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Revenues from Contracts with Customers - Disaggregation within Segments (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Sep. 30, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total fees and other revenues   $ 4,409.9 $ 4,273.8 $ 3,892.3
Premiums and other considerations   7,866.6 6,409.6 6,217.4
Net investment income (loss)   3,998.4 3,629.2 3,459.3
Retirement and Income Solutions        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Premiums and other considerations   4,862.7 3,635.9 3,671.1
Net investment income (loss)   2,420.4 2,195.2 2,058.3
Principal Global Investors        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Net investment income (loss)   10.1 4.2 13.4
Principal International        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Premiums and other considerations   393.3 317.2 218.0
Net investment income (loss)   575.9 494.9 510.6
U.S. Insurance Solutions        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Premiums and other considerations   2,610.6 2,456.5 2,328.3
Net investment income (loss)   854.5 815.1 785.9
Corporate        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Net investment income (loss)   137.5 119.8 91.1
Operating Segments        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers   2,610.0 2,658.9 2,299.2
Total operating revenues   16,393.1 14,424.8 13,703.3
Operating Segments | Retirement and Income Solutions        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers   464.8 262.9 268.2
Total operating revenues   8,954.4 7,277.0 7,154.7
Operating Segments | Retirement and Income Solutions | Retirement and Income Solutions - Fee        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers   455.5 252.4 258.0
Fees and other revenues not within the scope of revenue recognition guidance   1,139.0 1,132.9 1,111.2
Total fees and other revenues   1,594.5 1,385.3 1,369.2
Premiums and other considerations   3.5 4.0 3.8
Net investment income (loss)   405.0 394.4 403.4
Total operating revenues   2,003.0 1,783.7 1,776.4
Operating Segments | Retirement and Income Solutions | Retirement and Income Solutions - Fee | Administrative service fee revenue        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers   453.7 250.7 256.4
Operating Segments | Retirement and Income Solutions | Retirement and Income Solutions - Fee | Other fee revenue        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers   1.8 1.7 1.6
Operating Segments | Retirement and Income Solutions | Retirement and Income Solutions - Spread        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers   9.3 10.5 10.2
Fees and other revenues not within the scope of revenue recognition guidance   13.9 12.5 15.0
Total fees and other revenues   23.2 23.0 25.2
Premiums and other considerations   4,859.2 3,631.9 3,667.3
Net investment income (loss)   2,069.0 1,838.4 1,685.8
Total operating revenues   6,951.4 5,493.3 5,378.3
Operating Segments | Retirement and Income Solutions | Retirement and Income Solutions - Spread | Deposit account fee revenue        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers   9.3 10.5 10.2
Operating Segments | Principal Global Investors        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers   1,456.7 1,700.5 1,406.1
Fees and other revenues not within the scope of revenue recognition guidance   38.5 30.4 28.1
Total fees and other revenues   1,495.2 1,730.9 1,434.2
Net investment income (loss)   10.6 5.4 10.2
Total operating revenues   1,505.8 1,736.3 1,444.4
Operating Segments | Principal Global Investors | Management fee revenue        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers   1,239.1 1,244.5 1,217.0
Operating Segments | Principal Global Investors | Other fee revenue        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers   217.6 456.0 189.1
Performance fee recognized resulting from realignment of a real estate investment team $ 253.1      
Operating Segments | Principal International        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers   462.2 477.1 426.4
Fees and other revenues not within the scope of revenue recognition guidance   6.3 7.3 7.1
Total fees and other revenues   468.5 484.4 433.5
Premiums and other considerations   393.3 317.2 218.0
Net investment income (loss)   661.4 571.3 600.0
Total operating revenues   1,523.2 1,372.9 1,251.5
Operating Segments | Principal International | Latin America        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers   351.5 370.8 318.9
Operating Segments | Principal International | Asia        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers   111.0 106.3 108.3
Operating Segments | Principal International | Principal International Corporate / Regional Office        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers   0.9 0.9 0.7
Operating Segments | Principal International | Geographical Eliminations        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers   (1.2) (0.9) (1.5)
Operating Segments | Principal International | Management fee revenue        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers   459.3 472.1 414.6
Operating Segments | Principal International | Other fee revenue        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers   2.9 5.0 11.8
Operating Segments | U.S. Insurance Solutions        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers   65.9 57.0 50.1
Total operating revenues   4,449.0 4,089.8 3,913.5
Operating Segments | U.S. Insurance Solutions | Specialty Benefits insurance        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers   14.9 14.8 13.9
Fees and other revenues not within the scope of revenue recognition guidance   19.6 20.6 21.3
Total fees and other revenues   34.5 35.4 35.2
Premiums and other considerations   2,292.7 2,134.1 1,985.9
Net investment income (loss)   166.4 156.9 147.3
Total operating revenues   2,493.6 2,326.4 2,168.4
Operating Segments | U.S. Insurance Solutions | Specialty Benefits insurance | Administrative service fee revenue        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers   14.9 14.8 13.9
Operating Segments | U.S. Insurance Solutions | Individual Life insurance        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers   51.2 42.4 36.4
Fees and other revenues not within the scope of revenue recognition guidance   875.9 727.0 703.5
Total fees and other revenues   927.1 769.4 739.9
Premiums and other considerations   317.9 322.4 342.4
Net investment income (loss)   710.6 671.8 663.0
Total operating revenues   1,955.6 1,763.6 1,745.3
Operating Segments | U.S. Insurance Solutions | Individual Life insurance | Administrative service fee revenue        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers   24.3 22.8 21.5
Operating Segments | U.S. Insurance Solutions | Individual Life insurance | Commission income        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers   26.9 19.6 14.9
Operating Segments | U.S. Insurance Solutions | U.S. Insurance Solutions Eliminations        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers   (0.2) (0.2) (0.2)
Total operating revenues   (0.2) (0.2) (0.2)
Operating Segments | Corporate        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers   160.4 161.4 148.4
Fees and other revenues not within the scope of revenue recognition guidance   (301.8) (316.3) (292.8)
Total fees and other revenues   (141.4) (154.9) (144.4)
Net investment income (loss)   102.1 103.7 83.6
Total operating revenues   (39.3) (51.2) (60.8)
Operating Segments | Corporate | Other fee revenue        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers   46.1 35.4 30.1
Operating Segments | Corporate | Commission income        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers   320.2 316.1 299.7
Operating Segments | Corporate | Revenue by type - Eliminations        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers   $ (205.9) $ (190.1) $ (181.4)