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Condensed Consolidating Financial Information (Details 6) - 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 Financial Services, Inc. Only    
Operating activities    
Net cash provided by (used in) operating activities 185.2 (373.5)
Investing activities    
Dividends and returns of capital received from (contributions to) unconsolidated entities 212.7 714.0
Net change in other investments (458.4) (98.7)
Net cash provided by (used in) investing activities (245.7) 615.3
Financing activities    
Issuance of long-term debt 156.0  
Capital received from (dividends and capital paid to) parent (425.5) (517.5)
Net cash provided by (used in) financing activities (269.5) (517.5)
Net increase (decrease) in cash and cash equivalents (330.0) (275.7)
Cash and cash equivalents at beginning of period 907.2 688.7
Cash and cash equivalents at end of period 577.2 413.0
Principal Life Insurance Company and Other Subsidiaries Combined    
Operating activities    
Net cash provided by (used in) operating activities 3,462.8 2,335.4
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 45.5 185.2
Net cash provided by (used in) investing activities (1,704.3) (698.7)
Financing activities    
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 14.5 8.3
Purchase of subsidiary shares from noncontrolling interest (22.5) (222.4)
Issuance of long-term debt 50.9 36.5
Principal repayments of long-term debt (94.9) (100.3)
Net proceeds from (repayments of) short-term borrowings 188.4 (113.5)
Capital received from (dividends and capital paid to) parent (212.7) (714.0)
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 (906.5) (2,824.3)
Net increase (decrease) in cash and cash equivalents 852.0 (1,187.6)
Cash and cash equivalents at beginning of period 1,598.0 2,384.0
Cash and cash equivalents at end of period 2,450.0 1,196.4
Eliminations, Shelf Registration Debt Guarantor    
Operating activities    
Net cash provided by (used in) operating activities (284.6) 278.0
Investing activities    
Dividends and returns of capital received from (contributions to) unconsolidated entities (638.2) (1,231.5)
Net change in other investments 394.4 (27.9)
Net cash provided by (used in) investing activities (243.8) (1,259.4)
Financing activities    
Issuance of long-term debt (198.3)  
Principal repayments of long-term debt 42.3  
Net proceeds from (repayments of) short-term borrowings 8.8 93.0
Capital received from (dividends and capital paid to) parent 638.2 1,231.5
Net cash provided by (used in) financing activities 491.0 1,324.5
Net increase (decrease) in cash and cash equivalents (37.4) 343.1
Cash and cash equivalents at beginning of period (1,053.7) (832.4)
Cash and cash equivalents at end of period $ (1,091.1) $ (489.3)