Table:
|  | TOTAL AVAILABLE | DRAWN | LETTERS OF CREDIT | COMMERCIAL PAPER OUTSTANDING | NET AVAILABLE |
| --- | --- | --- | --- | --- | --- |
| Committed credit facilities |  |  |  |  |  |
| Unsecured revolving and expansion credit facilities (1) (2) | 4,000 | – | – | 1,951 | 2,049 |
| Other | 106 | – | 106 | – | – |
| Total committed credit facilities | 4,106 | – | 106 | 1,951 | 2,049 |
| Total non-committed credit facilities | 1,939 | – | 1,059 | – | 880 |
| Total committed and non-committed credit facilities | 6,045 | – | 1,165 | 1,951 | 2,929 |
Paragraphs:
CREDIT FACILITIES
Bell Canada may issue notes under its Canadian and U.S. commercial paper programs up to the maximum aggregate principal amount of $3 billion in either Canadian or U.S. currency provided that at no time shall such maximum amount of notes exceed $4 billion in Canadian currency which equals the aggregate amount available under Bell Canada’s committed supporting revolving and expansion credit facilities as at December 31, 2019. The total amount of the net available committed revolving and expansion credit facilities may be drawn at any time.
The table below is a summary of our total bank credit facilities at December 31, 2019.
(1) Bell Canada’s $2.5 billion and additional $500 million committed revolving credit facilities expire in November 2024 and November 2020, respectively, and its $1 billion committed expansion credit facility expires in November 2022. Bell Canada has the option, subject to certain conditions, to convert advances outstanding under the additional $500 million revolving credit facility into a term loan with a maximum one-year term.
(2) As of December 31, 2019, Bell Canada’s outstanding commercial paper included $1,502 million in U.S. dollars ($1,951 million in Canadian dollars). All of Bell Canada’s commercial paper outstanding is included in debt due within one year.
Question:
What is the ratio of the net available total committed credit facilities over the net available total non-committed credit facilities?
Answer: 2049/880 = 2.33