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Condensed Consolidating Financial Information - Shelf Registration Guarantor, Statements of Operations (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues        
Premiums and other considerations $ 1,153.1 $ 1,932.9 $ 3,444.1 $ 3,657.8
Fees and other revenues 1,044.3 1,006.6 2,189.6 1,980.1
Net investment income (loss) 944.6 1,037.1 1,928.2 1,998.1
Net realized capital gains (losses), excluding impairment losses on available-for-sale securities   13.3 104.0 104.6
Net other-than-temporary impairment (losses) recoveries on available-for-sale securities   (17.0)   (26.6)
Other-than-temporary impairment losses on fixed maturities, available-for-sale reclassified to (from) other comprehensive income   (0.3)   2.5
Net impairment (losses) recoveries on available-for-sale securities   (17.3)   (24.1)
Net realized capital gains (losses) (27.4) (4.0) 104.0 80.5
Total revenues 3,114.6 3,972.6 7,665.9 7,716.5
Expenses        
Benefits, claims and settlement expenses 1,601.3 2,446.1 4,460.0 4,641.2
Dividends to policyholders 31.4 29.9 60.3 60.0
Operating expenses 983.3 1,046.3 2,318.8 2,039.0
Total expenses 2,616.0 3,522.3 6,839.1 6,740.2
Income (loss) before income taxes 498.6 450.3 826.8 976.3
Income taxes (benefits) 82.5 58.2 125.7 132.1
Net income (loss) 416.1 392.1 701.1 844.2
Net income attributable to noncontrolling interest 17.8 5.8 13.9 28.0
Net income attributable to PFG 398.3 386.3 687.2 816.2
Net income (loss) 416.1 392.1 701.1 844.2
Other comprehensive income 2,048.1 1,072.3 401.8 2,219.0
Comprehensive income (loss) $ 2,464.2 $ 1,464.4 1,102.9 3,063.2
Principal Financial Group, Inc. parent only | Legal Entities        
Revenues        
Net investment income (loss)     6.7 10.9
Net realized capital gains (losses), excluding impairment losses on available-for-sale securities     4.9 9.2
Net realized capital gains (losses)       9.2
Total revenues     11.6 20.1
Expenses        
Operating expenses     98.4 110.1
Total expenses     98.4 110.1
Income (loss) before income taxes     (86.8) (90.0)
Income taxes (benefits)     (21.6) (22.3)
Equity in the net income of subsidiaries     752.4 883.9
Net income (loss)     687.2 816.2
Net income attributable to PFG     687.2 816.2
Net income (loss)     687.2 816.2
Other comprehensive income     351.8 2,201.1
Comprehensive income (loss)     1,039.0 3,017.3
Principal Financial Services, Inc. only | Legal Entities        
Revenues        
Fees and other revenues     180.1 0.3
Net investment income (loss)     (1.3) (4.1)
Net realized capital gains (losses), excluding impairment losses on available-for-sale securities     27.7 5.9
Net realized capital gains (losses)       5.9
Total revenues     206.5 2.1
Expenses        
Operating expenses     260.8 60.1
Total expenses     260.8 60.1
Income (loss) before income taxes     (54.3) (58.0)
Income taxes (benefits)     (18.3) (11.8)
Equity in the net income of subsidiaries     783.0 927.0
Net income (loss)     747.0 880.8
Net income attributable to PFG     747.0 880.8
Net income (loss)     747.0 880.8
Other comprehensive income     326.5 2,127.0
Comprehensive income (loss)     1,073.5 3,007.8
Principal Life Insurance Company and other subsidiaries combined | Legal Entities        
Revenues        
Premiums and other considerations     3,444.1 3,657.8
Fees and other revenues     2,014.6 1,985.8
Net investment income (loss)     1,916.9 1,987.3
Net realized capital gains (losses), excluding impairment losses on available-for-sale securities     71.3 89.5
Net other-than-temporary impairment (losses) recoveries on available-for-sale securities       (26.6)
Other-than-temporary impairment losses on fixed maturities, available-for-sale reclassified to (from) other comprehensive income       2.5
Net impairment (losses) recoveries on available-for-sale securities       (24.1)
Net realized capital gains (losses)       65.4
Total revenues     7,446.9 7,696.3
Expenses        
Benefits, claims and settlement expenses     4,460.0 4,641.2
Dividends to policyholders     60.3 60.0
Operating expenses     1,964.1 1,873.9
Total expenses     6,484.4 6,575.1
Income (loss) before income taxes     962.5 1,121.2
Income taxes (benefits)     165.6 166.2
Net income (loss)     796.9 955.0
Net income attributable to noncontrolling interest     13.9 28.0
Net income attributable to PFG     783.0 927.0
Net income (loss)     796.9 955.0
Other comprehensive income     374.8 2,149.5
Comprehensive income (loss)     1,171.7 3,104.5
Eliminations, Shelf Registration Debt Guarantor | Eliminations        
Revenues        
Fees and other revenues     (5.1) (6.0)
Net investment income (loss)     5.9 4.0
Net realized capital gains (losses), excluding impairment losses on available-for-sale securities     0.1  
Total revenues     0.9 (2.0)
Expenses        
Operating expenses     (4.5) (5.1)
Total expenses     (4.5) (5.1)
Income (loss) before income taxes     5.4 3.1
Equity in the net income of subsidiaries     (1,535.4) (1,810.9)
Net income (loss)     (1,530.0) (1,807.8)
Net income attributable to PFG     (1,530.0) (1,807.8)
Net income (loss)     (1,530.0) (1,807.8)
Other comprehensive income     (651.3) (4,258.6)
Comprehensive income (loss)     $ (2,181.3) $ (6,066.4)