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Condensed Consolidating Financial Information - Shelf Registration Guarantor, Statements of Cash Flows (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating activities      
Net cash provided by (used in) operating activities $ 4,377.1 $ 3,102.9 $ 2,221.2
Investing activities      
Available-for-sale securities: Purchases (9,920.3) (9,054.0) (9,025.2)
Available-for-sale securities: Sales 1,563.0 2,512.0 1,919.1
Available-for-sale securities: Maturities 6,625.9 6,244.7 7,359.2
Mortgage loans acquired or originated (2,275.1) (2,169.6) (2,192.9)
Mortgage loans sold or repaid 1,687.3 1,793.6 2,095.1
Real estate acquired (322.0) (281.7) (85.6)
Net (purchases) sales of property and equipment (136.4) (136.0) (59.4)
Purchases of interest in subsidiaries, net of cash acquired (291.2)   (1,268.3)
Net change in other investments (98.8) (81.7) 31.7
Net cash provided by (used in) investing activities (3,167.6) (1,172.7) (1,226.3)
Financing activities      
Issuance of common stock 76.1 77.5 125.8
Acquisition of treasury stock (300.6) (222.7) (153.6)
Proceeds from financing element derivatives 0.3 15.1 47.0
Payments for financing element derivatives (82.0) (58.0) (48.0)
Excess tax benefits from share-based payment arrangements 15.7 9.7 10.1
Purchase of subsidiary shares from noncontrolling interest (22.5) (227.0) (52.9)
Sale of subsidiary shares to noncontrolling interest     31.8
Dividends to common stockholders (441.0) (376.6) (288.4)
Dividends to preferred stockholders (16.5) (33.0) (33.0)
Preferred stock redemption (550.0)    
Issuance of long-term debt 804.9 38.5 38.2
Principal repayments of long-term debt (52.6) (100.3) (218.2)
Net proceeds from (repayments of) short-term borrowings 157.0 (118.3) 108.0
Investment contract deposits 6,492.3 5,638.4 6,716.3
Investment contract withdrawals (6,666.8) (7,099.2) (8,852.7)
Net increase (decrease) in banking operation deposits 91.1 30.7 (225.7)
Other (14.0) (12.9) (5.0)
Net cash provided by (used in) financing activities (508.6) (2,438.1) (2,800.3)
Net increase (decrease) in cash and cash equivalents 700.9 (507.9) (1,805.4)
Cash and cash equivalents at beginning of period 1,863.9 2,371.8 4,177.2
Cash and cash equivalents at end of period 2,564.8 1,863.9 2,371.8
Principal Financial Group, Inc. Parent Only      
Operating activities      
Net cash provided by (used in) operating activities (85.1) (81.6) (42.8)
Investing activities      
Dividends and returns of capital received from (contributions to) unconsolidated entities 685.5 917.7 319.5
Net change in other investments 5.4 (0.7) (3.1)
Net cash provided by (used in) investing activities 690.9 917.0 316.4
Financing activities      
Issuance of common stock 76.1 77.5 125.8
Acquisition of treasury stock (300.6) (222.7) (153.6)
Excess tax benefits from share-based payment arrangements 0.7 0.3  
Dividends to common stockholders (441.0) (376.6) (288.4)
Dividends to preferred stockholders (16.5) (33.0) (33.0)
Preferred stock redemption (550.0)    
Issuance of long-term debt 791.8    
Net cash provided by (used in) financing activities (439.5) (554.5) (349.2)
Net increase (decrease) in cash and cash equivalents 166.3 280.9 (75.6)
Cash and cash equivalents at beginning of period 412.4 131.5 207.1
Cash and cash equivalents at end of period 578.7 412.4 131.5
Principal Financial Services, Inc. Only      
Operating activities      
Net cash provided by (used in) operating activities 338.5 (16.6) 1,019.0
Investing activities      
Dividends and returns of capital received from (contributions to) unconsolidated entities 499.5 1,133.8 (594.6)
Net change in other investments (485.2) 19.0 (28.7)
Net cash provided by (used in) investing activities 14.3 1,152.8 (623.3)
Financing activities      
Issuance of long-term debt 156.0    
Capital received from (dividends and capital paid to) parent (685.5) (917.7) (319.5)
Net cash provided by (used in) financing activities (529.5) (917.7) (319.5)
Net increase (decrease) in cash and cash equivalents (176.7) 218.5 76.2
Cash and cash equivalents at beginning of period 907.2 688.7 612.5
Cash and cash equivalents at end of period 730.5 907.2 688.7
Principal Life Insurance Company and Other Subsidiaries Combined      
Operating activities      
Net cash provided by (used in) operating activities 4,615.2 3,456.7 2,340.2
Investing activities      
Available-for-sale securities: Purchases (9,920.3) (9,054.0) (9,025.2)
Available-for-sale securities: Sales 1,563.0 2,512.0 1,919.1
Available-for-sale securities: Maturities 6,625.9 6,244.7 7,359.2
Mortgage loans acquired or originated (2,275.1) (2,169.6) (2,192.9)
Mortgage loans sold or repaid 1,687.3 1,793.6 2,095.1
Real estate acquired (322.0) (281.7) (85.6)
Net (purchases) sales of property and equipment (136.4) (136.0) (59.4)
Purchases of interest in subsidiaries, net of cash acquired (291.2)   (1,268.3)
Net change in other investments (116.8) 3.6 63.5
Net cash provided by (used in) investing activities (3,185.6) (1,087.4) (1,194.5)
Financing activities      
Proceeds from financing element derivatives 0.3 15.1 47.0
Payments for financing element derivatives (82.0) (58.0) (48.0)
Excess tax benefits from share-based payment arrangements 15.0 9.4 10.1
Purchase of subsidiary shares from noncontrolling interest (22.5) (227.0) (52.9)
Sale of subsidiary shares to noncontrolling interest     31.8
Issuance of long-term debt 77.0 38.5 1,122.5
Principal repayments of long-term debt (116.5) (100.3) (218.2)
Net proceeds from (repayments of) short-term borrowings 111.3 (256.2) (2,122.8)
Capital received from (dividends and capital paid to) parent (499.5) (1,133.8) 594.6
Investment contract deposits 6,492.3 5,638.4 6,716.3
Investment contract withdrawals (6,666.8) (7,099.2) (8,852.7)
Net increase (decrease) in banking operation deposits 91.1 30.7 (225.7)
Other (14.0) (12.9) (5.0)
Net cash provided by (used in) financing activities (614.3) (3,155.3) (3,003.0)
Net increase (decrease) in cash and cash equivalents 815.3 (786.0) (1,857.3)
Cash and cash equivalents at beginning of period 1,598.0 2,384.0 4,241.3
Cash and cash equivalents at end of period 2,413.3 1,598.0 2,384.0
Eliminations, Shelf Registration Debt Guarantor      
Operating activities      
Net cash provided by (used in) operating activities (491.5) (255.6) (1,095.2)
Investing activities      
Dividends and returns of capital received from (contributions to) unconsolidated entities (1,185.0) (2,051.5) 275.1
Net change in other investments 497.8 (103.6)  
Net cash provided by (used in) investing activities (687.2) (2,155.1) 275.1
Financing activities      
Issuance of long-term debt (219.9)   (1,084.3)
Principal repayments of long-term debt 63.9    
Net proceeds from (repayments of) short-term borrowings 45.7 137.9 2,230.8
Capital received from (dividends and capital paid to) parent 1,185.0 2,051.5 (275.1)
Net cash provided by (used in) financing activities 1,074.7 2,189.4 871.4
Net increase (decrease) in cash and cash equivalents (104.0) (221.3) 51.3
Cash and cash equivalents at beginning of period (1,053.7) (832.4) (883.7)
Cash and cash equivalents at end of period $ (1,157.7) $ (1,053.7) $ (832.4)