Details of TEC’s credit facilities and related borrowings are presented in the following table:


	September 30, 2019						December 31, 2018
					Letters						Letters
	Credit		Borrowings		of Credit		Credit		Borrowings		of Credit
(millions)	Facilities		Outstanding ⁽¹⁾		Outstanding		Facilities		Outstanding ⁽¹⁾		Outstanding
5-year facility ⁽²⁾	$	325	$	71	$	1	$	325	$	131	$	1
3-year accounts receivable facility ⁽³⁾		150		65		0		150		90		0
Total	$	475	$	136	$	1	$	475	$	221	$	1

(1)	Borrowings outstanding are reported as notes payable.

(2)	This 5-year facility matures March 22, 2022.

(3)	This 3-year facility matures March 22, 2021.

At September 30, 2019, these credit facilities required commitment fees ranging from 12.5 to 35.0 basis points. The weighted-average interest rate on outstanding amounts payable under the credit facilities at September 30, 2019 and December 31, 2018 was 2.96% and 3.14%, respectively.