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Condensed Consolidating Financial Information (Details 3) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating activities    
Net cash provided by (used in) operating activities $ 3,323.0 $ 2,197.6
Investing activities    
Available-for-sale securities: Purchases (7,052.6) (6,596.0)
Available-for-sale securities: Sales 1,410.8 1,871.5
Available-for-sale securities: Maturities 5,020.5 4,499.3
Mortgage loans acquired or originated (1,658.0) (1,614.2)
Mortgage loans sold or repaid 1,175.3 1,319.8
Real estate acquired (255.8) (246.8)
Net (purchases) sales of property and equipment (96.3) (117.5)
Purchases of interest in subsidiaries, net of cash acquired (293.7)  
Net change in other investments (17.0) 56.6
Net cash provided by (used in) investing activities (1,766.8) (827.3)
Financing activities    
Issuance of common stock 71.5 69.6
Acquisition of treasury stock (188.2) (222.5)
Proceeds from financing element derivatives 0.2 14.9
Payments for financing element derivatives (60.9) (41.5)
Excess tax benefits from share-based payment arrangements 15.2 8.6
Purchase of subsidiary shares from noncontrolling interest (22.5) (222.4)
Dividends to common stockholders (330.2) (276.7)
Dividends to preferred stockholders (16.5) (24.7)
Preferred stock redemption (550.0)  
Issuance of long-term debt 800.4 36.5
Principal repayments of long-term debt (52.6) (100.3)
Net proceeds from (repayments of) short-term borrowings 197.2 (20.5)
Investment contract deposits 4,190.3 4,184.3
Investment contract withdrawals (4,974.3) (5,864.3)
Net increase (decrease) in banking operation deposits 24.9 (2.3)
Other (10.4) (10.0)
Net cash provided by (used in) financing activities (905.9) (2,471.3)
Net increase (decrease) in cash and cash equivalents 650.3 (1,101.0)
Cash and cash equivalents at beginning of period 1,863.9 2,371.8
Cash and cash equivalents at end of period 2,514.2 1,270.8
Principal Financial Group, Inc. Parent Only    
Operating activities    
Net cash provided by (used in) operating activities (40.4) (42.3)
Investing activities    
Dividends and returns of capital received from (contributions to) unconsolidated entities 425.5 517.5
Net change in other investments 1.5 (2.0)
Net cash provided by (used in) investing activities 427.0 515.5
Financing activities    
Issuance of common stock 71.5 69.6
Acquisition of treasury stock (188.2) (222.5)
Excess tax benefits from share-based payment arrangements 0.7 0.3
Dividends to common stockholders (330.2) (276.7)
Dividends to preferred stockholders (16.5) (24.7)
Preferred stock redemption (550.0)  
Issuance of long-term debt 791.8  
Net cash provided by (used in) financing activities (220.9) (454.0)
Net increase (decrease) in cash and cash equivalents 165.7 19.2
Cash and cash equivalents at beginning of period 412.4 131.5
Cash and cash equivalents at end of period 578.1 150.7
Principal Life Insurance Company Only    
Operating activities    
Net cash provided by (used in) operating activities 3,038.3 1,729.9
Investing activities    
Available-for-sale securities: Purchases (6,241.4) (5,902.2)
Available-for-sale securities: Sales 834.3 1,559.7
Available-for-sale securities: Maturities 4,436.6 4,149.4
Mortgage loans acquired or originated (1,573.8) (1,620.6)
Mortgage loans sold or repaid 1,011.2 1,291.5
Real estate acquired (0.3) (0.6)
Net (purchases) sales of property and equipment (77.7) (90.3)
Dividends and returns of capital received from (contributions to) unconsolidated entities (1.5) 263.5
Net change in other investments 169.7 (83.6)
Net cash provided by (used in) investing activities (1,442.9) (433.2)
Financing activities    
Issuance of common stock   (0.2)
Proceeds from financing element derivatives 0.2 14.9
Payments for financing element derivatives (60.9) (41.5)
Excess tax benefits from share-based payment arrangements 5.5 3.7
Principal repayments of long-term debt   (100.0)
Capital received from (dividends and capital paid to) parent (225.6) (467.5)
Investment contract deposits 3,988.0 3,978.2
Investment contract withdrawals (4,966.3) (5,857.3)
Other (10.4) (10.1)
Net cash provided by (used in) financing activities (1,269.5) (2,479.8)
Net increase (decrease) in cash and cash equivalents 325.9 (1,183.1)
Cash and cash equivalents at beginning of period 602.7 1,332.2
Cash and cash equivalents at end of period 928.6 149.1
Principal Financial Services, Inc. and Other Subsidiaries Combined    
Operating activities    
Net cash provided by (used in) operating activities 316.7 504.6
Investing activities    
Available-for-sale securities: Purchases (811.3) (705.1)
Available-for-sale securities: Sales 576.5 311.8
Available-for-sale securities: Maturities 583.9 349.9
Mortgage loans acquired or originated (246.5) (118.1)
Mortgage loans sold or repaid 205.1 137.6
Real estate acquired (255.5) (246.2)
Net (purchases) sales of property and equipment (18.6) (27.2)
Purchases of interest in subsidiaries, net of cash acquired (293.7)  
Dividends and returns of capital received from (contributions to) unconsolidated entities 225.6 467.5
Net change in other investments (167.1) 34.9
Net cash provided by (used in) investing activities (201.6) 205.1
Financing activities    
Issuance of common stock   0.2
Excess tax benefits from share-based payment arrangements 9.0 4.6
Purchase of subsidiary shares from noncontrolling interest (23.1) (222.7)
Sale of subsidiary shares to noncontrolling interest 0.6 0.3
Issuance of long-term debt 167.2 138.9
Principal repayments of long-term debt (94.8) (87.4)
Net proceeds from (repayments of) short-term borrowings 197.2 (20.5)
Capital received from (dividends and capital paid to) parent (424.0) (781.0)
Investment contract deposits 202.3 206.1
Investment contract withdrawals (8.0) (7.0)
Net increase (decrease) in banking operation deposits 24.9 (2.3)
Other   0.1
Net cash provided by (used in) financing activities 51.3 (770.7)
Net increase (decrease) in cash and cash equivalents 166.4 (61.0)
Cash and cash equivalents at beginning of period 1,253.6 894.5
Cash and cash equivalents at end of period 1,420.0 833.5
Eliminations, Notes Guarantor    
Operating activities    
Net cash provided by (used in) operating activities 8.4 5.4
Investing activities    
Available-for-sale securities: Purchases 0.1 11.3
Mortgage loans acquired or originated 162.3 124.5
Mortgage loans sold or repaid (41.0) (109.3)
Dividends and returns of capital received from (contributions to) unconsolidated entities (649.6) (1,248.5)
Net change in other investments (21.1) 107.3
Net cash provided by (used in) investing activities (549.3) (1,114.7)
Financing activities    
Purchase of subsidiary shares from noncontrolling interest 0.6 0.3
Sale of subsidiary shares to noncontrolling interest (0.6) (0.3)
Issuance of long-term debt (158.6) (102.4)
Principal repayments of long-term debt 42.2 87.1
Capital received from (dividends and capital paid to) parent 649.6 1,248.5
Net cash provided by (used in) financing activities 533.2 1,233.2
Net increase (decrease) in cash and cash equivalents (7.7) 123.9
Cash and cash equivalents at beginning of period (404.8) 13.6
Cash and cash equivalents at end of period $ (412.5) $ 137.5