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Consolidated Balance Sheet - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current Assets [Abstract]    
Cash and Cash Equivalents $ 29.9 $ 36.4
Accounts Receivable (Less Allowance of $1.7 and $1.6) 120.3 137.9
Inventories – Net 346.9 455.9
Prepayments and Other 72.6 87.8
Total Current Assets 569.7 718.0
Property, Plant and Equipment – Net 4,979.3 5,004.0
Regulatory Assets 469.1 441.0
Equity Investments 323.9 322.7
Goodwill and Intangible Assets - Net 155.5 155.6
Other Non-Current Assets 207.0 204.3
Total Assets 6,704.5 6,845.6
Current Liabilities [Abstract]    
Accounts Payable 84.9 103.0
Accrued Taxes 81.4 69.1
Accrued Interest 14.9 20.5
Long-Term Debt Due Within One Year 176.4 272.6
Other 106.8 251.0
Total Current Liabilities 464.4 716.2
Long-Term Debt 1,755.5 1,648.2
Deferred Income Taxes 156.3 158.1
Regulatory Liabilities 526.4 526.1
Defined Benefit Pension and Other Postretirement Benefit Plans 173.8 179.7
Other Non-Current Liabilities 270.4 269.0
Total Liabilities 3,346.8 3,497.3
Commitments, Guarantees and Contingencies (Note 6)
Equity [Abstract]    
Common Stock Without Par Value, 80.0 Shares Authorized, 57.3 and 57.2 Shares Issued and Outstanding 1,785.6 1,781.5
Accumulated Other Comprehensive Loss (24.3) (24.4)
Retained Earnings 954.2 934.8
Total ALLETE Equity 2,715.5 2,691.9
Non-Controlling Interest in Subsidiaries 642.2 656.4
Total Equity 3,357.7 3,348.3
Total Liabilities and Equity $ 6,704.5 $ 6,845.6