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Condensed Consolidating Financial Information (Details 3) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Operating activities    
Net cash provided by (used in) operating activities $ 591.3 $ 595.9
Investing activities    
Available-for-sale securities: Purchases (2,659.5) (2,447.1)
Available-for-sale securities: Sales 475.3 503.1
Available-for-sale securities: Maturities 1,495.9 1,790.9
Mortgage loans acquired or originated (319.3) (610.9)
Mortgage loans sold or repaid 335.1 555.8
Real estate acquired (182.2) (23.4)
Net (purchases) sales of property and equipment (49.8) 6.7
Purchases of interest in subsidiaries, net of cash acquired   (1,268.3)
Net change in other investments 69.2 (32.2)
Net cash provided by (used in) investing activities (835.3) (1,525.4)
Financing activities    
Issuance of common stock 16.1 20.3
Acquisition of treasury stock (89.0) (90.9)
Proceeds from financing element derivatives 14.4 14.3
Payments for financing element derivatives (12.7) (12.7)
Excess tax benefits from share-based payment arrangements 4.9 3.8
Purchase of subsidiary shares from noncontrolling interest (25.3) (30.6)
Dividends to common stockholders (82.7) (67.6)
Issuance of long-term debt 14.0 3.5
Principal repayments of long-term debt (100.1) (0.4)
Net proceeds from (repayments of) short-term borrowings (0.3)  
Investment contract deposits 1,319.7 1,419.7
Investment contract withdrawals (1,751.5) (2,852.0)
Net increase (decrease) in banking operation deposits (39.1) 6.9
Other (3.1) (0.8)
Net cash provided by (used in) financing activities (734.7) (1,586.5)
Net increase (decrease) in cash and cash equivalents (978.7) (2,516.0)
Cash and cash equivalents at beginning of period 2,371.8 4,177.2
Cash and cash equivalents at end of period 1,393.1 1,661.2
Principal Financial Group, Inc. Parent Only
   
Operating activities    
Net cash provided by (used in) operating activities 1.1 28.0
Investing activities    
Dividends and returns of capital received from (contributions to) unconsolidated entities 116.5 18.8
Net change in other investments (2.2) (3.0)
Net cash provided by (used in) investing activities 114.3 15.8
Financing activities    
Issuance of common stock 16.1 20.3
Acquisition of treasury stock (89.0) (90.9)
Excess tax benefits from share-based payment arrangements 0.1  
Dividends to common stockholders (82.7) (67.6)
Net cash provided by (used in) financing activities (155.5) (138.2)
Net increase (decrease) in cash and cash equivalents (40.1) (94.4)
Cash and cash equivalents at beginning of period 131.5 207.1
Cash and cash equivalents at end of period 91.4 112.7
Principal Life Insurance Company Only
   
Operating activities    
Net cash provided by (used in) operating activities 301.4 812.7
Investing activities    
Available-for-sale securities: Purchases (2,430.9) (2,242.7)
Available-for-sale securities: Sales 428.7 392.7
Available-for-sale securities: Maturities 1,346.1 1,596.0
Mortgage loans acquired or originated (278.0) (573.2)
Mortgage loans sold or repaid 283.5 519.3
Real estate acquired   0.1
Net (purchases) sales of property and equipment (30.6) (2.0)
Dividends and returns of capital received from (contributions to) unconsolidated entities 66.6 25.4
Net change in other investments (2.7) 56.3
Net cash provided by (used in) investing activities (617.3) (228.1)
Financing activities    
Proceeds from financing element derivatives 14.4 14.3
Payments for financing element derivatives (12.7) (12.7)
Excess tax benefits from share-based payment arrangements 2.0 1.3
Principal repayments of long-term debt (100.0)  
Capital received from (dividends and capital paid to) parent (116.5) (15.8)
Investment contract deposits 1,319.7 1,292.1
Investment contract withdrawals (1,751.5) (2,850.3)
Other (3.3) (0.8)
Net cash provided by (used in) financing activities (647.9) (1,571.9)
Net increase (decrease) in cash and cash equivalents (963.8) (987.3)
Cash and cash equivalents at beginning of period 1,332.2 1,698.4
Cash and cash equivalents at end of period 368.4 711.1
Principal Financial Services, Inc. and Other Subsidiaries Combined
   
Operating activities    
Net cash provided by (used in) operating activities 116.0 (385.0)
Investing activities    
Available-for-sale securities: Purchases (228.6) (206.4)
Available-for-sale securities: Sales 46.6 128.7
Available-for-sale securities: Maturities 149.8 194.9
Mortgage loans acquired or originated (41.3) (59.8)
Mortgage loans sold or repaid 51.6 79.2
Real estate acquired (182.2) (23.5)
Net (purchases) sales of property and equipment (19.2) 8.7
Purchases of interest in subsidiaries, net of cash acquired   (1,268.3)
Dividends and returns of capital received from (contributions to) unconsolidated entities 116.5 15.8
Net change in other investments 64.2 (104.0)
Net cash provided by (used in) investing activities (42.6) (1,234.7)
Financing activities    
Excess tax benefits from share-based payment arrangements 2.8 2.5
Purchase of subsidiary shares from noncontrolling interest (25.3) (30.6)
Issuance of long-term debt 38.2 3.5
Principal repayments of long-term debt (0.1) 20.7
Net proceeds from (repayments of) short-term borrowings (0.3)  
Capital received from (dividends and capital paid to) parent (183.1) (44.2)
Investment contract deposits   127.6
Investment contract withdrawals   (1.7)
Net increase (decrease) in banking operation deposits (39.1) 6.9
Other 0.2  
Net cash provided by (used in) financing activities (206.7) 84.7
Net increase (decrease) in cash and cash equivalents (133.3) (1,535.0)
Cash and cash equivalents at beginning of period 894.5 2,286.9
Cash and cash equivalents at end of period 761.2 751.9
Eliminations, Notes Guarantor
   
Operating activities    
Net cash provided by (used in) operating activities 172.8 140.2
Investing activities    
Available-for-sale securities: Purchases   2.0
Available-for-sale securities: Sales   (18.3)
Mortgage loans acquired or originated   22.1
Mortgage loans sold or repaid   (42.7)
Dividends and returns of capital received from (contributions to) unconsolidated entities (299.6) (60.0)
Net change in other investments 9.9 18.5
Net cash provided by (used in) investing activities (289.7) (78.4)
Financing activities    
Issuance of long-term debt (24.2)  
Principal repayments of long-term debt   (21.1)
Capital received from (dividends and capital paid to) parent 299.6 60.0
Net cash provided by (used in) financing activities 275.4 38.9
Net increase (decrease) in cash and cash equivalents 158.5 100.7
Cash and cash equivalents at beginning of period 13.6 (15.2)
Cash and cash equivalents at end of period $ 172.1 $ 85.5