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Debt and Financing Arrangements
9 Months Ended
Sep. 30, 2013
Debt Disclosure [Abstract]  
DEBT AND FINANCING ARRANGEMENTS
DEBT AND FINANCING ARRANGEMENTS.
Credit Facility.
On July 31, 2013, WPZ amended the $2.4 billion credit facility to increase the aggregate commitments to $2.5 billion and extend the maturity date to July 31, 2018. The amended credit facility may also, under certain conditions, be increased up to an additional $500 million. Total letter of credit capacity available to WPZ under the credit facility is $1.3 billion. At September 30, 2013, no letters of credit have been issued and no loans are outstanding under our credit facility. We may borrow up to $500 million under the amended credit facility to the extent not otherwise utilized by WPZ and Northwest Pipeline LLC. At September 30, 2013, the full $500 million under the credit facility was available to us.
WPZ participates in a commercial paper program and WPZ management considers amounts outstanding under this program to be a reduction of available capacity under the credit facility. At September 30, 2013, WPZ had $371 million in outstanding commercial paper.