XML 152 R134.htm IDEA: XBRL DOCUMENT v3.3.1.900
Condensed Consolidating Financial Information - Guarantor, Statements of Financial Position (Details) - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Assets        
Fixed maturities, available-for-sale $ 49,966.5 $ 49,670.8    
Fixed maturities, trading 686.8 604.6    
Equity securities, available-for-sale 104.5 123.0    
Equity securities, trading 1,202.7 840.2    
Mortgage loans 12,339.4 11,811.6    
Real estate 1,451.8 1,344.6    
Policy loans 817.1 829.2    
Investment in unconsolidated entities 632.7 815.8    
Other investments 2,619.0 2,394.0    
Cash and cash equivalents 2,564.8 1,863.9 $ 2,371.8 $ 4,177.2
Accrued investment income 545.6 505.9    
Premiums due and other receivables 1,429.3 1,213.0    
Deferred acquisition costs 3,276.1 2,993.0 3,077.0 2,590.0
Property and equipment 633.8 590.2    
Goodwill 1,009.0 1,007.4 1,100.3  
Other intangibles 1,359.2 1,323.5    
Separate account assets 136,978.9 140,072.8    
Other assets 1,068.7 1,083.5    
Total assets 218,685.9 219,087.0    
Liabilities        
Contractholder funds 35,716.1 34,726.7    
Future policy benefits and claims 25,856.5 24,036.6    
Other policyholder funds 805.4 812.7    
Short-term debt 181.1 28.0    
Long-term debt 3,290.8 2,531.2    
Income taxes currently payable 18.4 11.5    
Deferred income taxes 697.2 1,035.3    
Separate account liabilities 136,978.9 140,072.8    
Other liabilities 5,678.4 5,542.2    
Total liabilities 209,222.8 208,797.0    
Redeemable noncontrolling interest 85.7 58.0 247.2 60.4
Stockholders' equity        
Common stock 4.7 4.6    
Additional paid-in capital 9,544.8 9,945.5    
Retained earnings (accumulated deficit) 6,875.9 6,114.1    
Accumulated other comprehensive income (882.5) 50.4    
Treasury stock, at cost (6,231.3) (5,930.7)    
Total stockholders' equity attributable to Principal Financial Group, Inc. 9,311.6 10,184.0    
Noncontrolling interest 65.8 48.0    
Total stockholders' equity 9,377.4 10,232.0 9,777.0 9,703.4
Total liabilities and stockholders' equity 218,685.9 219,087.0    
Principal Financial Group, Inc. Parent Only        
Assets        
Investment in unconsolidated entities 12,223.4 12,446.5    
Other investments 9.7 9.5    
Cash and cash equivalents 578.7 412.4 131.5 207.1
Other assets 482.1 450.7    
Total assets 13,293.9 13,319.1    
Liabilities        
Long-term debt 3,247.9 2,448.9    
Other liabilities 734.4 686.2    
Total liabilities 3,982.3 3,135.1    
Stockholders' equity        
Common stock 4.7 4.6    
Additional paid-in capital 9,544.8 9,945.5    
Retained earnings (accumulated deficit) 6,875.9 6,114.1    
Accumulated other comprehensive income (882.5) 50.4    
Treasury stock, at cost (6,231.3) (5,930.7)    
Total stockholders' equity attributable to Principal Financial Group, Inc. 9,311.6 10,184.0    
Total stockholders' equity 9,311.6 10,184.0    
Total liabilities and stockholders' equity 13,293.9 13,319.1    
Principal Life Insurance Company Only        
Assets        
Fixed maturities, available-for-sale 43,862.7 43,649.7    
Fixed maturities, trading 436.2 298.5    
Equity securities, available-for-sale 101.7 108.9    
Equity securities, trading 0.3 0.3    
Mortgage loans 11,696.9 10,972.6    
Real estate 6.3 7.0    
Policy loans 786.3 799.0    
Investment in unconsolidated entities 2,220.5 2,787.9    
Other investments 3,944.3 3,416.7    
Cash and cash equivalents 1,127.9 602.7 1,332.2 1,698.4
Accrued investment income 477.9 449.2    
Premiums due and other receivables 1,512.7 1,237.4    
Deferred acquisition costs 3,057.3 2,754.6    
Property and equipment 552.0 505.8    
Goodwill 54.3 54.3    
Other intangibles 24.6 25.7    
Separate account assets 94,762.8 94,328.4    
Other assets 878.0 873.2    
Total assets 165,502.7 162,871.9    
Liabilities        
Contractholder funds 33,151.7 33,428.3    
Future policy benefits and claims 21,914.0 19,768.1    
Other policyholder funds 718.1 742.8    
Deferred income taxes 415.2 629.9    
Separate account liabilities 94,762.8 94,328.4    
Other liabilities 6,330.1 5,793.0    
Total liabilities 157,291.9 154,690.5    
Stockholders' equity        
Common stock 2.5 2.5    
Additional paid-in capital 5,334.4 5,275.0    
Retained earnings (accumulated deficit) 2,232.6 1,817.2    
Accumulated other comprehensive income 641.3 1,086.7    
Total stockholders' equity attributable to Principal Financial Group, Inc. 8,210.8 8,181.4    
Total stockholders' equity 8,210.8 8,181.4    
Total liabilities and stockholders' equity 165,502.7 162,871.9    
Principal Financial Services, Inc. and Other Subsidiaries Combined        
Assets        
Fixed maturities, available-for-sale 6,482.5 6,411.6    
Fixed maturities, trading 250.6 306.1    
Equity securities, available-for-sale 2.8 14.1    
Equity securities, trading 1,202.4 839.9    
Mortgage loans 1,155.3 1,188.6    
Real estate 1,445.5 1,337.6    
Policy loans 30.8 30.2    
Investment in unconsolidated entities 6,229.8 5,745.7    
Other investments 1,636.5 1,578.5    
Cash and cash equivalents 1,253.7 1,253.6 894.5 2,286.9
Accrued investment income 76.7 58.1    
Premiums due and other receivables 2,465.9 2,165.6    
Deferred acquisition costs 218.8 238.4    
Property and equipment 81.8 84.4    
Goodwill 954.7 953.1    
Other intangibles 1,334.6 1,297.8    
Separate account assets 42,216.1 45,744.4    
Other assets 2,997.1 2,768.6    
Total assets 70,035.6 72,016.3    
Liabilities        
Contractholder funds 2,885.1 1,607.5    
Future policy benefits and claims 4,479.3 4,718.2    
Other policyholder funds 88.2 70.4    
Short-term debt 181.1 28.0    
Long-term debt 536.7 417.5    
Income taxes currently payable 101.9 83.1    
Deferred income taxes 928.9 1,022.5    
Separate account liabilities 42,216.1 45,744.4    
Other liabilities 6,323.6 5,845.5    
Total liabilities 57,740.9 59,537.1    
Redeemable noncontrolling interest 85.7 58.0    
Stockholders' equity        
Additional paid-in capital 9,000.0 8,964.2    
Retained earnings (accumulated deficit) 3,522.3 2,858.6    
Accumulated other comprehensive income (383.6) 545.9    
Total stockholders' equity attributable to Principal Financial Group, Inc. 12,138.7 12,368.7    
Noncontrolling interest 70.3 52.5    
Total stockholders' equity 12,209.0 12,421.2    
Total liabilities and stockholders' equity 70,035.6 72,016.3    
Eliminations, Notes Guarantor        
Assets        
Fixed maturities, available-for-sale (378.7) (390.5)    
Mortgage loans (512.8) (349.6)    
Investment in unconsolidated entities (20,041.0) (20,164.3)    
Other investments (2,971.5) (2,610.7)    
Cash and cash equivalents (395.5) (404.8) $ 13.6 $ (15.2)
Accrued investment income (9.0) (1.4)    
Premiums due and other receivables (2,549.3) (2,190.0)    
Other assets (3,288.5) (3,009.0)    
Total assets (30,146.3) (29,120.3)    
Liabilities        
Contractholder funds (320.7) (309.1)    
Future policy benefits and claims (536.8) (449.7)    
Other policyholder funds (0.9) (0.5)    
Long-term debt (493.8) (335.2)    
Income taxes currently payable (83.5) (71.6)    
Deferred income taxes (646.9) (617.1)    
Other liabilities (7,709.7) (6,782.5)    
Total liabilities (9,792.3) (8,565.7)    
Stockholders' equity        
Common stock (2.5) (2.5)    
Additional paid-in capital (14,334.4) (14,239.2)    
Retained earnings (accumulated deficit) (5,754.9) (4,675.8)    
Accumulated other comprehensive income (257.7) (1,632.6)    
Total stockholders' equity attributable to Principal Financial Group, Inc. (20,349.5) (20,550.1)    
Noncontrolling interest (4.5) (4.5)    
Total stockholders' equity (20,354.0) (20,554.6)    
Total liabilities and stockholders' equity $ (30,146.3) $ (29,120.3)    
Series A        
Stockholders' equity        
Preferred stock, value      
Series B        
Stockholders' equity        
Preferred stock, value   $ 0.1    
Series B | Principal Financial Group, Inc. Parent Only        
Stockholders' equity        
Preferred stock, value   $ 0.1