Investment in ATC (Tables)

9 Months Ended

Sep. 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	1.2
Equity in ATC Earnings	14.1
Distributed ATC Earnings	(10.4		)
Equity Investment Balance as of September 30, 2015		$126.0

NOTE 8.  INVESTMENT IN ATC (Continued)

ATC’s summarized financial data for the quarter and nine months ended September 30, 2015 and 2014, is as follows:

	Quarter Ended				Nine Months Ended
ATC Summarized Financial Data	September 30,				September 30,
Income Statement Data	2015		2014		2015		2014
Millions
Revenue		$164.5		$163.6		$482.0		$487.0
Operating Expense	78.0		76.6		238.3		229.6
Other Expense	23.1		21.4		71.7		65.1
Net Income		$63.4		$65.6		$172.0		$192.3
ALLETE’s Equity in Net Income		$5.5		$5.3		$14.1		$15.6