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Revenues from Contracts with Customers - Disaggregation within Segments (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total fees and other revenues $ 947.6 $ 1,265.3 $ 2,162.6 $ 2,459.2
Premiums and other considerations 1,366.2 1,269.7 2,253.6 2,104.8
Net investment income (loss) 816.5 1,045.5 1,934.6 2,073.6
Operating Segments        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 749.6 795.2 1,501.3 1,533.3
Total operating revenues 3,141.2 3,613.8 6,415.1 6,727.3
Operating Segments | Retirement and Income Solutions        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 141.3 150.1 285.7 294.4
Total operating revenues 1,336.9 1,670.9 2,619.9 2,894.9
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 138.5 147.7 280.2 289.6
Fees and other revenues not within the scope of revenue recognition guidance 290.9 326.5 609.2 640.2
Total fees and other revenues 429.4 474.2 889.4 929.8
Premiums and other considerations       0.5
Net investment income (loss) 134.1 105.7 252.9 212.7
Total operating revenues 563.5 579.9 1,142.3 1,143.0
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 137.5 145.4 279.0 287.2
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 1.0 2.3 1.2 2.4
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 2.8 2.4 5.5 4.8
Fees and other revenues not within the scope of revenue recognition guidance 0.1 2.7 1.2 4.7
Total fees and other revenues 2.9 5.1 6.7 9.5
Premiums and other considerations 467.0 525.0 590.3 629.8
Net investment income (loss) 303.5 560.9 880.6 1,112.6
Total operating revenues 773.4 1,091.0 1,477.6 1,751.9
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 2.5 2.2 5.0 4.5
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 0.3 0.2 0.5 0.3
Operating Segments | Principal Global Investors        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 451.6 444.0 881.2 850.1
Fees and other revenues not within the scope of revenue recognition guidance 8.9 8.1 14.2 16.1
Total fees and other revenues 460.5 452.1 895.4 866.2
Net investment income (loss) 3.1 1.6 3.5 2.7
Total operating revenues 463.6 453.7 898.9 868.9
Operating Segments | Principal Global Investors | Management fee revenue        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 364.5 374.1 743.5 730.0
Operating Segments | Principal Global Investors | Other fee revenue        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 87.1 69.9 137.7 120.1
Operating Segments | Principal International        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 109.2 126.5 219.6 248.4
Fees and other revenues not within the scope of revenue recognition guidance 1.1 1.1 2.3 2.1
Total fees and other revenues 110.3 127.6 221.9 250.5
Premiums and other considerations 30.1 41.9 40.4 69.2
Net investment income (loss) 298.7 136.7 491.7 294.5
Total operating revenues 439.1 306.2 754.0 614.2
Operating Segments | Principal International | Latin America        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 81.7 92.7 163.7 181.8
Operating Segments | Principal International | Asia        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 27.3 33.5 55.6 65.8
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 0.7 0.9 1.5
Operating Segments | Principal International | Geographical Eliminations        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers (0.3) (0.4) (0.6) (0.7)
Operating Segments | Principal International | Management fee revenue        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 106.8 124.7 214.5 244.8
Operating Segments | Principal International | Other fee revenue        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 2.4 1.8 5.1 3.6
Operating Segments | U.S. Insurance Solutions        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 19.8 18.7 39.2 36.1
Total operating revenues 908.6 1,181.9 2,149.6 2,356.8
Operating Segments | U.S. Insurance Solutions | Specialty Benefits insurance        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 3.7 3.8 7.7 7.5
Fees and other revenues not within the scope of revenue recognition guidance 4.5 4.7 9.2 9.5
Total fees and other revenues 8.2 8.5 16.9 17.0
Premiums and other considerations 686.8 616.8 1,352.4 1,222.1
Net investment income (loss) 56.6 42.6 100.0 84.4
Total operating revenues 751.6 667.9 1,469.3 1,323.5
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 3.7 3.8 7.7 7.5
Operating Segments | U.S. Insurance Solutions | Individual Life insurance        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 16.2 15.0 31.6 28.7
Fees and other revenues not within the scope of revenue recognition guidance (64.0) 211.5 162.0 431.7
Total fees and other revenues (47.8) 226.5 193.6 460.4
Premiums and other considerations 183.6 86.0 272.4 183.2
Net investment income (loss) 21.4 201.6 214.6 389.8
Total operating revenues 157.2 514.1 680.6 1,033.4
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 7.1 6.6 13.9 12.5
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 9.1 8.4 17.7 16.2
Operating Segments | Corporate        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 27.7 55.9 75.6 104.3
Fees and other revenues not within the scope of revenue recognition guidance (79.4) (88.5) (170.8) (174.5)
Total fees and other revenues (51.7) (32.6) (95.2) (70.2)
Premiums and other considerations (1.2)   (1.7)  
Net investment income (loss) 45.9 33.7 89.6 62.7
Total operating revenues (7.0) 1.1 (7.3) (7.5)
Operating Segments | Corporate | Other fee revenue        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 18.9 17.4 38.7 33.7
Operating Segments | Corporate | Commission income        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 93.4 95.7 190.6 187.7
Operating Segments | Corporate | Revenue by type - Eliminations        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers $ (84.6) $ (57.2) $ (153.7) $ (117.1)