XML 64 R47.htm IDEA: XBRL DOCUMENT v3.24.3
SHORT-TERM AND LONG-TERM DEBT - Narrative (Details)
Jul. 31, 2024
USD ($)
Apr. 23, 2024
USD ($)
Sep. 30, 2024
USD ($)
Sep. 05, 2024
USD ($)
Dec. 31, 2023
USD ($)
Minimum          
Debt Instrument [Line Items]          
Required ratio of indebtedness to total capitalization     0.65    
Actual ratio of indebtedness to total capitalization     0.36    
Maximum          
Debt Instrument [Line Items]          
Required ratio of indebtedness to total capitalization     1.00    
Actual ratio of indebtedness to total capitalization     1.00    
ALLETE Bonds 5.72% Due April 2039          
Debt Instrument [Line Items]          
Interest rate   5.72%      
Proceeds from issuance of first mortgage bond   $ 100,000,000      
Line of Credit | Credit Agreement          
Debt Instrument [Line Items]          
Letters of credit outstanding     $ 23,400,000   $ 19,400,000
Line of credit draw outstanding     $ 0   $ 34,100,000
Senior Notes          
Debt Instrument [Line Items]          
Proceeds from issuance of long-term debt       $ 150,000,000  
Senior Notes | 5.94% Senior Unsecured Notes Due September 2029          
Debt Instrument [Line Items]          
Proceeds from issuance of long-term debt       $ 100,000,000  
Interest rate       5.94%  
Senior Notes | 6.18% Senior Unsecured Notes Due September 2034          
Debt Instrument [Line Items]          
Proceeds from issuance of long-term debt       $ 50,000,000  
Interest rate       6.18%  
Senior Notes | 2.65% Senior Notes Due September 10, 2025          
Debt Instrument [Line Items]          
Interest rate 2.65%        
Repayments of senior debt $ 150,000,000        
Percentage of principal amount prepaid 100.00%