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Investments - Gross Unrealized Losses for Fixed Maturities (Details)
$ in Millions
Mar. 31, 2023
USD ($)
item
Dec. 31, 2022
USD ($)
item
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value $ 27,258.4 $ 45,651.0
Fixed maturities, Less than twelve months, Gross unrealized losses 2,296.0 6,183.1
Fixed maturities, Greater than or equal to twelve months, Fair value 26,097.6 8,850.9
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 4,343.9 1,695.2
Fixed maturities, Total, Fair value 53,356.0 54,501.9
Fixed maturities, Total, Gross unrealized losses 6,639.9 7,878.3
U.S. government and agencies    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 879.6 1,528.3
Fixed maturities, Less than twelve months, Gross unrealized losses 86.0 209.4
Fixed maturities, Greater than or equal to twelve months, Fair value 605.2 181.5
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 127.3 41.8
Fixed maturities, Total, Fair value 1,484.8 1,709.8
Fixed maturities, Total, Gross unrealized losses 213.3 251.2
Non-U.S. governments    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 257.4 407.5
Fixed maturities, Less than twelve months, Gross unrealized losses 21.4 57.7
Fixed maturities, Greater than or equal to twelve months, Fair value 131.5 19.9
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 34.5 7.1
Fixed maturities, Total, Fair value 388.9 427.4
Fixed maturities, Total, Gross unrealized losses 55.9 64.8
States and political subdivisions    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 3,191.6 5,303.5
Fixed maturities, Less than twelve months, Gross unrealized losses 372.3 1,008.9
Fixed maturities, Greater than or equal to twelve months, Fair value 2,251.2 391.9
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 537.3 127.8
Fixed maturities, Total, Fair value 5,442.8 5,695.4
Fixed maturities, Total, Gross unrealized losses 909.6 1,136.7
Corporate debt securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 17,165.8 27,309.5
Fixed maturities, Less than twelve months, Gross unrealized losses 1,571.1 3,944.6
Fixed maturities, Greater than or equal to twelve months, Fair value 12,333.1 2,944.1
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 2,303.7 698.0
Fixed maturities, Total, Fair value 29,498.9 30,253.6
Fixed maturities, Total, Gross unrealized losses 3,874.8 4,642.6
Residential mortgage-backed pass-through securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 616.0 1,201.7
Fixed maturities, Less than twelve months, Gross unrealized losses 16.4 97.5
Fixed maturities, Greater than or equal to twelve months, Fair value 1,159.9 574.8
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 156.5 105.7
Fixed maturities, Total, Fair value 1,775.9 1,776.5
Fixed maturities, Total, Gross unrealized losses 172.9 203.2
Commercial mortgage-backed securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 996.4 3,648.5
Fixed maturities, Less than twelve months, Gross unrealized losses 78.4 484.0
Fixed maturities, Greater than or equal to twelve months, Fair value 3,749.0 1,124.8
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 548.6 222.5
Fixed maturities, Total, Fair value 4,745.4 4,773.3
Fixed maturities, Total, Gross unrealized losses 627.0 706.5
Collateralized debt obligations    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 1,738.4 2,832.2
Fixed maturities, Less than twelve months, Gross unrealized losses 33.5 89.0
Fixed maturities, Greater than or equal to twelve months, Fair value 2,484.8 1,330.1
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 97.5 54.7
Fixed maturities, Total, Fair value 4,223.2 4,162.3
Fixed maturities, Total, Gross unrealized losses 131.0 143.7
Other debt obligations    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 2,413.2 3,419.8
Fixed maturities, Less than twelve months, Gross unrealized losses 116.9 292.0
Fixed maturities, Greater than or equal to twelve months, Fair value 3,382.9 2,283.8
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 538.5 437.6
Fixed maturities, Total, Fair value 5,796.1 5,703.6
Fixed maturities, Total, Gross unrealized losses 655.4 729.6
Principal Life Insurance Company    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 26,573.1 44,857.0
Fixed maturities, Less than twelve months, Gross unrealized losses 2,243.3 6,096.3
Fixed maturities, Greater than or equal to twelve months, Fair value 25,409.5 8,496.1
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 4,250.5 1,645.1
Fixed maturities, Total, Fair value 51,982.6 53,353.1
Fixed maturities, Total, Gross unrealized losses $ 6,493.8 $ 7,741.4
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% 94.00%
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Average Price (percent of carrying value to amortized cost) 89.00% 87.00%
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less Than Twelve Months | item 4,895 7,589
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Less Than Twelve Months (percent of carrying value to amortized cost) 92.00% 88.00%
Available-for-sale Securities in Unrealized Loss Positions, Percent Investment Grade, Less Than Twelve Months (as a percent) 94.00% 95.00%
Available-for-sale Securities in Unrealized Loss Position, Aggregate Losses On Investment Grade Investments, Less Than Twelve Months $ 2,170.6 $ 5,920.4
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Twelve Months or Longer | item 5,130 1,654
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) 86.00% 84.00%
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 $ 530.8 $ 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) 81.00% 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 $ 2,228.7 $ 654.9
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) 84.00% 80.00%
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 $ 544.5 $ 220.9
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) 87.00% 83.00%
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 $ 415.0 $ 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) 84.00% 81.00%