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CONSOLIDATED BALANCE SHEET Unaudited - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current Assets    
Cash and Cash Equivalents $ 101.9 $ 71.9
Accounts Receivable (Less Allowance of $1.6 and $1.6) 136.8 137.2
Inventories – Net 166.6 175.4
Prepayments and Other 78.1 83.6
Total Current Assets 483.4 468.1
Property, Plant and Equipment – Net 5,112.8 5,013.4
Regulatory Assets 386.1 425.4
Equity Investments 337.9 331.2
Goodwill and Intangible Assets – Net 155.3 155.4
Other Non-Current Assets 261.7 262.9
Total Assets 6,737.2 6,656.4
Current Liabilities    
Accounts Payable 110.8 102.2
Accrued Taxes 60.2 51.0
Accrued Interest 19.1 21.1
Long-Term Debt Due Within One Year 41.8 111.4
Other 102.5 91.9
Total Current Liabilities 334.4 377.6
Long-Term Debt 1,743.7 1,679.9
Deferred Income Taxes 255.5 192.7
Regulatory Liabilities 562.1 574.0
Defined Benefit Pension and Other Postretirement Benefit Plans 134.5 160.8
Other Non-Current Liabilities 314.4 264.3
Total Liabilities 3,344.6 3,249.3
Commitments, Guarantees and Contingencies (Note 6)
Redeemable Non-Controlling Interest 0.7 0.5
Equity    
Common Stock Without Par Value, 80.0 Shares Authorized, 57.8 and 57.6 Shares Issued and Outstanding 1,819.1 1,803.7
Accumulated Other Comprehensive Loss (21.0) (20.5)
Retained Earnings 1,033.1 1,026.4
Total ALLETE Equity 2,831.2 2,809.6
Non-Controlling Interest in Subsidiaries 560.7 597.0
Total Equity 3,391.9 3,406.6
Total Liabilities, Redeemable Non-Controlling Interest and Equity $ 6,737.2 $ 6,656.4