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$302.6 $159.5 
Weighted-average interest rate on amounts outstanding3.91 %3.90 %

Our average amount of commercial paper borrowings based on daily outstanding balances during the six months ended June 30, 2026 was $221.0 million with a weighted-average interest rate during the period of 3.89%.

The information in the table below relates to our revolving credit facility used to support our commercial paper borrowing program, including available capacity under this facility:
(in millions)MaturityJune 30, 2026
Revolving credit facilityAugust 2030$450.0 
Less:
Letters of credit issued inside credit facility$1.3 
Commercial paper outstanding302.6 
Available capacity under existing credit facility$146.1