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Investments - Gross Unrealized Losses for Fixed Maturities (Details)
$ in Millions
Dec. 31, 2022
USD ($)
security
Dec. 31, 2021
USD ($)
security
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value $ 45,651.0 $ 14,561.3
Fixed maturities, Less than twelve months, Gross unrealized losses 6,183.1 227.1
Fixed maturities, Greater than or equal to twelve months, Fair value 8,850.9 3,042.6
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 1,695.2 179.3
Fixed maturities, Total, Fair value 54,501.9 17,603.9
Fixed maturities, Total, Gross unrealized losses 7,878.3 406.4
U.S. government and agencies    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 1,528.3 129.3
Fixed maturities, Less than twelve months, Gross unrealized losses 209.4 3.4
Fixed maturities, Greater than or equal to twelve months, Fair value 181.5 482.9
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 41.8 34.0
Fixed maturities, Total, Fair value 1,709.8 612.2
Fixed maturities, Total, Gross unrealized losses 251.2 37.4
Non-U.S. governments    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 407.5 57.8
Fixed maturities, Less than twelve months, Gross unrealized losses 57.7 2.0
Fixed maturities, Greater than or equal to twelve months, Fair value 19.9  
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 7.1  
Fixed maturities, Total, Fair value 427.4 57.8
Fixed maturities, Total, Gross unrealized losses 64.8 2.0
States and political subdivisions    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 5,303.5 690.2
Fixed maturities, Less than twelve months, Gross unrealized losses 1,008.9 10.5
Fixed maturities, Greater than or equal to twelve months, Fair value 391.9 102.3
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 127.8 6.1
Fixed maturities, Total, Fair value 5,695.4 792.5
Fixed maturities, Total, Gross unrealized losses 1,136.7 16.6
Corporate debt securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 27,309.5 5,281.6
Fixed maturities, Less than twelve months, Gross unrealized losses 3,944.6 121.2
Fixed maturities, Greater than or equal to twelve months, Fair value 2,944.1 1,327.5
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 698.0 101.5
Fixed maturities, Total, Fair value 30,253.6 6,609.1
Fixed maturities, Total, Gross unrealized losses 4,642.6 222.7
Residential mortgage-backed pass-through securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 1,201.7 1,562.6
Fixed maturities, Less than twelve months, Gross unrealized losses 97.5 22.2
Fixed maturities, Greater than or equal to twelve months, Fair value 574.8 194.9
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 105.7 6.3
Fixed maturities, Total, Fair value 1,776.5 1,757.5
Fixed maturities, Total, Gross unrealized losses 203.2 28.5
Commercial mortgage-backed securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 3,648.5 1,297.4
Fixed maturities, Less than twelve months, Gross unrealized losses 484.0 15.6
Fixed maturities, Greater than or equal to twelve months, Fair value 1,124.8 299.6
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 222.5 15.7
Fixed maturities, Total, Fair value 4,773.3 1,597.0
Fixed maturities, Total, Gross unrealized losses 706.5 31.3
Collateralized debt obligations    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 2,832.2 1,592.5
Fixed maturities, Less than twelve months, Gross unrealized losses 89.0 2.8
Fixed maturities, Greater than or equal to twelve months, Fair value 1,330.1 424.4
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 54.7 6.7
Fixed maturities, Total, Fair value 4,162.3 2,016.9
Fixed maturities, Total, Gross unrealized losses 143.7 9.5
Other debt obligations    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 3,419.8 3,949.9
Fixed maturities, Less than twelve months, Gross unrealized losses 292.0 49.4
Fixed maturities, Greater than or equal to twelve months, Fair value 2,283.8 211.0
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 437.6 9.0
Fixed maturities, Total, Fair value 5,703.6 4,160.9
Fixed maturities, Total, Gross unrealized losses 729.6 58.4
Principal Life Insurance Company    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 44,857.0 13,052.3
Fixed maturities, Less than twelve months, Gross unrealized losses 6,096.3 150.9
Fixed maturities, Greater than or equal to twelve months, Fair value 8,496.1 2,740.3
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 1,645.1 137.1
Fixed maturities, Total, Fair value 53,353.1 15,792.6
Fixed maturities, Total, Gross unrealized losses $ 7,741.4 $ 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) 87.00% 98.00%
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less Than Twelve Months | security 7,589 1,805
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Less Than Twelve Months (percent of carrying value to amortized cost) 88.00% 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 $ 5,920.4 $ 138.9
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Twelve Months or Longer | security 1,654 459
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 | States and political subdivisions    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses $ 126.8  
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) 75.00%  
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 $ 654.9 $ 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) 80.00% 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 $ 220.9 $ 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) 83.00% 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 $ 320.2  
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) 81.00%  
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%