Notes Payable, Current Maturities and Debt (Tables)

9 Months Ended

Sep. 30, 2020

Debt Disclosure [Abstract]

Schedule of Short-term Debt

We had the following short-term debt outstanding in the accompanying Condensed Consolidated Balance Sheets (in thousands) as of:

	September 30, 2020				December 31, 2019
	Balance Outstanding		Letters of Credit (a)		Balance Outstanding		Letters of Credit (a)
Revolving Credit Facility	$	—	$	24,588	$	—	$	30,274
CP Program	84,320		—		349,500		—
Total	$	84,320	$	24,588	$	349,500	$	30,274

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(a)    Letters of credit are off-balance sheet commitments that reduce the borrowing capacity available on our corporate Revolving Credit

Facility.

Credit Facility and Short Term Debt Covenants

Our Revolving Credit Facility and term loans require compliance with the following financial covenant, which we were in compliance with at September 30, 2020:

	As of September 30, 2020	Covenant Requirement
Consolidated Indebtedness to Capitalization Ratio	59.3%	Less than	65%