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SHORT-TERM DEBT AND LINES OF CREDIT
3 Months Ended
Mar. 31, 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)
 
March 31, 2019
 
December 31, 2018
Commercial paper
 
 
 
 
Amount outstanding
 
$
1,145.2

 
$
1,440.1

Weighted-average interest rate on amounts outstanding
 
2.75
%
 
2.92
%


Our average amount of commercial paper borrowings based on daily outstanding balances during the three months ended March 31, 2019, was $1,487.0 million with a weighted-average interest rate during the period of 2.81%.

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
 
March 31, 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
 
 
 
$
3.0

Commercial paper outstanding
 
 
 
1,145.2

Available capacity under existing agreements
 
 
 
$
1,651.8