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Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues      
Premiums and other considerations $ 5,339.7 $ 4,841.5 $ 6,037.4
Fees and other revenues 4,177.7 5,012.6 4,511.1
Net investment income (loss) 3,830.4 4,406.1 3,890.6
Net realized capital gains (losses) [1] (258.4) 2.5 302.6
Net realized capital gains (losses) on funds withheld assets [1] 749.4    
Change in fair value of funds withheld embedded derivative 3,652.8 0.0 0.0
Total revenues 17,491.6 14,262.7 14,741.7
Expenses      
Benefits, claims and settlement expenses 6,370.8 7,097.0 8,281.5
Dividends to policyholders 94.8 94.8 120.2
Operating expenses 4,965.9 4,987.3 4,646.5
Total expenses 11,431.5 12,179.1 13,048.2
Income (loss) before income taxes 6,060.1 2,083.6 1,693.5
Income taxes (benefits) 1,207.9 326.2 265.0
Net income (loss) 4,852.2 1,757.4 1,428.5
Net income (loss) attributable to noncontrolling interest 40.6 46.8 32.7
Net income (loss) attributable to Principal Financial Group, Inc. $ 4,811.6 $ 1,710.6 $ 1,395.8
Earnings per common share      
Basic earnings per common share (in dollars per share) $ 19.16 $ 6.36 $ 5.08
Diluted earnings per common share (in dollars per share) $ 18.85 $ 6.27 $ 5.05
[1] Includes realized and unrealized gains (losses). See Note 4, Investments, for further details.