XML 31 R127.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidating Financial Information (Details) (USD $)
In Millions, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Dec. 31, 2008
Assets        
Fixed maturities, available-for-sale $ 49,006.7 $ 48,636.3    
Fixed maturities, trading 971.7 1,120.3    
Equity securities, available-for-sale 77.1 169.9    
Equity securities, trading 404.8 316.9    
Mortgage loans 10,727.2 11,125.1    
Real estate 1,092.9 1,063.5    
Policy loans 885.1 903.9    
Investment in unconsolidated entities 829.5 736.0    
Other investments 2,158.5 1,905.6    
Cash and cash equivalents 2,833.9 1,877.4 2,240.4 2,608.0
Accrued investment income 615.2 666.1    
Premiums due and other receivables 1,245.2 1,063.0    
Deferred policy acquisition costs 3,313.5 3,529.8 3,681.4 4,153.0
Property and equipment 457.2 458.7    
Goodwill 482.3 345.4 386.4  
Other intangibles 890.6 834.6    
Separate account assets 71,364.4 69,555.3    
Other assets 942.2 1,323.3    
Total assets 148,298.0 145,631.1    
Liabilities        
Contractholder funds 37,676.4 37,301.1    
Future policy benefits and claims 20,207.9 20,046.3    
Other policyholder funds 543.7 592.2    
Short-term debt 105.2 107.9    
Long-term debt 1,564.8 1,583.7    
Income taxes currently payable 3.1 6.2    
Deferred income taxes 533.4 409.9    
Separate account liabilities 71,364.4 69,555.3    
Other liabilities 6,286.1 6,143.5    
Total liabilities 138,285.0 135,746.1    
Stockholders' equity        
Common stock 4.5 4.5    
Additional paid-in capital 9,634.7 9,563.8    
Retained earnings (deficit) 5,077.5 4,612.3    
Accumulated other comprehensive income (loss) 201.9 272.4    
Treasury stock, at cost (149.2 million and 128.1 million shares in 2011 and 2010) (5,281.7) (4,725.3)    
Total stockholders' equity attributable to Principal Financial Group, Inc. 9,637.0 9,727.8    
Noncontrolling interest 376.0 157.2    
Total stockholders' equity 10,013.0 9,885.0 8,016.4 2,569.3
Total liabilities and stockholders' equity 148,298.0 145,631.1    
Principal Financial Group, Inc. Parent Only
       
Assets        
Fixed maturities, available-for-sale   199.9    
Fixed maturities, trading 268.7 274.9    
Investment in unconsolidated entities 10,447.1 10,195.1    
Other investments 7.0 5.6    
Cash and cash equivalents 226.7 370.9 304.6 (2.0)
Accrued investment income 1.8 0.8    
Other assets 14.8 13.6    
Total assets 10,966.1 11,060.8    
Liabilities        
Long-term debt 1,351.7 1,351.7    
Income taxes currently payable (18.6) (18.8)    
Deferred income taxes (22.5) (21.6)    
Other liabilities 18.5 21.7    
Total liabilities 1,329.1 1,333.0    
Stockholders' equity        
Common stock 4.5 4.5    
Additional paid-in capital 9,634.7 9,563.8    
Retained earnings (deficit) 5,077.5 4,612.3    
Accumulated other comprehensive income (loss) 201.9 272.4    
Treasury stock, at cost (149.2 million and 128.1 million shares in 2011 and 2010) (5,281.7) (4,725.3)    
Total stockholders' equity attributable to Principal Financial Group, Inc. 9,637.0 9,727.8    
Total stockholders' equity 9,637.0 9,727.8    
Total liabilities and stockholders' equity 10,966.1 11,060.8    
Principal Life Insurance Company Only
       
Assets        
Fixed maturities, available-for-sale 43,285.3 42,478.2    
Fixed maturities, trading 374.8 475.8    
Equity securities, available-for-sale 73.4 165.8    
Equity securities, trading 0.3 0.3    
Mortgage loans 9,271.5 9,466.9    
Real estate 9.2 9.6    
Policy loans 859.3 878.3    
Investment in unconsolidated entities 3,116.1 3,433.6    
Other investments 2,559.0 1,603.8    
Cash and cash equivalents 1,344.5 699.8 1,249.2 1,598.6
Accrued investment income 551.1 607.4    
Premiums due and other receivables 1,017.8 862.6    
Deferred policy acquisition costs 3,034.5 3,258.7    
Property and equipment 395.9 389.6    
Goodwill 54.3 54.3    
Other intangibles 29.2 30.5    
Separate account assets 61,615.1 62,738.4    
Other assets 668.9 716.0    
Total assets 128,260.2 127,869.6    
Liabilities        
Contractholder funds 37,356.8 37,353.3    
Future policy benefits and claims 16,370.8 16,082.5    
Other policyholder funds 514.8 569.2    
Long-term debt 99.4 99.5    
Income taxes currently payable (218.4) (188.0)    
Deferred income taxes 403.3 134.8    
Separate account liabilities 61,615.1 62,738.4    
Other liabilities 4,293.8 3,264.6    
Total liabilities 120,435.6 120,054.3    
Stockholders' equity        
Common stock 2.5 2.5    
Additional paid-in capital 5,718.1 6,145.0    
Retained earnings (deficit) 1,826.0 1,472.4    
Accumulated other comprehensive income (loss) 278.0 195.4    
Total stockholders' equity attributable to Principal Financial Group, Inc. 7,824.6 7,815.3    
Total stockholders' equity 7,824.6 7,815.3    
Total liabilities and stockholders' equity 128,260.2 127,869.6    
Principal Financial Services, Inc. and Other Subsidiaries Combined
       
Assets        
Fixed maturities, available-for-sale 6,082.4 6,381.9    
Fixed maturities, trading 328.2 369.6    
Equity securities, available-for-sale 3.7 4.1    
Equity securities, trading 404.5 316.6    
Mortgage loans 1,831.8 2,072.3    
Real estate 1,084.9 1,055.6    
Policy loans 25.8 25.6    
Investment in unconsolidated entities 5,300.5 4,841.9    
Other investments 925.3 769.0    
Cash and cash equivalents 1,277.6 719.9 713.0 1,192.3
Accrued investment income 66.6 62.5    
Premiums due and other receivables 827.7 405.4    
Deferred policy acquisition costs 279.0 271.1    
Property and equipment 61.3 69.1    
Goodwill 428.0 291.1    
Other intangibles 861.4 804.1    
Separate account assets 9,749.3 6,816.9    
Other assets 994.6 1,146.3    
Total assets 30,532.6 26,423.0    
Liabilities        
Contractholder funds 586.7 208.9    
Future policy benefits and claims 3,937.9 4,013.3    
Other policyholder funds 29.0 23.0    
Short-term debt 105.2 107.9    
Long-term debt 504.8 581.0    
Income taxes currently payable 34.3 28.5    
Deferred income taxes 167.2 309.8    
Separate account liabilities 9,749.3 6,816.9    
Other liabilities 4,590.8 3,977.1    
Total liabilities 19,705.2 16,066.4    
Stockholders' equity        
Additional paid-in capital 7,870.2 8,334.0    
Retained earnings (deficit) 2,335.6 1,546.3    
Accumulated other comprehensive income (loss) 241.3 314.8    
Total stockholders' equity attributable to Principal Financial Group, Inc. 10,447.1 10,195.1    
Noncontrolling interest 380.3 161.5    
Total stockholders' equity 10,827.4 10,356.6    
Total liabilities and stockholders' equity 30,532.6 26,423.0    
Eliminations, Notes Guarantor
       
Assets        
Fixed maturities, available-for-sale (361.0) (423.7)    
Mortgage loans (376.1) (414.1)    
Real estate (1.2) (1.7)    
Investment in unconsolidated entities (18,034.2) (17,734.6)    
Other investments (1,332.8) (472.8)    
Cash and cash equivalents (14.9) 86.8 (26.4) (180.9)
Accrued investment income (4.3) (4.6)    
Premiums due and other receivables (600.3) (205.0)    
Other assets (736.1) (552.6)    
Total assets (21,460.9) (19,722.3)    
Liabilities        
Contractholder funds (267.1) (261.1)    
Future policy benefits and claims (100.8) (49.5)    
Other policyholder funds (0.1)      
Long-term debt (391.1) (448.5)    
Income taxes currently payable 205.8 184.5    
Deferred income taxes (14.6) (13.1)    
Other liabilities (2,617.0) (1,119.9)    
Total liabilities (3,184.9) (1,707.6)    
Stockholders' equity        
Common stock (2.5) (2.5)    
Additional paid-in capital (13,588.3) (14,479.0)    
Retained earnings (deficit) (4,161.6) (3,018.7)    
Accumulated other comprehensive income (loss) (519.3) (510.2)    
Total stockholders' equity attributable to Principal Financial Group, Inc. (18,271.7) (18,010.4)    
Noncontrolling interest (4.3) (4.3)    
Total stockholders' equity (18,276.0) (18,014.7)    
Total liabilities and stockholders' equity (21,460.9) (19,722.3)    
Series A
       
Stockholders' equity        
Preferred stock, value          
Series B
       
Stockholders' equity        
Preferred stock, value 0.1 0.1    
Series B | Principal Financial Group, Inc. Parent Only
       
Stockholders' equity        
Preferred stock, value $ 0.1 $ 0.1