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Revenues from Contracts with Customers - Disaggregation within Segments (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues from Contracts with Customers - Disaggregation of Revenues    
Total fees and other revenues $ 1,145.3 $ 973.5
Premiums and other considerations 2,291.0 1,724.9
Net investment income (loss) 983.6 961.0
Operating Segments    
Revenues from Contracts with Customers - Disaggregation of Revenues    
Total revenues from contracts with customers 700.4 561.2
Total operating revenues 4,429.6 3,680.7
Operating Segments | Retirement and Income Solutions    
Revenues from Contracts with Customers - Disaggregation of Revenues    
Total revenues from contracts with customers 158.5 61.3
Total operating revenues 2,605.7 1,891.9
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 156.4 58.4
Fees and other revenues not within the scope of revenue recognition guidance 280.5 271.8
Total fees and other revenues 436.9 330.2
Premiums and other considerations 1.8 1.1
Net investment income (loss) 104.4 99.5
Total operating revenues 543.1 430.8
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 156.2 58.2
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 0.2 0.2
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 2.1 2.9
Fees and other revenues not within the scope of revenue recognition guidance 3.1 4.9
Total fees and other revenues 5.2 7.8
Premiums and other considerations 1,521.1 957.5
Net investment income (loss) 536.3 495.8
Total operating revenues 2,062.6 1,461.1
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 2.1 2.9
Operating Segments | Principal Global Investors    
Revenues from Contracts with Customers - Disaggregation of Revenues    
Total revenues from contracts with customers 382.9 332.3
Fees and other revenues not within the scope of revenue recognition guidance 5.5 4.3
Total fees and other revenues 388.4 336.6
Net investment income (loss) 2.4 2.4
Total operating revenues 390.8 339.0
Operating Segments | Principal Global Investors | Management fee revenue    
Revenues from Contracts with Customers - Disaggregation of Revenues    
Total revenues from contracts with customers 321.0 292.8
Operating Segments | Principal Global Investors | Other fee revenue    
Revenues from Contracts with Customers - Disaggregation of Revenues    
Total revenues from contracts with customers 61.9 39.5
Operating Segments | Principal International    
Revenues from Contracts with Customers - Disaggregation of Revenues    
Total revenues from contracts with customers 109.5 114.9
Fees and other revenues not within the scope of revenue recognition guidance 1.3 1.7
Total fees and other revenues 110.8 116.6
Premiums and other considerations 85.0 117.5
Net investment income (loss) 104.7 146.4
Total operating revenues 300.5 380.5
Operating Segments | Principal International | Latin America    
Revenues from Contracts with Customers - Disaggregation of Revenues    
Total revenues from contracts with customers 81.5 88.1
Operating Segments | Principal International | Asia    
Revenues from Contracts with Customers - Disaggregation of Revenues    
Total revenues from contracts with customers 28.0 27.0
Operating Segments | Principal International | Principal International Corporate / Regional Office    
Revenues from Contracts with Customers - Disaggregation of Revenues    
Total revenues from contracts with customers 0.2 0.2
Operating Segments | Principal International | Geographical Eliminations    
Revenues from Contracts with Customers - Disaggregation of Revenues    
Total revenues from contracts with customers (0.2) (0.4)
Operating Segments | Principal International | Management fee revenue    
Revenues from Contracts with Customers - Disaggregation of Revenues    
Total revenues from contracts with customers 108.5 114.3
Operating Segments | Principal International | Other fee revenue    
Revenues from Contracts with Customers - Disaggregation of Revenues    
Total revenues from contracts with customers 1.0 0.6
Operating Segments | U.S. Insurance Solutions    
Revenues from Contracts with Customers - Disaggregation of Revenues    
Total revenues from contracts with customers 16.6 15.7
Total operating revenues 1,123.3 1,068.1
Operating Segments | U.S. Insurance Solutions | Specialty Benefits insurance    
Revenues from Contracts with Customers - Disaggregation of Revenues    
Total revenues from contracts with customers 3.8 3.7
Fees and other revenues not within the scope of revenue recognition guidance 4.9 4.9
Total fees and other revenues 8.7 8.6
Premiums and other considerations 588.4 555.9
Net investment income (loss) 41.9 37.3
Total operating revenues 639.0 601.8
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 3.8 3.7
Operating Segments | U.S. Insurance Solutions | Individual Life insurance    
Revenues from Contracts with Customers - Disaggregation of Revenues    
Total revenues from contracts with customers 12.8 12.0
Fees and other revenues not within the scope of revenue recognition guidance 210.0 192.2
Total fees and other revenues 222.8 204.2
Premiums and other considerations 94.7 92.9
Net investment income (loss) 166.8 169.2
Total operating revenues 484.3 466.3
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 5.7 5.9
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 7.1 6.1
Operating Segments | Corporate    
Revenues from Contracts with Customers - Disaggregation of Revenues    
Total revenues from contracts with customers 32.9 37.0
Fees and other revenues not within the scope of revenue recognition guidance (76.1) (70.6)
Total fees and other revenues (43.2) (33.6)
Net investment income (loss) 52.5 34.8
Total operating revenues 9.3 1.2
Operating Segments | Corporate | Other fee revenue    
Revenues from Contracts with Customers - Disaggregation of Revenues    
Total revenues from contracts with customers 11.1 8.8
Operating Segments | Corporate | Commission income    
Revenues from Contracts with Customers - Disaggregation of Revenues    
Total revenues from contracts with customers 80.4 75.8
Operating Segments | Corporate | Revenue by type - Eliminations    
Revenues from Contracts with Customers - Disaggregation of Revenues    
Total revenues from contracts with customers $ (58.6) $ (47.6)