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Allete Inc (ALE) SEC Filing 10-K Annual Report for the fiscal year ending Saturday, December 31, 2022

SEC Filings

ALE Annual Reports

  • 10-K Annual Report February 2023
  • 10-K Annual Report February 2022
    10-K Annual Report February 2021
    10-K Annual Report February 2020
    10-K Annual Report February 2019
    10-K Annual Report February 2018
    10-K Annual Report February 2017
    10-K Annual Report February 2016
    10-K Annual Report February 2015

Allete Inc

CIK: 66756 Ticker: ALE
Document and Entity Information Document - USD ($)
12 Months Ended
Dec. 31, 2022
Feb. 01, 2023
Jun. 30, 2022
Document and Entity Information [Line Items]   
Document Type10-K  
Document Annual Reporttrue  
Document Period End DateDec. 31, 2022  
Document Transition Reportfalse  
Entity File Number1-3548  
Entity Registrant NameALLETE, Inc.  
Entity Incorporation, StateMN  
Entity Tax Identification Number41-0418150  
Entity Address, Address Line30 West Superior Street  
Entity Address, CityDuluth  
Entity Address, StateMN  
Entity Address, Postal Zip Code55802-2093  
City Area Code218  
Local Phone Number279-5000  
Title of 12(b) SecurityCommon Stock, without par value  
Trading SymbolALE  
Security Exchange NameNYSE  
Entity Central Index Key0000066756  
Current Fiscal Year End Date--12-31  
Entity Well-known Seasoned IssuerYes  
Entity Voluntary FilersNo  
Entity Current Reporting StatusYes  
Entity Interactive Data CurrentYes  
Entity Filer CategoryLarge Accelerated Filer  
Entity Small Businessfalse  
Entity Emerging Growth Companyfalse  
Entity Shell Companyfalse  
Entity Public Float  $ 3,349,606,300
Entity Common Stock, Shares Outstanding 57,252,864 
Document Fiscal Year Focus2022  
Document Fiscal Period FocusFY  
Amendment Flagfalse  
ICFR Auditor Attestation Flagtrue  

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Definitive Proxy Statement (Form DEF 14A)
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Allete Inc's Definitive Proxy Statement (Form DEF 14A) filed after their 2023 10-K Annual Report includes:

  • Voting Procedures
  • Board Members
  • Executive Team
  • Salaries, Bonuses, Perks
  • Peers / Competitors

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Inside Allete Inc's 10-K Annual Report:

Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Audit Information
Document And Entity Information Document
Consolidated Balance Sheet
Consolidated Balance Sheet Parentheticals
Consolidated Statement Of Cash Flows
Consolidated Statement Of Comprehensive Income
Consolidated Statement Of Comprehensive Income Parentheticals
Consolidated Statement Of Equity
Consolidated Statement Of Income
Operations And Significant Accounting Policies - Supplemental Statement Of Cash Flow Information
Acquisitions
Acquisitions (Details)
Acquisitions (Tables)
Business Segment (Details)
Business Segment (Tables)
Business Segments
Commitments, Guarantees And Contingencies
Commitments, Guarantees And Contingencies (Tables)
Commitments, Guarantees And Contingencies - Environmental Matters (Details)
Commitments, Guarantees And Contingencies - Other Matters (Details)
Commitments, Guarantees And Contingencies - Power Purchase Agreements (Details)
Commitments, Guarantees And Contingencies Minimum Payments For Certain Long-Term Commitments (Details)
Common Stock And Earnings Per Share
Common Stock And Earnings Per Share (Tables)
Common Stock And Earnings Per Share - Reconciliation Of Basic And Diluted Earnings Per Share (Details)
Common Stock And Earnings Per Share - Summary Of Common Stock (Details)
Employee Stock And Incentive Plans
Employee Stock And Incentive Plans (Tables)
Employee Stock And Incentive Plans - Employee Stock Ownership Plan (Details)
Employee Stock And Incentive Plans - Performance Shares And Restricted Stock Units (Details)
Employee Stock And Incentive Plans - Share-Based Compensation Expense (Details)
Employee Stock And Incentive Plans - Stock-Based Compensation (Details)
Equity Investments
Equity Investments (Details)
Equity Investments (Tables)
Equity Investments Equity Investment In Nobles 2 (Details)
Fair Value
Fair Value (Tables)
Fair Value - Assets And Liabilities Measured At Fair Value On A Nonrecurring Basis (Details)
Fair Value - Financial Instruments (Details)
Fair Value - Recurring Fair Value Measures (Details)
Income Tax Expense
Income Tax Expense (Details)
Income Tax Expense (Tables)
Income Tax Expense - Deferred Income Tax Assets And Liabilities (Details)
Income Tax Expense - Gross Unrecognized Income Tax Benefits (Details)
Income Tax Expense - Nol And Tax Credit Carryforwards (Details)
Income Tax Expense - Reconciliation Of Taxes From Federal Statutory Rate To Total Income Tax Expense (Details)
Jointly-Owned Facilities And Assets
Jointly-Owned Facilities And Assets (Details)
Jointly-Owned Facilities And Assets (Tables)
Operations And Significant Accounting Policies
Operations And Significant Accounting Policies (Policies)
Operations And Significant Accounting Policies (Tables)
Operations And Significant Accounting Policies - Balance Sheet And Income Statement Disclosures (Details)
Operations And Significant Accounting Policies - Business Segments (Details)
Operations And Significant Accounting Policies - Concentration Of Credit Risk (Details)
Operations And Significant Accounting Policies - Immaterial Revision Of Prior Periods (Details)
Operations And Significant Accounting Policies - Lease Maturities (Details)
Operations And Significant Accounting Policies - Leases (Details)
Operations And Significant Accounting Policies - Non-Controlling Interest (Details)
Operations And Significant Accounting Policies - Other Income (Expense) - Other (Details)
Operations And Significant Accounting Policies - Revenue - Assets Recognized From The Costs To Obtain A Contract With A Customer (Details)
Operations And Significant Accounting Policies - Revenue - Nature Of Revenue Streams (Continued) (Details)
Operations And Significant Accounting Policies - Revenue - Nature Of Revenue Streams (Details)
Pension And Other Postretirement Benefit Plans
Pension And Other Postretirement Benefit Plans (Tables)
Pension And Other Postretirement Benefit Plans - Assumptions Used To Determine Benefit Obligation And Net Periodic Benefit Costs (Details)
Pension And Other Postretirement Benefit Plans - Components Of Net Periodic Expense (Details)
Pension And Other Postretirement Benefit Plans - Contributions (Details)
Pension And Other Postretirement Benefit Plans - Estimated Future Benefit Payments (Details)
Pension And Other Postretirement Benefit Plans - Information For Pension Plans With An Accumulated Benefit Obligation In Excess Of Plan Assets (Details)
Pension And Other Postretirement Benefit Plans - Obligation And Funded Status (Details)
Pension And Other Postretirement Benefit Plans - Other Changes In Plan Assets And Benefit Obligations Recognized In Other Comprehensive Income And Regulatory Assets Or Liabilities (Details)
Pension And Other Postretirement Benefit Plans - Plan Asset Allocations (Details)
Pension And Other Postretirement Benefit Plans - Reconciliation Of Net Pension Amounts Recognized In Consolidated Balance Sheet (Details)
Pension And Other Postretirement Benefit Plans - Reconciliation Of Net Postretirement Health And Life Amounts Recognized In Consolidated Balance Sheet (Details)
Pension And Other Postretirement Benefit Plans - Recurring Fair Value Measures (Details)
Pension And Other Postretirement Benefit Plans - Recurring Fair Value Measures, Activity In Level 3 (Details)
Pension And Other Postretirement Benefit Plans - Unrecognized Postretirement Health And Life Costs (Details)
Property, Plant And Equipment
Property, Plant And Equipment (Details)
Property, Plant And Equipment (Tables)
Quarterly Financial Data (Unaudited)
Quarterly Financial Data (Unaudited) (Details)
Quarterly Financial Data (Unaudited) (Tables)
Regulated Operations (Policies)
Regulatory Matters
Regulatory Matters (Tables)
Regulatory Matters - Conservation Improvement Program (Cip) (Details)
Regulatory Matters - Electric Rates (Details)
Regulatory Matters - Integrated Resource Plan (Details)
Regulatory Matters - Minnesota Solar Energy Standard (Details)
Regulatory Matters - Miso Return On Equity Complaints (Details)
Regulatory Matters - Regulatory Assets And Liabilities (Details)
Schedule Ii
Schedule Ii (Details)
Short-Term And Long-Term Debt
Short-Term And Long-Term Debt (Tables)
Short-Term And Long-Term Debt - Financial Covenants (Details)
Short-Term And Long-Term Debt - Long-Term Debt (Details)
Short-Term And Long-Term Debt - Schedule Of Long-Term Debt (Details)
Short-Term And Long-Term Debt - Short-Term Debt (Details)
Ticker: ALE
CIK: 66756
Form Type: 10-K Annual Report
Accession Number: 0000066756-23-000005
Submitted to the SEC: Wed Feb 15 2023 6:08:58 PM EST
Accepted by the SEC: Thu Feb 16 2023
Period: Saturday, December 31, 2022
Industry: Electric And Other Services Combined

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