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Condensed Consolidating Financial Information (Details 3) (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Operating activities    
Net cash provided by (used in) operating activities $ 1,397.9 $ 2,373.7
Investing activities    
Available-for-sale securities: Purchases (7,012.3) (6,467.5)
Available-for-sale securities: Sales 1,626.7 946.5
Available-for-sale securities: Maturities 5,783.2 4,702.7
Mortgage loans acquired or originated (2,020.0) (1,811.8)
Mortgage loans sold or repaid 1,570.8 1,166.7
Real estate acquired (59.0) (114.8)
Net (purchases) sales of property and equipment (22.7) (35.6)
Purchases of interest in subsidiaries, net of cash acquired (1,268.3) (62.5)
Net change in other investments (31.2) (42.9)
Net cash provided by (used in) investing activities (1,432.8) (1,719.2)
Financing activities    
Issuance of common stock 80.2 24.7
Acquisition of treasury stock (153.4) (272.7)
Proceeds from financing element derivatives 46.7 51.6
Payments for financing element derivatives (36.9) (38.3)
Excess tax benefits from share-based payment arrangements 8.6 9.8
Purchase of subsidiary shares from noncontrolling interest (51.7)  
Sale of subsidiary shares to noncontrolling interest 32.1  
Dividends to common stockholders (211.7) (169.6)
Dividends to preferred stockholders (24.7) (16.5)
Issuance of long-term debt 24.1 602.9
Principal repayments of long-term debt (212.2) (2.1)
Net proceeds from (repayments of) short-term borrowings 131.6 (81.0)
Investment contract deposits 5,270.2 4,798.7
Investment contract withdrawals (7,055.6) (6,126.0)
Net increase (decrease) in banking operation deposits (276.2) 14.9
Other (6.3) (5.8)
Net cash provided by (used in) financing activities (2,435.2) (1,209.4)
Net increase (decrease) in cash and cash equivalents (2,470.1) (554.9)
Cash and cash equivalents at beginning of period 4,177.2 2,833.9
Cash and cash equivalents at end of period 1,707.1 2,279.0
Principal Financial Group, Inc. Parent Only
   
Operating activities    
Net cash provided by (used in) operating activities (12.8) 49.2
Investing activities    
Dividends and returns of capital received from (contributions to) unconsolidated entities 169.3 539.8
Net change in other investments (3.2) (0.2)
Net cash provided by (used in) investing activities 166.1 539.6
Financing activities    
Issuance of common stock 80.2 24.7
Acquisition of treasury stock (153.4) (272.7)
Dividends to common stockholders (211.7) (169.6)
Dividends to preferred stockholders (24.7) (16.5)
Issuance of long-term debt   593.8
Net cash provided by (used in) financing activities (309.6) 159.7
Net increase (decrease) in cash and cash equivalents (156.3) 748.5
Cash and cash equivalents at beginning of period 207.1 226.7
Cash and cash equivalents at end of period 50.8 975.2
Principal Life Insurance Company Only
   
Operating activities    
Net cash provided by (used in) operating activities 1,412.5 2,369.3
Investing activities    
Available-for-sale securities: Purchases (6,094.0) (5,753.7)
Available-for-sale securities: Sales 1,281.4 862.7
Available-for-sale securities: Maturities 5,186.5 4,058.9
Mortgage loans acquired or originated (2,226.3) (1,687.2)
Mortgage loans sold or repaid 1,408.3 1,104.6
Net (purchases) sales of property and equipment (20.2) (22.4)
Dividends and returns of capital received from (contributions to) unconsolidated entities 157.9 435.0
Net change in other investments 76.1 (14.8)
Net cash provided by (used in) investing activities (230.3) (1,016.9)
Financing activities    
Proceeds from financing element derivatives 46.7 51.6
Payments for financing element derivatives (36.9) (38.3)
Excess tax benefits from share-based payment arrangements 2.5 4.7
Capital received from (dividends and capital paid to) parent (169.3) (539.8)
Investment contract deposits 4,985.4 4,481.7
Investment contract withdrawals (7,051.1) (6,123.8)
Other (6.3) (5.8)
Net cash provided by (used in) financing activities (2,229.0) (2,169.7)
Net increase (decrease) in cash and cash equivalents (1,046.8) (817.3)
Cash and cash equivalents at beginning of period 1,698.4 1,344.5
Cash and cash equivalents at end of period 651.6 527.2
Principal Financial Services, Inc. and Other Subsidiaries Combined
   
Operating activities    
Net cash provided by (used in) operating activities (132.2) (204.2)
Investing activities    
Available-for-sale securities: Purchases (926.7) (739.5)
Available-for-sale securities: Sales 370.1 98.8
Available-for-sale securities: Maturities 596.7 643.8
Mortgage loans acquired or originated (175.6) (177.4)
Mortgage loans sold or repaid 583.2 280.3
Real estate acquired (59.0) (114.8)
Net (purchases) sales of property and equipment (2.5) (13.2)
Purchases of interest in subsidiaries, net of cash acquired (1,268.3) (62.5)
Dividends and returns of capital received from (contributions to) unconsolidated entities 169.3 539.8
Net change in other investments (128.4) (14.8)
Net cash provided by (used in) investing activities (841.2) 440.5
Financing activities    
Excess tax benefits from share-based payment arrangements 6.1 5.1
Purchase of subsidiary shares from noncontrolling interest (51.7)  
Sale of subsidiary shares to noncontrolling interest 32.1  
Issuance of long-term debt 24.1 9.1
Principal repayments of long-term debt (197.8) (45.7)
Net proceeds from (repayments of) short-term borrowings 131.6 (81.0)
Capital received from (dividends and capital paid to) parent (327.2) (974.8)
Investment contract deposits 284.8 317.0
Investment contract withdrawals (4.5) (2.2)
Net increase (decrease) in banking operation deposits (276.2) 14.9
Net cash provided by (used in) financing activities (378.7) (757.6)
Net increase (decrease) in cash and cash equivalents (1,352.1) (521.3)
Cash and cash equivalents at beginning of period 2,286.9 1,277.6
Cash and cash equivalents at end of period 934.8 756.3
Eliminations, Notes Guarantor
   
Operating activities    
Net cash provided by (used in) operating activities 130.4 159.4
Investing activities    
Available-for-sale securities: Purchases 8.4 25.7
Available-for-sale securities: Sales (24.8) (15.0)
Mortgage loans acquired or originated 381.9 52.8
Mortgage loans sold or repaid (420.7) (218.2)
Dividends and returns of capital received from (contributions to) unconsolidated entities (496.5) (1,514.6)
Net change in other investments 24.3 (13.1)
Net cash provided by (used in) investing activities (527.4) (1,682.4)
Financing activities    
Principal repayments of long-term debt (14.4) 43.6
Capital received from (dividends and capital paid to) parent 496.5 1,514.6
Net cash provided by (used in) financing activities 482.1 1,558.2
Net increase (decrease) in cash and cash equivalents 85.1 35.2
Cash and cash equivalents at beginning of period (15.2) (14.9)
Cash and cash equivalents at end of period $ 69.9 $ 20.3