v3.26.1
SHORT-TERM DEBT AND LINES OF CREDIT
6 Months Ended
Jun. 30, 2026
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, 2026December 31, 2025
Commercial paper
Amount outstanding$1,929.3 $1,921.3 
Weighted-average interest rate on amounts outstanding 3.97 %3.89 %
Operating expense loans
Amount outstanding (1)
$4.8 $3.4 

(1)Coyote Ridge Wind, LLC, Tatanka Ridge, Samson I, Thunderhead, and Jayhawk have entered into operating expense loans. In accordance with their limited liability company operating agreements, they received loans from the holders of their noncontrolling interests in proportion to their ownership interests.

Our average amount of commercial paper borrowings based on daily outstanding balances during the six months ended June 30, 2026 was $2,128.6 million with a weighted-average interest rate during the period of 3.95%.

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)MaturityJune 30, 2026
WEC Energy GroupAugust 2030$1,700.0 
WEAugust 2030800.0 
PGLAugust 2030600.0 
WPSAugust 2030450.0 
WGAugust 2030350.0 
Total short-term credit capacity$3,900.0 
Less:
Letters of credit issued inside credit facilities$2.3 
Commercial paper outstanding1,929.3 
Available capacity under existing agreements$1,968.4