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Condensed Consolidating Financial Information - Shelf Registration Guarantor, Statements of Cash Flows (Details) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating activities    
Net cash provided by (used in) operating activities $ 3,628.7 $ 2,927.3
Investing activities    
Available-for-sale securities: Purchases (10,425.7) (10,590.0)
Available-for-sale securities: Sales 1,011.2 1,138.1
Available-for-sale securities: Maturities 6,577.2 5,836.0
Mortgage loans acquired or originated (2,036.5) (2,116.3)
Mortgage loans sold or repaid 1,297.4 1,440.8
Real estate acquired (113.6) (90.2)
Real estate sold 457.1 35.5
Net (purchases) sales of property and equipment (133.3) (109.1)
Net change in other investments 48.5 (42.4)
Net cash provided by (used in) investing activities (3,317.7) (4,497.6)
Financing activities    
Issuance of common stock 143.1 25.7
Acquisition of treasury stock (218.1) (245.2)
Proceeds from financing element derivatives 0.1 0.3
Payments for financing element derivatives (59.5) (67.3)
Excess tax benefits from share-based payment arrangements   5.9
Purchase of subsidiary shares from noncontrolling interest (13.3) (2.4)
Dividends to common stockholders (398.5) (341.1)
Issuance of long-term debt   11.0
Principal repayments of long-term debt (56.2)  
Net proceeds from (repayments of) short-term borrowings 4.9 (143.4)
Investment contract deposits 8,244.4 8,108.5
Investment contract withdrawals (7,963.1) (6,201.4)
Net increase (decrease) in banking operation deposits 79.8 69.6
Other 0.8 3.5
Net cash provided by (used in) financing activities (235.6) 1,223.7
Net increase (decrease) in cash and cash equivalents 75.4 (346.6)
Cash and cash equivalents at beginning of period 2,719.6 2,564.8
Cash and cash equivalents at end of period 2,795.0 2,218.2
Principal Financial Group, Inc. Parent Only    
Operating activities    
Net cash provided by (used in) operating activities (36.7) (45.0)
Investing activities    
Dividends and returns of capital received from (contributed to) unconsolidated entities 250.1 795.2
Net change in other investments (4.4) (6.8)
Net cash provided by (used in) investing activities 245.7 788.4
Financing activities    
Issuance of common stock 143.1 25.7
Acquisition of treasury stock (218.1) (245.2)
Excess tax benefits from share-based payment arrangements   0.2
Dividends to common stockholders (398.5) (341.1)
Net cash provided by (used in) financing activities (473.5) (560.4)
Net increase (decrease) in cash and cash equivalents (264.5) 183.0
Cash and cash equivalents at beginning of period 882.6 578.7
Cash and cash equivalents at end of period 618.1 761.7
Principal Financial Services, Inc. Only    
Operating activities    
Net cash provided by (used in) operating activities 449.3 (2.5)
Investing activities    
Dividends and returns of capital received from (contributed to) unconsolidated entities (37.0) 886.0
Net change in other investments (70.5) 220.3
Net cash provided by (used in) investing activities (107.5) 1,106.3
Financing activities    
Issuance of long-term debt 6.4 5.0
Principal repayments of long-term debt (19.5) (20.0)
Capital received from (dividends and capital paid to) parent (250.1) (795.2)
Net cash provided by (used in) financing activities (263.2) (810.2)
Net increase (decrease) in cash and cash equivalents 78.6 293.6
Cash and cash equivalents at beginning of period 1,203.4 730.5
Cash and cash equivalents at end of period 1,282.0 1,024.1
Principal Life Insurance Company and Other Subsidiaries Combined    
Operating activities    
Net cash provided by (used in) operating activities 3,721.0 2,849.7
Investing activities    
Available-for-sale securities: Purchases (10,425.7) (10,590.0)
Available-for-sale securities: Sales 1,011.2 1,138.1
Available-for-sale securities: Maturities 6,577.2 5,836.0
Mortgage loans acquired or originated (2,036.5) (2,116.3)
Mortgage loans sold or repaid 1,297.4 1,440.8
Real estate acquired (113.6) (90.2)
Real estate sold 457.1 35.5
Net (purchases) sales of property and equipment (133.3) (109.1)
Net change in other investments (106.6) 121.2
Net cash provided by (used in) investing activities (3,472.8) (4,334.0)
Financing activities    
Proceeds from financing element derivatives 0.1 0.3
Payments for financing element derivatives (59.5) (67.3)
Excess tax benefits from share-based payment arrangements   5.7
Purchase of subsidiary shares from noncontrolling interest (13.3) (2.4)
Issuance of long-term debt   78.0
Principal repayments of long-term debt (56.2)  
Net proceeds from (repayments of) short-term borrowings (71.6) (166.0)
Capital received from (dividends and capital paid to) parent 37.0 (886.0)
Investment contract deposits 8,244.4 8,108.5
Investment contract withdrawals (7,963.1) (6,201.4)
Net increase (decrease) in banking operation deposits 79.8 69.6
Other 0.8 3.5
Net cash provided by (used in) financing activities 198.4 942.5
Net increase (decrease) in cash and cash equivalents 446.6 (541.8)
Cash and cash equivalents at beginning of period 2,114.8 2,413.3
Cash and cash equivalents at end of period 2,561.4 1,871.5
Eliminations, Shelf Registration Debt Guarantor    
Operating activities    
Net cash provided by (used in) operating activities (504.9) 125.1
Investing activities    
Dividends and returns of capital received from (contributed to) unconsolidated entities (213.1) (1,681.2)
Net change in other investments 230.0 (377.1)
Net cash provided by (used in) investing activities 16.9 (2,058.3)
Financing activities    
Issuance of long-term debt (6.4) (72.0)
Principal repayments of long-term debt 19.5 20.0
Net proceeds from (repayments of) short-term borrowings 76.5 22.6
Capital received from (dividends and capital paid to) parent 213.1 1,681.2
Net cash provided by (used in) financing activities 302.7 1,651.8
Net increase (decrease) in cash and cash equivalents (185.3) (281.4)
Cash and cash equivalents at beginning of period (1,481.2) (1,157.7)
Cash and cash equivalents at end of period $ (1,666.5) $ (1,439.1)