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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2017
Goodwill and Other Intangible Assets  
Goodwill (Table)

                                                                                                                                                                                    

 

 

Retirement
and Income
Solutions

 

Principal
Global
Investors

 

Principal
International

 

U.S.
Insurance
Solutions

 

Corporate

 

Consolidated

 

 

 

(in millions)

 

Balance as of January 1, 2016

 

$

57.4

 

$

252.1

 

$

642.9

 

$

56.6

 

$

 

$

1,009.0

 

Foreign currency

 

 

 

 

(9.6

)

 

21.4

 

 

 

 

 

 

11.8

 

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Balance as of December 31, 2016

 

 

57.4

 

 

242.5

 

 

664.3

 

 

56.6

 

 

 

 

1,020.8

 

Foreign currency

 

 

 

 

4.8

 

 

43.2

 

 

 

 

 

 

48.0

 

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Balance as of December 31, 2017

 

$

57.4

 

$

247.3

 

$

707.5

 

$

56.6

 

$

 

$

1,068.8

 

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Finite Lived Intangible Assets (Table)

                                                                                                                                                                                    

 

 

December 31,

 

 

 

2017

 

2016

 

 

 

(in millions)

 

Gross carrying value

 

$

782.9

 

$

756.2

 

Accumulated amortization

 

 

277.7

 

 

228.7

 

​  

​  

​  

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Net carrying value

 

$

505.2

 

$

527.5

 

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Other Finite Lived Intangible Assets Estimated Amortization Expense (Table)

As of December 31, 2017, the estimated amortization expense for the next five years is as follows (in millions):

                                                                                                                                                                                    

Year ending December 31:

 

 

 

 

2018

 

$

44.7

 

2019

 

 

43.5

 

2020

 

 

42.9

 

2021

 

 

40.4

 

2022

 

 

39.7