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Common Stock and Earnings Per Share
 12 Months Ended
Dec. 31, 2021
Equity [Abstract]  
Common Stock and Earnings Per Share [Text Block] COMMON STOCK AND EARNINGS PER SHARE
Summary of Common StockSharesEquity
 ThousandsMillions
Balance as of December 31, 201851,509 $1,428.5 
Employee Stock Purchase Plan8 0.7 
Invest Direct38 3.0 
Options and Stock Awards85 1.3 
Contributions to RSOP39 3.2 
Balance as of December 31, 201951,679 1,436.7 
Employee Stock Purchase Plan13 0.7 
Invest Direct309 18.3 
Options and Stock Awards35 2.2 
Contributions to RSOP49 3.0 
Balance as of December 31, 202052,085 1,460.9 
Employee Stock Purchase Plan17 0.8 
Invest Direct263 17.5 
Options and Stock Awards49 3.4 
Contributions to RSOP24 3.1 
Equity Issuance Program782 51.0 
Balance as of December 31, 202153,220 $1,536.7 
NOTE 9. COMMON STOCK AND EARNINGS PER SHARE (Continued)

Equity Issuance Program. We entered into a distribution agreement with Lampert Capital Markets, in 2008, as amended most recently in 2020, with respect to the issuance and sale of up to an aggregate of 13.6 million shares of our common stock, without par value, of which 2.1 million shares remain available for issuance as of December 31, 2021. For the year ended December 31, 2021, 0.8 million shares of common stock were issued under this agreement (none in 2020 and 2019) resulting in proceeds of $51.0 million.
Earnings Per Share. We compute basic earnings per share using the weighted average number of shares of common stock outstanding during each period. The difference between basic and diluted earnings per share, if any, arises from non-vested restricted stock units and performance share awards granted under our Executive Long-Term Incentive Compensation Plan.

Reconciliation of Basic and Diluted   
Earnings Per Share Dilutive 
Year Ended December 31BasicSecuritiesDiluted
Millions Except Per Share Amounts   
2021   
Net Income Attributable to ALLETE$169.2 $169.2 
Average Common Shares52.4 0.1 52.5 
Earnings Per Share$3.23 $3.23 
2020   
Net Income Attributable to ALLETE$174.2 $174.2 
Average Common Shares51.9 — 51.9 
Earnings Per Share$3.36 $3.35 
2019   
Net Income Attributable to ALLETE$185.6 $185.6 
Average Common Shares51.6 0.1 51.7 
Earnings Per Share$3.59 $3.59