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Consilidated Statement of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Operating Revenue $ 1,018.4 $ 961.2 $ 928.2
Operating Expenses      
Fuel and Purchased Power 334.8 308.7 306.6
Operating and Maintenance 412.9 397.1 381.2
Depreciation 116.6 100.2 90.4
Total Operating Expenses 864.3 806.0 778.2
Operating Income 154.1 155.2 150.0
Other Income (Expense)      
Interest Expense (50.3) (45.5) (43.6)
Equity Earnings in ATC 20.3 19.4 18.4
Other 9.3 6.0 4.4
Total Other Expense (20.7) (20.1) (20.8)
Income Before Non-Controlling Interest and Income Taxes 133.4 135.1 129.2
Income Tax Expense 28.7 38.0 35.6
Net Income 104.7 97.1 93.6
Less: Non-Controlling Interest in Subsidiaries 0 0 (0.2)
Net Income Attributable to ALLETE $ 104.7 $ 97.1 $ 93.8
Average Shares of Common Stock      
Basic (in shares) 39.7 37.6 35.3
Diluted (in shares) 39.8 37.6 35.4
Basic Earnings Per Share of Common Stock $ 2.64 $ 2.59 $ 2.66
Diluted Earnings Per Share of Common Stock $ 2.63 $ 2.58 $ 2.65
Dividends Per Share of Common Stock $ 1.90 $ 1.84 $ 1.78