SHORT-TERM DEBT AND LINES OF CREDIT

6 Months Ended

Jun. 30, 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)	June 30, 2019			December 31, 2018
Commercial paper
Amount outstanding	$	1,262.7		$	1,440.1
Weighted-average interest rate on amounts outstanding	2.58		%	2.92		%

Our average amount of commercial paper borrowings based on daily outstanding balances during the six months ended June 30, 2019 was $1,267.3 million with a weighted-average interest rate during the period of 2.76%.

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	June 30, 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		$	2.5
Commercial paper outstanding		1,262.7
Available capacity under existing agreements		$	1,534.8