XML 101 R88.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidating Financial Information (Details 3) (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Operating activities    
Net cash provided by (used in) operating activities $ 2,373.7 $ 1,885.4
Investing activities    
Available-for-sale securities: Purchases (6,467.5) (5,179.4)
Available-for-sale securities: Sales 946.5 845.6
Available-for-sale securities: Maturities 4,702.7 4,350.3
Mortgage loans acquired or originated (1,811.8) (1,070.4)
Mortgage loans sold or repaid 1,166.7 1,269.6
Real estate acquired (114.8) (43.8)
Net (purchases) sales of property and equipment (35.6) (32.6)
Purchases of interest in subsidiaries, net of cash acquired (62.5)  
Net change in other investments (42.9) (228.4)
Net cash provided by (used in) investing activities (1,719.2) (89.1)
Financing activities    
Issuance of common stock 24.7 23.2
Acquisition of treasury stock (272.7) (456.4)
Proceeds from financing element derivatives 51.6 74.7
Payments for financing element derivatives (38.3) (38.6)
Excess tax benefits from share-based payment arrangements 9.8 2.0
Dividends to common stockholders (169.6)  
Dividends to preferred stockholders (16.5) (24.7)
Issuance of long-term debt 602.9 2.6
Principal repayments of long-term debt (2.1) (4.3)
Net proceeds from (repayments of) short-term borrowings (81.0) (30.7)
Investment contract deposits 4,798.7 4,067.3
Investment contract withdrawals (6,126.0) (5,836.3)
Net increase (decrease) in banking operation deposits 14.9 (15.2)
Other (5.8) (3.1)
Net cash provided by (used in) financing activities (1,209.4) (2,239.5)
Net increase (decrease) in cash and cash equivalents (554.9) (443.2)
Cash and cash equivalents at beginning of period 2,833.9 1,877.4
Cash and cash equivalents at end of period 2,279.0 1,434.2
Principal Financial Group, Inc. Parent Only
   
Operating activities    
Net cash provided by (used in) operating activities 49.2 (249.2)
Investing activities    
Available-for-sale securities: Purchases   (4.4)
Available-for-sale securities: Sales   200.0
Available-for-sale securities: Maturities   4.4
Dividends and returns of capital received from (contributions to) unconsolidated entities 539.8 506.3
Net change in other investments (0.2) (0.2)
Net cash provided by (used in) investing activities 539.6 706.1
Financing activities    
Issuance of common stock 24.7 23.2
Acquisition of treasury stock (272.7) (456.4)
Dividends to common stockholders (169.6)  
Dividends to preferred stockholders (16.5) (24.7)
Issuance of long-term debt 593.8  
Net cash provided by (used in) financing activities 159.7 (457.9)
Net increase (decrease) in cash and cash equivalents 748.5 (1.0)
Cash and cash equivalents at beginning of period 226.7 370.9
Cash and cash equivalents at end of period 975.2 369.9
Principal Life Insurance Company Only
   
Operating activities    
Net cash provided by (used in) operating activities 2,369.3 1,983.6
Investing activities    
Available-for-sale securities: Purchases (5,753.7) (4,697.5)
Available-for-sale securities: Sales 862.7 545.0
Available-for-sale securities: Maturities 4,058.9 3,825.7
Mortgage loans acquired or originated (1,687.2) (989.0)
Mortgage loans sold or repaid 1,104.6 1,106.6
Net (purchases) sales of property and equipment (22.4) (27.0)
Dividends and returns of capital received from (contributions to) unconsolidated entities 435.0 224.4
Net change in other investments (14.8) (51.4)
Net cash provided by (used in) investing activities (1,016.9) (63.2)
Financing activities    
Proceeds from financing element derivatives 51.6 74.7
Payments for financing element derivatives (38.3) (38.6)
Excess tax benefits from share-based payment arrangements 4.7 0.8
Capital received from (dividends and capital paid to) parent (539.8) (506.4)
Investment contract deposits 4,481.7 3,746.8
Investment contract withdrawals (6,123.8) (5,834.3)
Other (5.8) (3.1)
Net cash provided by (used in) financing activities (2,169.7) (2,560.1)
Net increase (decrease) in cash and cash equivalents (817.3) (639.7)
Cash and cash equivalents at beginning of period 1,344.5 699.8
Cash and cash equivalents at end of period 527.2 60.1
Principal Financial Services, Inc. and Other Subsidiaries Combined
   
Operating activities    
Net cash provided by (used in) operating activities (204.2) 447.8
Investing activities    
Available-for-sale securities: Purchases (739.5) (480.4)
Available-for-sale securities: Sales 98.8 110.1
Available-for-sale securities: Maturities 643.8 520.2
Mortgage loans acquired or originated (177.4) (114.2)
Mortgage loans sold or repaid 280.3 242.1
Real estate acquired (114.8) (43.8)
Net (purchases) sales of property and equipment (13.2) (5.6)
Purchases of interest in subsidiaries, net of cash acquired (62.5)  
Dividends and returns of capital received from (contributions to) unconsolidated entities 539.8 506.4
Net change in other investments (14.8) (164.1)
Net cash provided by (used in) investing activities 440.5 570.7
Financing activities    
Excess tax benefits from share-based payment arrangements 5.1 1.2
Issuance of long-term debt 9.1 2.6
Principal repayments of long-term debt (45.7) (55.8)
Net proceeds from (repayments of) short-term borrowings (81.0) (30.7)
Capital received from (dividends and capital paid to) parent (974.8) (730.7)
Investment contract deposits 317.0 320.5
Investment contract withdrawals (2.2) (2.0)
Net increase (decrease) in banking operation deposits 14.9 (15.2)
Net cash provided by (used in) financing activities (757.6) (510.1)
Net increase (decrease) in cash and cash equivalents (521.3) 508.4
Cash and cash equivalents at beginning of period 1,277.6 719.9
Cash and cash equivalents at end of period 756.3 1,228.3
Eliminations, Notes Guarantor
   
Operating activities    
Net cash provided by (used in) operating activities 159.4 (296.8)
Investing activities    
Available-for-sale securities: Purchases 25.7 2.9
Available-for-sale securities: Sales (15.0) (9.5)
Mortgage loans acquired or originated 52.8 32.8
Mortgage loans sold or repaid (218.2) (79.1)
Dividends and returns of capital received from (contributions to) unconsolidated entities (1,514.6) (1,237.1)
Net change in other investments (13.1) (12.7)
Net cash provided by (used in) investing activities (1,682.4) (1,302.7)
Financing activities    
Principal repayments of long-term debt 43.6 51.5
Capital received from (dividends and capital paid to) parent 1,514.6 1,237.1
Net cash provided by (used in) financing activities 1,558.2 1,288.6
Net increase (decrease) in cash and cash equivalents 35.2 (310.9)
Cash and cash equivalents at beginning of period (14.9) 86.8
Cash and cash equivalents at end of period $ 20.3 $ (224.1)