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SHORT-TERM DEBT AND LINES OF CREDIT (Tables)
3 Months Ended
Mar. 31, 2019
Short-term Debt [Abstract]  
Schedule of short-term borrowings and weighted-average interest rates
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
%
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
 
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