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Condensed Consolidating Financial Information - Shelf Registration Guarantor, Statements of Operations (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues        
Premiums and other considerations $ 1,184.3 $ 2,274.2 $ 4,628.4 $ 5,932.0
Fees and other revenues 1,143.0 1,230.0 3,332.6 3,210.1
Net investment income (loss) 917.9 996.6 2,846.1 2,994.7
Net realized capital gains (losses), excluding impairment losses on available-for-sale securities   (31.3)   73.3
Net other-than-temporary impairment (losses) recoveries on available-for-sale securities   (4.7)   (31.3)
Other-than-temporary impairment losses on fixed maturities, available-for-sale reclassified to (from) other comprehensive income   (6.4)   (3.9)
Net impairment (losses) recoveries on available-for-sale securities   (11.1)   (35.2)
Net realized capital gains (losses) 65.5 (42.4) 169.5 38.1
Total revenues 3,310.7 4,458.4 10,976.6 12,174.9
Expenses        
Benefits, claims and settlement expenses 1,839.8 2,840.1 6,299.8 7,481.3
Dividends to policyholders 29.9 30.3 90.2 90.3
Operating expenses 1,165.9 1,242.3 3,484.7 3,281.3
Total expenses 3,035.6 4,112.7 9,874.7 10,852.9
Income (loss) before income taxes 275.1 345.7 1,101.9 1,322.0
Income taxes (benefits) 39.2 61.1 164.9 193.2
Net income (loss) 235.9 284.6 937.0 1,128.8
Net income attributable to noncontrolling interest (0.1) 7.5 13.8 35.5
Net income attributable to PFG 236.0 277.1 923.2 1,093.3
Net income (loss) 235.9 284.6 937.0 1,128.8
Other comprehensive income 306.4 656.3 708.2 2,875.3
Comprehensive income (loss) $ 542.3 $ 940.9 1,645.2 4,004.1
Principal Financial Group, Inc. parent only | Legal Entities        
Revenues        
Net investment income (loss)     9.9 14.3
Net realized capital gains (losses), excluding impairment losses on available-for-sale securities       11.6
Net realized capital gains (losses)     5.0 11.6
Total revenues     14.9 25.9
Expenses        
Operating expenses     148.4 160.2
Total expenses     148.4 160.2
Income (loss) before income taxes     (133.5) (134.3)
Income taxes (benefits)     (34.8) (33.2)
Equity in the net income (loss) of subsidiaries     1,021.9 1,194.4
Net income (loss)     923.2 1,093.3
Net income attributable to PFG     923.2 1,093.3
Net income (loss)     923.2 1,093.3
Other comprehensive income     619.7 2,833.4
Comprehensive income (loss)     1,542.9 3,926.7
Principal Financial Services, Inc. only | Legal Entities        
Revenues        
Fees and other revenues     261.9 104.3
Net investment income (loss)     (1.4) (5.6)
Net realized capital gains (losses), excluding impairment losses on available-for-sale securities       16.0
Net realized capital gains (losses)     41.1 16.0
Total revenues     301.6 114.7
Expenses        
Operating expenses     403.0 205.5
Total expenses     403.0 205.5
Income (loss) before income taxes     (101.4) (90.8)
Income taxes (benefits)     (30.6) (15.2)
Equity in the net income (loss) of subsidiaries     1,084.2 1,264.3
Net income (loss)     1,013.4 1,188.7
Net income attributable to PFG     1,013.4 1,188.7
Net income (loss)     1,013.4 1,188.7
Other comprehensive income     582.4 2,749.2
Comprehensive income (loss)     1,595.8 3,937.9
Principal Life Insurance Company and other subsidiaries combined | Legal Entities        
Revenues        
Premiums and other considerations     4,628.4 5,932.0
Fees and other revenues     3,079.7 3,114.5
Net investment income (loss)     2,828.1 2,979.2
Net realized capital gains (losses), excluding impairment losses on available-for-sale securities       45.7
Net other-than-temporary impairment (losses) recoveries on available-for-sale securities       (31.3)
Other-than-temporary impairment losses on fixed maturities, available-for-sale reclassified to (from) other comprehensive income       (3.9)
Net impairment (losses) recoveries on available-for-sale securities       (35.2)
Net realized capital gains (losses)     123.3 10.5
Total revenues     10,659.5 12,036.2
Expenses        
Benefits, claims and settlement expenses     6,299.8 7,481.3
Dividends to policyholders     90.2 90.3
Operating expenses     2,941.2 2,923.2
Total expenses     9,331.2 10,494.8
Income (loss) before income taxes     1,328.3 1,541.4
Income taxes (benefits)     230.3 241.6
Net income (loss)     1,098.0 1,299.8
Net income attributable to noncontrolling interest     13.8 35.5
Net income attributable to PFG     1,084.2 1,264.3
Net income (loss)     1,098.0 1,299.8
Other comprehensive income     658.3 2,797.6
Comprehensive income (loss)     1,756.3 4,097.4
Eliminations, Shelf Registration Debt Guarantor | Eliminations        
Revenues        
Fees and other revenues     (9.0) (8.7)
Net investment income (loss)     9.5 6.8
Net realized capital gains (losses)     0.1  
Total revenues     0.6 (1.9)
Expenses        
Operating expenses     (7.9) (7.6)
Total expenses     (7.9) (7.6)
Income (loss) before income taxes     8.5 5.7
Equity in the net income (loss) of subsidiaries     (2,106.1) (2,458.7)
Net income (loss)     (2,097.6) (2,453.0)
Net income attributable to PFG     (2,097.6) (2,453.0)
Net income (loss)     (2,097.6) (2,453.0)
Other comprehensive income     (1,152.2) (5,504.9)
Comprehensive income (loss)     $ (3,249.8) $ (7,957.9)