XML 90 R85.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidating Financial Information (Details) - USD ($)
$ in Millions
Sep. 30, 2015
Dec. 31, 2014
Sep. 30, 2014
Dec. 31, 2013
Assets        
Fixed maturities, available-for-sale $ 49,780.6 $ 49,670.8    
Fixed maturities, trading 710.2 604.6    
Equity securities, available-for-sale 465.3 123.0    
Equity securities, trading 869.1 840.2    
Mortgage loans 12,232.1 11,811.6    
Real estate 1,415.0 1,344.6    
Policy loans 822.8 829.2    
Investment in unconsolidated entities 590.4 815.8    
Other investments 2,680.0 2,394.0    
Cash and cash equivalents 2,514.2 1,863.9 $ 1,270.8 $ 2,371.8
Accrued investment income 566.8 505.9    
Premiums due and other receivables 1,401.6 1,213.0    
Deferred acquisition costs 3,145.0 2,993.0    
Property and equipment 611.6 590.2    
Goodwill 1,005.2 1,007.4    
Other intangibles 1,398.9 1,323.5    
Separate account assets 134,045.8 140,072.8    
Other assets 1,110.8 1,083.5    
Total assets 215,365.4 219,087.0    
Liabilities        
Contractholder funds 35,115.2 34,726.7    
Future policy benefits and claims 25,521.7 24,036.6    
Other policyholder funds 819.5 812.7    
Short-term debt 221.6 28.0    
Long-term debt 3,286.1 2,531.2    
Income taxes currently payable 16.7 11.5    
Deferred income taxes 878.8 1,035.3    
Separate account liabilities 134,045.8 140,072.8    
Other liabilities 5,696.2 5,542.2    
Total liabilities 205,601.6 208,797.0    
Redeemable noncontrolling interest 78.0 58.0 56.1 247.2
Stockholders' equity        
Common stock 4.7 4.6    
Additional paid-in capital 9,524.2 9,945.5    
Retained earnings (accumulated deficit) 6,734.7 6,114.1    
Accumulated other comprehensive income (524.4) 50.4    
Treasury stock, at cost (6,118.9) (5,930.7)    
Total stockholders' equity attributable to Principal Financial Group, Inc. 9,620.3 10,184.0    
Noncontrolling interest 65.5 48.0    
Total stockholders' equity 9,685.8 10,232.0 10,369.0 9,777.0
Total liabilities and stockholders' equity 215,365.4 219,087.0    
Principal Financial Group, Inc. Parent Only        
Assets        
Investment in unconsolidated entities 12,494.0 12,446.5    
Other investments 9.7 9.5    
Cash and cash equivalents 578.1 412.4 150.7 131.5
Other assets 452.7 450.7    
Total assets 13,534.5 13,319.1    
Liabilities        
Long-term debt 3,247.9 2,448.9    
Other liabilities 666.3 686.2    
Total liabilities 3,914.2 3,135.1    
Stockholders' equity        
Common stock 4.7 4.6    
Additional paid-in capital 9,524.2 9,945.5    
Retained earnings (accumulated deficit) 6,734.7 6,114.1    
Accumulated other comprehensive income (524.4) 50.4    
Treasury stock, at cost (6,118.9) (5,930.7)    
Total stockholders' equity attributable to Principal Financial Group, Inc. 9,620.3 10,184.0    
Total stockholders' equity 9,620.3 10,184.0    
Total liabilities and stockholders' equity 13,534.5 13,319.1    
Principal Life Insurance Company Only        
Assets        
Fixed maturities, available-for-sale 43,723.9 43,649.7    
Fixed maturities, trading 358.7 298.5    
Equity securities, available-for-sale 101.5 108.9    
Equity securities, trading 0.3 0.3    
Mortgage loans 11,527.0 10,972.6    
Real estate 6.4 7.0    
Policy loans 792.7 799.0    
Investment in unconsolidated entities 2,701.4 2,787.9    
Other investments 3,827.7 3,416.7    
Cash and cash equivalents 928.6 602.7 149.1 1,332.2
Accrued investment income 500.3 449.2    
Premiums due and other receivables 1,455.3 1,237.4    
Deferred acquisition costs 2,925.9 2,754.6    
Property and equipment 530.6 505.8    
Goodwill 54.3 54.3    
Other intangibles 24.9 25.7    
Separate account assets 92,088.8 94,328.4    
Other assets 913.8 873.2    
Total assets 162,462.1 162,871.9    
Liabilities        
Contractholder funds 32,593.0 33,428.3    
Future policy benefits and claims 21,564.0 19,768.1    
Other policyholder funds 737.9 742.8    
Income taxes currently payable 10.1      
Deferred income taxes 465.9 629.9    
Separate account liabilities 92,088.8 94,328.4    
Other liabilities 6,480.9 5,793.0    
Total liabilities 153,940.6 154,690.5    
Stockholders' equity        
Common stock 2.5 2.5    
Additional paid-in capital 5,322.2 5,275.0    
Retained earnings (accumulated deficit) 2,289.7 1,817.2    
Accumulated other comprehensive income 907.1 1,086.7    
Total stockholders' equity attributable to Principal Financial Group, Inc. 8,521.5 8,181.4    
Total stockholders' equity 8,521.5 8,181.4    
Total liabilities and stockholders' equity 162,462.1 162,871.9    
Principal Financial Services, Inc. and Other Subsidiaries Combined        
Assets        
Fixed maturities, available-for-sale 6,433.3 6,411.6    
Fixed maturities, trading 351.5 306.1    
Equity securities, available-for-sale 363.8 14.1    
Equity securities, trading 868.8 839.9    
Mortgage loans 1,174.3 1,188.6    
Real estate 1,408.6 1,337.6    
Policy loans 30.1 30.2    
Investment in unconsolidated entities 5,957.4 5,745.7    
Other investments 1,573.9 1,578.5    
Cash and cash equivalents 1,420.0 1,253.6 833.5 894.5
Accrued investment income 68.2 58.1    
Premiums due and other receivables 2,390.3 2,165.6    
Deferred acquisition costs 219.1 238.4    
Property and equipment 81.0 84.4    
Goodwill 950.9 953.1    
Other intangibles 1,374.0 1,297.8    
Separate account assets 41,957.0 45,744.4    
Other assets 3,093.7 2,768.6    
Total assets 69,715.9 72,016.3    
Liabilities        
Contractholder funds 2,838.1 1,607.5    
Future policy benefits and claims 4,461.2 4,718.2    
Other policyholder funds 82.6 70.4    
Short-term debt 221.6 28.0    
Long-term debt 489.9 417.5    
Income taxes currently payable 117.2 83.1    
Deferred income taxes 1,030.2 1,022.5    
Separate account liabilities 41,957.0 45,744.4    
Other liabilities 5,958.8 5,845.5    
Total liabilities 57,156.6 59,537.1    
Redeemable noncontrolling interest 78.0 58.0    
Stockholders' equity        
Additional paid-in capital 8,984.8 8,964.2    
Retained earnings (accumulated deficit) 3,504.1 2,858.6    
Accumulated other comprehensive income (77.8) 545.9    
Total stockholders' equity attributable to Principal Financial Group, Inc. 12,411.1 12,368.7    
Noncontrolling interest 70.2 52.5    
Total stockholders' equity 12,481.3 12,421.2    
Total liabilities and stockholders' equity 69,715.9 72,016.3    
Eliminations, Notes Guarantor        
Assets        
Fixed maturities, available-for-sale (376.6) (390.5)    
Mortgage loans (469.2) (349.6)    
Investment in unconsolidated entities (20,562.4) (20,164.3)    
Other investments (2,731.3) (2,610.7)    
Cash and cash equivalents (412.5) (404.8) $ 137.5 $ 13.6
Accrued investment income (1.7) (1.4)    
Premiums due and other receivables (2,444.0) (2,190.0)    
Other assets (3,349.4) (3,009.0)    
Total assets (30,347.1) (29,120.3)    
Liabilities        
Contractholder funds (315.9) (309.1)    
Future policy benefits and claims (503.5) (449.7)    
Other policyholder funds (1.0) (0.5)    
Long-term debt (451.7) (335.2)    
Income taxes currently payable (110.6) (71.6)    
Deferred income taxes (617.3) (617.1)    
Other liabilities (7,409.8) (6,782.5)    
Total liabilities (9,409.8) (8,565.7)    
Stockholders' equity        
Common stock (2.5) (2.5)    
Additional paid-in capital (14,307.0) (14,239.2)    
Retained earnings (accumulated deficit) (5,793.8) (4,675.8)    
Accumulated other comprehensive income (829.3) (1,632.6)    
Total stockholders' equity attributable to Principal Financial Group, Inc. (20,932.6) (20,550.1)    
Noncontrolling interest (4.7) (4.5)    
Total stockholders' equity (20,937.3) (20,554.6)    
Total liabilities and stockholders' equity $ (30,347.1) $ (29,120.3)    
Series A        
Stockholders' equity        
Preferred stock, value      
Series B        
Stockholders' equity        
Preferred stock, value   $ 0.1    
Series B | Principal Financial Group, Inc. Parent Only        
Stockholders' equity        
Preferred stock, value   $ 0.1