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Condensed Consolidating Financial Information - Shelf Registration 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 Financial Services, Inc. Only    
Operating activities    
Net cash provided by (used in) operating activities 141.5 67.2
Investing activities    
Dividends and returns of capital received from (contributed to) unconsolidated entities 76.6 220.4
Net change in other investments 7.8 23.7
Net cash provided by (used in) investing activities 84.4 244.1
Financing activities    
Issuance of long-term debt 1.0 3.0
Principal repayments of long-term debt (9.8) (10.0)
Capital received from (dividends and capital paid to) parent (249.9) (369.8)
Net cash provided by (used in) financing activities (258.7) (376.8)
Net increase (decrease) in cash and cash equivalents (32.8) (65.5)
Cash and cash equivalents at beginning of period 1,203.4 730.5
Cash and cash equivalents at end of period 1,170.6 665.0
Principal Life Insurance Company and Other Subsidiaries Combined    
Operating activities    
Net cash provided by (used in) operating activities 942.5 866.8
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 (125.8) (94.1)
Net cash provided by (used in) investing activities (1,870.3) (1,901.5)
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   4.9
Purchase of subsidiary shares from noncontrolling interest   (2.3)
Issuance of long-term debt   3.2
Net proceeds from (repayments of) short-term borrowings 7.8 (49.3)
Capital received from (dividends and capital paid to) parent (76.6) (220.4)
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 248.8 532.0
Net increase (decrease) in cash and cash equivalents (679.0) (502.7)
Cash and cash equivalents at beginning of period 2,114.8 2,413.3
Cash and cash equivalents at end of period 1,435.8 1,910.6
Eliminations, Shelf Registration Debt Guarantor    
Operating activities    
Net cash provided by (used in) operating activities (598.2) (35.1)
Investing activities    
Dividends and returns of capital received from (contributed to) unconsolidated entities (326.5) (590.2)
Net change in other investments 36.5 29.4
Net cash provided by (used in) investing activities (290.0) (560.8)
Financing activities    
Issuance of long-term debt (1.0) (3.0)
Principal repayments of long-term debt 9.8 10.0
Net proceeds from (repayments of) short-term borrowings (0.2) (10.6)
Capital received from (dividends and capital paid to) parent 326.5 590.2
Net cash provided by (used in) financing activities 335.1 586.6
Net increase (decrease) in cash and cash equivalents (553.1) (9.3)
Cash and cash equivalents at beginning of period (1,481.2) (1,157.7)
Cash and cash equivalents at end of period $ (2,034.3) $ (1,167.0)