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Investments - Gross Unrealized Losses for Fixed Maturities and Equity Securities (Details)
$ in Millions
Jun. 30, 2018
USD ($)
item
Dec. 31, 2017
USD ($)
item
Fixed maturities    
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Fair value $ 28,492.8 $ 9,822.3
Less than twelve months, Gross unrealized losses 726.7 92.3
Greater than or equal to twelve months, Fair value 4,453.9 4,834.9
Greater than or equal to twelve months, Gross unrealized losses 277.9 174.7
Total, Fair value 32,946.7 14,657.2
Total, Gross unrealized losses 1,004.6 267.0
U.S. government and agencies    
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Fair value 574.4 294.2
Less than twelve months, Gross unrealized losses 11.4 2.2
Greater than or equal to twelve months, Fair value 175.4 180.9
Greater than or equal to twelve months, Gross unrealized losses 10.0 5.5
Total, Fair value 749.8 475.1
Total, Gross unrealized losses 21.4 7.7
Non-U.S. governments    
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Fair value 376.7 111.0
Less than twelve months, Gross unrealized losses 14.7 1.7
Greater than or equal to twelve months, Fair value 27.7 22.1
Greater than or equal to twelve months, Gross unrealized losses 2.1 1.9
Total, Fair value 404.4 133.1
Total, Gross unrealized losses 16.8 3.6
States and political subdivisions    
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Fair value 2,071.6 720.0
Less than twelve months, Gross unrealized losses 43.1 5.0
Greater than or equal to twelve months, Fair value 422.7 437.7
Greater than or equal to twelve months, Gross unrealized losses 23.9 10.9
Total, Fair value 2,494.3 1,157.7
Total, Gross unrealized losses 67.0 15.9
Corporate debt securities    
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Fair value 16,927.5 3,871.5
Less than twelve months, Gross unrealized losses 517.2 43.4
Greater than or equal to twelve months, Fair value 1,388.1 1,644.3
Greater than or equal to twelve months, Gross unrealized losses 105.6 60.7
Total, Fair value 18,315.6 5,515.8
Total, Gross unrealized losses 622.8 104.1
Residential mortgage-backed pass-through securities    
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Fair value 1,096.2 354.4
Less than twelve months, Gross unrealized losses 22.1 2.0
Greater than or equal to twelve months, Fair value 676.7 734.5
Greater than or equal to twelve months, Gross unrealized losses 38.5 19.3
Total, Fair value 1,772.9 1,088.9
Total, Gross unrealized losses 60.6 21.3
Commercial mortgage-backed securities    
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Fair value 2,215.6 1,342.7
Less than twelve months, Gross unrealized losses 45.8 19.9
Greater than or equal to twelve months, Fair value 820.3 820.3
Greater than or equal to twelve months, Gross unrealized losses 51.7 38.5
Total, Fair value 3,035.9 2,163.0
Total, Gross unrealized losses 97.5 58.4
Collateralized debt obligations    
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Fair value 1,115.1 460.9
Less than twelve months, Gross unrealized losses 2.5 2.1
Greater than or equal to twelve months, Fair value 50.0 38.3
Greater than or equal to twelve months, Gross unrealized losses 12.3 13.4
Total, Fair value 1,165.1 499.2
Total, Gross unrealized losses 14.8 15.5
Other debt obligations    
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Fair value 4,115.7 2,667.6
Less than twelve months, Gross unrealized losses 69.9 16.0
Greater than or equal to twelve months, Fair value 893.0 956.8
Greater than or equal to twelve months, Gross unrealized losses 33.8 24.5
Total, Fair value 5,008.7 3,624.4
Total, Gross unrealized losses 103.7 40.5
Equity securities    
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Greater than or equal to twelve months, Fair value   40.4
Greater than or equal to twelve months, Gross unrealized losses   5.4
Total, Fair value   40.4
Total, Gross unrealized losses   5.4
Principal Life Insurance Company | Fixed maturities    
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Fair value 27,795.1 9,360.9
Less than twelve months, Gross unrealized losses 702.0 75.4
Greater than or equal to twelve months, Fair value 4,262.2 4,698.6
Greater than or equal to twelve months, Gross unrealized losses 264.9 164.3
Total, Fair value 32,057.3 14,059.5
Total, Gross unrealized losses $ 966.9 $ 239.7
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure    
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Percent Investment Grade (as a percent) 96.00% 97.00%
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Average Price (percent of carrying value to amortized cost) | item 97 98
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less Than Twelve Months | item 3,384 1,209
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Less Than Twelve Months (percent of carrying value to amortized cost) | item 98 99
Available-for-sale Securities in Unrealized Loss Positions, Percent Investment Grade, Less Than Twelve Months (as a percent) 96.00% 98.00%
Available-for-sale Securities in Unrealized Loss Position, Aggregate Losses On Investment Grade Investments, Less Than Twelve Months $ 671.6 $ 71.5
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Twelve Months or Longer | item 761 775
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) | item 94 97
Principal Life Insurance Company | Corporate debt securities    
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Greater than or equal to twelve months, Gross unrealized losses $ 94.4 $ 52.2
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure    
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) | item 93 97
Principal Life Insurance Company | Commercial mortgage-backed securities    
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Greater than or equal to twelve months, Gross unrealized losses $ 50.9 $ 38.1
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure    
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) | item 94 96