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Business Segments (Tables) | 3 Months Ended
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Mar. 31, 2024
Segment Reporting [Abstract] |
Business Segments | We also present Corporate and Other which includes New Energy, a renewable energy development company, BNI Energy, our coal mining operations in North Dakota, ALLETE Properties, our legacy Florida real estate investment, along with our investment in Nobles 2, South Shore Energy, our non-rate regulated, Wisconsin subsidiary developing NTEC, other business development and corporate expenditures, unallocated interest expense, a small amount of non-rate base generation, land holdings in Minnesota, and earnings on cash and investments. NOTE 10. BUSINESS SEGMENTS (Continued)
|  |  | Three Months Ended
|  |  | March 31,
|  |  |  | 2024 | 2023
Millions |  |  |  |  |
Operating Revenue |  |  |  |  |
Regulated Operations |  |  |  |  |
Residential |  |  |  | $51.5 |  | $49.4 |
Commercial |  |  |  | 49.7 |  | 47.7 |
Municipal |  |  |  | 9.0 |  | 8.9 |
Industrial |  |  |  | 159.5 |  | 144.9 |
Other Power Suppliers |  |  |  | 40.0 |  | 35.9 |
Other |  |  |  | 28.6 |  | 25.8 |
Total Regulated Operations |  |  |  | 338.3 |  | 312.6 |
ALLETE Clean Energy |  |  |  |  |
Long-term PSA |  |  |  | 17.8 |  | 18.4 |
Sale of Wind Energy Facilities |  |  |  | — |  | 181.8 |
Other |  |  |  | 1.3 |  | 1.3 |
Total ALLETE Clean Energy |  |  |  | 19.1 |  | 201.5 |
Corporate and Other |  |  |  |  |
Long-term Contract |  |  |  | 25.4 |  | 25.5 |
Sale of Renewable Development Projects |  |  |  | 13.9 |  | 19.8 |
Other |  |  |  | 6.6 |  | 5.5 |
Total Corporate and Other |  |  |  | 45.9 |  | 50.8 |
Total Operating Revenue |  |  |  | $403.3 |  | $564.9 |
Net Income Attributable to ALLETE |  |  |  |  |
Regulated Operations |  |  |  | $44.2 |  | $40.6 |
ALLETE Clean Energy |  |  |  | 3.8 |  | 8.5 |
Corporate and Other |  |  |  | 2.7 |  | 9.1 |
Total Net Income Attributable to ALLETE |  |  |  | $50.7 |  | $58.2 |
| March 31, 2024 | December 31, 2023
Millions |  |
Assets |  |
Regulated Operations | $4,345.1 |  | $4,335.0 |
ALLETE Clean Energy | 1,580.0 |  | 1,594.1 |
Corporate and Other | 679.5 |  | 727.3 |
Total Assets | $6,604.6 |  | $6,656.4 |

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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 Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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