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Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues    
Premiums and other considerations $ 1,448.6 $ 887.4
Fees and other revenues 995.3 1,219.2
Net investment income (loss) 986.7 1,125.5
Net realized capital gains (losses) [1] (66.0) (136.6)
Net realized capital gains (losses) on funds withheld assets [1] 81.0  
Change in fair value of funds withheld embedded derivative (626.6) 0.0
Total revenues 2,819.0 3,095.5
Expenses    
Benefits, claims and settlement expenses 1,773.9 1,490.7
Net liability for future policy benefits remeasurement (gain) loss (5.6) 13.4
Market risk benefit remeasurement (gain) loss (2.9) 8.9
Dividends to policyholders 23.2 23.1
Operating expenses 1,242.9 1,181.0
Total expenses 3,031.5 2,717.1
Income (loss) before income taxes (212.5) 378.4
Income taxes (benefits) (78.0) 35.2
Net income (loss) (134.5) 343.2
Net income (loss) attributable to noncontrolling interest 5.6 4.5
Net income (loss) attributable to Principal Financial Group, Inc. $ (140.1) $ 338.7
Earnings per common share    
Basic earnings per common share (in dollars per share) $ (0.58) $ 1.31
Diluted earnings per common share (in dollars per share) $ (0.58) $ 1.28
[1] Includes realized and unrealized gains (losses). See Note 3, Investments, for further details.