XML 33 R5.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Statement of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating Revenue [Abstract]      
Contracts with Customers – Utility $ 1,259.3 $ 1,227.9 $ 987.3
Contracts with Customers – Non-utility 303.8 179.9 170.5
Other – Non-utility 7.6 11.4 11.3
Total Operating Revenue 1,570.7 1,419.2 1,169.1
Operating Expenses [Abstract]      
Fuel, Purchased Power and Gas - Utility 545.5 562.4 358.6
Transmission Services - Utility 76.7 75.3 67.0
Cost of Sales - Non-utility 182.8 68.8 66.7
Operating and Maintenance 318.9 259.2 252.0
Depreciation and Amortization 242.2 231.7 217.8
Taxes Other than Income Taxes 70.4 70.5 56.1
Impairment of Property, Plant and Equipment 0.0 0.0 12.7
Total Operating Expenses 1,436.5 1,267.9 1,030.9
Operating Income 134.2 151.3 138.2
Other Income (Expense) [Abstract]      
Interest Expense (75.2) (69.1) (65.6)
Equity Earnings 18.7 20.0 22.1
Other 22.4 8.7 14.7
Total Other Expense (34.1) (40.4) (28.8)
Income Before Non-Controlling Interest and Income Taxes 100.1 110.9 109.4
Income Tax Benefit (31.2) (26.9) (43.4)
Net Income 131.3 137.8 152.8
Net Loss Attributable to Non-Controlling Interest (58.0) (31.4) (12.6)
Net Income Attributable to ALLETE $ 189.3 $ 169.2 $ 165.4
Average Shares of Common Stock and Per Share Data [Abstract]      
Basic (Shares) 55.9 52.4 51.9
Diluted (Shares) 56.0 52.5 51.9
Basic Earnings Per Share of Common Stock $ 3.38 $ 3.23 $ 3.18
Diluted Earnings Per Share of Common Stock $ 3.38 $ 3.23 $ 3.18