XML 90 R65.htm IDEA: XBRL DOCUMENT v2.4.0.6
Investments (Details 7) (USD $)
In Millions, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Fixed maturities
   
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Carrying value $ 5,021.3 $ 4,597.7
Less than twelve months, Gross unrealized losses 215.6 107.4
Greater than or equal to twelve months, Carrying value 4,031.0 5,990.9
Greater than or equal to twelve months, Gross unrealized losses 1,308.3 1,381.4
Total, Carrying value 9,052.3 10,588.6
Total, Gross unrealized losses 1,523.9 1,488.8
U.S. government and agencies
   
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Carrying value   224.5
Less than twelve months, Gross unrealized losses   0.2
Total, Carrying value   224.5
Total, Gross unrealized losses   0.2
Non-U.S. governments
   
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Carrying value 68.5 7.9
Less than twelve months, Gross unrealized losses 1.4  
Greater than or equal to twelve months, Carrying value 0.3  
Total, Carrying value 68.8 7.9
Total, Gross unrealized losses 1.4  
States and political subdivisions
   
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Carrying value 5.7 771.0
Less than twelve months, Gross unrealized losses 0.1 18.4
Greater than or equal to twelve months, Carrying value 51.7 44.2
Greater than or equal to twelve months, Gross unrealized losses 5.4 4.9
Total, Carrying value 57.4 815.2
Total, Gross unrealized losses 5.5 23.3
Corporate debt securities
   
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Carrying value 3,445.6 2,457.4
Less than twelve months, Gross unrealized losses 140.8 69.1
Greater than or equal to twelve months, Carrying value 2,403.9 3,948.9
Greater than or equal to twelve months, Gross unrealized losses 578.1 475.9
Total, Carrying value 5,849.5 6,406.3
Total, Gross unrealized losses 718.9 545.0
Residential mortgage-backed pass-through securities
   
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Carrying value 77.8 384.9
Less than twelve months, Gross unrealized losses 0.5 5.9
Greater than or equal to twelve months, Carrying value 3.7  
Greater than or equal to twelve months, Gross unrealized losses 0.2  
Total, Carrying value 81.5 384.9
Total, Gross unrealized losses 0.7 5.9
Commercial mortgage-backed securities
   
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Carrying value 608.4 340.1
Less than twelve months, Gross unrealized losses 57.3 4.9
Greater than or equal to twelve months, Carrying value 858.9 1,186.4
Greater than or equal to twelve months, Gross unrealized losses 540.3 695.8
Total, Carrying value 1,467.3 1,526.5
Total, Gross unrealized losses 597.6 700.7
Collateralized debt obligations
   
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Carrying value 107.2 10.4
Less than twelve months, Gross unrealized losses 2.5 0.5
Greater than or equal to twelve months, Carrying value 204.4 233.0
Greater than or equal to twelve months, Gross unrealized losses 60.3 88.7
Total, Carrying value 311.6 243.4
Total, Gross unrealized losses 62.8 89.2
Other debt obligations
   
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Carrying value 708.1 401.5
Less than twelve months, Gross unrealized losses 13.0 8.4
Greater than or equal to twelve months, Carrying value 508.1 578.4
Greater than or equal to twelve months, Gross unrealized losses 124.0 116.1
Total, Carrying value 1,216.2 979.9
Total, Gross unrealized losses 137.0 124.5
Equity securities
   
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Carrying value 14.3 47.3
Less than twelve months, Gross unrealized losses 3.2 7.2
Greater than or equal to twelve months, Carrying value 15.6 77.0
Greater than or equal to twelve months, Gross unrealized losses 3.3 11.0
Total, Carrying value 29.9 124.3
Total, Gross unrealized losses 6.5 18.2
Principal Life Insurance Company | Fixed maturities
   
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Carrying value 4,573.6 4,112.3
Less than twelve months, Gross unrealized losses 198.7 95.7
Greater than or equal to twelve months, Carrying value 3,967.1 5,801.9
Greater than or equal to twelve months, Gross unrealized losses 1,271.6 1,349.6
Total, Carrying value 8,540.7 9,914.2
Total, Gross unrealized losses 1,470.3 1,445.3
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure    
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less Than Twelve Months 477 534
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Twelve Months or Longer 628 773
Available-for-sale Securities in Unrealized Loss Position, Aggregate Losses On Investment Grade Investments, Less Than Twelve Months 128.5 88.7
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Percent Investment Grade (as a percent) 76.00% 77.00%
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Average Price (percent of carrying value to amortized cost) 85 87
Available-for-sale Securities in Unrealized Loss Positions, Percent Investment Grade, Less Than Twelve Months (as a percent) 86.00% 94.00%
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Less Than Twelve Months (percent of carrying value to amortized cost) 96 98
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) 76 81
Principal Life Insurance Company | Corporate debt securities
   
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Greater than or equal to twelve months, Gross unrealized losses 541.4 444.1
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure    
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) 81 89
Principal Life Insurance Company | Commercial mortgage-backed securities
   
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Greater than or equal to twelve months, Gross unrealized losses $ 540.3 $ 695.8
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure    
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) 61 63