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Revenues from Contracts with Customers - Disaggregation within Segments (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues from Contracts with Customers - Disaggregation of Revenues      
Total fees and other revenues $ 4,095.9 $ 4,137.8 $ 5,041.3
Premiums and other considerations 6,470.9 5,339.7 4,841.5
Net investment income (loss) 4,091.9 3,838.5 4,429.6
Benefits and Protection      
Revenues from Contracts with Customers - Disaggregation of Revenues      
Premiums and other considerations 3,521.4 3,306.5 2,830.4
Net investment income (loss) 549.5 564.2 917.1
Principal Asset Management      
Revenues from Contracts with Customers - Disaggregation of Revenues      
Premiums and other considerations 29.0 77.7 127.5
Net investment income (loss) 628.6 840.6 659.1
Retirement and Income Solutions      
Revenues from Contracts with Customers - Disaggregation of Revenues      
Premiums and other considerations 2,935.0 1,959.7 1,883.6
Net investment income (loss) 2,674.3 2,252.2 2,674.4
Corporate      
Revenues from Contracts with Customers - Disaggregation of Revenues      
Premiums and other considerations (14.5) (4.2)  
Net investment income (loss) 239.5 181.5 179.0
Operating Segments      
Revenues from Contracts with Customers - Disaggregation of Revenues      
Total revenues from contracts with customers 2,814.9 2,875.8 3,150.1
Total operating revenues 14,660.2 13,400.4 14,442.7
Operating Segments | Benefits and Protection      
Revenues from Contracts with Customers - Disaggregation of Revenues      
Total revenues from contracts with customers 89.8 80.1 75.3
Total operating revenues 4,551.3 4,302.8 4,792.4
Operating Segments | Benefits and Protection | Specialty Benefits      
Revenues from Contracts with Customers - Disaggregation of Revenues      
Total revenues from contracts with customers 15.9 15.1 14.9
Fees and other revenues not within the scope of revenue recognition guidance 18.2 18.6 19.0
Total fees and other revenues 34.1 33.7 33.9
Premiums and other considerations 3,020.9 2,771.1 2,496.4
Net investment income (loss) 174.4 179.8 179.3
Total operating revenues 3,229.4 2,984.6 2,709.6
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 15.9 15.1 14.9
Operating Segments | Benefits and Protection | Life Insurance      
Revenues from Contracts with Customers - Disaggregation of Revenues      
Total revenues from contracts with customers 74.0 65.1 60.6
Fees and other revenues not within the scope of revenue recognition guidance 333.3 321.5 885.0
Total fees and other revenues 407.3 386.6 945.6
Premiums and other considerations 514.9 535.9 334.0
Net investment income (loss) 401.5 396.3 803.4
Total operating revenues 1,323.7 1,318.8 2,083.0
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 31.2 27.6 26.7
Operating Segments | Benefits and Protection | Life Insurance | Commission income      
Revenues from Contracts with Customers - Disaggregation of Revenues      
Total revenues from contracts with customers 42.8 37.5 33.9
Operating Segments | Principal Asset Management      
Revenues from Contracts with Customers - Disaggregation of Revenues      
Total revenues from contracts with customers 1,989.6 2,077.6 2,254.6
Total operating revenues 2,782.3 3,181.3 3,193.0
Operating Segments | Principal Asset Management | Principal Global Investors      
Revenues from Contracts with Customers - Disaggregation of Revenues      
Total revenues from contracts with customers 1,554.1 1,675.0 1,787.9
Fees and other revenues not within the scope of revenue recognition guidance 24.9 27.4 36.2
Total fees and other revenues 1,579.0 1,702.4 1,824.1
Net investment income (loss) 32.2 13.1 3.9
Total operating revenues 1,611.2 1,715.5 1,828.0
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 1,372.0 1,434.6 1,514.1
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 182.1 240.4 273.8
Operating Segments | Principal Asset Management | Principal International      
Revenues from Contracts with Customers - Disaggregation of Revenues      
Total revenues from contracts with customers 456.5 426.3 492.7
Fees and other revenues not within the scope of revenue recognition guidance 5.8 4.5 4.2
Total fees and other revenues 462.3 430.8 496.9
Premiums and other considerations 29.0 77.7 127.5
Net investment income (loss) 701.5 980.9 766.7
Total operating revenues 1,192.8 1,489.4 1,391.1
Operating Segments | Principal Asset Management | Principal International | Latin America      
Revenues from Contracts with Customers - Disaggregation of Revenues      
Total revenues from contracts with customers 346.9 315.2 364.0
Operating Segments | Principal Asset Management | Principal International | Asia      
Revenues from Contracts with Customers - Disaggregation of Revenues      
Total revenues from contracts with customers 110.4 111.5 129.6
Operating Segments | Principal Asset Management | Principal International | Geographical Eliminations      
Revenues from Contracts with Customers - Disaggregation of Revenues      
Total revenues from contracts with customers (0.8) (0.4) (0.9)
Operating Segments | Principal Asset Management | Principal International | Management fee revenue      
Revenues from Contracts with Customers - Disaggregation of Revenues      
Total revenues from contracts with customers 448.1 417.1 484.4
Operating Segments | Principal Asset Management | Principal International | Other fee revenue      
Revenues from Contracts with Customers - Disaggregation of Revenues      
Total revenues from contracts with customers 8.4 9.2 8.3
Operating Segments | Retirement and Income Solutions      
Revenues from Contracts with Customers - Disaggregation of Revenues      
Total revenues from contracts with customers 556.3 551.4 590.1
Fees and other revenues not within the scope of revenue recognition guidance 1,118.7 1,114.0 1,226.9
Total fees and other revenues 1,675.0 1,665.4 1,817.0
Premiums and other considerations 2,935.0 1,959.7 1,883.6
Net investment income (loss) 2,640.2 2,274.1 2,728.8
Total operating revenues 7,250.2 5,899.2 6,429.4
Operating Segments | Retirement and Income Solutions | Administrative service fee revenue      
Revenues from Contracts with Customers - Disaggregation of Revenues      
Total revenues from contracts with customers 539.5 537.0 576.7
Operating Segments | Retirement and Income Solutions | Deposit account fee revenue      
Revenues from Contracts with Customers - Disaggregation of Revenues      
Total revenues from contracts with customers 11.3 10.2 9.2
Operating Segments | Retirement and Income Solutions | Other fee revenue      
Revenues from Contracts with Customers - Disaggregation of Revenues      
Total revenues from contracts with customers 3.6 3.0 3.5
Operating Segments | Retirement and Income Solutions | Commission income      
Revenues from Contracts with Customers - Disaggregation of Revenues      
Total revenues from contracts with customers 1.9 1.2 0.7
Operating Segments | Corporate      
Revenues from Contracts with Customers - Disaggregation of Revenues      
Total revenues from contracts with customers 179.2 166.7 230.1
Fees and other revenues not within the scope of revenue recognition guidance (299.0) (312.6) (359.3)
Total fees and other revenues (119.8) (145.9) (129.2)
Premiums and other considerations (14.5) (4.2)  
Net investment income (loss) 210.7 167.2 157.1
Total operating revenues 76.4 17.1 27.9
Operating Segments | Corporate | Other fee revenue      
Revenues from Contracts with Customers - Disaggregation of Revenues      
Total revenues from contracts with customers 84.1 79.7 68.8
Operating Segments | Corporate | Commission income      
Revenues from Contracts with Customers - Disaggregation of Revenues      
Total revenues from contracts with customers 373.9 366.2 388.9
Operating Segments | Corporate | Revenue by type - Eliminations      
Revenues from Contracts with Customers - Disaggregation of Revenues      
Total revenues from contracts with customers $ (278.8) $ (279.2) $ (227.6)