2013 Form 10-K Financial Statement

#000006675614000026 Filed on February 14, 2014

View on sec.gov

Income Statement

Concept 2013 2012 Q4 2012 Q3
Revenue $1.018B $256.0M $248.8M
YoY Change 5.95% 7.02% 9.65%
Cost Of Revenue $71.20M
YoY Change
Gross Profit $947.2M
YoY Change
Gross Profit Margin 93.01%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $116.6M $25.80M $25.00M
YoY Change 16.37% 10.73% 10.13%
% of Gross Profit 12.31%
Operating Expenses $267.7M $208.1M $203.2M
YoY Change -32.59% 1.51% 8.09%
Operating Profit $154.1M $47.90M $45.60M
YoY Change -0.71% 40.06% 17.22%
Interest Expense $50.30M -$6.000M $12.30M
YoY Change 10.55% 20.0% 12.84%
% of Operating Profit 32.64% -12.53% 26.97%
Other Income/Expense, Net -$20.70M $1.600M -$5.900M
YoY Change 2.99% 100.0% 3.51%
Pretax Income $133.4M $43.50M $39.70M
YoY Change -1.26% 45.0% 19.58%
Income Tax $28.70M $14.60M $10.30M
% Of Pretax Income 21.51% 33.56% 25.94%
Net Earnings $104.7M $28.90M $29.40M
YoY Change 7.83% 51.31% 43.41%
Net Earnings / Revenue 10.28% 11.29% 11.82%
Basic Earnings Per Share $2.64 $0.76 $0.78
Diluted Earnings Per Share $2.63 $0.75 $0.78
COMMON SHARES
Basic Shares Outstanding 39.70M shares 37.70M shares
Diluted Shares Outstanding 39.80M shares 37.80M shares

Balance Sheet

Concept 2013 2012 Q4 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $97.30M $80.80M $104.3M
YoY Change 20.42% -20.08% -22.8%
Cash & Equivalents $97.30M $80.80M $104.3M
Short-Term Investments
Other Short-Term Assets $54.10M $11.10M $5.600M
YoY Change 61.01% 15.63% -1.75%
Inventory $59.30M $69.80M $76.70M
Prepaid Expenses
Receivables $96.30M $89.00M $73.20M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $307.0M $273.2M $278.0M
YoY Change 12.37% -1.37% -8.19%
LONG-TERM ASSETS
Property, Plant & Equipment $2.665B $2.348B $2.240B
YoY Change 13.52% 18.4% 17.76%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $171.0M $107.3M $105.5M
YoY Change -31.82% 8.49% 7.76%
Other Assets $332.4M $41.50M $40.40M
YoY Change -12.94% 5.87% 14.77%
Total Long-Term Assets $3.170B $2.980B $2.860B
YoY Change 6.36% 14.67% 16.66%
TOTAL ASSETS
Total Short-Term Assets $307.0M $273.2M $278.0M
Total Long-Term Assets $3.170B $2.980B $2.860B
Total Assets $3.477B $3.253B $3.138B
YoY Change 6.87% 13.12% 13.93%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $99.90M $90.50M $57.40M
YoY Change 10.39% 26.04% 30.16%
Accrued Expenses $15.70M $15.60M $14.20M
YoY Change 0.64% 21.88% 9.23%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $300.0K
YoY Change -100.0% -94.64%
Long-Term Debt Due $27.20M $84.50M $67.30M
YoY Change -67.81% 1464.81% 425.78%
Total Short-Term Liabilities $230.2M $283.4M $214.8M
YoY Change -18.77% 73.76% 76.07%
LONG-TERM LIABILITIES
Long-Term Debt $1.083B $933.6M $947.6M
YoY Change 16.0% 8.82% 12.22%
Other Long-Term Liabilities $341.6M $123.3M $109.4M
YoY Change -17.01% 17.32% 7.36%
Total Long-Term Liabilities $1.425B $1.057B $1.057B
YoY Change 5.9% 9.75% 11.7%
TOTAL LIABILITIES
Total Short-Term Liabilities $230.2M $283.4M $214.8M
Total Long-Term Liabilities $1.425B $1.057B $1.057B
Total Liabilities $2.134B $2.052B $1.981B
YoY Change 3.97% 14.23% 16.3%
SHAREHOLDERS EQUITY
Retained Earnings $459.6M $447.6M
YoY Change 6.49% 4.65%
Common Stock $784.7M $759.4M
YoY Change 11.21% 12.22%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.343B $1.201B $1.158B
YoY Change
Total Liabilities & Shareholders Equity $3.477B $3.253B $3.138B
YoY Change 6.87% 13.12% 13.93%

Cashflow Statement

Concept 2013 2012 Q4 2012 Q3
OPERATING ACTIVITIES
Net Income $104.7M $28.90M $29.40M
YoY Change 7.83% 51.31% 43.41%
Depreciation, Depletion And Amortization $116.6M $25.80M $25.00M
YoY Change 16.37% 10.73% 10.13%
Cash From Operating Activities $239.4M $44.10M $67.40M
YoY Change -0.08% -22.08% 22.32%
INVESTING ACTIVITIES
Capital Expenditures $328.5M -$73.90M -$110.1M
YoY Change -19.05% -10.32% 68.87%
Acquisitions $0.00
YoY Change
Other Investing Activities $12.30M -$4.600M -$4.500M
YoY Change 28.13% 27.78% 66.67%
Cash From Investing Activities -$336.6M -$78.50M -$114.6M
YoY Change -19.88% -8.72% 68.78%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $98.20M
YoY Change 27.53%
Debt Paid & Issued, Net $77.70M
YoY Change 200.0%
Cash From Financing Activities $113.7M 10.90M 142.9M
YoY Change -29.03% -336.96% 108.61%
NET CHANGE
Cash From Operating Activities $239.4M 44.10M 67.40M
Cash From Investing Activities -$336.6M -78.50M -114.6M
Cash From Financing Activities $113.7M 10.90M 142.9M
Net Change In Cash $16.50M -23.50M 95.70M
YoY Change -181.28% -30.88% 71.81%
FREE CASH FLOW
Cash From Operating Activities $239.4M $44.10M $67.40M
Capital Expenditures $328.5M -$73.90M -$110.1M
Free Cash Flow -$89.10M $118.0M $177.5M
YoY Change -46.39% -15.11% 47.55%

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CY2011 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.66
CY2012 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.59
CY2012Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.39
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.63
CY2013Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.82
CY2012Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.66
CY2013Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.83
CY2012Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.76
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.36
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.78
CY2011 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.65
CY2012 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.58
CY2013 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.63
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.78
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.35
CY2012Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.66
CY2012Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.39
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.63
CY2013Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.82
CY2013Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.83
CY2012Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.75
CY2012 us-gaap Effective Income Tax Rate Continuing Operations
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0.281
CY2013 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.215
CY2011 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.276
CY2011 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2012 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2013 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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0 USD
CY2011 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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0 USD
CY2012 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
0 USD
CY2013 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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1000000 USD
CY2012 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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900000 USD
CY2011 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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700000 USD
CY2011 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
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7400000 USD
CY2012 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
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7700000 USD
CY2013 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
8400000 USD
CY2013 us-gaap Employee Stock Ownership Plan Esop Debt Structure Employer Loan Description
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In 1990, the ESOP issued a $75.0 million note (term not to exceed 25 years at 10.25 percent) to use as consideration for 2.8 million shares (1.9 million shares adjusted for stock splits) of our newly issued common stock. The note was refinanced in 2006 at 6 percent.
CY2012Q4 us-gaap Employee Stock Ownership Plan Esop Deferred Shares Fair Value
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28700000 USD
CY2013Q4 us-gaap Employee Stock Ownership Plan Esop Deferred Shares Fair Value
EmployeeStockOwnershipPlanESOPDeferredSharesFairValue
24100000 USD
CY2011Q4 us-gaap Employee Stock Ownership Plan Esop Deferred Shares Fair Value
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42000000 USD
CY2011Q4 us-gaap Employee Stock Ownership Plan Esop Number Of Allocated Shares
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2200000 shares
CY2013Q4 us-gaap Employee Stock Ownership Plan Esop Number Of Allocated Shares
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2000000 shares
CY2012Q4 us-gaap Employee Stock Ownership Plan Esop Number Of Allocated Shares
EmployeeStockOwnershipPlanESOPNumberOfAllocatedShares
2200000 shares
CY2012Q4 us-gaap Employee Stock Ownership Plan Esop Number Of Suspense Shares
EmployeeStockOwnershipPlanESOPNumberOfSuspenseShares
700000 shares
CY2011Q4 us-gaap Employee Stock Ownership Plan Esop Number Of Suspense Shares
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1000000 shares
CY2013Q4 us-gaap Employee Stock Ownership Plan Esop Number Of Suspense Shares
EmployeeStockOwnershipPlanESOPNumberOfSuspenseShares
500000 shares
CY2012Q4 us-gaap Employee Stock Ownership Plan Esop Shares In Esop
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2900000 shares
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2500000 shares
CY2011Q4 us-gaap Employee Stock Ownership Plan Esop Shares In Esop
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3200000 shares
CY2012Q4 us-gaap Energy Related Inventory Coal
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28000000 USD
CY2013Q4 us-gaap Energy Related Inventory Coal
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13100000 USD
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CY2011 us-gaap Income Tax Expense Benefit
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CY2013 us-gaap Income Tax Expense Benefit
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28700000 USD
CY2012 us-gaap Income Tax Expense Benefit
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38000000 USD
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15700000 USD
CY2013 us-gaap Equity Method Investment Dividends Or Distributions
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16100000 USD
CY2013Q4 us-gaap Equity Method Investment Ownership Percentage
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0.08
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CY2013Q4 us-gaap Equity Method Investment Summarized Financial Information Assets
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63100000 USD
CY2013Q4 us-gaap Equity Method Investment Summarized Financial Information Current Assets
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80700000 USD
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251500000 USD
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381400000 USD
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1532600000 USD
CY2012Q4 us-gaap Equity Method Investment Summarized Financial Information Equity
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1440500000 USD
CY2012Q4 us-gaap Equity Method Investment Summarized Financial Information Liabilities And Equity
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3337800000 USD
CY2013Q4 us-gaap Equity Method Investment Summarized Financial Information Liabilities And Equity
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3590200000 USD
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223900000 USD
CY2013 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
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247600000 USD
CY2012 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
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237400000 USD
CY2013Q4 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Assets
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3509500000 USD
CY2012Q4 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Assets
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3274700000 USD
CY2011 us-gaap Equity Method Investment Summarized Financial Information Revenue
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567200000 USD
CY2012 us-gaap Equity Method Investment Summarized Financial Information Revenue
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603200000 USD
CY2013 us-gaap Equity Method Investment Summarized Financial Information Revenue
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626300000 USD
CY2013Q4 us-gaap Equity Method Investments
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CY2012Q4 us-gaap Equity Method Investments
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CY2011Q4 us-gaap Equity Method Investments
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98900000 USD
CY2013Q4 us-gaap Escrow Deposit
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5400000 USD
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-900000 USD
CY2012 us-gaap Gain Loss On Sale Of Other Assets
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200000 USD
CY2013 us-gaap Impairment Of Investments
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0 USD
CY2012 us-gaap Impairment Of Investments
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0 USD
CY2011 us-gaap Impairment Of Investments
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1700000 USD
CY2013 us-gaap Impairment Of Real Estate
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0 USD
CY2012 us-gaap Impairment Of Real Estate
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0 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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135100000 USD
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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129200000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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133400000 USD
CY2013 us-gaap Income Loss From Equity Method Investments
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20300000 USD
CY2012 us-gaap Income Loss From Equity Method Investments
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19400000 USD
CY2011 us-gaap Income Loss From Equity Method Investments
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18400000 USD
CY2011 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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-3200000 USD
CY2013 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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CY2012 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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47300000 USD
CY2011 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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45200000 USD
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
46700000 USD
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-1000000 USD
CY2013 us-gaap Income Tax Reconciliation Other Adjustments
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-900000 USD
CY2012 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-700000 USD
CY2011 us-gaap Income Tax Reconciliation State And Local Income Taxes
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6000000 USD
CY2012 us-gaap Income Tax Reconciliation State And Local Income Taxes
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1200000 USD
CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
4300000 USD
CY2011 us-gaap Income Tax Reconciliation Tax Credits
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4300000 USD
CY2013 us-gaap Income Tax Reconciliation Tax Credits
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19200000 USD
CY2012 us-gaap Income Tax Reconciliation Tax Credits
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7600000 USD
CY2013 us-gaap Income Taxes Paid Net
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500000 USD
CY2012 us-gaap Income Taxes Paid Net
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0 USD
CY2011 us-gaap Income Taxes Paid Net
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CY2012Q4 us-gaap Income Taxes Receivable
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2200000 USD
CY2013Q4 us-gaap Income Taxes Receivable
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0 USD
CY2013 us-gaap Increase Decrease In Accounts And Other Receivables
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CY2011 us-gaap Increase Decrease In Accounts And Other Receivables
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18600000 USD
CY2012 us-gaap Increase Decrease In Accounts And Other Receivables
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-10100000 USD
CY2012 us-gaap Increase Decrease In Accounts Payable
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-1500000 USD
CY2011 us-gaap Increase Decrease In Accounts Payable
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-9500000 USD
CY2013 us-gaap Increase Decrease In Accounts Payable
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1100000 USD
CY2013 us-gaap Increase Decrease In Allowance For Equity Funds Used During Construction
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4600000 USD
CY2011 us-gaap Increase Decrease In Allowance For Equity Funds Used During Construction
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2500000 USD
CY2012 us-gaap Increase Decrease In Allowance For Equity Funds Used During Construction
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5100000 USD
CY2013 us-gaap Increase Decrease In Inventories
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10500000 USD
CY2012 us-gaap Increase Decrease In Inventories
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1400000 USD
CY2011 us-gaap Increase Decrease In Other Current Liabilities
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15400000 USD
CY2012 us-gaap Increase Decrease In Other Current Liabilities
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21800000 USD
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CY2011 us-gaap Increase Decrease In Other Noncurrent Assets
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CY2012 us-gaap Increase Decrease In Other Noncurrent Liabilities
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800000 USD
CY2011 us-gaap Increase Decrease In Other Noncurrent Liabilities
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7900000 USD
CY2013 us-gaap Increase Decrease In Pension And Postretirement Obligations
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CY2012 us-gaap Increase Decrease In Pension And Postretirement Obligations
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CY2011 us-gaap Increase Decrease In Pension And Postretirement Obligations
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CY2011 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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1500000 USD
CY2012 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2013 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2011 us-gaap Increase Decrease In Restricted Cash
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CY2013 us-gaap Increase Decrease In Restricted Cash
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5400000 USD
CY2012 us-gaap Increase Decrease In Restricted Cash
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CY2011 us-gaap Interest Expense
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CY2013 us-gaap Interest Expense
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42700000 USD
CY2013 us-gaap Interest Paid Net
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47500000 USD
CY2011 us-gaap Interest Paid Net
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43200000 USD
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CY2013Q4 us-gaap Interest Payable Current
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15700000 USD
CY2012Q4 us-gaap Inventory Net
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CY2013Q4 us-gaap Inventory Net
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59300000 USD
CY2012Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
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41800000 USD
CY2013Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
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46200000 USD
CY2013Q4 us-gaap Jointly Owned Utility Plant Gross Ownership Amount Of Plant In Service
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CY2013Q4 us-gaap Jointly Owned Utility Plant Ownership Amount Of Construction Work In Progress
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129200000 USD
CY2013Q4 us-gaap Jointly Owned Utility Plant Ownership Amount Of Plant Accumulated Depreciation
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198500000 USD
CY2013Q4 us-gaap Land Available For Sale
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CY2012Q4 us-gaap Land Available For Sale
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86000000 USD
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13800000 USD
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9400000 USD
CY2012 us-gaap Lease And Rental Expense
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11500000 USD
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CY2012Q4 us-gaap Liabilities
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2052400000 USD
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3253400000 USD
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864200000 USD
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1700000 USD
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29400000 USD
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24400000 USD
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CY2013 us-gaap Net Income Loss Attributable To Parent Diluted
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104700000 USD
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93800000 USD
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97100000 USD
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1400000 USD
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1400000 USD
CY2011 us-gaap Operating Income Loss
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CY2012 us-gaap Operating Income Loss
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155200000 USD
CY2013 us-gaap Operating Income Loss
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154100000 USD
CY2013Q4 us-gaap Operating Income Loss
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44400000 USD
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45600000 USD
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CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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9500000 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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33800000 USD
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45400000 USD
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45400000 USD
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12100000 USD
CY2012Q4 us-gaap Other Assets Current
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11100000 USD
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68600000 USD
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41500000 USD
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800000 USD
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0 USD
CY2011 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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CY2012 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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1200000 USD
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4600000 USD
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4900000 USD
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CY2012 us-gaap Other Comprehensive Income Loss Net Of Tax
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6900000 USD
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5100000 USD
CY2013 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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CY2012 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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3900000 USD
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3300000 USD
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3100000 USD
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0 USD
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100000 USD
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0 USD
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1200000 USD
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1200000 USD
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800000 USD
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0 USD
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OtherIncome
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4500000 USD
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52600000 USD
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127200000 USD
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6000000 USD
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4400000 USD
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12300000 USD
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9600000 USD
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0 USD
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1300000 USD
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1400000 USD
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75200000 USD
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69100000 USD
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4700000 USD
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PaymentsToAcquireAvailableForSaleSecurities
1800000 USD
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2300000 USD
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1200000 USD
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4700000 USD
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2000000 USD
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3100000 USD
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4700000 USD
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239200000 USD
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328500000 USD
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405800000 USD
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27500000 USD
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228200000 USD
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133400000 USD
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35100000 USD
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180600000 USD
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100000 USD
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1500000 USD
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7800000 USD
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2200000 USD
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1300000 USD
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300000 USD
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11400000 USD
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246800000 USD
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339500000 USD
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1300000 USD
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1200000 USD
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1000000 USD
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1500000 USD
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200000 USD
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300000 USD
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3100000 USD
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41.71
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43.17
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500000 USD
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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300000 USD
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2200000 USD
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0 shares
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
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CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
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0 shares
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
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0.00
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0.00
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0.00
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200000 USD
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7700000 USD
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100500000 USD
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17400000 USD
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21300000 USD
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2700000 USD
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11400000 USD
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8700000 USD
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900000 USD
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2012 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
2900000 USD
CY2011 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2013 us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
0 USD
CY2011 us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
0 USD
CY2012 us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
0 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
100000 USD
CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
0 USD
CY2011 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
0 USD
CY2011 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
1300000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
500000 USD
CY2011Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
1100000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
500000 USD
CY2011 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
400000 USD
CY2013 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
0 USD
CY2012 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
-600000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
200000 USD
CY2013 us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
864300000 USD
CY2012 us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
806000000 USD
CY2011 us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
778200000 USD
CY2013 us-gaap Utilities Operating Expense Depreciation And Amortization
UtilitiesOperatingExpenseDepreciationAndAmortization
116600000 USD
CY2012 us-gaap Utilities Operating Expense Depreciation And Amortization
UtilitiesOperatingExpenseDepreciationAndAmortization
100200000 USD
CY2011 us-gaap Utilities Operating Expense Depreciation And Amortization
UtilitiesOperatingExpenseDepreciationAndAmortization
90400000 USD
CY2012 us-gaap Utilities Operating Expense Maintenance And Operations
UtilitiesOperatingExpenseMaintenanceAndOperations
397100000 USD
CY2011 us-gaap Utilities Operating Expense Maintenance And Operations
UtilitiesOperatingExpenseMaintenanceAndOperations
381200000 USD
CY2013 us-gaap Utilities Operating Expense Maintenance And Operations
UtilitiesOperatingExpenseMaintenanceAndOperations
412900000 USD
CY2012 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2013 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
100000 shares
CY2011 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
100000 shares
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39800000 shares
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37600000 shares
CY2011 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35400000 shares
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37600000 shares
CY2011 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35300000 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39700000 shares
CY2012 ale Ale Real Estate Other Additions
ALERealEstateOtherAdditions
700000 USD
CY2013 ale Ale Real Estate Other Additions
ALERealEstateOtherAdditions
400000 USD
CY2012Q4 ale Accounts Receivable Current Net Net Of Income Taxes Receivable
AccountsReceivableCurrentNetNetOfIncomeTaxesReceivable
86800000 USD
CY2013Q4 ale Accounts Receivable Current Net Net Of Income Taxes Receivable
AccountsReceivableCurrentNetNetOfIncomeTaxesReceivable
96300000 USD
CY2013Q4 ale Availableforsale Securities Debt Maturities After Five Years Fair Value
AvailableforsaleSecuritiesDebtMaturitiesAfterFiveYearsFairValue
2500000 USD
CY2013Q4 ale Availableforsale Securities Debt Maturities After One Year Through Three Years Fair Value
AvailableforsaleSecuritiesDebtMaturitiesAfterOneYearThroughThreeYearsFairValue
4700000 USD
CY2013Q4 ale Availableforsale Securities Debt Maturities After Three Years Through Five Years Fair Value
AvailableforsaleSecuritiesDebtMaturitiesAfterThreeYearsThroughFiveYearsFairValue
2000000 USD
CY2013Q4 ale Debt Instrument Actual Indebtedness To Total Capital Ratio
DebtInstrumentActualIndebtednessToTotalCapitalRatio
0.45
CY2013Q4 ale Debt Instrument Required Indebtedness To Total Capital Ratio
DebtInstrumentRequiredIndebtednessToTotalCapitalRatio
0.65
CY2012Q4 ale Deferred Tax Liabilty Partnership Basis Differences
DeferredTaxLiabiltyPartnershipBasisDifferences
28600000 USD
CY2013Q4 ale Deferred Tax Liabilty Partnership Basis Differences
DeferredTaxLiabiltyPartnershipBasisDifferences
36700000 USD
CY2013 ale Defined Contribution Plan Employer Matching Contribution Amount
DefinedContributionPlanEmployerMatchingContributionAmount
8400000 USD
CY2012 ale Defined Contribution Plan Employer Matching Contribution Amount
DefinedContributionPlanEmployerMatchingContributionAmount
7700000 USD
CY2013 ale Effective Income Tax Rate Reconciliation Regulatory Differences
EffectiveIncomeTaxRateReconciliationRegulatoryDifferences
-2200000 USD
CY2012 ale Effective Income Tax Rate Reconciliation Regulatory Differences
EffectiveIncomeTaxRateReconciliationRegulatoryDifferences
-2200000 USD
CY2011 ale Effective Income Tax Rate Reconciliation Regulatory Differences
EffectiveIncomeTaxRateReconciliationRegulatoryDifferences
-1200000 USD
CY2013Q4 ale Equity Method Investment Approved Return On Common Equity
EquityMethodInvestmentApprovedReturnOnCommonEquity
0.122
CY2013Q4 ale Equity Method Investment Summarized Financial Information Long Term Debt
EquityMethodInvestmentSummarizedFinancialInformationLongTermDebt
1550000000 USD
CY2012Q4 ale Equity Method Investment Summarized Financial Information Long Term Debt
EquityMethodInvestmentSummarizedFinancialInformationLongTermDebt
1550000000 USD
CY2012 ale Equity Method Investment Summarized Financial Information Operating Expense
EquityMethodInvestmentSummarizedFinancialInformationOperatingExpense
281000000 USD
CY2013 ale Equity Method Investment Summarized Financial Information Operating Expense
EquityMethodInvestmentSummarizedFinancialInformationOperatingExpense
295100000 USD
CY2011 ale Equity Method Investment Summarized Financial Information Operating Expense
EquityMethodInvestmentSummarizedFinancialInformationOperatingExpense
261600000 USD
CY2011 ale Equity Method Investment Summarized Financial Information Other Expense
EquityMethodInvestmentSummarizedFinancialInformationOtherExpense
81700000 USD
CY2013 ale Equity Method Investment Summarized Financial Information Other Expense
EquityMethodInvestmentSummarizedFinancialInformationOtherExpense
83600000 USD
CY2012 ale Equity Method Investment Summarized Financial Information Other Expense
EquityMethodInvestmentSummarizedFinancialInformationOtherExpense
84800000 USD
CY2013Q4 ale Equity Method Investment Summarized Financial Information Other Non Current Liabilities
EquityMethodInvestmentSummarizedFinancialInformationOtherNonCurrentLiabilities
126200000 USD
CY2012Q4 ale Equity Method Investment Summarized Financial Information Other Non Current Liabilities
EquityMethodInvestmentSummarizedFinancialInformationOtherNonCurrentLiabilities
95800000 USD
CY2013Q4 ale Equity Method Investment Total Expected Investmentfor Current Year
EquityMethodInvestmentTotalExpectedInvestmentforCurrentYear
5800000 USD
CY2013Q4 ale Expected Proceedsfrom Future Issuanceof First Mortgage Bonds
ExpectedProceedsfromFutureIssuanceofFirstMortgageBonds
215000000 USD
CY2013 ale Fair Value Activity In Level3
FairValueActivityInLevel3
0 USD
CY2012 ale Fair Value Activity In Level3
FairValueActivityInLevel3
0 USD
CY2013 ale Fair Value Hierarchy Transfers All Levels
FairValueHierarchyTransfersAllLevels
0 USD
CY2012 ale Fair Value Hierarchy Transfers All Levels
FairValueHierarchyTransfersAllLevels
0 USD
CY2013 ale Gain Loss On Real Estate Foreclosure
GainLossOnRealEstateForeclosure
0 USD
CY2012 ale Gain Loss On Real Estate Foreclosure
GainLossOnRealEstateForeclosure
0 USD
CY2011 ale Gain Loss On Real Estate Foreclosure
GainLossOnRealEstateForeclosure
-500000 USD
CY2012Q4 ale Investments Cash And Cash Equivalents Fair Value Disclosure
InvestmentsCashAndCashEquivalentsFairValueDisclosure
20700000 USD
CY2013Q4 ale Investments Cash And Cash Equivalents Fair Value Disclosure
InvestmentsCashAndCashEquivalentsFairValueDisclosure
34200000 USD
CY2013 ale Morelikelythannotdefined
Morelikelythannotdefined
0.50
CY2013 ale Real Estate Sales Revenue Recognition Minimum Contract Price Cash Collections Requirement
RealEstateSalesRevenueRecognitionMinimumContractPriceCashCollectionsRequirement
0.20
CY2011Q3 ale Stock Issued During Period Shares Purchase Of Non Controlling Interest
StockIssuedDuringPeriodSharesPurchaseOfNonControllingInterest
200000 shares
CY2013 dei Amendment Flag
AmendmentFlag
false
CY2013 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2013 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2013 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
CY2013 dei Document Period End Date
DocumentPeriodEndDate
2013-12-31
CY2013 dei Document Type
DocumentType
10-K
CY2013 dei Entity Central Index Key
EntityCentralIndexKey
0000066756
CY2014Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
41817714 shares
CY2013 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2013 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2013Q2 dei Entity Public Float
EntityPublicFloat
1989608714 USD
CY2013 dei Entity Registrant Name
EntityRegistrantName
ALLETE INC
CY2013 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2013 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes

Files In Submission

Name View Source Status
0000066756-14-000026-index-headers.html Edgar Link pending
0000066756-14-000026-index.html Edgar Link pending
0000066756-14-000026.txt Edgar Link pending
0000066756-14-000026-xbrl.zip Edgar Link pending
ale-20131231.xml Edgar Link completed
ale-20131231.xsd Edgar Link pending
ale-20131231_cal.xml Edgar Link unprocessable
ale-20131231_def.xml Edgar Link unprocessable
ale-20131231_lab.xml Edgar Link unprocessable
ale-20131231_pre.xml Edgar Link unprocessable
ale12312013-10k.htm Edgar Link pending
exhibit1-12x31x2013.htm Edgar Link pending
exhibit10e612-31x2013.htm Edgar Link pending
exhibit10j1412-31x2013.htm Edgar Link pending
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