XML 40 R26.htm IDEA: XBRL DOCUMENT v3.19.2
Short-Term and Long-Term Debt (Tables)
6 Months Ended
Jun. 30, 2019
Debt Disclosure [Abstract]  
Schedule of Short-Term and Long-Term Debt [Table Text Block]

The following tables present the Company’s short-term and long-term debt as of June 30, 2019, and December 31, 2018:
June 30, 2019
Principal

 
Unamortized Debt Issuance Costs
 
Total

Millions
 
 
 
 
 
Short-Term Debt

$28.1

 
$(0.4)
 

$27.7

Long-Term Debt
1,514.9

 
(9.0)
 
1,505.9

Total Debt

$1,543.0

 
$(9.4)
 

$1,533.6


December 31, 2018
Principal

 
Unamortized Debt Issuance Costs
 
Total

Millions
 
 
 
 
 
Short-Term Debt

$57.9

 
$(0.4)
 

$57.5

Long-Term Debt
1,437.3

 
(8.8)
 
1,428.5

Total Debt

$1,495.2

 
$(9.2)
 

$1,486.0


Schedule of Long-term Debt Instruments [Table Text Block]
On March 1, 2019, ALLETE issued and sold the following First Mortgage Bonds (the Bonds):
Maturity Date
Principal Amount
Interest Rate
March 1, 2029
$70 Million
4.08%
March 1, 2049
$30 Million
4.47%