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Revenues from Contracts with Customers - Disaggregation within Segments (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total fees and other revenues $ 1,044.3 $ 1,006.6 $ 2,189.6 $ 1,980.1
Premiums and other considerations 1,153.1 1,932.9 3,444.1 3,657.8
Net investment income (loss) 944.6 1,037.1 1,928.2 1,998.1
Operating Segments        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 653.3 587.2 1,353.7 1,148.4
Total operating revenues 3,181.1 4,002.2 7,610.7 7,682.9
Operating Segments | Retirement and Income Solutions        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 153.2 66.2 311.7 127.5
Total operating revenues 1,480.0 2,159.6 4,085.7 4,051.5
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 151.2 63.9 307.6 122.3
Fees and other revenues not within the scope of revenue recognition guidance 255.1 281.6 535.6 553.4
Total fees and other revenues 406.3 345.5 843.2 675.7
Premiums and other considerations 0.9 0.6 2.7 1.7
Net investment income (loss) 102.2 104.4 206.6 203.9
Total operating revenues 509.4 450.5 1,052.5 881.3
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 150.7 63.3 306.9 121.5
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 0.5 0.6 0.7 0.8
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 2.0 2.3 4.1 5.2
Fees and other revenues not within the scope of revenue recognition guidance 2.8 4.2 5.9 9.1
Total fees and other revenues 4.8 6.5 10.0 14.3
Premiums and other considerations 459.5 1,171.5 1,980.6 2,129.0
Net investment income (loss) 506.3 531.1 1,042.6 1,026.9
Total operating revenues 970.6 1,709.1 3,033.2 3,170.2
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 2.0 2.3 4.1 5.2
Operating Segments | Principal Global Investors        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 348.2 346.2 731.1 678.5
Fees and other revenues not within the scope of revenue recognition guidance 3.9 10.4 9.4 14.7
Total fees and other revenues 352.1 356.6 740.5 693.2
Net investment income (loss) 0.8 2.9 3.2 5.3
Total operating revenues 352.9 359.5 743.7 698.5
Operating Segments | Principal Global Investors | Management fee revenue        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 303.5 304.2 624.5 597.0
Operating Segments | Principal Global Investors | Other fee revenue        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 44.7 42.0 106.6 81.5
Operating Segments | Principal International        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 101.6 116.2 211.1 231.1
Fees and other revenues not within the scope of revenue recognition guidance 1.5 1.7 2.8 3.4
Total fees and other revenues 103.1 117.9 213.9 234.5
Premiums and other considerations 28.6 109.5 113.6 227.0
Net investment income (loss) 144.7 184.2 249.4 330.6
Total operating revenues 276.4 411.6 576.9 792.1
Operating Segments | Principal International | Latin America        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 74.3 88.6 155.8 176.7
Operating Segments | Principal International | Asia        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 27.3 27.6 55.3 54.6
Operating Segments | Principal International | Principal International Corporate / Regional Office        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 0.3 0.2 0.5 0.4
Operating Segments | Principal International | Geographical Eliminations        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers (0.3) (0.2) (0.5) (0.6)
Operating Segments | Principal International | Management fee revenue        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 100.7 115.5 209.2 229.8
Operating Segments | Principal International | Other fee revenue        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 0.9 0.7 1.9 1.3
Operating Segments | U.S. Insurance Solutions        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 14.4 16.1 31.0 31.8
Total operating revenues 1,088.1 1,087.3 2,211.4 2,155.4
Operating Segments | U.S. Insurance Solutions | Specialty Benefits insurance        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 3.5 3.6 7.3 7.3
Fees and other revenues not within the scope of revenue recognition guidance 4.6 4.9 9.5 9.8
Total fees and other revenues 8.1 8.5 16.8 17.1
Premiums and other considerations 582.5 571.6 1,170.9 1,127.5
Net investment income (loss) 36.4 45.7 78.3 83.0
Total operating revenues 627.0 625.8 1,266.0 1,227.6
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 3.5 3.6 7.3 7.3
Operating Segments | U.S. Insurance Solutions | Individual Life insurance        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 11.0 12.6 23.8 24.6
Fees and other revenues not within the scope of revenue recognition guidance 191.8 190.3 401.8 382.5
Total fees and other revenues 202.8 202.9 425.6 407.1
Premiums and other considerations 81.6 79.7 176.3 172.6
Net investment income (loss) 176.8 179.0 343.6 348.2
Total operating revenues 461.2 461.6 945.5 927.9
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 5.0 6.2 10.7 12.1
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 6.0 6.4 13.1 12.5
Operating Segments | Corporate        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 35.9 42.5 68.8 79.5
Fees and other revenues not within the scope of revenue recognition guidance (69.2) (77.9) (145.3) (148.5)
Total fees and other revenues (33.3) (35.4) (76.5) (69.0)
Net investment income (loss) 17.0 19.6 69.5 54.4
Total operating revenues (16.3) (15.8) (7.0) (14.6)
Operating Segments | Corporate | Other fee revenue        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 13.6 11.2 24.7 20.0
Operating Segments | Corporate | Commission income        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 72.6 78.7 153.0 154.5
Operating Segments | Corporate | Revenue by type - Eliminations        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers $ (50.3) $ (47.4) $ (108.9) $ (95.0)