Short-Term Debt and Credit Facilities (Tables)

3 Months Ended

Mar. 31, 2016

Short-term Debt [Abstract]

Schedule of Line of Credit Facilities [Table Text Block]

The following table provides information regarding the Company's revolving credit agreements and available cash at March 31, 2016.

	Aggregate		Amount		Weighted-Average
Entity	Commitment		Outstanding (A)		Interest Rate			Maturity
	(In millions)
OGE Energy (B)	$	750.0	$	187.5	0.74	%	(D)	December 13, 2018	(E)
OG&E (C)	400.0		1.7		0.95	%	(D)	December 13, 2018	(E)
Total	$	1,150.0	$	189.2	0.95	%

(A) Includes direct borrowings under the revolving credit agreements, commercial paper borrowings and letters of credit at March 31, 2016.

(B) This bank facility is available to back up the Company's commercial paper borrowings and to provide revolving credit borrowings.  This bank facility can also be used as a letter of credit facility.  

(C) This bank facility is available to back up OG&E's commercial paper borrowings and to provide revolving credit borrowings.  This bank facility can also be used as a letter of credit facility.

(D) Represents the weighted-average interest rate for the outstanding borrowings under the revolving credit agreements, commercial paper borrowings and letters of credit.

(E) As of March 31, 2016, commitments of $16.3 million and $8.7 million of the Company's and OG&E's credit facilities, respectively, were not extended and unless the non-extending lender is replaced in accordance with the terms of the credit facility, such commitments will expire December 13, 2017.