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Condensed Consolidating Financial Information - Shelf Registration Guarantor, Statements of Operations (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues                      
Premiums and other considerations                 $ 6,037.4 $ 7,866.6 $ 6,409.6
Fees and other revenues                 4,511.1 4,409.9 4,273.8
Net investment income (loss)                 3,890.6 3,998.4 3,629.2
Net realized capital gains (losses), excluding impairment losses on available-for-sale securities                   (9.3) (46.3)
Net other-than-temporary impairment (losses) recoveries on available-for-sale securities                   (38.3) 10.6
Other-than-temporary impairment losses on fixed maturities, available-for-sale reclassified to (from) other comprehensive income                   (5.2) (39.7)
Net impairment (losses) recoveries on available-for-sale securities                   (43.5) (29.1)
Net realized capital gains (losses)                 302.6 (52.8) (75.4)
Total revenues $ 3,765.1 $ 3,310.7 $ 3,114.6 $ 4,551.3 $ 4,047.2 $ 4,458.4 $ 3,972.6 $ 3,743.9 14,741.7 16,222.1 14,237.2
Expenses                      
Benefits, claims and settlement expenses                 8,281.5 9,905.8 8,192.5
Dividends to policyholders                 120.2 119.1 123.6
Operating expenses                 4,646.5 4,503.9 4,136.7
Total expenses 3,173.5 3,035.6 2,616.0 4,223.1 3,675.9 4,112.7 3,522.3 3,217.9 13,048.2 14,528.8 12,452.8
Income (loss) before income taxes                 1,693.5 1,693.3 1,784.4
Income taxes (benefits)                 265.0 249.2 230.7
Net income (loss) 491.5 235.9 416.1 285.0 315.3 284.6 392.1 452.1 1,428.5 1,444.1 1,553.7
Net income attributable to noncontrolling interest                 32.7 49.9 7.2
Net income attributable to PFG 472.6 236.0 398.3 288.9 300.9 277.1 386.3 429.9 1,395.8 1,394.2 1,546.5
Net income (loss) $ 491.5 $ 235.9 $ 416.1 $ 285.0 $ 315.3 $ 284.6 $ 392.1 $ 452.1 1,428.5 1,444.1 1,553.7
Other comprehensive income                 1,347.0 2,606.7 (1,835.7)
Comprehensive income (loss)                 2,775.5 4,050.8 (282.0)
Principal Financial Group, Inc. parent only | Legal Entities                      
Revenues                      
Net investment income (loss)                 13.3 19.4 25.8
Net realized capital gains (losses), excluding impairment losses on available-for-sale securities                   12.3 (8.2)
Net realized capital gains (losses)                 7.0 12.3 (8.2)
Total revenues                 20.3 31.7 17.6
Expenses                      
Operating expenses                 200.0 210.9 191.9
Total expenses                 200.0 210.9 191.9
Income (loss) before income taxes                 (179.7) (179.2) (174.3)
Income taxes (benefits)                 (46.1) (44.2) (62.5)
Equity in the net income (loss) of subsidiaries                 1,529.4 1,529.2 1,658.3
Net income (loss)                 1,395.8 1,394.2 1,546.5
Net income attributable to PFG                 1,395.8 1,394.2 1,546.5
Net income (loss)                 1,395.8 1,394.2 1,546.5
Other comprehensive income                 1,206.5 2,570.9 (1,824.5)
Comprehensive income (loss)                 2,602.3 3,965.1 (278.0)
Principal Financial Services, Inc. only | Legal Entities                      
Revenues                      
Fees and other revenues                 341.3 205.9 2.7
Net investment income (loss)                 (1.4) (6.5) (6.7)
Net realized capital gains (losses), excluding impairment losses on available-for-sale securities                   17.5 (3.5)
Net realized capital gains (losses)                 32.8 17.5 (3.5)
Total revenues                 372.7 216.9 (7.5)
Expenses                      
Operating expenses                 548.7 368.2 29.1
Total expenses                 548.7 368.2 29.1
Income (loss) before income taxes                 (176.0) (151.3) (36.6)
Income taxes (benefits)                 (45.8) (11.8) 0.2
Equity in the net income (loss) of subsidiaries                 1,649.4 1,659.7 1,684.5
Net income (loss)                 1,519.2 1,520.2 1,647.7
Net income attributable to PFG                 1,519.2 1,520.2 1,647.7
Net income (loss)                 1,519.2 1,520.2 1,647.7
Other comprehensive income                 1,228.6 2,530.9 (1,839.1)
Comprehensive income (loss)                 2,747.8 4,051.1 (191.4)
Principal Life Insurance Company and other subsidiaries combined | Legal Entities                      
Revenues                      
Premiums and other considerations                 6,037.4 7,866.6 6,409.6
Fees and other revenues                 4,182.9 4,215.5 4,286.4
Net investment income (loss)                 3,867.1 3,975.1 3,598.0
Net realized capital gains (losses), excluding impairment losses on available-for-sale securities                   (38.9) (34.6)
Net other-than-temporary impairment (losses) recoveries on available-for-sale securities                   (38.3) 10.6
Other-than-temporary impairment losses on fixed maturities, available-for-sale reclassified to (from) other comprehensive income                   (5.2) (39.7)
Net impairment (losses) recoveries on available-for-sale securities                   (43.5) (29.1)
Net realized capital gains (losses)                 262.9 (82.4) (63.7)
Total revenues                 14,350.3 15,974.8 14,230.3
Expenses                      
Benefits, claims and settlement expenses                 8,281.5 9,905.8 8,192.5
Dividends to policyholders                 120.2 119.1 123.6
Operating expenses                 3,909.6 3,935.1 3,929.5
Total expenses                 12,311.3 13,960.0 12,245.6
Income (loss) before income taxes                 2,039.0 2,014.8 1,984.7
Income taxes (benefits)                 356.9 305.2 293.0
Net income (loss)                 1,682.1 1,709.6 1,691.7
Net income attributable to noncontrolling interest                 32.7 49.9 7.2
Net income attributable to PFG                 1,649.4 1,659.7 1,684.5
Net income (loss)                 1,682.1 1,709.6 1,691.7
Other comprehensive income                 1,352.7 2,562.2 (1,856.4)
Comprehensive income (loss)                 3,034.8 4,271.8 (164.7)
Eliminations, Shelf Registration Debt Guarantor | Eliminations                      
Revenues                      
Fees and other revenues                 (13.1) (11.5) (15.3)
Net investment income (loss)                 11.6 10.4 12.1
Net realized capital gains (losses), excluding impairment losses on available-for-sale securities                   (0.2)  
Net realized capital gains (losses)                 (0.1) (0.2)  
Total revenues                 (1.6) (1.3) (3.2)
Expenses                      
Operating expenses                 (11.8) (10.3) (13.8)
Total expenses                 (11.8) (10.3) (13.8)
Income (loss) before income taxes                 10.2 9.0 10.6
Equity in the net income (loss) of subsidiaries                 (3,178.8) (3,188.9) (3,342.8)
Net income (loss)                 (3,168.6) (3,179.9) (3,332.2)
Net income attributable to PFG                 (3,168.6) (3,179.9) (3,332.2)
Net income (loss)                 (3,168.6) (3,179.9) (3,332.2)
Other comprehensive income                 (2,440.8) (5,057.3) 3,684.3
Comprehensive income (loss)                 $ (5,609.4) $ (8,237.2) $ 352.1