XML 54 R83.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidating Financial Information (Details 2) (USD $)
In Millions, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenues        
Premiums and other considerations $ 875.8 $ 703.0 $ 2,514.8 $ 2,134.9
Fees and other revenues 884.5 803.0 2,569.7 2,340.4
Net investment income (loss) 770.4 784.5 2,444.1 2,323.5
Net realized capital gains (losses), excluding impairment losses on available-for-sale securities (24.5) (29.7) 105.0 (109.5)
Net other-than-temporary impairment (losses) recoveries on available-for-sale securities (7.3) (11.9) 18.5 (81.2)
Other-than-temporary impairment losses on fixed maturities, available-for-sale reclassified to (from) other comprehensive income (14.6) (9.3) (82.5) 8.8
Net impairment losses on available-for-sale securities     (64.0) (72.4)
Net realized capital gains (losses) (46.4) (50.9) 41.0 (181.9)
Total revenues 2,484.3 2,239.6 7,569.6 6,616.9
Expenses        
Benefits, claims and settlement expenses 1,113.8 1,096.2 3,609.7 3,286.4
Dividends to policyholders 44.2 48.5 134.5 144.3
Operating expenses 932.5 774.6 2,647.7 2,372.1
Total expenses 2,090.5 1,919.3 6,391.9 5,802.8
Income (loss) before income taxes 393.8 320.3 1,177.7 814.1
Income taxes (benefits) 141.0 61.2 281.6 128.4
Net income (loss) 252.8 259.1 896.1 685.7
Net income (loss) attributable to noncontrolling interest 3.9 5.2 30.7 14.7
Net income (loss) attributable to Principal Financial Group, Inc. 248.9 253.9 865.4 671.0
Preferred stock dividends 8.2 8.2 24.7 24.7
Net income (loss) available to common stockholders 240.7 245.7 840.7 646.3
Net income (loss) 252.8 259.1 896.1 685.7
Other comprehensive income (loss) (225.9) (18.0) 190.1 (668.3)
Comprehensive income (loss) 26.9 241.1 1,086.2 17.4
Principal Financial Group, Inc. Parent Only
       
Revenues        
Net investment income (loss)     0.4 0.4
Net realized capital gains (losses), excluding impairment losses on available-for-sale securities       6.3
Net realized capital gains (losses)       6.3
Total revenues     0.4 6.7
Expenses        
Operating expenses     106.8 105.2
Total expenses     106.8 105.2
Income (loss) before income taxes     (106.4) (98.5)
Income taxes (benefits)     (42.7) (39.4)
Equity in the net income (loss) of subsidiaries     929.1 730.1
Net income (loss)     865.4 671.0
Net income (loss) attributable to Principal Financial Group, Inc.     865.4 671.0
Preferred stock dividends     24.7 24.7
Net income (loss) available to common stockholders     840.7 646.3
Net income (loss)     865.4 671.0
Other comprehensive income (loss)     129.6 (683.9)
Comprehensive income (loss)     995.0 (12.9)
Principal Life Insurance Company Only
       
Revenues        
Premiums and other considerations     2,200.5 1,853.6
Fees and other revenues     1,407.5 1,272.3
Net investment income (loss)     1,719.4 1,775.7
Net realized capital gains (losses), excluding impairment losses on available-for-sale securities     674.1 (630.7)
Net other-than-temporary impairment (losses) recoveries on available-for-sale securities     27.7 (75.4)
Other-than-temporary impairment losses on fixed maturities, available-for-sale reclassified to (from) other comprehensive income     (84.5) 11.4
Net impairment losses on available-for-sale securities     (56.8) (64.0)
Net realized capital gains (losses)     617.3 (694.7)
Total revenues     5,944.7 4,206.9
Expenses        
Benefits, claims and settlement expenses     3,083.8 2,828.8
Dividends to policyholders     134.5 144.3
Operating expenses     1,624.3 1,378.6
Total expenses     4,842.6 4,351.7
Income (loss) before income taxes     1,102.1 (144.8)
Income taxes (benefits)     260.6 (136.0)
Equity in the net income (loss) of subsidiaries     (125.0) 530.2
Net income (loss)     716.5 521.4
Net income (loss) attributable to Principal Financial Group, Inc.     716.5 521.4
Net income (loss) available to common stockholders     716.5 521.4
Net income (loss)     716.5 521.4
Other comprehensive income (loss)     334.8 (438.6)
Comprehensive income (loss)     1,051.3 82.8
Principal Financial Services, Inc. and Other Subsidiaries Combined
       
Revenues        
Premiums and other considerations     314.3 281.3
Fees and other revenues     1,451.5 1,325.8
Net investment income (loss)     1,260.1 526.5
Net realized capital gains (losses), excluding impairment losses on available-for-sale securities     (569.1) 514.8
Net other-than-temporary impairment (losses) recoveries on available-for-sale securities     (9.2) (5.8)
Other-than-temporary impairment losses on fixed maturities, available-for-sale reclassified to (from) other comprehensive income     2.0 (2.6)
Net impairment losses on available-for-sale securities     (7.2) (8.4)
Net realized capital gains (losses)     (576.3) 506.4
Total revenues     2,449.6 2,640.0
Expenses        
Benefits, claims and settlement expenses     534.5 466.7
Operating expenses     1,156.4 1,113.2
Total expenses     1,690.9 1,579.9
Income (loss) before income taxes     758.7 1,060.1
Income taxes (benefits)     65.3 304.0
Equity in the net income (loss) of subsidiaries     266.4 (11.2)
Net income (loss)     959.8 744.9
Net income (loss) attributable to noncontrolling interest     30.7 14.8
Net income (loss) attributable to Principal Financial Group, Inc.     929.1 730.1
Net income (loss) available to common stockholders     929.1 730.1
Net income (loss)     959.8 744.9
Other comprehensive income (loss)     275.7 (225.6)
Comprehensive income (loss)     1,235.5 519.3
Eliminations, Notes Guarantor
       
Revenues        
Fees and other revenues     (289.3) (257.7)
Net investment income (loss)     (535.8) 20.9
Net realized capital gains (losses), excluding impairment losses on available-for-sale securities       0.1
Net realized capital gains (losses)       0.1
Total revenues     (825.1) (236.7)
Expenses        
Benefits, claims and settlement expenses     (8.6) (9.1)
Operating expenses     (239.8) (224.9)
Total expenses     (248.4) (234.0)
Income (loss) before income taxes     (576.7) (2.7)
Income taxes (benefits)     (1.6) (0.2)
Equity in the net income (loss) of subsidiaries     (1,070.5) (1,249.1)
Net income (loss)     (1,645.6) (1,251.6)
Net income (loss) attributable to noncontrolling interest       (0.1)
Net income (loss) attributable to Principal Financial Group, Inc.     (1,645.6) (1,251.5)
Net income (loss) available to common stockholders     (1,645.6) (1,251.5)
Net income (loss)     (1,645.6) (1,251.6)
Other comprehensive income (loss)     (550.0) 679.8
Comprehensive income (loss)     $ (2,195.6) $ (571.8)