SHORT-TERM DEBT AND LINES OF CREDIT (Tables)

9 Months Ended

Sep. 30, 2013

SHORT-TERM DEBT AND LINES OF CREDIT

Schedule of short-term borrowings

Our outstanding short-term borrowings were as follows:

(Millions, except percentages)	September 30, 2013			December 31, 2012
Commercial paper	$	188.0		$	482.4
Average discount rate on commercial paper	0.17		%	0.40		%
Loan under term credit facility	$	200.0		$	—
Average interest rate on loan under term credit facility	0.78		%	—

Schedule of revolving credit facilities and remaining available capacity

We manage our liquidity by maintaining adequate external financing commitments. The information in the table below relates to our short-term debt and revolving credit facilities used to support our commercial paper borrowing program, including remaining available capacity under these facilities:

(Millions)	Maturity	September 30, 2013		December 31, 2012
Revolving credit facility (Integrys Energy Group)	05/17/2014	$	275.0	$	275.0
Revolving credit facility (Integrys Energy Group)	05/17/2016	200.0		200.0
Revolving credit facility (Integrys Energy Group)	06/13/2017	635.0		635.0
Revolving credit facility (WPS)	05/17/2014	135.0		135.0
Revolving credit facility (WPS)	06/13/2017	115.0		115.0
Revolving credit facility (PGL)	06/13/2017	250.0		250.0
Term credit facility (WPS)	12/31/2013	200.0		—
Total short-term credit capacity		$	1,810.0	$	1,610.0
Less:
Letters of credit issued inside credit facilities		$	37.4	$	25.5
Loan outstanding under term credit facility		200.0		—
Commercial paper outstanding		188.0		482.4
Available capacity under existing agreements		$	1,384.6	$	1,102.1