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Business Segments (Tables)

3 Months Ended

Mar. 31, 2019

Segment Reporting [Abstract]

Business Segments [Table Text Block]

	Three Months Ended
	March 31,
	2019			2018
Millions
Operating Revenue
Regulated Operations
Residential		$45.2			$40.7
Commercial	38.9			36.6
Municipal	15.4			14.0
Industrial	121.6			114.9
Other Power Suppliers	39.4			43.7
Other	21.7			20.3
Total Regulated Operations	282.2			270.2
Energy Infrastructure and Related Services
ALLETE Clean Energy
Long-term PSA	14.6			18.6
Other	2.9			6.0
Total ALLETE Clean Energy	17.5			24.6
U.S. Water Services (a)
Point-in-Time	19.0			22.3
Contract	9.2			9.5
Capital Project	5.2			6.4
Total U.S. Water Services	33.4			38.2
Corporate and Other
Long-term Contract	20.2			20.0
Other	3.9			5.2
Total Corporate and Other	24.1			25.2
Total Operating Revenue		$357.2			$358.2
Net Income (Loss)
Regulated Operations		$51.5			$43.9
Energy Infrastructure and Related Services
ALLETE Clean Energy	5.8			8.1
U.S. Water Services (a)	(1.1		)	(1.4		)
Corporate and Other (a)	14.3			0.4
Total Net Income		$70.5			$51.0

(a) On March 26, 2019, ALLETE completed the sale of U.S. Water Services. The Company recognized a gain on the sale of approximately $10 million after-tax reflected in Corporate and Other in 2019. (See Note 1. Operations and Significant Accounting Policies.)

NOTE 11. BUSINESS SEGMENTS (Continued)

	March 31, 2019			December 31, 2018
Millions
Assets
Regulated Operations		$3,962.7			$3,952.5
Energy Infrastructure and Related Services
ALLETE Clean Energy	643.8			606.6
U.S. Water Services (a)	—			295.8
Corporate and Other	612.3			310.1
Total Assets		$5,218.8			$5,165.0

(a)

On March 26, 2019, ALLETE completed the sale of U.S. Water Services. (See Note 1. Operations and Significant Accounting Policies.)

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
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