Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2022

Goodwill and Other Intangible Assets

Goodwill (Table)

	Retirement		Principal				U.S.
	and Income		Global		Principal		Insurance
	Solutions		Investors		International		Solutions		Corporate		Consolidated
	(in millions)
Balance as of January 1, 2021	$	675.9	$	320.9	$	656.6	$	56.6	$	1.0	$	1,711.0
Goodwill disposed (1)		—		—		(2.3)		—		—		(2.3)
Impairment (2)		—		—		—		—		(1.0)		(1.0)
Foreign currency		—		(2.5)		(77.6)		—		—		(80.1)
Balance as of December 31, 2021		675.9		318.4		576.7		56.6		—		1,627.6
Impairment (3)		—		—		—		(27.1)		—		(27.1)
Foreign currency		—		(7.4)		5.1		—		—		(2.3)
Balance as of December 31, 2022	$	675.9	$	311.0	$	581.8	$	29.5	$	—	$	1,598.2

(1) Relates to the sale of our India asset management business.

(2) Relates to the buyout of the minority interest in RobustWealth, Inc. and realignment of the business.

(3) Resulted from a change in the allocation of equity between our reportable operating segments following the Reinsurance Transaction.

Finite Lived Intangible Assets (Table)

	December 31,
	2022		2021
	(in millions)
Gross carrying value	$	1,235.1	$	1,262.8
Accumulated amortization		472.6		432.1
Net carrying value	$	762.5	$	830.7

Other Finite Lived Intangible Assets Estimated Amortization Expense (Table)

Year ending December 31:
2023	$	67.3
2024		66.3
2025		61.0
2026		56.9
2027		56.7