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Consolidated Statements of Financial Position (USD $)
In Millions, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Assets    
Fixed maturities, available-for-sale (2014 and 2013 include $278.2 million and $272.0 million related to consolidated variable interest entities) $ 49,670.8us-gaap_AvailableForSaleSecuritiesDebtSecurities $ 48,757.1us-gaap_AvailableForSaleSecuritiesDebtSecurities
Fixed maturities, trading (2014 and 2013 include $100.4 million and $110.4 million related to consolidated variable interest entities) 604.6us-gaap_TradingSecuritiesDebt 563.1us-gaap_TradingSecuritiesDebt
Equity securities, available-for-sale 123.0us-gaap_AvailableForSaleSecuritiesEquitySecurities 110.5us-gaap_AvailableForSaleSecuritiesEquitySecurities
Equity securities, trading (2014 and 2013 include $345.3 million and $327.2 million related to consolidated variable interest entities) 840.2us-gaap_TradingSecuritiesEquity 716.9us-gaap_TradingSecuritiesEquity
Mortgage loans 11,811.6us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet 11,533.6us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet
Real estate (2014 and 2013 include $284.9 million and $266.3 million related to consolidated variable interest entities) 1,344.6us-gaap_RealEstateInvestments 1,271.6us-gaap_RealEstateInvestments
Policy loans 829.2us-gaap_LoansInsurancePolicy 859.7us-gaap_LoansInsurancePolicy
Other investments (2014 and 2013 include $40.6 million and $68.1 million related to consolidated variable interest entities and $127.2 million and $142.9 million measured at fair value under the fair value option) 3,209.8pfg_OtherInvestmentsAsDefined 2,944.4pfg_OtherInvestmentsAsDefined
Total investments 68,433.8us-gaap_Investments 66,756.9us-gaap_Investments
Cash and cash equivalents 1,863.9us-gaap_CashAndCashEquivalentsAtCarryingValue 2,371.8us-gaap_CashAndCashEquivalentsAtCarryingValue
Accrued investment income 505.9us-gaap_AccruedInvestmentIncomeReceivable 532.1us-gaap_AccruedInvestmentIncomeReceivable
Premiums due and other receivables 1,213.0us-gaap_PremiumsAndOtherReceivablesNet 1,241.0us-gaap_PremiumsAndOtherReceivablesNet
Deferred acquisition costs 2,993.0us-gaap_DeferredPolicyAcquisitionCosts 3,077.0us-gaap_DeferredPolicyAcquisitionCosts
Property and equipment 590.2us-gaap_PropertyPlantAndEquipmentNet 500.7us-gaap_PropertyPlantAndEquipmentNet
Goodwill 1,007.4us-gaap_Goodwill 1,100.3us-gaap_Goodwill
Other intangibles 1,323.5us-gaap_IntangibleAssetsNetExcludingGoodwill 1,459.0us-gaap_IntangibleAssetsNetExcludingGoodwill
Separate account assets (2014 and 2013 include $34,655.4 million and $32,824.7 million related to consolidated variable interest entities) 140,072.8us-gaap_SeparateAccountAssets 130,018.4us-gaap_SeparateAccountAssets
Other assets 1,083.5us-gaap_OtherAssets 1,134.2us-gaap_OtherAssets
Total assets 219,087.0us-gaap_Assets 208,191.4us-gaap_Assets
Liabilities    
Contractholder funds 34,726.7pfg_ContractholderFunds 35,958.3pfg_ContractholderFunds
Future policy benefits and claims 24,036.6us-gaap_LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense 22,626.2us-gaap_LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense
Other policyholder funds 812.7us-gaap_OtherPolicyholderFunds 758.9us-gaap_OtherPolicyholderFunds
Short-term debt 28.0us-gaap_ShortTermBorrowings 150.6us-gaap_ShortTermBorrowings
Long-term debt (2014 and 2013 include $82.3 million and $47.7 million related to consolidated variable interest entities) 2,531.2us-gaap_LongTermDebt 2,601.4us-gaap_LongTermDebt
Income taxes currently payable 11.5us-gaap_AccruedIncomeTaxes 5.2us-gaap_AccruedIncomeTaxes
Deferred income taxes 1,035.3us-gaap_DeferredTaxLiabilities 824.0us-gaap_DeferredTaxLiabilities
Separate account liabilities (2014 and 2013 include $34,655.4 million and $32,824.7 million related to consolidated variable interest entities) 140,072.8us-gaap_SeparateAccountsLiability 130,018.4us-gaap_SeparateAccountsLiability
Other liabilities (2014 and 2013 include $344.0 million and $362.4 million related to consolidated variable interest entities, of which $71.0 million and $104.9 million are measured at fair value under the fair value option) 5,542.2us-gaap_OtherLiabilities 5,224.2us-gaap_OtherLiabilities
Total liabilities 208,797.0us-gaap_Liabilities 198,167.2us-gaap_Liabilities
Redeemable noncontrolling interest 58.0us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount 247.2us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount
Stockholders' equity    
Common stock, par value $.01 per share - 2,500.0 million shares authorized, 462.7 million and 459.3 million shares issued, and 293.9 million and 295.2 million shares outstanding in 2014 and 2013 4.6us-gaap_CommonStockValue 4.6us-gaap_CommonStockValue
Additional paid-in capital 9,945.5us-gaap_AdditionalPaidInCapital 9,798.9us-gaap_AdditionalPaidInCapital
Retained earnings (accumulated deficit) 6,114.1us-gaap_RetainedEarningsAccumulatedDeficit 5,405.4us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive income (loss) 50.4us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax 183.2us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Treasury stock, at cost (168.8 million and 164.1 million shares in 2014 and 2013) (5,930.7)us-gaap_TreasuryStockValue (5,708.0)us-gaap_TreasuryStockValue
Total stockholders' equity attributable to Principal Financial Group, Inc. 10,184.0us-gaap_StockholdersEquity 9,684.2us-gaap_StockholdersEquity
Noncontrolling interest 48.0us-gaap_MinorityInterest 92.8us-gaap_MinorityInterest
Total stockholders' equity 10,232.0us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 9,777.0us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilities and stockholders' equity 219,087.0us-gaap_LiabilitiesAndStockholdersEquity 208,191.4us-gaap_LiabilitiesAndStockholdersEquity
Series A    
Stockholders' equity    
Preferred stock, value 0us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
0us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
Total stockholders' equity 0us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
0us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
Series B    
Stockholders' equity    
Preferred stock, value 0.1us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesBPreferredStockMember
0.1us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesBPreferredStockMember
Total stockholders' equity $ 0.1us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesBPreferredStockMember
$ 0.1us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesBPreferredStockMember