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Investment in ATC (Tables)
6 Months Ended
Jun. 30, 2015
Investment in ATC [Abstract]  
ALLETE's Investment in ATC [Table Text Block]
ALLETE’s Investment in ATC
 
Millions
 
Equity Investment Balance as of December 31, 2014

$121.1

Cash Investments
0.8

Equity in ATC Earnings
8.6

Distributed ATC Earnings
(6.3
)
Equity Investment Balance as of June 30, 2015

$124.2



NOTE 9.  INVESTMENT IN ATC (Continued)

ATC’s summarized financial data for the six months ended June 30, 2015 and 2014, is as follows:
 
Quarter Ended
 
Six Months Ended
ATC Summarized Financial Data
June 30,
 
June 30,
Income Statement Data
2015
 
2014
 
2015
 
2014
Millions
 
 
 
 
 
 
 
Revenue

$165.2

 

$160.0

 

$317.6

 

$323.3

Operating Expense
80.3

 
74.4

 
160.3

 
153.0

Other Expense
24.3

 
21.9

 
48.7

 
43.5

Net Income

$60.6

 

$63.7

 

$108.6

 

$126.8

ALLETE’s Equity in Net Income

$4.7

 

$5.2

 

$8.6

 

$10.3