ALLETE, Inc. ALE Cash Flow

Allete, inc. (ALE)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Operating Activities [Abstract]
Net Income
179,500	185,500	197,000	196,500	193,600	174,100	154,400	168,600	174,200	172,200	175,100	170,500	158,400	155,800	130,300	150,300	147,800	141,500	155,900	137,200	131,800	125,500	125,300	108,900	106,000	104,700	100,600	104,800	105,200	97,100	87,300	78,400	80,900	93,600	87,600	86,600	89,100	74,800	0	0	0
AFUDC – Equity
2,200	2,300	2,200	2,000	1,500	1,200	1,400	1,300	1,300	1,200	1,100	1,300	1,400	2,100	2,400	2,900	3,300	3,300	4,500	5,600	6,900	7,800	7,100	6,300	5,300	4,600	5,100	5,300	5,400	5,100	4,200	3,300	3,900	2,500	9,300	7,400	4,800	4,200	0	0	0
Income from Equity Investments – Net of Dividends
4,400	5,600	4,200	500	4,000	2,300	8,300	5,300	4,200	3,200	-3,700	-5,300	-4,300	-5,700	-3,900	-2,400	-3,900	-1,800	-3,300	-3,000	-2,600	-2,600	-4,100	-3,800	-3,700	-4,200	-4,100	-4,300	-4,300	-3,700	-4,000	-4,000	-3,900	-3,200	-2,800	-2,600	-2,700	-3,100	0	0	0
Change in Fair Value of Contingent Consideration
-	-	-	-	-	-	-	-	-	-	-	-14,000	-14,000	-13,600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Realized and Unrealized (Gain) Loss on Investments and Property, Plant and Equipment
0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-2,600	-2,200	-700	-800	200	0	-200	-200	-900	0	0	0	-	-	-	-
Gain on Sale of Investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	0	0
Depreciation Expense
203,300	200,600	201,100	201,700	206,300	200,100	173,800	173,200	167,200	171,900	196,200	194,300	193,000	190,600	187,000	181,400	174,300	165,900	156,900	148,400	141,900	135,700	129,800	125,700	120,600	116,600	112,100	107,700	103,800	100,200	97,700	95,400	92,700	90,400	87,800	85,100	82,800	80,500	0	0	0
Amortization of Power Purchase Agreements
11,500	11,600	14,400	17,500	20,500	23,600	23,800	23,700	23,700	23,600	23,300	23,000	22,600	22,300	22,800	23,300	23,900	23,200	20,800	17,500	15,300	12,700	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of Other Intangible Assets and Other Assets
11,800	13,000	12,500	8,600	11,400	10,400	10,400	9,900	10,100	10,200	9,800	10,600	10,900	10,300	8,700	7,700	7,100	5,600	4,900	3,100	1,200	700	1,000	1,000	1,000	1,000	1,100	1,000	1,100	1,000	900	900	900	900	900	900	900	900	0	0	0
Deferred Income Tax Expense (Benefit)
-23,100	-6,700	-11,200	-8,400	-8,800	-15,800	-29,000	-15,300	-3,000	14,400	38,200	25,800	23,200	19,400	14,100	26,600	28,200	25,100	34,000	31,400	30,000	32,700	33,400	30,600	30,100	28,600	34,500	36,000	36,500	37,500	34,600	37,100	36,000	35,800	25,600	54,700	62,300	66,000	0	0	0
Share-Based and ESOP Compensation Expense
6,200	6,300	6,600	6,800	6,900	6,800	6,700	6,600	6,500	6,600	6,500	6,200	6,300	5,100	13,100	12,500	11,600	11,600	2,700	2,200	2,100	2,300	2,300	2,500	2,600	2,400	2,200	2,200	2,000	2,100	1,600	1,700	1,700	1,600	2,300	2,200	2,300	2,200	0	0	0
ESOP Compensation Expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	9,700	9,500	9,300	9,100	9,100	8,900	8,600	8,400	8,200	8,000	7,900	7,700	7,600	7,500	7,300	7,400	7,200	7,200	7,200	7,100	0	0	0
Defined Benefit Pension and Postretirement Benefit Expense
100	1,200	4,000	6,400	7,500	8,600	8,900	9,400	9,800	10,100	8,300	7,000	5,800	4,600	7,800	10,300	12,900	15,400	14,700	14,100	13,400	12,800	13,800	16,200	18,600	21,000	23,700	24,900	26,200	27,500	25,700	25,100	24,300	23,600	0	0	0	-	-	-	-
Payments / Provision for Interim Rate Refund
-40,600	-40,000	-36,700	-32,500	12,500	16,300	45,300	41,100	36,700	32,300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments / Provision for Tax Reform Refund
200	10,400	8,900	-27,700	-8,000	-10,700	-9,200	6,700	7,500	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Bad Debt Expense
-100	-100	-700	-200	1,200	1,100	1,800	1,500	1,500	800	2,100	3,000	3,100	4,100	3,300	2,400	2,000	1,600	1,500	1,500	1,800	1,800	1,500	1,500	1,400	1,300	1,000	900	800	1,000	1,100	1,200	1,300	1,200	1,300	1,100	1,100	1,100	0	0	0
Gain (Loss) on Disposition of Business
3,500	23,600	20,600	20,600	20,100	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in Operating Assets and Liabilities [Abstract]
Accounts Receivable
1,700	-22,600	-19,500	43,000	-16,500	10,700	13,700	7,300	14,200	8,000	-24,900	-8,800	-400	-4,700	100	-9,700	-10,900	1,100	-8,800	-7,200	1,400	-3,500	100	2,500	-8,400	-8,600	-7,500	-12,600	-10,100	-10,100	1,400	3,800	13,500	18,600	35,100	35,000	26,300	17,900	0	0	0
Inventories
5,200	4,100	-52,200	-61,800	-50,100	-55,500	-4,600	-15,900	-5,900	-11,900	8,900	7,400	5,900	13,300	11,700	-2,000	-12,200	-22,100	-32,400	-18,000	-19,800	-17,500	-3,800	-1,200	-1,500	10,500	12,000	-1,700	7,900	-700	-7,600	-8,000	-16,100	-9,100	-6,300	-4,200	-4,500	-3,000	0	0	0
Prepayments and Other
-1,400	-300	2,400	4,500	2,300	4,000	-2,500	3,800	2,300	5,300	-4,100	-1,800	-5,200	-6,900	3,400	-1,300	4,500	3,700	-4,400	2,000	1,900	4,800	3,000	-1,800	-4,700	-1,400	-5,400	-700	-5,200	-6,500	-1,000	-4,900	1,600	1,500	3,900	1,300	-5,100	-4,300	0	0	0
Accounts Payable
-8,800	-8,800	400	-5,700	8,200	13,600	5,000	13,200	3,700	-7,500	3,300	-7,400	-600	6,500	-18,700	7,600	-9,500	-19,300	12,100	-3,700	-3,200	10,900	-4,000	200	12,200	1,100	3,700	-3,400	-4,600	-1,500	5,700	0	-4,700	-9,500	-14,400	-1,500	13,100	5,800	0	0	0
Other Current Liabilities
2,500	-13,700	-30,300	-15,900	-19,700	6,700	20,300	13,300	20,100	1,800	14,800	-5,200	-12,800	-10,900	-17,100	-60,800	7,700	5,100	8,500	53,600	-6,800	-3,500	-2,600	-2,500	3,700	1,400	5,600	16,000	22,000	21,800	27,200	25,500	14,300	15,400	2,800	-1,200	400	5,200	0	0	0
Cash Contributions to Defined Benefit Pension Plans
10,700	10,400	10,400	10,400	10,400	15,000	15,000	15,000	15,000	1,700	1,700	8,000	8,000	6,300	0	0	0	-	-	-	-	-	-	-	-	10,800	-19,600	-19,600	-19,600	-8,800	-7,200	-13,800	-13,800	-24,700	0	0	0	-	-	-	-
Changes in Regulatory and Other Non-Current Assets
36,500	25,100	18,800	-24,400	-10,500	-6,700	-64,800	-34,600	-39,500	-33,700	31,500	17,000	-3,900	-10,700	-11,500	-10,800	7,500	600	-14,500	-19,400	-21,400	-21,300	-17,800	-21,800	-20,400	-18,300	-29,400	-27,100	-24,900	-20,900	-13,100	-8,100	-2,900	-7,500	-5,800	-2,100	-3,400	4,200	0	0	0
Changes in Regulatory and Other Non-Current Liabilities
-700	-15,900	-20,100	-17,800	-20,200	-3,900	-6,100	-19,000	-21,700	-31,700	-20,600	8,800	9,600	11,100	2,800	-12,900	-12,100	-3,500	300	-2,500	8,100	2,600	-7,900	1,900	-800	-7,100	1,600	-3,500	-9,200	800	-2,800	4,300	9,700	7,900	15,800	11,100	2,300	-400	0	0	0
Cash from Operating Activities
259,200	249,500	311,400	333,900	390,900	433,100	393,800	412,900	425,500	402,900	404,300	373,100	340,400	334,900	323,300	304,000	361,500	340,100	312,300	326,000	266,700	269,800	262,600	254,400	256,100	239,400	233,000	222,600	229,300	239,600	252,100	239,800	241,100	241,700	225,800	250,200	241,100	228,700	0	0	0
Investing Activities [Abstract]
Proceeds from Sale of Available-for-sale Securities
10,300	12,100	12,100	9,000	9,600	10,200	14,200	16,300	13,100	10,100	7,400	8,600	8,200	9,000	7,800	2,400	2,600	1,700	1,000	1,600	3,200	3,600	4,400	10,700	8,800	16,100	15,300	8,600	8,900	1,500	1,600	1,600	1,300	7,800	7,400	7,300	7,000	600	0	0	0
Payments for Purchase of Available-for-sale Securities
10,700	12,200	11,900	9,400	10,600	13,300	15,200	16,800	13,400	8,600	8,100	9,800	9,600	9,400	8,400	2,700	2,200	2,300	1,800	2,400	4,700	5,000	6,200	6,700	4,200	4,700	3,100	2,200	2,200	1,800	2,200	2,100	2,200	2,300	2,100	2,100	2,000	2,300	0	0	0
Acquisitions of Subsidiaries – Net of Cash and Restricted Cash Acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	333,300	362,000	251,600	204,100	60,300	23,100	23,100	23,100	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Payments for Equity Investments
65,200	37,900	60,600	39,900	38,100	39,200	6,200	6,700	6,300	7,800	8,500	8,800	7,300	5,400	3,900	2,400	2,400	1,600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Return of Capital From Equity Investments
0	8,300	8,300	8,300	8,300	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Sale of U.S. Water Services - Net of Transaction Costs and Cash Retained
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additions to Property, Plant and Equipment
662,100	597,100	532,700	415,000	313,600	312,400	279,200	260,800	259,900	208,500	276,400	271,900	259,900	265,600	198,100	221,100	241,000	286,800	313,200	379,400	444,800	572,800	601,000	533,800	474,900	328,500	269,200	312,600	421,700	405,800	414,300	369,400	241,600	239,200	233,000	261,000	252,300	248,900	0	0	0
Other Investing Activities
-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Construction Costs for Development Project
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Sale of Productive Assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	1,300	1,200	1,200	900	300	0	800	800	2,200	2,200	1,400	1,400	0	0	0	0
Changes to Other Investments
-10,900	-12,900	-17,500	-18,300	-4,800	-5,700	0	0	0	-	-	-	-3,700	-5,100	-5,600	-5,600	-3,300	-3,100	-1,900	-2,000	-3,000	-33,000	-29,300	-20,900	-18,700	12,300	14,600	9,000	9,100	9,600	8,800	9,200	8,000	7,400	200	-500	-2,200	-1,300	0	0	0
Investment in ATC
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	3,100	4,300	4,300	4,700	3,900	2,600	2,000	2,000	2,400	1,800	3,600	1,600	0	0	0
Changes in Restricted Cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-600	-600	5,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Cash from (for) Investing Activities
-712,900	-345,300	-301,200	-164,500	-74,900	-349,000	-285,100	-282,800	-276,900	-229,000	-303,100	-282,900	-270,600	-272,100	-205,200	-321,500	-405,500	-618,800	-701,500	-673,500	-677,000	-625,700	-600,100	-534,800	-477,300	-336,600	-273,500	-318,300	-427,500	-420,100	-427,600	-380,900	-251,700	-240,900	-228,100	-255,700	-244,900	-250,900	0	0	0
Financing Activities [Abstract]
Proceeds from Issuance of Common Stock
4,400	1,900	7,400	11,100	16,800	20,300	20,100	22,300	19,700	86,000	84,400	90,100	92,500	30,900	33,000	28,200	28,700	161,200	226,900	309,900	317,300	200,600	163,800	103,800	99,600	98,200	88,200	79,800	76,700	77,000	61,100	46,700	60,700	39,100	31,600	28,200	15,300	20,500	0	0	0
Proceeds from Issuance of Long-term Debt
211,900	201,900	202,900	103,600	175,600	75,600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	375,000	394,800	234,800	269,800	169,800	0	0	0	-	-	-	-	-	-	-	-	155,000	0	0	0
Changes in Restricted Cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,400	9,400	3,500	8,500	1,800	-4,700	-2,600	-1,800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in Notes Payable
-	-	-	-	-	-	-	-	-	-	-	-	600	-	0	900	400	-2,100	-2,700	0	300	3,700	0	0	0	-	-	-	-	-	-	-	1,100	100	4,600	1,100	-1,200	-900	0	0	0
Repayments of Long-Term Debt
29,800	72,200	102,100	87,400	137,400	95,500	65,500	120,500	165,200	189,600	190,600	152,600	57,400	57,700	129,100	188,900	184,800	160,200	82,200	117,100	116,700	134,500	145,600	33,000	95,800	77,700	68,000	88,300	26,200	25,900	24,400	4,700	3,500	3,100	3,600	2,600	2,600	71,000	0	0	0
Payments to Acquire Additional Interest in Subsidiaries
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,000	6,000	6,000	6,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition-Related Contingent Consideration Payments
0	3,800	3,800	3,800	3,800	0	0	0	4,600	19,700	19,800	19,900	15,400	900	800	700	600	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt Issuance Costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,200	1,900	2,300	1,400	0	0	0	-	-	-	-	-	-	-	-	1,400	0	0	0
Dividends on Common Stock
123,000	121,400	119,800	118,300	116,600	115,000	113,500	112,100	110,500	108,700	107,100	105,500	103,900	102,700	100,900	99,600	98,700	97,900	95,400	91,600	87,600	83,800	80,400	78,700	76,800	75,200	74,100	71,800	70,900	69,100	67,400	66,200	63,600	62,100	62,500	61,400	61,800	60,800	0	0	0
Other Financing Activities
100	-900	-1,100	-800	-1,300	-600	-500	-800	-1,800	-1,600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash from Financing Activities
167,400	109,300	-16,500	-95,600	-66,700	-115,200	-86,700	-93,800	-132,200	-102,100	-102,600	-99,300	-81,000	-135,200	-113,900	48,800	68,900	229,900	341,700	324,500	437,800	404,400	323,500	219,000	188,500	113,700	100,700	232,100	157,300	160,200	144,700	70,300	76,100	55,400	45,100	39,600	24,000	41,400	0	0	0
Change in Cash, Cash Equivalents and Restricted Cash
-286,300	13,500	-6,300	73,800	249,300	-31,100	22,000	36,300	16,400	71,800	-1,400	-9,100	-11,200	-72,400	4,200	31,300	24,900	-48,800	-47,500	-23,000	27,500	48,500	-14,000	-61,400	-32,700	16,500	60,200	136,400	-40,900	-20,300	-30,800	-70,800	65,500	56,200	42,800	34,100	20,200	19,200	0	0	0