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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Current Assets    
Cash and Cash Equivalents $ 27.5 $ 97.0
Accounts Receivable (Less Allowance of $3.1 and $1.0) 122.5 121.2
Inventories – Net 104.2 117.1
Prepayments and Other 40.3 35.7
Total Current Assets 294.5 371.0
Property, Plant and Equipment – Net 3,741.2 3,669.1
Regulatory Assets 359.6 372.0
Investment in ATC 135.6 124.5
Other Investments 55.6 74.6
Goodwill and Intangible Assets – Net 213.4 215.2
Other Non-Current Assets 106.5 68.1
Total Assets [1] 4,906.4 4,894.5
Current Liabilities [Abstract]    
Accounts Payable 74.0 88.8
Accrued Taxes 46.5 44.0
Accrued Interest 17.6 18.6
Long-Term Debt Due Within One Year 187.7 35.7
Notes Payable 0.0 1.6
Other 73.7 86.1
Total Current Liabilities 399.5 274.8
Long-Term Debt 1,370.4 1,556.7
Deferred Income Taxes 584.1 579.8
Regulatory Liabilities 125.8 105.0
Defined Benefit Pension and Other Postretirement Benefit Plans 210.9 206.8
Other Non-Current Liabilities 322.7 349.0
Total Liabilities 3,013.4 3,072.1
Commitments, Guarantees and Contingencies (Note 11)
ALLETE's Equity [Abstract]    
Common Stock Without Par Value, 80.0 Shares Authorized, 49.6 and 49.1 Shares Issued and Outstanding 1,295.3 1,271.4
Accumulated Other Comprehensive Loss (28.2) (24.5)
Retained Earnings 625.9 573.3
Total ALLETE Equity 1,893.0 1,820.2
Non-Controlling Interest in Subsidiaries 0.0 2.2
Total Equity 1,893.0 1,822.4
Total Liabilities and Equity $ 4,906.4 $ 4,894.5
[1] As a result of revised accounting guidance adopted in the first quarter of 2016, we reclassified unamortized debt issuance costs from Other Non-Current Assets to Long-Term Debt on the Consolidated Balance Sheet. Prior period segment assets have been reclassified to conform to the current presentation. (See Note 1. Operations and Significant Accounting Policies.)