XML 83 R65.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Short-Term Debt (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Short-Term Debt [Abstract] |
Short-Term Debt and Related Weighted-Average Interest Rates | millions of dollars 2024 Weighted average interest rate 2023 Weighted average interest rate Florida Electric Utility Advances on revolving credit facilities $ 915 4.77 % $ 277 5.68 % Gas Utilities and Infrastructure PGS – Advances on revolving credit facilities 199 5.36 % 73 6.36 % NMGC – Advances on revolving credit facilities 46 5.52 % 25 6.46 % Other Electric Utilities GBPC – Advances on revolving credit facilities 19 7.20 % 8 5.54 % Other TECO Finance – Advances on revolving credit and term facilities 265 5.53 % 245 6.54 % Emera – Bank indebtedness 2 - % 9 - % Emera – Non-revolving term facilities - - % 796 6.07 % $ 1,446 $ 1,433 Adjustment Classification as liabilities held for sale (1) (46) - Short-term debt $ 1,400 $ 1,433 (1) On August 5, 2024, Emera announced an agreement to sell NMGC. As at December 31, 2024, NMGC's liabilities were classified as held for sale. For further details on the pending transaction, refer to note 4. The Company’s total short-term unsecured revolving and non-revolving credit facilities, outstanding borrowings and available capacity as at December 31 were as follows: millions of dollars Maturity 2024 2023 TEC – committed revolving credit facility 2028 $ 1,151 $ 401 TECO Finance – committed revolving credit facility 2028 576 529 PGS – revolving credit facility 2028 360 331 NMGC – revolving credit facility 2026 180 165 Emera – non-revolving term facility 2024 - 400 Emera – non-revolving term facility 2024 - 400 TEC – revolving facility 2024 - 265 TEC – revolving facility 2024 - 265 Other – committed revolving credit facilities Various 35 17 Total $ 2,302 $ 2,773 Less: Advances under revolving credit and term facilities 1,400 1,433 Letters of credit issued within the credit facilities 4 3 Total advances under available facilities 1,404 1,436 Available capacity under existing agreements $ 898 $ 1,337

X
- Definition Tabular disclosure of short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) including: (1) description of the short-term debt arrangement; (2) identification of the lender or type of lender; (3) repayment terms; (4) weighted average interest rate; (5) carrying amount of funds borrowed under the specified short-term debt arrangement as of the balance sheet date; (6) description of the refinancing of a short-term obligation when that obligation is excluded from current liabilities in the balance sheet; and (7) amount of a short-term obligation that has been excluded from current liabilities in the balance sheet because of a refinancing of the obligation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(19)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_ScheduleOfShortTermDebtTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ShortTermBorrowingsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration