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Revenues from Contracts with Customers - Disaggregation within Segments (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total fees and other revenues $ 1,045.7 $ 1,008.3 $ 3,058.6 $ 3,139.0
Premiums and other considerations 1,457.9 1,486.5 4,399.2 3,740.1
Net investment income (loss) 989.2 911.7 2,964.0 2,857.1
Operating Segments        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 725.0 691.7 2,109.1 2,190.1
Total operating revenues 3,478.0 3,422.4 10,418.1 9,813.5
Operating Segments | Benefits and Protection        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 23.3 20.7 66.4 59.9
Total operating revenues 1,151.4 1,085.8 3,380.1 3,232.5
Operating Segments | Benefits and Protection | Specialty Benefits        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 4.0 3.7 12.0 11.4
Fees and other revenues not within the scope of revenue recognition guidance 4.6 4.8 13.7 14.0
Total fees and other revenues 8.6 8.5 25.7 25.4
Premiums and other considerations 762.7 704.0 2,237.9 2,056.4
Net investment income (loss) 45.3 36.5 127.4 136.5
Total operating revenues 816.6 749.0 2,391.0 2,218.3
Operating Segments | Benefits and Protection | Specialty Benefits | Administrative service fee revenue        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 4.0 3.7 12.0 11.4
Operating Segments | Benefits and Protection | Life Insurance        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 19.4 17.0 54.5 48.6
Fees and other revenues not within the scope of revenue recognition guidance 85.7 84.2 246.7 243.3
Total fees and other revenues 105.1 101.2 301.2 291.9
Premiums and other considerations 136.7 142.7 394.4 415.1
Net investment income (loss) 93.2 93.0 294.0 307.6
Total operating revenues 335.0 336.9 989.6 1,014.6
Operating Segments | Benefits and Protection | Life Insurance | Administrative service fee revenue        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 8.9 7.0 23.6 20.9
Operating Segments | Benefits and Protection | Life Insurance | Commission income        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 10.5 10.0 30.9 27.7
Operating Segments | Principal Asset Management        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 516.2 492.4 1,497.4 1,580.6
Total operating revenues 668.8 783.0 2,048.2 2,441.3
Operating Segments | Principal Asset Management | Principal Global Investors        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 406.5 395.8 1,168.3 1,277.0
Fees and other revenues not within the scope of revenue recognition guidance 9.1 6.4 16.3 20.6
Total fees and other revenues 415.6 402.2 1,184.6 1,297.6
Net investment income (loss) 9.0 3.8 22.8 7.3
Total operating revenues 424.6 406.0 1,207.4 1,304.9
Operating Segments | Principal Asset Management | Principal Global Investors | Management fee revenue        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 348.2 351.7 1,028.8 1,095.2
Operating Segments | Principal Asset Management | Principal Global Investors | Other fee revenue        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 58.3 44.1 139.5 181.8
Operating Segments | Principal Asset Management | Principal International        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 115.1 102.3 345.2 321.9
Fees and other revenues not within the scope of revenue recognition guidance 1.4 1.1 4.3 3.4
Total fees and other revenues 116.5 103.4 349.5 325.3
Premiums and other considerations 2.3 33.8 17.2 74.2
Net investment income (loss) 130.8 245.5 490.3 755.2
Total operating revenues 249.6 382.7 857.0 1,154.7
Operating Segments | Principal Asset Management | Principal International | Latin America        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 87.3 74.7 262.4 238.9
Operating Segments | Principal Asset Management | Principal International | Asia        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 28.0 27.7 83.4 83.5
Operating Segments | Principal Asset Management | Principal International | Geographical Eliminations        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers (0.2) (0.1) (0.6) (0.5)
Operating Segments | Principal Asset Management | Principal International | Management fee revenue        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 113.3 100.1 339.2 314.6
Operating Segments | Principal Asset Management | Principal International | Other fee revenue        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 1.8 2.2 6.0 7.3
Operating Segments | Retirement and Income Solutions        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 141.1 133.8 410.9 419.5
Fees and other revenues not within the scope of revenue recognition guidance 276.8 273.4 833.2 844.7
Total fees and other revenues 417.9 407.2 1,244.1 1,264.2
Premiums and other considerations 561.0 607.3 1,763.0 1,197.6
Net investment income (loss) 672.2 549.3 1,933.8 1,682.8
Total operating revenues 1,651.1 1,563.8 4,940.9 4,144.6
Operating Segments | Retirement and Income Solutions | Administrative service fee revenue        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 137.0 129.9 398.8 408.9
Operating Segments | Retirement and Income Solutions | Deposit account fee revenue        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 2.8 2.6 8.5 7.6
Operating Segments | Retirement and Income Solutions | Other fee revenue        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 0.8 0.9 2.3 2.1
Operating Segments | Retirement and Income Solutions | Commission income        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 0.5 0.4 1.3 0.9
Operating Segments | Corporate        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 44.4 44.8 134.4 130.1
Fees and other revenues not within the scope of revenue recognition guidance (76.9) (75.2) (224.2) (242.8)
Total fees and other revenues (32.5) (30.4) (89.8) (112.7)
Premiums and other considerations (1.4) (1.2) (3.9) (2.9)
Net investment income (loss) 40.6 21.4 142.6 110.7
Total operating revenues 6.7 (10.2) 48.9 (4.9)
Operating Segments | Corporate | Other fee revenue        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 21.3 20.4 62.5 59.1
Operating Segments | Corporate | Commission income        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers 94.9 89.5 276.9 280.1
Operating Segments | Corporate | Revenue by type - Eliminations        
Revenues from Contracts with Customers - Disaggregation of Revenues        
Total revenues from contracts with customers $ (71.8) $ (65.1) $ (205.0) $ (209.1)