SHORT-TERM DEBT AND LINES OF CREDIT (Tables)

6 Months Ended

Jun. 30, 2021

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)	June 30, 2021			December 31, 2020
Commercial paper
Amount outstanding	$	1,424.5		$	1,436.9
Weighted-average interest rate on amounts outstanding	0.17		%	0.21		%
Term loan
Amount outstanding	$	—		$	340.0
Weighted-average interest rate on amounts outstanding	N/A			0.99		%

Schedule of credit agreements 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 remaining available capacity under these facilities:

(in millions)	Maturity	June 30, 2021
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		$	2.3
Commercial paper outstanding		1,424.5
Available capacity under existing agreements		$	1,373.2