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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Current Assets [Abstract]    
Cash and Cash Equivalents $ 44.3 $ 69.3
Accounts Receivable (Less Allowance of $2.5 and $0.9) 111.9 96.4
Inventories – Net 74.2 72.8
Prepayments and Other 24.5 31.0
Total Current Assets 254.9 269.5
Property, Plant and Equipment – Net 4,840.8 4,377.0
Regulatory Assets 480.9 420.5
Equity Investments 301.2 197.6
Other Non-Current Assets 206.8 218.2
Total Assets 6,084.6 5,482.8
Current Liabilities [Abstract]    
Accounts Payable 110.0 165.2
Accrued Taxes 59.4 50.8
Accrued Interest 19.8 18.1
Long-Term Debt Due Within One Year 203.7 212.9
Other 66.7 60.4
Total Current Liabilities 459.6 507.4
Long-Term Debt 1,593.2 1,400.9
Deferred Income Taxes 195.7 212.8
Regulatory Liabilities 524.8 560.3
Defined Benefit Pension and Other Postretirement Benefit Plans 225.8 172.8
Other Non-Current Liabilities 285.3 293.0
Total Liabilities 3,284.4 3,147.2
Commitments, Guarantees and Contingencies (Note 8)
ALLETE Equity [Abstract]    
Common Stock Without Par Value, 80.0 Shares Authorized, 52.1 and 51.7 Shares Issued and Outstanding 1,460.9 1,436.7
Accumulated Other Comprehensive Loss (31.1) (23.6)
Retained Earnings 864.8 818.8
Total ALLETE Equity 2,294.6 2,231.9
Non-Controlling Interest in Subsidiaries 505.6 103.7
Total Equity 2,800.2 2,335.6
Total Liabilities and Equity $ 6,084.6 $ 5,482.8