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Condensed Consolidating Financial Information - Guarantor, Statements of Financial Position (Details) - USD ($)
$ in Millions
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Assets            
Fixed maturities, available-for-sale $ 74,269.2   $ 70,106.2      
Fixed maturities, trading 583.8   675.9      
Equity securities 1,778.5   1,879.4      
Mortgage loans 16,696.6   16,486.9      
Real estate 1,699.7   1,714.8      
Policy loans 796.4   798.0      
Investment in unconsolidated entities 724.3   830.2      
Other investments 4,010.1   3,860.0      
Cash and cash equivalents 3,150.4   2,515.9      
Accrued investment income 702.1   686.6      
Premiums due and other receivables 1,760.0   1,740.3      
Deferred acquisition costs 3,487.7   3,521.3      
Property and equipment 993.1   967.7      
Goodwill 1,630.9   1,693.8      
Other intangibles 1,709.3   1,786.7      
Separate account assets 155,936.3   165,468.0      
Other assets 1,381.0   1,356.1      
Total assets 271,309.4   276,087.8      
Liabilities            
Contractholder funds 42,308.4   41,367.5      
Future policy benefits and claims 42,896.1   40,838.2      
Other policyholder funds 987.4   959.4      
Short-term debt 76.3   93.4      
Long-term debt 4,163.4   3,734.1      
Income taxes currently payable 16.3   16.2      
Deferred income taxes 2,061.5   1,796.6      
Separate account liabilities 155,936.3   165,468.0      
Other liabilities 7,280.0   6,863.7      
Total liabilities 255,725.7   261,137.1      
Redeemable noncontrolling interest 272.7 $ 239.7 264.9 $ 304.5 $ 537.7 $ 391.2
Stockholders' equity            
Common stock 4.8   4.8      
Additional paid-in capital 10,259.6   10,182.6      
Retained earnings 11,441.4   11,074.3      
Accumulated other comprehensive income 1,450.7   1,037.9      
Treasury stock, at cost (7,913.4)   (7,681.6)      
Total stockholders' equity attributable to Principal Financial Group, Inc. 15,243.1   14,618.0      
Noncontrolling interest 67.9   67.8      
Total stockholders' equity 15,311.0 $ 12,972.6 14,685.8 $ 14,102.0 $ 12,762.2 $ 11,456.0
Total liabilities and stockholders' equity 271,309.4   276,087.8      
Principal Financial Group, Inc. parent only | Legal Entities            
Assets            
Fixed maturities, available-for-sale 712.1   265.8      
Fixed maturities, trading 232.7   268.2      
Investment in unconsolidated entities 18,185.5   17,539.6      
Other investments 10.4   10.4      
Cash and cash equivalents 454.6   394.9      
Accrued investment income 2.3   1.6      
Other assets 382.8   383.2      
Total assets 19,980.4   18,863.7      
Liabilities            
Long-term debt 4,119.7   3,625.5      
Income taxes currently payable 0.7          
Other liabilities 616.9   620.2      
Total liabilities 4,737.3   4,245.7      
Stockholders' equity            
Common stock 4.8   4.8      
Additional paid-in capital 10,259.6   10,182.6      
Retained earnings 11,441.4   11,074.3      
Accumulated other comprehensive income 1,450.7   1,037.9      
Treasury stock, at cost (7,913.4)   (7,681.6)      
Total stockholders' equity attributable to Principal Financial Group, Inc. 15,243.1   14,618.0      
Total stockholders' equity 15,243.1   14,618.0      
Total liabilities and stockholders' equity 19,980.4   18,863.7      
Principal Life Insurance Company only | Legal Entities            
Assets            
Fixed maturities, available-for-sale 65,862.2   62,363.1      
Fixed maturities, trading 233.2   237.5      
Equity securities 65.2   69.9      
Mortgage loans 15,434.1   15,388.5      
Real estate 3.1   3.3      
Policy loans 742.5   742.2      
Investment in unconsolidated entities 2,657.1   5,036.2      
Other investments 6,794.9   3,682.5      
Cash and cash equivalents 1,669.6   1,178.1      
Accrued investment income 618.2   608.5      
Premiums due and other receivables 2,213.4   2,082.3      
Deferred acquisition costs 3,477.4   3,509.7      
Property and equipment 773.6   733.9      
Goodwill 54.3   54.3      
Other intangibles 16.9   17.7      
Separate account assets 119,347.2   125,801.7      
Other assets 1,135.3   1,118.6      
Total assets 221,098.2   222,628.0      
Liabilities            
Contractholder funds 39,235.0   38,334.6      
Future policy benefits and claims 37,625.7   35,476.6      
Other policyholder funds 805.1   790.3      
Deferred income taxes 1,203.4   325.8      
Separate account liabilities 119,347.2   125,801.7      
Other liabilities 10,684.7   10,533.5      
Total liabilities 208,901.1   211,262.5      
Stockholders' equity            
Common stock 2.5   2.5      
Additional paid-in capital 6,332.0   6,331.5      
Retained earnings 2,590.9   2,410.8      
Accumulated other comprehensive income 3,271.7   2,620.7      
Total stockholders' equity attributable to Principal Financial Group, Inc. 12,197.1   11,365.5      
Total stockholders' equity 12,197.1   11,365.5      
Total liabilities and stockholders' equity 221,098.2   222,628.0      
Principal Financial Services, Inc. and other subsidiaries combined | Legal Entities            
Assets            
Fixed maturities, available-for-sale 8,056.6   7,833.1      
Fixed maturities, trading 117.9   170.2      
Equity securities 1,713.3   1,809.5      
Mortgage loans 1,956.2   1,793.5      
Real estate 1,696.6   1,711.5      
Policy loans 53.9   55.8      
Investment in unconsolidated entities 9,520.6   6,429.5      
Other investments 1,983.3   2,859.6      
Cash and cash equivalents 1,930.0   1,767.7      
Accrued investment income 83.2   81.4      
Premiums due and other receivables 4,767.2   4,525.8      
Deferred acquisition costs 10.3   11.6      
Property and equipment 219.5   233.8      
Goodwill 1,576.6   1,639.5      
Other intangibles 1,692.4   1,769.0      
Separate account assets 36,589.1   39,666.3      
Other assets 5,852.0   5,358.4      
Total assets 77,818.7   77,716.2      
Liabilities            
Contractholder funds 3,435.1   3,388.0      
Future policy benefits and claims 6,806.7   6,740.7      
Other policyholder funds 185.5   171.9      
Short-term debt 76.3   93.4      
Long-term debt 695.5   763.1      
Income taxes currently payable 84.2   81.7      
Deferred income taxes 1,365.3   1,965.9      
Separate account liabilities 36,589.1   39,666.3      
Other liabilities 10,198.7   7,111.2      
Total liabilities 59,436.4   59,982.2      
Redeemable noncontrolling interest 272.7   264.9      
Stockholders' equity            
Additional paid-in capital 10,058.5   10,038.7      
Retained earnings 6,633.0   6,414.3      
Accumulated other comprehensive income 1,350.2   948.3      
Total stockholders' equity attributable to Principal Financial Group, Inc. 18,041.7   17,401.3      
Noncontrolling interest 67.9   67.8      
Total stockholders' equity 18,109.6   17,469.1      
Total liabilities and stockholders' equity 77,818.7   77,716.2      
Principal Financial Services, Inc. and other subsidiaries combined | Legal Entities | Nonqualified benefit plans            
Stockholders' equity            
Assets held in Rabbi trusts 741.1   731.9      
Liabilities held in Rabbi trusts 597.5   593.7      
Eliminations, Notes Guarantor | Eliminations            
Assets            
Fixed maturities, available-for-sale (361.7)   (355.8)      
Mortgage loans (693.7)   (695.1)      
Investment in unconsolidated entities (29,638.9)   (28,175.1)      
Other investments (4,778.5)   (2,692.5)      
Cash and cash equivalents (903.8)   (824.8)      
Accrued investment income (1.6)   (4.9)      
Premiums due and other receivables (5,220.6)   (4,867.8)      
Other assets (5,989.1)   (5,504.1)      
Total assets (47,587.9)   (43,120.1)      
Liabilities            
Contractholder funds (361.7)   (355.1)      
Future policy benefits and claims (1,536.3)   (1,379.1)      
Other policyholder funds (3.2)   (2.8)      
Long-term debt (651.8)   (654.5)      
Income taxes currently payable (68.6)   (65.5)      
Deferred income taxes (507.2)   (495.1)      
Other liabilities (14,220.3)   (11,401.2)      
Total liabilities (17,349.1)   (14,353.3)      
Stockholders' equity            
Common stock (2.5)   (2.5)      
Additional paid-in capital (16,390.5)   (16,370.2)      
Retained earnings (9,223.9)   (8,825.1)      
Accumulated other comprehensive income (4,621.9)   (3,569.0)      
Total stockholders' equity attributable to Principal Financial Group, Inc. (30,238.8)   (28,766.8)      
Total stockholders' equity (30,238.8)   (28,766.8)      
Total liabilities and stockholders' equity $ (47,587.9)   $ (43,120.1)