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Condensed Consolidating Financial Information - Guarantor, Statements of Cash Flows (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating activities    
Net cash provided by (used in) operating activities $ 522.9 $ 895.5
Investing activities    
Available-for-sale securities: Purchases (4,307.0) (3,558.6)
Available-for-sale securities: Sales 333.7 205.5
Available-for-sale securities: Maturities 2,460.8 1,616.0
Mortgage loans acquired or originated (473.8) (475.9)
Mortgage loans sold or repaid 329.3 479.3
Real estate acquired (90.8) (44.5)
Real estate sold 47.1 15.0
Net (purchases) sales of property and equipment (43.8) (44.2)
Net change in other investments (86.5) (45.9)
Net cash provided by (used in) investing activities (1,831.0) (1,853.3)
Financing activities    
Issuance of common stock 70.8 10.0
Acquisition of treasury stock (142.8) (105.6)
Proceeds from financing element derivatives 0.1  
Payments for financing element derivatives (20.9) (21.3)
Excess tax benefits from share-based payment arrangements   5.0
Purchase of subsidiary shares from noncontrolling interest   (2.3)
Dividends to common stockholders (130.0) (110.4)
Issuance of long-term debt   3.2
Net proceeds from (repayments of) short-term borrowings 7.6 (59.9)
Investment contract deposits 2,629.1 3,976.3
Investment contract withdrawals (2,303.9) (3,166.3)
Net increase (decrease) in banking operation deposits 6.8 4.0
Other 6.4 3.2
Net cash provided by (used in) financing activities 123.2 535.9
Net increase (decrease) in cash and cash equivalents (1,184.9) (421.9)
Cash and cash equivalents at beginning of period 2,719.6 2,564.8
Cash and cash equivalents at end of period 1,534.7 2,142.9
Principal Financial Group, Inc. Parent Only    
Operating activities    
Net cash provided by (used in) operating activities 37.1 (3.4)
Investing activities    
Dividends and returns of capital received from (contributed to) unconsolidated entities 249.9 369.8
Net change in other investments (5.0) (4.9)
Net cash provided by (used in) investing activities 244.9 364.9
Financing activities    
Issuance of common stock 70.8 10.0
Acquisition of treasury stock (142.8) (105.6)
Excess tax benefits from share-based payment arrangements   0.1
Dividends to common stockholders (130.0) (110.4)
Net cash provided by (used in) financing activities (202.0) (205.9)
Net increase (decrease) in cash and cash equivalents 80.0 155.6
Cash and cash equivalents at beginning of period 882.6 578.7
Cash and cash equivalents at end of period 962.6 734.3
Principal Life Insurance Company Only    
Operating activities    
Net cash provided by (used in) operating activities 1,498.3 998.3
Investing activities    
Available-for-sale securities: Purchases (3,933.1) (3,374.1)
Available-for-sale securities: Sales 205.5 134.8
Available-for-sale securities: Maturities 2,189.4 1,486.4
Mortgage loans acquired or originated (445.0) (430.2)
Mortgage loans sold or repaid 298.5 420.4
Real estate acquired   (0.1)
Real estate sold   3.5
Net (purchases) sales of property and equipment (35.9) (33.3)
Dividends and returns of capital received from (contributed to) unconsolidated entities 0.4 0.8
Net change in other investments (175.9) (47.4)
Net cash provided by (used in) investing activities (1,896.1) (1,839.2)
Financing activities    
Proceeds from financing element derivatives 0.1  
Payments for financing element derivatives (20.9) (21.3)
Excess tax benefits from share-based payment arrangements   1.8
Capital received from (dividends and capital paid to) parent (174.9) (319.8)
Investment contract deposits 2,536.0 3,903.7
Investment contract withdrawals (2,293.5) (3,161.9)
Other 6.4 3.2
Net cash provided by (used in) financing activities 53.2 405.7
Net increase (decrease) in cash and cash equivalents (344.6) (435.2)
Cash and cash equivalents at beginning of period 675.1 1,127.9
Cash and cash equivalents at end of period 330.5 692.7
Principal Financial Services, Inc. and Other Subsidiaries Combined    
Operating activities    
Net cash provided by (used in) operating activities (19.1) 212.4
Investing activities    
Available-for-sale securities: Purchases (373.9) (186.7)
Available-for-sale securities: Sales 146.5 70.7
Available-for-sale securities: Maturities 271.4 129.6
Mortgage loans acquired or originated (91.4) (56.0)
Mortgage loans sold or repaid 57.1 60.5
Real estate acquired (90.8) (44.4)
Real estate sold 47.1 11.5
Net (purchases) sales of property and equipment (7.9) (10.9)
Dividends and returns of capital received from (contributed to) unconsolidated entities 174.9 319.8
Net change in other investments (295.1) (284.9)
Net cash provided by (used in) investing activities (162.1) 9.2
Financing activities    
Excess tax benefits from share-based payment arrangements   3.1
Purchase of subsidiary shares from noncontrolling interest   (2.3)
Issuance of long-term debt 61.6 11.8
Principal repayments of long-term debt (26.3) (1.6)
Net proceeds from (repayments of) short-term borrowings 7.6 (59.9)
Capital received from (dividends and capital paid to) parent (250.3) (370.6)
Investment contract deposits 93.1 72.6
Investment contract withdrawals (10.4) (4.4)
Net increase (decrease) in banking operation deposits 6.8 4.0
Net cash provided by (used in) financing activities (117.9) (347.3)
Net increase (decrease) in cash and cash equivalents (299.1) (125.7)
Cash and cash equivalents at beginning of period 2,082.8 1,253.7
Cash and cash equivalents at end of period 1,783.7 1,128.0
Eliminations, Notes Guarantor    
Operating activities    
Net cash provided by (used in) operating activities (993.4) (311.8)
Investing activities    
Available-for-sale securities: Purchases   2.2
Available-for-sale securities: Sales (18.3)  
Mortgage loans acquired or originated 62.6 10.3
Mortgage loans sold or repaid (26.3) (1.6)
Dividends and returns of capital received from (contributed to) unconsolidated entities (425.2) (690.4)
Net change in other investments 389.5 291.3
Net cash provided by (used in) investing activities (17.7) (388.2)
Financing activities    
Issuance of long-term debt (61.6) (8.6)
Principal repayments of long-term debt 26.3 1.6
Capital received from (dividends and capital paid to) parent 425.2 690.4
Net cash provided by (used in) financing activities 389.9 683.4
Net increase (decrease) in cash and cash equivalents (621.2) (16.6)
Cash and cash equivalents at beginning of period (920.9) (395.5)
Cash and cash equivalents at end of period $ (1,542.1) $ (412.1)