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Condensed Consolidating Financial Information (Details 3) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Operating activities      
Net cash provided by (used in) operating activities $ 2,713.3 $ 2,791.7 $ 2,243.0
Investing activities      
Available-for-sale securities: Purchases (6,742.4) (7,187.9) (7,933.3)
Available-for-sale securities: Sales 980.7 1,684.6 3,439.8
Available-for-sale securities: Maturities 5,760.8 5,161.3 4,568.1
Mortgage loans acquired or originated (1,484.9) (1,272.0) (586.5)
Mortgage loans sold or repaid 1,793.1 1,798.0 1,704.4
Real estate acquired (129.9) (53.8) (62.2)
Net (purchases) sales of property and equipment (56.9) (21.5) (26.2)
Purchases of interest in subsidiaries, net of cash acquired (270.5)   (45.7)
Net change in other investments (52.1) (81.2) (31.6)
Net cash provided by (used in) investing activities (202.1) 27.5 1,026.8
Financing activities      
Issuance of common stock 25.9 20.6 1,123.0
Acquisition of treasury stock (556.4) (2.6) (4.1)
Proceeds from financing element derivatives 75.9 79.3 122.0
Payments for financing element derivatives (46.5) (46.5) (67.4)
Excess tax benefits from share-based payment arrangements 2.0 1.0 0.2
Dividends to common stockholders (213.7) (176.2) (159.5)
Dividends to preferred stockholders (33.0) (33.0) (33.0)
Issuance of long-term debt   2.3 745.1
Principal repayments of long-term debt (12.2) (11.1) (468.2)
Net proceeds from (repayments of) short-term borrowings 3.2 1.7 (405.1)
Investment contract deposits 6,302.1 4,283.8 4,224.1
Investment contract withdrawals (7,079.0) (7,343.4) (8,752.7)
Net increase (decrease) in banking operation deposits (18.5) 46.2 43.9
Other (4.5) (4.3) (5.7)
Net cash provided by (used in) financing activities (1,554.7) (3,182.2) (3,637.4)
Net increase (decrease) in cash and cash equivalents 956.5 (363.0) (367.6)
Cash and cash equivalents at beginning of period 1,877.4 2,240.4 2,608.0
Cash and cash equivalents at end of period 2,833.9 1,877.4 2,240.4
Principal Financial Group, Inc. Parent Only
     
Operating activities      
Net cash provided by (used in) operating activities (73.3) 29.3 (442.6)
Investing activities      
Available-for-sale securities: Purchases (4.4) (286.8) (187.6)
Available-for-sale securities: Sales 200.0 95.5 4.0
Available-for-sale securities: Maturities 4.4 117.9 57.1
Net (purchases) sales of property and equipment     (0.1)
Dividends and returns of capital received from (contributions to) unconsolidated entities 506.5 301.8 (795.9)
Net change in other investments (0.2) (0.2) 0.2
Net cash provided by (used in) investing activities 706.3 228.2 (922.3)
Financing activities      
Issuance of common stock 25.9 20.6 1,123.0
Acquisition of treasury stock (556.4) (2.6) (4.1)
Dividends to common stockholders (213.7) (176.2) (159.5)
Dividends to preferred stockholders (33.0) (33.0) (33.0)
Issuance of long-term debt     745.1
Net cash provided by (used in) financing activities (777.2) (191.2) 1,671.5
Net increase (decrease) in cash and cash equivalents (144.2) 66.3 306.6
Cash and cash equivalents at beginning of period 370.9 304.6 (2.0)
Cash and cash equivalents at end of period 226.7 370.9 304.6
Principal Life Insurance Company Only
     
Operating activities      
Net cash provided by (used in) operating activities 2,495.5 2,374.5 2,616.9
Investing activities      
Available-for-sale securities: Purchases (6,047.2) (5,631.7) (6,537.4)
Available-for-sale securities: Sales 689.5 1,240.8 3,002.0
Available-for-sale securities: Maturities 5,037.0 4,390.7 3,944.6
Mortgage loans acquired or originated (1,372.7) (1,209.4) (507.3)
Mortgage loans sold or repaid 1,548.6 1,624.1 1,449.3
Real estate acquired (0.3) (0.2)  
Net (purchases) sales of property and equipment (46.7) (4.3) (11.1)
Dividends and returns of capital received from (contributions to) unconsolidated entities 327.9 229.1 (29.6)
Net change in other investments (48.1) (46.8) 55.8
Net cash provided by (used in) investing activities 88.0 592.3 1,366.3
Financing activities      
Proceeds from financing element derivatives 75.9 79.3 122.0
Payments for financing element derivatives (46.5) (46.5) (67.4)
Excess tax benefits from share-based payment arrangements 0.8 0.4 0.1
Capital received from (dividends and capital paid to) parent (756.5) (301.8) 150.9
Investment contract deposits 5,868.7 4,100.0 4,220.2
Investment contract withdrawals (7,076.7) (7,343.3) (8,752.7)
Other (4.5) (4.3) (5.7)
Net cash provided by (used in) financing activities (1,938.8) (3,516.2) (4,332.6)
Net increase (decrease) in cash and cash equivalents 644.7 (549.4) (349.4)
Cash and cash equivalents at beginning of period 699.8 1,249.2 1,598.6
Cash and cash equivalents at end of period 1,344.5 699.8 1,249.2
Principal Financial Services, Inc. and Other Subsidiaries Combined
     
Operating activities      
Net cash provided by (used in) operating activities 374.7 414.8 (129.2)
Investing activities      
Available-for-sale securities: Purchases (696.8) (1,273.5) (1,288.3)
Available-for-sale securities: Sales 116.2 380.3 602.9
Available-for-sale securities: Maturities 719.4 652.7 566.4
Mortgage loans acquired or originated (169.0) (295.8) (151.3)
Mortgage loans sold or repaid 339.3 422.6 366.2
Real estate acquired (129.6) (53.6) (62.2)
Net (purchases) sales of property and equipment (10.2) (17.2) (15.0)
Purchases of interest in subsidiaries, net of cash acquired (270.5)   (45.7)
Dividends and returns of capital received from (contributions to) unconsolidated entities 756.5 301.8 (150.9)
Net change in other investments 14.5 (163.3) 24.7
Net cash provided by (used in) investing activities 669.8 (46.0) (153.2)
Financing activities      
Excess tax benefits from share-based payment arrangements 1.2 0.6 0.1
Issuance of long-term debt   27.6  
Principal repayments of long-term debt (69.4) (58.7) (665.1)
Net proceeds from (repayments of) short-term borrowings 3.2 (30.4) (405.2)
Capital received from (dividends and capital paid to) parent (834.4) (530.9) 825.5
Investment contract deposits 433.4 183.8 3.9
Investment contract withdrawals (2.3) (0.1)  
Net increase (decrease) in banking operation deposits (18.5) 46.2 43.9
Net cash provided by (used in) financing activities (486.8) (361.9) (196.9)
Net increase (decrease) in cash and cash equivalents 557.7 6.9 (479.3)
Cash and cash equivalents at beginning of period 719.9 713.0 1,192.3
Cash and cash equivalents at end of period 1,277.6 719.9 713.0
Eliminations, Notes Guarantor
     
Operating activities      
Net cash provided by (used in) operating activities (83.6) (26.9) 197.9
Investing activities      
Available-for-sale securities: Purchases 6.0 4.1 80.0
Available-for-sale securities: Sales (25.0) (32.0) (169.1)
Mortgage loans acquired or originated 56.8 233.2 72.1
Mortgage loans sold or repaid (94.8) (248.7) (111.1)
Dividends and returns of capital received from (contributions to) unconsolidated entities (1,590.9) (832.7) 976.4
Net change in other investments (18.3) 129.1 (112.3)
Net cash provided by (used in) investing activities (1,666.2) (747.0) 736.0
Financing activities      
Issuance of long-term debt   (25.3)  
Principal repayments of long-term debt 57.2 47.6 196.9
Net proceeds from (repayments of) short-term borrowings   32.1 0.1
Capital received from (dividends and capital paid to) parent 1,590.9 832.7 (976.4)
Net cash provided by (used in) financing activities 1,648.1 887.1 (779.4)
Net increase (decrease) in cash and cash equivalents (101.7) 113.2 154.5
Cash and cash equivalents at beginning of period 86.8 (26.4) (180.9)
Cash and cash equivalents at end of period $ (14.9) $ 86.8 $ (26.4)