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Revenues from Contracts with Customers - Disaggregation within Segments (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total fees and other revenues $ 1,251.8 $ 1,143.0 $ 3,711.0 $ 3,332.6
Premiums and other considerations 1,230.5 1,184.3 3,335.3 4,628.4
Net investment income (loss) 1,093.4 917.9 3,167.0 2,846.1
Operating Segments        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 796.5 681.9 2,329.8 2,035.6
Total operating revenues 3,622.0 3,292.4 10,349.3 10,903.1
Operating Segments | Retirement and Income Solutions        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 146.6 135.5 441.0 447.2
Total operating revenues 1,652.9 1,579.9 4,547.8 5,665.6
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 144.2 133.4 433.8 441.0
Fees and other revenues not within the scope of revenue recognition guidance 324.1 293.5 964.3 829.1
Total fees and other revenues 468.3 426.9 1,398.1 1,270.1
Premiums and other considerations   0.7 0.5 3.4
Net investment income (loss) 112.6 104.0 325.3 310.6
Total operating revenues 580.9 531.6 1,723.9 1,584.1
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 144.2 132.8 431.4 439.7
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   0.6 2.4 1.3
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 2.4 2.1 7.2 6.2
Fees and other revenues not within the scope of revenue recognition guidance 2.1 1.9 6.8 7.8
Total fees and other revenues 4.5 4.0 14.0 14.0
Premiums and other considerations 482.1 517.1 1,111.9 2,497.7
Net investment income (loss) 585.4 527.2 1,698.0 1,569.8
Total operating revenues 1,072.0 1,048.3 2,823.9 4,081.5
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 2.2 2.1 6.7 6.2
Operating Segments | Retirement and Income Solutions | Retirement and Income Solutions - Spread | Commission income        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 0.2   0.5  
Operating Segments | Principal Global Investors        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 453.5 377.0 1,303.6 1,108.1
Fees and other revenues not within the scope of revenue recognition guidance 11.0 4.8 27.1 14.2
Total fees and other revenues 464.5 381.8 1,330.7 1,122.3
Net investment income (loss) 0.7 1.0 3.4 4.2
Total operating revenues 465.2 382.8 1,334.1 1,126.5
Operating Segments | Principal Global Investors | Management fee revenue        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 389.9 330.2 1,119.9 954.7
Operating Segments | Principal Global Investors | Other fee revenue        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 63.6 46.8 183.7 153.4
Operating Segments | Principal International        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 125.1 111.1 373.5 322.2
Fees and other revenues not within the scope of revenue recognition guidance 1.0 1.4 3.1 4.2
Total fees and other revenues 126.1 112.5 376.6 326.4
Premiums and other considerations 36.6 16.6 105.8 130.2
Net investment income (loss) 165.4 96.2 459.9 345.6
Total operating revenues 328.1 225.3 942.3 802.2
Operating Segments | Principal International | Latin America        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 91.5 80.7 273.3 236.5
Operating Segments | Principal International | Asia        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 33.5 30.5 99.3 85.8
Operating Segments | Principal International | Principal International Corporate / Regional Office        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 0.5 0.2 2.0 0.7
Operating Segments | Principal International | Geographical Eliminations        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers (0.4) (0.3) (1.1) (0.8)
Operating Segments | Principal International | Management fee revenue        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 123.0 110.1 367.8 319.3
Operating Segments | Principal International | Other fee revenue        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 2.1 1.0 5.7 2.9
Operating Segments | U.S. Insurance Solutions        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 19.7 15.9 55.8 46.9
Total operating revenues 1,190.1 1,121.4 3,546.9 3,332.8
Operating Segments | U.S. Insurance Solutions | Specialty Benefits insurance        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 3.9 3.9 11.4 11.2
Fees and other revenues not within the scope of revenue recognition guidance 5.4 4.9 14.9 14.4
Total fees and other revenues 9.3 8.8 26.3 25.6
Premiums and other considerations 629.6 570.9 1,851.7 1,741.8
Net investment income (loss) 45.5 38.4 129.9 116.7
Total operating revenues 684.4 618.1 2,007.9 1,884.1
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 3.9 3.9 11.4 11.2
Operating Segments | U.S. Insurance Solutions | Individual Life insurance        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 15.8 12.0 44.5 35.8
Fees and other revenues not within the scope of revenue recognition guidance 204.1 232.6 635.8 634.4
Total fees and other revenues 219.9 244.6 680.3 670.2
Premiums and other considerations 82.2 79.0 265.4 255.3
Net investment income (loss) 203.6 179.7 593.4 523.3
Total operating revenues 505.7 503.3 1,539.1 1,448.8
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 6.8 5.4 19.3 16.1
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 9.0 6.6 25.2 19.7
Operating Segments | Corporate        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 51.6 42.4 155.9 111.2
Fees and other revenues not within the scope of revenue recognition guidance (91.8) (75.8) (266.3) (221.1)
Total fees and other revenues (40.2) (33.4) (110.4) (109.9)
Net investment income (loss) 25.9 16.4 88.6 85.9
Total operating revenues (14.3) (17.0) (21.8) (24.0)
Operating Segments | Corporate | Other fee revenue        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 17.3 13.6 51.0 38.3
Operating Segments | Corporate | Commission income        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 99.8 78.0 287.5 231.0
Operating Segments | Corporate | Revenue by type - Eliminations        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers $ (65.5) $ (49.2) $ (182.6) $ (158.1)