advances on revolving credit facilities 73 6.36 % - - % NMGC Advances on revolving credit facilities 25 6.46 % 59 5.15 % GBPC Advances on revolving credit facilities 8 5.54 % 10 5.25 % Short-term debt $ 1,433 $ 2,726 The Company’s total short-term revolving and non-revolving credit facilities, outstanding borrowings and available capacity as at December 31 were as follows: millions of dollars Maturity 2023 2022 TEC - Unsecured committed revolving credit facility 2026 $ 401 $ 1,084 TECO Energy/TECO Finance - revolving credit facility 2026 - 542 TECO Finance - Unsecured committed revolving credit facility 2026 529 - Emera - Unsecured non-revolving term facility 2024 400 400 Emera - Unsecured non-revolving term facility 2024 400 400 PGS - Unsecured revolving credit facility 2028 331 - TEC - Unsecured revolving facility 2024 265 542 TEC - Unsecured revolving facility 2024 265 - NMGC - Unsecured revolving credit facility 2026 165 169 Other - Unsecured committed revolving credit facilities Various 17 18 Total $ 2,773 $ 3,155 Less: Advances under revolving credit and term facilities 1,433 2,731 Letters of credit issued within the credit facilities 3 4 Total advances under available facilities 1,436 2,735 Available capacity under existing agreements $ 1,337 $ 420 The weighted average interest rate on outstanding short-term debt at December 31, 2023 was 5.95 per cent (2022 – 5.01 per cent). Recent Significant Financing Activity by Segment Florida Electric Utilities On November 24, 2023, TEC repaid its $ 400 million USD unsecured non-revolving facility, which expired on December 13, 2023 . On April 3, 2023, TEC entered into a 364 -day, $ 200 million USD senior unsecured revolving credit facility which matures on April 1, 2024 . The credit agreement contains customary representations and warranties, events of default and financial and other covenants, and bears interest at a variable interest rate, based on either the term secured overnight financing rate (“SOFR”), Wells Fargo’s prime rate, the federal funds rate or the one-month SOFR, plus a margin. On March 1, 2023, TEC entered into a 364 -day, $ 200 million USD senior unsecured revolving credit facility which matures on February 28, 2024 . The credit facility contains customary representations and warranties, events of default and financial and other covenants, and bears interest at a variable interest rate, based on either the term SOFR, the Bank of Nova Scotia’s prime rate, the federal funds rate or the one-month SOFR, plus a margin. Gas Utilities and Infrastructure On December 1, 2023, PGS entered into a $ 250 million USD senior unsecured revolving credit facility with a group of banks, maturing on December 1, 2028 . PGS has the ability to request the lenders to increase their commitments under the credit facility by up to $ 100 million USD in the aggregate subject to agreement from participating lenders. The credit agreement contains customary representations and warranties, events of default and financial and other covenants, and bears interest at Bankers’ Acceptances or prime rate advances, plus a margin. Other On December 16, 2023, Emera amended its $ 400 million unsecured non-revolving facility to extend the maturity date from December 16, 2023 to December 16, 2024 . There were no other changes in commercial terms from the prior agreement. On June 30, 2023, Emera amended its $ 400 million unsecured non-revolving facility to extend the maturity date from August 2, 2023 to August 2, 2024 . There were no other changes in commercial terms from the prior agreement.