SHORT-TERM BORROWINGS (Tables)

12 Months Ended

Dec. 31, 2014

SHORT-TERM BORROWINGS

Schedule of the entity's average short-term borrowings outstanding

At December 31, 2014, total short-term borrowings consisted of $44.0 million in commercial paper and no borrowings from our line of credit. During 2014 and 2013 our short-term borrowings outstanding averaged (in millions)

	2014		2013
Average borrowings outstanding	$	30.0	$	8.7
Highest month end balance	$	77.0	$	29.0

Schedule of weighted average interest rates and the weighted average interest rate of borrowings outstanding

	2014			2013
Weighted average interest rate		0.38	%		0.69	%
Weighted average interest rate of borrowings outstanding		0.44	%		0.33	%