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Consolidated Balance Sheet - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current Assets [Abstract]    
Cash and Cash Equivalents $ 47.9 $ 36.4
Accounts Receivable (Less Allowance of $1.6 and $1.6) 123.2 137.9
Inventories – Net 194.3 455.9
Prepayments and Other 80.8 87.8
Total Current Assets 446.2 718.0
Property, Plant and Equipment – Net 4,973.9 5,004.0
Regulatory Assets 454.5 441.0
Equity Investments 327.5 322.7
Goodwill and Intangible Assets - Net 155.5 155.6
Other Non-Current Assets 210.3 204.3
Total Assets 6,567.9 6,845.6
Current Liabilities [Abstract]    
Accounts Payable 89.3 103.0
Accrued Taxes 50.4 69.1
Accrued Interest 21.3 20.5
Long-Term Debt Due Within One Year 106.7 272.6
Other 112.6 251.0
Total Current Liabilities 380.3 716.2
Long-Term Debt 1,685.9 1,648.2
Deferred Income Taxes 153.6 158.1
Regulatory Liabilities 538.0 526.1
Defined Benefit Pension and Other Postretirement Benefit Plans 173.6 179.7
Other Non-Current Liabilities 268.0 269.0
Total Liabilities 3,199.4 3,497.3
Commitments, Guarantees and Contingencies (Note 6)
Equity [Abstract]    
Common Stock Without Par Value, 80.0 Shares Authorized, 57.4 and 57.2 Shares Issued and Outstanding 1,791.6 1,781.5
Accumulated Other Comprehensive Loss (24.4) (24.4)
Retained Earnings 966.9 934.8
Total ALLETE Equity 2,734.1 2,691.9
Non-Controlling Interest in Subsidiaries 634.4 656.4
Total Equity 3,368.5 3,348.3
Total Liabilities and Equity $ 6,567.9 $ 6,845.6