Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Millions |
3 Months Ended | |
|---|---|---|
Mar. 31, 2023 |
Mar. 31, 2022 |
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| Condensed Consolidated Statements of Comprehensive Income | ||
| Net income (loss) | $ (134.5) | $ 343.2 |
| Other comprehensive income (loss), net: | ||
| Net unrealized gains (losses) on available-for-sale securities | 1,078.1 | (4,112.2) |
| Net unrealized gains (losses) on derivative instruments | (18.8) | |
| Liability for future policy benefits discount rate remeasurement gain (loss) | (540.9) | 2,519.1 |
| Market risk benefit nonperformance risk remeasurement gain | 6.0 | 73.7 |
| Foreign currency translation adjustment | 132.1 | 155.1 |
| Net unrecognized postretirement benefit obligation | 3.8 | 6.7 |
| Other comprehensive income (loss) | 679.1 | (1,376.4) |
| Comprehensive income (loss) | 544.6 | (1,033.2) |
| Comprehensive income (loss) attributable to noncontrolling interest | 7.0 | 5.9 |
| Comprehensive income (loss) attributable to Principal Financial Group, Inc. | $ 537.6 | $ (1,039.1) |
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- Definition Net unrealized gains/losses on fixed maturities and equity securities available-for-sale net of adjustments related to cost of reinsurance and changes in policyholder benefits and claims and applicable income taxes. No definition available.
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- Definition Net unrealized gains/losses on derivative instruments designated and qualifying as the effective portion of cash flow hedges net of adjustments related to cost of reinsurance and changes in policyholder benefits and claims and applicable income taxes. No definition available.
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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income (loss) and other comprehensive income (loss), attributable to noncontrolling interests. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after tax and reclassification adjustment, of unrealized gain (loss) from (increase) decrease in liability for future policy benefit from change in discount rate. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after tax and adjustments, of unrealized gain (loss) from (increase) decrease in instrument-specific credit risk on contract or contract feature in long-duration contract issued by insurance entity that both protects contract holder from other-than-nominal capital market risk and exposes insurance entity to other-than-nominal capital market risk. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount after tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount after tax and reclassification adjustments of other comprehensive income (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount, after tax and reclassification adjustment, of (increase) decrease in accumulated other comprehensive income for defined benefit plan. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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