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Investments - Gross Unrealized Losses for Fixed Maturities (Details)
$ in Millions
Sep. 30, 2022
USD ($)
item
Dec. 31, 2021
USD ($)
item
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value $ 49,918.0 $ 14,561.3
Fixed maturities, Less than twelve months, Gross unrealized losses 7,525.0 227.1
Fixed maturities, Greater than or equal to twelve months, Fair value 6,895.3 3,042.6
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 1,334.6 179.3
Fixed maturities, Total, Fair value 56,813.3 17,603.9
Fixed maturities, Total, Gross unrealized losses 8,859.6 406.4
U.S. government and agencies    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 1,922.3 129.3
Fixed maturities, Less than twelve months, Gross unrealized losses 215.0 3.4
Fixed maturities, Greater than or equal to twelve months, Fair value 123.1 482.9
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 39.6 34.0
Fixed maturities, Total, Fair value 2,045.4 612.2
Fixed maturities, Total, Gross unrealized losses 254.6 37.4
Non-U.S. governments    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 413.6 57.8
Fixed maturities, Less than twelve months, Gross unrealized losses 79.7 2.0
Fixed maturities, Greater than or equal to twelve months, Fair value 11.0  
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 4.5  
Fixed maturities, Total, Fair value 424.6 57.8
Fixed maturities, Total, Gross unrealized losses 84.2 2.0
States and political subdivisions    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 5,740.2 690.2
Fixed maturities, Less than twelve months, Gross unrealized losses 1,126.9 10.5
Fixed maturities, Greater than or equal to twelve months, Fair value 257.3 102.3
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 67.4 6.1
Fixed maturities, Total, Fair value 5,997.5 792.5
Fixed maturities, Total, Gross unrealized losses 1,194.3 16.6
Corporate debt securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 29,578.7 5,281.6
Fixed maturities, Less than twelve months, Gross unrealized losses 4,984.1 121.2
Fixed maturities, Greater than or equal to twelve months, Fair value 2,443.8 1,327.5
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 617.4 101.5
Fixed maturities, Total, Fair value 32,022.5 6,609.1
Fixed maturities, Total, Gross unrealized losses 5,601.5 222.7
Residential mortgage-backed pass-through securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 1,253.5 1,562.6
Fixed maturities, Less than twelve months, Gross unrealized losses 139.1 22.2
Fixed maturities, Greater than or equal to twelve months, Fair value 434.0 194.9
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 84.0 6.3
Fixed maturities, Total, Fair value 1,687.5 1,757.5
Fixed maturities, Total, Gross unrealized losses 223.1 28.5
Commercial mortgage-backed securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 4,132.0 1,297.4
Fixed maturities, Less than twelve months, Gross unrealized losses 509.6 15.6
Fixed maturities, Greater than or equal to twelve months, Fair value 779.9 299.6
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 144.9 15.7
Fixed maturities, Total, Fair value 4,911.9 1,597.0
Fixed maturities, Total, Gross unrealized losses 654.5 31.3
Collateralized debt obligations    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 2,791.0 1,592.5
Fixed maturities, Less than twelve months, Gross unrealized losses 98.0 2.8
Fixed maturities, Greater than or equal to twelve months, Fair value 981.3 424.4
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 38.1 6.7
Fixed maturities, Total, Fair value 3,772.3 2,016.9
Fixed maturities, Total, Gross unrealized losses 136.1 9.5
Other debt obligations    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 4,086.7 3,949.9
Fixed maturities, Less than twelve months, Gross unrealized losses 372.6 49.4
Fixed maturities, Greater than or equal to twelve months, Fair value 1,864.9 211.0
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 338.7 9.0
Fixed maturities, Total, Fair value 5,951.6 4,160.9
Fixed maturities, Total, Gross unrealized losses 711.3 58.4
Principal Life Insurance Company    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 48,764.6 13,052.3
Fixed maturities, Less than twelve months, Gross unrealized losses 7,422.5 150.9
Fixed maturities, Greater than or equal to twelve months, Fair value 6,399.5 2,740.3
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 1,264.1 137.1
Fixed maturities, Total, Fair value 55,164.1 15,792.6
Fixed maturities, Total, Gross unrealized losses $ 8,686.6 $ 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) 95.00% 91.00%
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Average Price (percent of carrying value to amortized cost) 86.00% 98.00%
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less Than Twelve Months | item 8,037 1,805
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Less Than Twelve Months (percent of carrying value to amortized cost) 87.00% 99.00%
Available-for-sale Securities in Unrealized Loss Positions, Percent Investment Grade, Less Than Twelve Months (as a percent) 95.00% 90.00%
Available-for-sale Securities in Unrealized Loss Position, Aggregate Losses On Investment Grade Investments, Less Than Twelve Months $ 7,171.8 $ 138.9
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Twelve Months or Longer | item 1,304 459
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) 84.00% 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   $ 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)   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 $ 553.7 $ 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) 78.00% 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 $ 143.5 $ 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) 84.00% 95.00%
Principal Life Insurance Company | Collateralized mortgage obligation security    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses $ 228.1  
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) 82.00%  
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 | Asset backed securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses $ 107.3  
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) 88.00%