XML 60 R128.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidating Financial Information (Details 2) (USD $)
In Millions, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2010
Sep. 30, 2010
Jun. 30, 2010
Mar. 31, 2010
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Revenues                      
Premiums and other considerations                 $ 2,891.0 $ 3,555.5 $ 3,750.6
Fees and other revenues                 2,565.1 2,298.1 2,096.0
Net investment income (loss)                 3,375.8 3,496.5 3,400.8
Net realized capital gains (losses), excluding impairment losses on available-for-sale securities                 75.0 48.7 54.9
Total other-than-temporary impairment losses on available-for-sale securities                 (147.6) (296.3) (714.1)
Other-than-temporary impairment losses on fixed maturities, available-for-sale reclassified to (from) other comprehensive income                 (49.7) 56.1 260.9
Net impairment losses on available-for-sale securities                 (197.3) (240.2) (453.2)
Net realized capital gains (losses)                 (122.3) (191.5) (398.3)
Total revenues 2,059.0 2,088.8 2,342.0 2,219.8 2,372.5 2,288.5 2,233.6 2,264.0 8,709.6 9,158.6 8,849.1
Expenses                      
Benefits, claims and settlement expenses                 4,454.1 5,338.4 5,334.5
Dividends to policyholders                 210.2 219.9 242.2
Operating expenses                 3,057.7 2,759.0 2,526.6
Total expenses 1,865.4 1,950.6 1,969.7 1,936.3 2,108.8 2,125.0 2,075.8 2,007.7 7,722.0 8,317.3 8,103.3
Income (loss) before income taxes                 987.6 841.3 745.8
Income taxes (benefits)                 236.4 124.1 100.1
Net income (loss) 171.9 66.3 289.9 223.1 218.1 151.3 144.2 203.6 751.2 717.2 645.7
Net income (loss) attributable to noncontrolling interest                 36.2 17.9 23.0
Net income (loss) attributable to Principal Financial Group, Inc.                 715.0 699.3 622.7
Preferred stock dividends                 33.0 33.0 33.0
Net income (loss) available to common stockholders 164.0 63.7 258.0 196.3 199.3 142.2 134.0 190.8 682.0 666.3 589.7
Principal Financial Group, Inc. Parent Only
                     
Revenues                      
Fees and other revenues                 0.2 0.1  
Net investment income (loss)                 (12.0) 33.2 3.6
Net realized capital gains (losses), excluding impairment losses on available-for-sale securities                   0.7 0.1
Net realized capital gains (losses)                   0.7 0.1
Total revenues                 (11.8) 34.0 3.7
Expenses                      
Operating expenses                 116.0 117.0 90.8
Total expenses                 116.0 117.0 90.8
Income (loss) before income taxes                 (127.8) (83.0) (87.1)
Income taxes (benefits)                 (50.4) (31.6) (34.7)
Equity in the net income (loss) of subsidiaries                 792.4 750.7 675.1
Net income (loss)                 715.0 699.3 622.7
Net income (loss) attributable to Principal Financial Group, Inc.                 715.0 699.3 622.7
Preferred stock dividends                 33.0 33.0 33.0
Net income (loss) available to common stockholders                 682.0 666.3 589.7
Principal Life Insurance Company Only
                     
Revenues                      
Premiums and other considerations                 2,579.6 3,260.2 3,479.9
Fees and other revenues                 1,605.1 1,444.0 1,351.7
Net investment income (loss)                 2,578.8 2,800.9 2,931.0
Net realized capital gains (losses), excluding impairment losses on available-for-sale securities                 442.8 160.2 (436.6)
Total other-than-temporary impairment losses on available-for-sale securities                 (130.6) (284.7) (703.3)
Other-than-temporary impairment losses on fixed maturities, available-for-sale reclassified to (from) other comprehensive income                 (51.5) 51.6 256.8
Net impairment losses on available-for-sale securities                 (182.1) (233.1) (446.5)
Net realized capital gains (losses)                 260.7 (72.9) (883.1)
Total revenues                 7,024.2 7,432.2 6,879.5
Expenses                      
Benefits, claims and settlement expenses                 3,850.5 4,834.9 5,007.6
Dividends to policyholders                 210.2 219.9 242.2
Operating expenses                 2,077.9 1,845.5 1,665.3
Total expenses                 6,138.6 6,900.3 6,915.1
Income (loss) before income taxes                 885.6 531.9 (35.6)
Income taxes (benefits)                 297.7 119.1 (72.7)
Equity in the net income (loss) of subsidiaries                 7.2 72.5 466.7
Net income (loss)                 595.1 485.3 503.8
Net income (loss) attributable to Principal Financial Group, Inc.                 595.1 485.3 503.8
Net income (loss) available to common stockholders                 595.1 485.3 503.8
Principal Financial Services, Inc. and Other Subsidiaries Combined
                     
Revenues                      
Premiums and other considerations                 311.4 295.3 270.7
Fees and other revenues                 1,257.6 1,139.1 1,023.7
Net investment income (loss)                 763.8 629.0 405.7
Net realized capital gains (losses), excluding impairment losses on available-for-sale securities                 (388.7) (111.9) 581.2
Total other-than-temporary impairment losses on available-for-sale securities                 (17.0) (11.6) (10.8)
Other-than-temporary impairment losses on fixed maturities, available-for-sale reclassified to (from) other comprehensive income                 1.8 4.5 4.1
Net impairment losses on available-for-sale securities                 (15.2) (7.1) (6.7)
Net realized capital gains (losses)                 (403.9) (119.0) 574.5
Total revenues                 1,928.9 1,944.4 2,274.6
Expenses                      
Benefits, claims and settlement expenses                 616.9 520.6 343.5
Operating expenses                 1,116.6 1,034.6 997.2
Total expenses                 1,733.5 1,555.2 1,340.7
Income (loss) before income taxes                 195.4 389.2 933.9
Income taxes (benefits)                 (11.1) 36.6 206.9
Equity in the net income (loss) of subsidiaries                 622.3 416.2 (28.7)
Net income (loss)                 828.8 768.8 698.3
Net income (loss) attributable to noncontrolling interest                 36.4 18.1 23.2
Net income (loss) attributable to Principal Financial Group, Inc.                 792.4 750.7 675.1
Net income (loss) available to common stockholders                 792.4 750.7 675.1
Eliminations, Notes Guarantor
                     
Revenues                      
Fees and other revenues                 (297.8) (285.1) (279.4)
Net investment income (loss)                 45.2 33.4 60.5
Net realized capital gains (losses), excluding impairment losses on available-for-sale securities                 20.9 (0.3) (89.8)
Net realized capital gains (losses)                 20.9 (0.3) (89.8)
Total revenues                 (231.7) (252.0) (308.7)
Expenses                      
Benefits, claims and settlement expenses                 (13.3) (17.1) (16.6)
Operating expenses                 (252.8) (238.1) (226.7)
Total expenses                 (266.1) (255.2) (243.3)
Income (loss) before income taxes                 34.4 3.2 (65.4)
Income taxes (benefits)                 0.2   0.6
Equity in the net income (loss) of subsidiaries                 (1,421.9) (1,239.4) (1,113.1)
Net income (loss)                 (1,387.7) (1,236.2) (1,179.1)
Net income (loss) attributable to noncontrolling interest                 (0.2) (0.2) (0.2)
Net income (loss) attributable to Principal Financial Group, Inc.                 (1,387.5) (1,236.0) (1,178.9)
Net income (loss) available to common stockholders                 $ (1,387.5) $ (1,236.0) $ (1,178.9)