XML 101 R88.htm IDEA: XBRL DOCUMENT v3.4.0.3
Condensed Consolidating Financial Information - Shelf Registration 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 Financial Services, Inc. Only    
Operating activities    
Net cash provided by (used in) operating activities 67.2 (265.8)
Investing activities    
Dividends and returns of capital received from (contributions to) unconsolidated entities 220.4 159.1
Net change in other investments 23.7 (17.4)
Net cash provided by (used in) investing activities 244.1 141.7
Financing activities    
Issuance of long-term debt 3.0  
Principal repayments of long-term debt (10.0)  
Capital received from (dividends and capital paid to) parent (369.8) (225.4)
Net cash provided by (used in) financing activities (376.8) (225.4)
Net increase (decrease) in cash and cash equivalents (65.5) (349.5)
Cash and cash equivalents at beginning of period 730.5 907.2
Cash and cash equivalents at end of period 665.0 557.7
Principal Life Insurance Company and Other Subsidiaries Combined    
Operating activities    
Net cash provided by (used in) operating activities 866.8 653.5
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 (79.1) (43.6)
Net cash provided by (used in) investing activities (1,901.5) (225.0)
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 4.9 12.6
Purchase of subsidiary shares from noncontrolling interest (2.3) (8.7)
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 (49.3) 1.7
Capital received from (dividends and capital paid to) parent (220.4) (159.1)
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 532.0 (799.0)
Net increase (decrease) in cash and cash equivalents (502.7) (370.5)
Cash and cash equivalents at beginning of period 2,413.3 1,598.0
Cash and cash equivalents at end of period 1,910.6 1,227.5
Eliminations, Shelf Registration Debt Guarantor    
Operating activities    
Net cash provided by (used in) operating activities (35.1) 231.5
Investing activities    
Dividends and returns of capital received from (contributions to) unconsolidated entities (590.2) (384.5)
Net change in other investments 29.4 15.4
Net cash provided by (used in) investing activities (560.8) (369.1)
Financing activities    
Issuance of long-term debt (3.0)  
Principal repayments of long-term debt 10.0  
Net proceeds from (repayments of) short-term borrowings (10.6) (1.8)
Capital received from (dividends and capital paid to) parent 590.2 384.5
Net cash provided by (used in) financing activities 586.6 382.7
Net increase (decrease) in cash and cash equivalents (9.3) 245.1
Cash and cash equivalents at beginning of period (1,157.7) (1,053.7)
Cash and cash equivalents at end of period $ (1,167.0) $ (808.6)