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Consolidated Balance Sheet - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current Assets [Abstract]    
Cash and Cash Equivalents $ 42.1 $ 45.1
Accounts Receivable (Less Allowance of $1.5 and $1.8) 120.5 123.7
Inventories – Net 472.2 97.7
Prepayments and Other 87.4 24.8
Total Current Assets 722.2 291.3
Property, Plant and Equipment – Net 5,011.0 5,100.2
Regulatory Assets 447.1 511.8
Equity Investments 320.3 318.0
Goodwill and Intangible Assets - Net 155.8 0.8
Other Non-Current Assets 201.6 212.9
Total Assets 6,858.0 6,435.0
Current Liabilities [Abstract]    
Accounts Payable 124.3 111.0
Accrued Taxes 69.5 65.1
Accrued Interest 15.1 20.1
Long-Term Debt Due Within One Year 308.6 214.2
Other 188.5 133.0
Total Current Liabilities 706.0 543.4
Long-Term Debt 1,653.0 1,763.2
Deferred Income Taxes 177.0 185.7
Regulatory Liabilities 527.4 536.1
Defined Benefit Pension and Other Postretirement Benefit Plans 171.9 179.5
Other Non-Current Liabilities 268.8 280.8
Total Liabilities 3,504.1 3,488.7
Commitments, Guarantees and Contingencies (Note 7)
Equity [Abstract]    
Common Stock Without Par Value, 80.0 Shares Authorized, 57.2 and 53.2 Shares Issued and Outstanding 1,777.2 1,536.7
Accumulated Other Comprehensive Loss (23.8) (23.8)
Retained Earnings 929.2 900.2
Total ALLETE Equity 2,682.6 2,413.1
Non-Controlling Interest in Subsidiaries 671.3 533.2
Total Equity 3,353.9 2,946.3
Total Liabilities and Equity $ 6,858.0 $ 6,435.0