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Investments - Gross Unrealized Losses for Fixed Maturities (Details)
$ in Millions
Mar. 31, 2022
USD ($)
item
Dec. 31, 2021
USD ($)
item
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value $ 36,086.0 $ 14,561.3
Fixed maturities, Less than twelve months, Gross unrealized losses 1,827.8 227.1
Fixed maturities, Greater than or equal to twelve months, Fair value 3,393.8 3,042.6
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 429.8 179.3
Fixed maturities, Total, Fair value 39,479.8 17,603.9
Fixed maturities, Total, Gross unrealized losses 2,257.6 406.4
U.S. government and agencies    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 1,235.6 129.3
Fixed maturities, Less than twelve months, Gross unrealized losses 20.1 3.4
Fixed maturities, Greater than or equal to twelve months, Fair value 254.3 482.9
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 56.6 34.0
Fixed maturities, Total, Fair value 1,489.9 612.2
Fixed maturities, Total, Gross unrealized losses 76.7 37.4
Non-U.S. governments    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 232.9 57.8
Fixed maturities, Less than twelve months, Gross unrealized losses 12.9 2.0
Fixed maturities, Greater than or equal to twelve months, Fair value 5.6  
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 1.0  
Fixed maturities, Total, Fair value 238.5 57.8
Fixed maturities, Total, Gross unrealized losses 13.9 2.0
States and political subdivisions    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 3,091.5 690.2
Fixed maturities, Less than twelve months, Gross unrealized losses 245.7 10.5
Fixed maturities, Greater than or equal to twelve months, Fair value 154.1 102.3
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 23.7 6.1
Fixed maturities, Total, Fair value 3,245.6 792.5
Fixed maturities, Total, Gross unrealized losses 269.4 16.6
Corporate debt securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 18,061.6 5,281.6
Fixed maturities, Less than twelve months, Gross unrealized losses 1,024.1 121.2
Fixed maturities, Greater than or equal to twelve months, Fair value 1,504.8 1,327.5
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 252.9 101.5
Fixed maturities, Total, Fair value 19,566.4 6,609.1
Fixed maturities, Total, Gross unrealized losses 1,277.0 222.7
Residential mortgage-backed pass-through securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 1,455.1 1,562.6
Fixed maturities, Less than twelve months, Gross unrealized losses 76.5 22.2
Fixed maturities, Greater than or equal to twelve months, Fair value 104.4 194.9
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 9.3 6.3
Fixed maturities, Total, Fair value 1,559.5 1,757.5
Fixed maturities, Total, Gross unrealized losses 85.8 28.5
Commercial mortgage-backed securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 4,337.2 1,297.4
Fixed maturities, Less than twelve months, Gross unrealized losses 186.3 15.6
Fixed maturities, Greater than or equal to twelve months, Fair value 331.7 299.6
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 30.0 15.7
Fixed maturities, Total, Fair value 4,668.9 1,597.0
Fixed maturities, Total, Gross unrealized losses 216.3 31.3
Collateralized debt obligations    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 2,786.5 1,592.5
Fixed maturities, Less than twelve months, Gross unrealized losses 23.7 2.8
Fixed maturities, Greater than or equal to twelve months, Fair value 592.1 424.4
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 10.0 6.7
Fixed maturities, Total, Fair value 3,378.6 2,016.9
Fixed maturities, Total, Gross unrealized losses 33.7 9.5
Other debt obligations    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 4,885.6 3,949.9
Fixed maturities, Less than twelve months, Gross unrealized losses 238.5 49.4
Fixed maturities, Greater than or equal to twelve months, Fair value 446.8 211.0
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 46.3 9.0
Fixed maturities, Total, Fair value 5,332.4 4,160.9
Fixed maturities, Total, Gross unrealized losses 284.8 58.4
Principal Life Insurance Company    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 34,890.6 13,052.3
Fixed maturities, Less than twelve months, Gross unrealized losses 1,753.3 150.9
Fixed maturities, Greater than or equal to twelve months, Fair value 3,248.9 2,740.3
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 391.5 137.1
Fixed maturities, Total, Fair value 38,139.5 15,792.6
Fixed maturities, Total, Gross unrealized losses $ 2,144.8 $ 288.0
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure    
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Percent Investment Grade (as a percent) 94.00% 91.00%
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Average Price (percent of carrying value to amortized cost) 95.00% 98.00%
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less Than Twelve Months | item 5,353 1,805
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Less Than Twelve Months (percent of carrying value to amortized cost) 95.00% 99.00%
Available-for-sale Securities in Unrealized Loss Positions, Percent Investment Grade, Less Than Twelve Months (as a percent) 94.00% 90.00%
Available-for-sale Securities in Unrealized Loss Position, Aggregate Losses On Investment Grade Investments, Less Than Twelve Months $ 1,635.1 $ 138.9
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Twelve Months or Longer | item 572 459
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) 89.00% 95.00%
Principal Life Insurance Company | U.S. government and agencies    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses $ 56.6 $ 30.9
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure    
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) 82.00% 93.00%
Principal Life Insurance Company | Corporate debt securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses $ 215.7 $ 67.1
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure    
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) 87.00% 95.00%
Principal Life Insurance Company | Commercial mortgage-backed securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses $ 29.3 $ 15.3
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure    
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) 92.00% 95.00%
Principal Life Insurance Company | Collateralized debt obligations    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses   $ 6.7
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure    
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost)   98.00%
Principal Life Insurance Company | Other debt obligations    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses $ 29.4  
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure    
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) 91.00%