XML 73 R80.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidating Financial Information (Details) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Mar. 31, 2013
Dec. 31, 2012
Assets        
Fixed maturities, available-for-sale $ 50,048.1 $ 48,757.1    
Fixed maturities, trading 575.3 563.1    
Equity securities, available-for-sale 136.1 110.5    
Equity securities, trading 724.2 716.9    
Mortgage loans 11,478.4 11,533.6    
Real estate 1,390.8 1,271.6    
Policy loans 843.8 859.7    
Investment in unconsolidated entities 889.0 880.0    
Other investments 2,021.4 2,064.4    
Cash and cash equivalents 1,393.1 2,371.8 1,661.2 4,177.2
Accrued investment income 540.4 532.1    
Premiums due and other receivables 1,199.3 1,241.0    
Deferred acquisition costs 3,045.6 3,077.0    
Property and equipment 546.0 500.7    
Goodwill 1,075.2 1,100.3    
Other intangibles 1,421.8 1,459.0    
Separate account assets 132,804.6 130,018.4    
Other assets 1,060.8 1,134.2    
Total assets 211,193.9 208,191.4    
Liabilities        
Contractholder funds 35,736.3 35,958.3    
Future policy benefits and claims 23,026.2 22,626.2    
Other policyholder funds 791.6 758.9    
Short-term debt 148.8 150.6    
Long-term debt 2,516.0 2,601.4    
Income taxes currently payable 6.4 5.2    
Deferred income taxes 889.7 824.0    
Separate account liabilities 132,804.6 130,018.4    
Other liabilities 4,936.2 5,224.2    
Total liabilities 200,855.8 198,167.2    
Redeemable noncontrolling interest 280.2 247.2 58.9 60.4
Stockholders' equity        
Common stock 4.6 4.6    
Additional paid-in capital 9,813.1 9,798.9    
Retained earnings (accumulated deficit) 5,605.3 5,405.4    
Accumulated other comprehensive income 361.8 183.2    
Treasury stock, at cost (166.1 million and 164.1 million shares in 2014 and 2013) (5,797.0) (5,708.0)    
Total stockholders' equity attributable to Principal Financial Group, Inc. 9,987.9 9,684.2    
Noncontrolling interest 70.0 92.8    
Total stockholders' equity 10,057.9 9,777.0 9,826.6 9,703.4
Total liabilities and stockholders' equity 211,193.9 208,191.4    
Principal Financial Group, Inc. Parent Only
       
Assets        
Investment in unconsolidated entities 12,326.6 11,956.2    
Other investments 9.2 9.3    
Cash and cash equivalents 91.4 131.5 112.7 207.1
Accrued investment income 0.1      
Other assets 59.1 59.2    
Total assets 12,486.4 12,156.2    
Liabilities        
Long-term debt 2,448.8 2,448.8    
Income taxes currently payable (0.3)      
Deferred income taxes 0.3      
Other liabilities 49.7 23.2    
Total liabilities 2,498.5 2,472.0    
Stockholders' equity        
Common stock 4.6 4.6    
Additional paid-in capital 9,813.1 9,798.9    
Retained earnings (accumulated deficit) 5,605.3 5,405.4    
Accumulated other comprehensive income 361.8 183.2    
Treasury stock, at cost (166.1 million and 164.1 million shares in 2014 and 2013) (5,797.0) (5,708.0)    
Total stockholders' equity attributable to Principal Financial Group, Inc. 9,987.9 9,684.2    
Total stockholders' equity 9,987.9 9,684.2    
Total liabilities and stockholders' equity 12,486.4 12,156.2    
Principal Life Insurance Company Only
       
Assets        
Fixed maturities, available-for-sale 44,037.2 42,794.7    
Fixed maturities, trading 254.3 245.5    
Equity securities, available-for-sale 108.3 102.6    
Equity securities, trading 0.3 0.3    
Mortgage loans 10,521.3 10,501.5    
Real estate 7.8 7.9    
Policy loans 815.6 830.1    
Investment in unconsolidated entities 3,123.2 3,396.8    
Other investments 2,348.8 1,892.4    
Cash and cash equivalents 368.4 1,332.2 711.1 1,698.4
Accrued investment income 481.9 474.5    
Premiums due and other receivables 1,080.8 1,029.0    
Deferred acquisition costs 2,809.3 2,848.8    
Property and equipment 454.5 422.1    
Goodwill 54.3 54.3    
Other intangibles 26.6 26.9    
Separate account assets 86,550.3 83,790.2    
Other assets 1,007.3 976.9    
Total assets 154,050.2 150,726.7    
Liabilities        
Contractholder funds 34,641.7 34,918.0    
Future policy benefits and claims 18,763.1 18,292.9    
Other policyholder funds 733.4 705.1    
Long-term debt   99.4    
Deferred income taxes 131.8 (25.0)    
Separate account liabilities 86,550.3 83,790.2    
Other liabilities 5,202.8 5,204.8    
Total liabilities 146,023.1 142,985.4    
Stockholders' equity        
Common stock 2.5 2.5    
Additional paid-in capital 5,477.0 5,505.0    
Retained earnings (accumulated deficit) 1,862.2 1,738.1    
Accumulated other comprehensive income 685.4 495.7    
Total stockholders' equity attributable to Principal Financial Group, Inc. 8,027.1 7,741.3    
Total stockholders' equity 8,027.1 7,741.3    
Total liabilities and stockholders' equity 154,050.2 150,726.7    
Principal Financial Services, Inc. and Other Subsidiaries Combined
       
Assets        
Fixed maturities, available-for-sale 6,406.8 6,357.5    
Fixed maturities, trading 321.0 317.6    
Equity securities, available-for-sale 27.8 7.9    
Equity securities, trading 723.9 716.6    
Mortgage loans 1,295.2 1,345.9    
Real estate 1,383.0 1,263.7    
Policy loans 28.2 29.6    
Investment in unconsolidated entities 5,206.8 4,891.6    
Other investments 1,267.4 1,238.8    
Cash and cash equivalents 761.2 894.5 751.9 2,286.9
Accrued investment income 59.7 59.0    
Premiums due and other receivables 1,820.2 1,814.5    
Deferred acquisition costs 236.3 228.2    
Property and equipment 91.5 78.6    
Goodwill 1,020.9 1,046.0    
Other intangibles 1,395.2 1,432.1    
Separate account assets 46,254.3 46,228.2    
Other assets 2,154.8 2,115.3    
Total assets 70,454.2 70,065.6    
Liabilities        
Contractholder funds 1,389.8 1,330.7    
Future policy benefits and claims 4,587.7 4,625.0    
Other policyholder funds 58.9 54.2    
Short-term debt 148.8 150.6    
Long-term debt 405.3 367.0    
Income taxes currently payable 108.0 67.4    
Deferred income taxes 935.9 1,030.1    
Separate account liabilities 46,254.3 46,228.2    
Other liabilities 3,884.2 3,911.8    
Total liabilities 57,772.9 57,765.0    
Redeemable noncontrolling interest 280.2 247.2    
Stockholders' equity        
Additional paid-in capital 9,144.5 9,163.7    
Retained earnings (accumulated deficit) 2,790.4 2,578.2    
Accumulated other comprehensive income 391.7 214.3    
Total stockholders' equity attributable to Principal Financial Group, Inc. 12,326.6 11,956.2    
Noncontrolling interest 74.5 97.2    
Total stockholders' equity 12,401.1 12,053.4    
Total liabilities and stockholders' equity 70,454.2 70,065.6    
Eliminations, Notes Guarantor
       
Assets        
Fixed maturities, available-for-sale (395.9) (395.1)    
Mortgage loans (338.1) (313.8)    
Investment in unconsolidated entities (19,767.6) (19,364.6)    
Other investments (1,604.0) (1,076.1)    
Cash and cash equivalents 172.1 13.6 85.5 (15.2)
Accrued investment income (1.3) (1.4)    
Premiums due and other receivables (1,701.7) (1,602.5)    
Other assets (2,160.4) (2,017.2)    
Total assets (25,796.9) (24,757.1)    
Liabilities        
Contractholder funds (295.2) (290.4)    
Future policy benefits and claims (324.6) (291.7)    
Other policyholder funds (0.7) (0.4)    
Long-term debt (338.1) (313.8)    
Income taxes currently payable (101.3) (62.2)    
Deferred income taxes (178.3) (181.1)    
Other liabilities (4,200.5) (3,915.6)    
Total liabilities (5,438.7) (5,055.2)    
Stockholders' equity        
Common stock (2.5) (2.5)    
Additional paid-in capital (14,621.5) (14,668.7)    
Retained earnings (accumulated deficit) (4,652.6) (4,316.3)    
Accumulated other comprehensive income (1,077.1) (710.0)    
Total stockholders' equity attributable to Principal Financial Group, Inc. (20,353.7) (19,697.5)    
Noncontrolling interest (4.5) (4.4)    
Total stockholders' equity (20,358.2) (19,701.9)    
Total liabilities and stockholders' equity (25,796.9) (24,757.1)    
Series A
       
Stockholders' equity        
Preferred stock, value          
Total stockholders' equity 0 0 0 0
Series B
       
Stockholders' equity        
Preferred stock, value 0.1 0.1    
Total stockholders' equity 0.1 0.1 0.1 0.1
Series B | Principal Financial Group, Inc. Parent Only
       
Stockholders' equity        
Preferred stock, value $ 0.1 $ 0.1