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Investments - Gross Unrealized Losses for Fixed Maturities and Equity Securities (Details)
$ in Millions
Dec. 31, 2017
USD ($)
item
Dec. 31, 2016
USD ($)
item
Fixed maturities    
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Fair value $ 9,822.3 $ 14,955.3
Less than twelve months, Gross unrealized losses 92.3 396.6
Greater than or equal to twelve months, Fair value 4,834.9 2,511.1
Greater than or equal to twelve months, Gross unrealized losses 174.7 252.2
Total, Fair value 14,657.2 17,466.4
Total, Gross unrealized losses 267.0 648.8
U.S. government and agencies    
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Fair value 294.2 570.3
Less than twelve months, Gross unrealized losses 2.2 10.9
Greater than or equal to twelve months, Fair value 180.9 8.2
Greater than or equal to twelve months, Gross unrealized losses 5.5  
Total, Fair value 475.1 578.5
Total, Gross unrealized losses 7.7 10.9
Non-U.S. governments    
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Fair value 111.0 198.0
Less than twelve months, Gross unrealized losses 1.7 5.4
Greater than or equal to twelve months, Fair value 22.1 12.2
Greater than or equal to twelve months, Gross unrealized losses 1.9 2.0
Total, Fair value 133.1 210.2
Total, Gross unrealized losses 3.6 7.4
States and political subdivisions    
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Fair value 720.0 2,229.4
Less than twelve months, Gross unrealized losses 5.0 86.6
Greater than or equal to twelve months, Fair value 437.7 4.8
Greater than or equal to twelve months, Gross unrealized losses 10.9 0.5
Total, Fair value 1,157.7 2,234.2
Total, Gross unrealized losses 15.9 87.1
Corporate debt securities    
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Fair value 3,871.5 6,559.7
Less than twelve months, Gross unrealized losses 43.4 189.2
Greater than or equal to twelve months, Fair value 1,644.3 1,285.6
Greater than or equal to twelve months, Gross unrealized losses 60.7 161.6
Total, Fair value 5,515.8 7,845.3
Total, Gross unrealized losses 104.1 350.8
Residential mortgage-backed pass-through securities    
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Fair value 354.4 1,265.6
Less than twelve months, Gross unrealized losses 2.0 29.8
Greater than or equal to twelve months, Fair value 734.5 16.0
Greater than or equal to twelve months, Gross unrealized losses 19.3 0.8
Total, Fair value 1,088.9 1,281.6
Total, Gross unrealized losses 21.3 30.6
Commercial mortgage-backed securities    
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Fair value 1,342.7 1,637.2
Less than twelve months, Gross unrealized losses 19.9 41.0
Greater than or equal to twelve months, Fair value 820.3 612.5
Greater than or equal to twelve months, Gross unrealized losses 38.5 46.9
Total, Fair value 2,163.0 2,249.7
Total, Gross unrealized losses 58.4 87.9
Collateralized debt obligations    
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Fair value 460.9 265.7
Less than twelve months, Gross unrealized losses 2.1 0.9
Greater than or equal to twelve months, Fair value 38.3 195.6
Greater than or equal to twelve months, Gross unrealized losses 13.4 23.4
Total, Fair value 499.2 461.3
Total, Gross unrealized losses 15.5 24.3
Other debt obligations    
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Fair value 2,667.6 2,229.4
Less than twelve months, Gross unrealized losses 16.0 32.8
Greater than or equal to twelve months, Fair value 956.8 376.2
Greater than or equal to twelve months, Gross unrealized losses 24.5 17.0
Total, Fair value 3,624.4 2,605.6
Total, Gross unrealized losses 40.5 49.8
Equity portfolios    
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Fair value   18.2
Less than twelve months, Gross unrealized losses   0.4
Greater than or equal to twelve months, Fair value 40.4 35.4
Greater than or equal to twelve months, Gross unrealized losses 5.4 10.5
Total, Fair value 40.4 53.6
Total, Gross unrealized losses 5.4 10.9
Principal Life Insurance Company | Fixed maturities    
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Fair value 9,360.9 14,549.4
Less than twelve months, Gross unrealized losses 75.4 384.6
Greater than or equal to twelve months, Fair value 4,698.6 2,369.5
Greater than or equal to twelve months, Gross unrealized losses 164.3 230.5
Total, Fair value 14,059.5 16,918.9
Total, Gross unrealized losses $ 239.7 $ 615.1
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure    
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Percent Investment Grade (as a percent) 97.00% 94.00%
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Average Price (percent of carrying value to amortized cost) | item 98 96
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less Than Twelve Months | item 1,209 1,911
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Less Than Twelve Months (percent of carrying value to amortized cost) | item 99 97
Available-for-sale Securities in Unrealized Loss Positions, Percent Investment Grade, Less Than Twelve Months (as a percent) 98.00% 98.00%
Available-for-sale Securities in Unrealized Loss Position, Aggregate Losses On Investment Grade Investments, Less Than Twelve Months $ 71.5 $ 374.1
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Twelve Months or Longer | item 775 453
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) | item 97 91
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 $ 52.2 $ 141.9
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) | item 97 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 $ 38.1 $ 46.9
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) | item 96 93