Guarantees (Tables)

12 Months Ended

Dec. 31, 2019

The following table shows our outstanding guarantees:



			Expiration
(in millions)	Total Amounts Committed at December 31, 2019		Less Than 1 Year		1 to 3 Years		Over 3 Years
Guarantees
Guarantees supporting transactions of subsidiaries ⁽¹⁾	$	31.4	$	10.2	$	0.2	$	21.0
Standby letters of credit ⁽²⁾	103.0		1.2		0.2		101.6
Surety bonds⁽³⁾	9.9		9.9		—		—
Other guarantees⁽⁴⁾	11.7		0.9		—		10.8
Total guarantees	$	156.0	$	22.2	$	0.4	$	133.4


⁽¹⁾	Consists of $4.0 million, $6.2 million, and $21.2 million to support the business operations of UMERC, Bluewater, and WECI, respectively.


⁽²⁾	At our request or the request of our subsidiaries, financial institutions have issued standby letters of credit for the benefit of third parties that have extended credit to our subsidiaries. These amounts are not reflected on our balance sheets.


⁽³⁾	Primarily for workers compensation self-insurance programs and obtaining various licenses, permits, and rights-of-way. These amounts are not reflected on our balance sheets.

⁽⁴⁾

Consists of $11.7 million related to other indemnifications, for which a liability of $10.8 million related to workers compensation coverage was recorded on our balance sheets.