XML 30 R87.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidating Financial Information (Details 6) (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Operating activities    
Net cash provided by (used in) operating activities $ 2,197.6 $ 1,397.9
Investing activities    
Available-for-sale securities: Purchases (6,596.0) (7,012.3)
Available-for-sale securities: Sales 1,871.5 1,626.7
Available-for-sale securities: Maturities 4,499.3 5,783.2
Mortgage loans acquired or originated (1,614.2) (2,020.0)
Mortgage loans sold or repaid 1,319.8 1,570.8
Real estate acquired (246.8) (59.0)
Net (purchases) sales of property and equipment (117.5) (22.7)
Purchases of interest in subsidiaries, net of cash acquired   (1,268.3)
Net change in other investments 56.6 (31.2)
Net cash provided by (used in) investing activities (827.3) (1,432.8)
Financing activities    
Issuance of common stock 69.6 80.2
Acquisition of treasury stock (222.5) (153.4)
Proceeds from financing element derivatives 14.9 46.7
Payments for financing element derivatives (41.5) (36.9)
Excess tax benefits from share-based payment arrangements 8.6 8.6
Purchase of subsidiary shares from noncontrolling interest (222.4) (51.4)
Sale of subsidiary shares to noncontrolling interest   31.8
Dividends to common stockholders (276.7) (211.7)
Dividends to preferred stockholders (24.7) (24.7)
Issuance of long-term debt 36.5 24.1
Principal repayments of long-term debt (100.3) (212.2)
Net proceeds from (repayments of) short-term borrowings (20.5) 131.6
Investment contract deposits 4,184.3 5,270.2
Investment contract withdrawals (5,864.3) (7,055.6)
Net increase (decrease) in banking operation deposits (2.3) (276.2)
Other (10.0) (6.3)
Net cash provided by (used in) financing activities (2,471.3) (2,435.2)
Net increase (decrease) in cash and cash equivalents (1,101.0) (2,470.1)
Cash and cash equivalents at beginning of period 2,371.8 4,177.2
Cash and cash equivalents at end of period 1,270.8 1,707.1
Principal Financial Group, Inc. Parent Only
   
Operating activities    
Net cash provided by (used in) operating activities (42.3) (12.8)
Investing activities    
Dividends and returns of capital received from (contributions to) unconsolidated entities 517.5 169.3
Net change in other investments (2.0) (3.2)
Net cash provided by (used in) investing activities 515.5 166.1
Financing activities    
Issuance of common stock 69.6 80.2
Acquisition of treasury stock (222.5) (153.4)
Excess tax benefits from share-based payment arrangements 0.3  
Dividends to common stockholders (276.7) (211.7)
Dividends to preferred stockholders (24.7) (24.7)
Net cash provided by (used in) financing activities (454.0) (309.6)
Net increase (decrease) in cash and cash equivalents 19.2 (156.3)
Cash and cash equivalents at beginning of period 131.5 207.1
Cash and cash equivalents at end of period 150.7 50.8
Principal Financial Services, Inc. Only
   
Operating activities    
Net cash provided by (used in) operating activities (373.5) 870.9
Investing activities    
Dividends and returns of capital received from (contributions to) unconsolidated entities 714.0 (809.2)
Net change in other investments (98.7) (13.9)
Net cash provided by (used in) investing activities 615.3 (823.1)
Financing activities    
Capital received from (dividends and capital paid to) parent (517.5) (169.3)
Net cash provided by (used in) financing activities (517.5) (169.3)
Net increase (decrease) in cash and cash equivalents (275.7) (121.5)
Cash and cash equivalents at beginning of period 688.7 612.5
Cash and cash equivalents at end of period 413.0 491.0
Principal Life Insurance Company and Other Subsidiaries Combined
   
Operating activities    
Net cash provided by (used in) operating activities 2,335.4 1,473.4
Investing activities    
Available-for-sale securities: Purchases (6,596.0) (7,012.3)
Available-for-sale securities: Sales 1,871.5 1,626.7
Available-for-sale securities: Maturities 4,499.3 5,783.2
Mortgage loans acquired or originated (1,614.2) (2,020.0)
Mortgage loans sold or repaid 1,319.8 1,570.8
Real estate acquired (246.8) (59.0)
Net (purchases) sales of property and equipment (117.5) (22.7)
Purchases of interest in subsidiaries, net of cash acquired   (1,268.3)
Net change in other investments 185.2 (14.1)
Net cash provided by (used in) investing activities (698.7) (1,415.7)
Financing activities    
Proceeds from financing element derivatives 14.9 46.7
Payments for financing element derivatives (41.5) (36.9)
Excess tax benefits from share-based payment arrangements 8.3 8.6
Purchase of subsidiary shares from noncontrolling interest (222.4) (51.4)
Sale of subsidiary shares to noncontrolling interest   31.8
Issuance of long-term debt 36.5 1,108.4
Principal repayments of long-term debt (100.3) (212.2)
Net proceeds from (repayments of) short-term borrowings (113.5) (2,113.2)
Capital received from (dividends and capital paid to) parent (714.0) 809.2
Investment contract deposits 4,184.3 5,270.2
Investment contract withdrawals (5,864.3) (7,055.6)
Net increase (decrease) in banking operation deposits (2.3) (276.2)
Other (10.0) (6.3)
Net cash provided by (used in) financing activities (2,824.3) (2,476.9)
Net increase (decrease) in cash and cash equivalents (1,187.6) (2,419.2)
Cash and cash equivalents at beginning of period 2,384.0 4,241.3
Cash and cash equivalents at end of period 1,196.4 1,822.1
Eliminations, Shelf Registration Debt Guarantor
   
Operating activities    
Net cash provided by (used in) operating activities 278.0 (933.6)
Investing activities    
Dividends and returns of capital received from (contributions to) unconsolidated entities (1,231.5) 639.9
Net change in other investments (27.9)  
Net cash provided by (used in) investing activities (1,259.4) 639.9
Financing activities    
Issuance of long-term debt   (1,084.3)
Net proceeds from (repayments of) short-term borrowings 93.0 2,244.8
Capital received from (dividends and capital paid to) parent 1,231.5 (639.9)
Net cash provided by (used in) financing activities 1,324.5 520.6
Net increase (decrease) in cash and cash equivalents 343.1 226.9
Cash and cash equivalents at beginning of period (832.4) (883.7)
Cash and cash equivalents at end of period $ (489.3) $ (656.8)