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Condensed Consolidating Financial Information - Guarantor, Statements of Cash Flows (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating activities    
Net cash provided by (used in) operating activities $ 895.5 $ 630.9
Investing activities    
Available-for-sale securities: Purchases (3,558.6) (2,220.1)
Available-for-sale securities: Sales 205.5 567.5
Available-for-sale securities: Maturities 1,616.0 1,694.3
Mortgage loans acquired or originated (475.9) (511.3)
Mortgage loans sold or repaid 479.3 408.9
Real estate acquired (44.5) (87.9)
Net (purchases) sales of property and equipment (44.2) (32.8)
Net change in other investments (30.9) (48.1)
Net cash provided by (used in) investing activities (1,853.3) (229.5)
Financing activities    
Issuance of common stock 10.0 17.9
Acquisition of treasury stock (105.6) (75.4)
Proceeds from financing element derivatives   0.2
Payments for financing element derivatives (21.3) (19.3)
Excess tax benefits from share-based payment arrangements 5.0 13.0
Purchase of subsidiary shares from noncontrolling interest (2.3) (8.7)
Dividends to common stockholders (110.4) (106.3)
Dividends to preferred stockholders   (8.2)
Issuance of long-term debt 3.2 3.1
Principal repayments of long-term debt   (19.8)
Net proceeds from (repayments of) short-term borrowings (59.9) (0.1)
Investment contract deposits 3,976.3 1,277.8
Investment contract withdrawals (3,166.3) (1,871.9)
Net increase (decrease) in banking operation deposits 4.0 (13.5)
Other 3.2 (2.1)
Net cash provided by (used in) financing activities 535.9 (813.3)
Net increase (decrease) in cash and cash equivalents (421.9) (411.9)
Cash and cash equivalents at beginning of period 2,564.8 1,863.9
Cash and cash equivalents at end of period 2,142.9 1,452.0
Principal Financial Group, Inc. Parent Only    
Operating activities    
Net cash provided by (used in) operating activities (3.4) 11.7
Investing activities    
Dividends and returns of capital received from (contributions to) unconsolidated entities 369.8 225.4
Net change in other investments (4.9) (2.5)
Net cash provided by (used in) investing activities 364.9 222.9
Financing activities    
Issuance of common stock 10.0 17.9
Acquisition of treasury stock (105.6) (75.4)
Excess tax benefits from share-based payment arrangements 0.1 0.4
Dividends to common stockholders (110.4) (106.3)
Dividends to preferred stockholders   (8.2)
Net cash provided by (used in) financing activities (205.9) (171.6)
Net increase (decrease) in cash and cash equivalents 155.6 63.0
Cash and cash equivalents at beginning of period 578.7 412.4
Cash and cash equivalents at end of period 734.3 475.4
Principal Life Insurance Company Only    
Operating activities    
Net cash provided by (used in) operating activities 998.3 594.0
Investing activities    
Available-for-sale securities: Purchases (3,374.1) (1,976.7)
Available-for-sale securities: Sales 134.8 463.4
Available-for-sale securities: Maturities 1,486.4 1,499.5
Mortgage loans acquired or originated (430.2) (526.9)
Mortgage loans sold or repaid 420.4 374.4
Real estate acquired (0.1) (0.3)
Net (purchases) sales of property and equipment (33.3) (26.7)
Dividends and returns of capital received from (contributions to) unconsolidated entities 0.8 (2.8)
Net change in other investments (43.9) (79.8)
Net cash provided by (used in) investing activities (1,839.2) (275.9)
Financing activities    
Proceeds from financing element derivatives   0.2
Payments for financing element derivatives (21.3) (19.3)
Excess tax benefits from share-based payment arrangements 1.8 4.7
Capital received from (dividends and capital paid to) parent (319.8) (125.4)
Investment contract deposits 3,903.7 1,204.7
Investment contract withdrawals (3,161.9) (1,869.7)
Other 3.2 (2.1)
Net cash provided by (used in) financing activities 405.7 (806.9)
Net increase (decrease) in cash and cash equivalents (435.2) (488.8)
Cash and cash equivalents at beginning of period 1,127.9 602.7
Cash and cash equivalents at end of period 692.7 113.9
Principal Financial Services, Inc. and Other Subsidiaries Combined    
Operating activities    
Net cash provided by (used in) operating activities 212.4 (141.8)
Investing activities    
Available-for-sale securities: Purchases (186.7) (243.4)
Available-for-sale securities: Sales 70.7 109.9
Available-for-sale securities: Maturities 129.6 194.8
Mortgage loans acquired or originated (56.0) (63.6)
Mortgage loans sold or repaid 60.5 61.5
Real estate acquired (44.4) (87.6)
Net (purchases) sales of property and equipment (10.9) (6.1)
Dividends and returns of capital received from (contributions to) unconsolidated entities 319.8 125.4
Net change in other investments (273.4) (141.5)
Net cash provided by (used in) investing activities 9.2 (50.6)
Financing activities    
Excess tax benefits from share-based payment arrangements 3.1 7.9
Purchase of subsidiary shares from noncontrolling interest (2.3) (8.7)
Issuance of long-term debt 11.8 70.3
Principal repayments of long-term debt (1.6) (47.8)
Net proceeds from (repayments of) short-term borrowings (59.9) (0.1)
Capital received from (dividends and capital paid to) parent (370.6) (222.6)
Investment contract deposits 72.6 73.1
Investment contract withdrawals (4.4) (2.2)
Net increase (decrease) in banking operation deposits 4.0 (13.5)
Net cash provided by (used in) financing activities (347.3) (143.6)
Net increase (decrease) in cash and cash equivalents (125.7) (336.0)
Cash and cash equivalents at beginning of period 1,253.7 1,253.6
Cash and cash equivalents at end of period 1,128.0 917.6
Eliminations, Notes Guarantor    
Operating activities    
Net cash provided by (used in) operating activities (311.8) 167.0
Investing activities    
Available-for-sale securities: Purchases 2.2  
Available-for-sale securities: Sales   (5.8)
Mortgage loans acquired or originated 10.3 79.2
Mortgage loans sold or repaid (1.6) (27.0)
Dividends and returns of capital received from (contributions to) unconsolidated entities (690.4) (348.0)
Net change in other investments 291.3 175.7
Net cash provided by (used in) investing activities (388.2) (125.9)
Financing activities    
Issuance of long-term debt (8.6) (67.2)
Principal repayments of long-term debt 1.6 28.0
Capital received from (dividends and capital paid to) parent 690.4 348.0
Net cash provided by (used in) financing activities 683.4 308.8
Net increase (decrease) in cash and cash equivalents (16.6) 349.9
Cash and cash equivalents at beginning of period (395.5) (404.8)
Cash and cash equivalents at end of period $ (412.1) $ (54.9)