SHORT-TERM DEBT AND LINES OF CREDIT (Tables)

9 Months Ended

Sep. 30, 2021

Short-term Debt [Abstract]

Schedule of short-term borrowings and weighted-average interest rates

The following table shows our short-term borrowings and their corresponding weighted-average interest rates:

(in millions, except percentages)	September 30, 2021			December 31, 2020
Commercial paper
Amount outstanding	$	22.5		$	292.0
Weighted-average interest rate on amounts outstanding	0.15		%	0.21		%

Schedule of revolving credit facility and remaining available capacity

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)	Maturity	September 30, 2021
Revolving credit facility (1)	September 2026	$	500.0
Less:
Letters of credit issued inside credit facility		$	1.0
Commercial paper outstanding		22.5
Available capacity under existing credit facility		$	476.5

(1)    In September 2021, we extended the maturity of our credit facility to September 2026.