SHORT-TERM DEBT AND LINES OF CREDIT (Tables)

9 Months Ended

Sep. 30, 2017

Short-term borrowings and their corresponding weighted average interest rate

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



(in millions, except percentages)	September 30, 2017			December 31, 2016
Commercial paper
Amount outstanding	$	993.5		$	860.2
Weighted-average interest rate on amounts outstanding	1.38		%	0.96		%

Schedule of revolving credit facilities and remaining available capacity

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, 2017
WEC Energy Group ⁽¹⁾	December 2020	$	1,050.0
WE ⁽²⁾	December 2020	500.0
WPS ⁽³⁾	December 2020	250.0
WG ⁽²⁾	December 2020	350.0
PGL ⁽²⁾	December 2020	350.0
Total short-term credit capacity		$	2,500.0
Less:
Letters of credit issued inside credit facilities		$	32.9
Commercial paper outstanding		993.5
Available capacity under existing agreements		$	1,473.6


⁽¹⁾	In October 2017, WEC Energy Group increased its credit facility to $1,200.0 million, and extended the maturity to October 2022.


⁽²⁾	In October 2017, WE, WG, and PGL extended the maturities of their credit facilities to October 2022.


⁽³⁾	In October 2017, WPS increased its credit facility to $400.0 million. WPS intends to request approval from the PSCW to extend the maturity of its facility to October 2022.