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Schedule II - Condensed Financial Information of Registrant (Parent Only) - Statements of Operations (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues      
Net investment income (loss) $ 4,091.9 $ 3,838.5 $ 4,429.6
Net realized capital gains (losses) [1] (72.2) (182.1) 115.4
Total revenues 13,665.8 17,536.1 14,427.8
Expenses      
Other operating costs and expenses 5,072.1 4,962.2 5,070.0
Total expenses 12,927.0 11,549.1 12,516.9
Loss before income taxes 738.8 5,987.0 1,910.9
Income taxes (benefits) 68.7 1,189.5 283.9
Net income (loss) attributable to Principal Financial Group, Inc. 623.2 4,756.9 1,580.2
Principal Financial Group, Inc. Parent Only | Legal Entities      
Revenues      
Net investment income (loss) 14.7 16.7 18.5
Net realized capital gains (losses)   (53.6) (14.9)
Total revenues 14.7 (36.9) 3.6
Expenses      
Other operating costs and expenses 224.0 188.8 160.9
Total expenses 224.0 188.8 160.9
Loss before income taxes (209.3) (225.7) (157.3)
Income taxes (benefits) (44.7) (33.8) (35.6)
Equity in the net income (loss) of subsidiaries 787.8 4,948.8 1,701.9
Net income (loss) attributable to Principal Financial Group, Inc. $ 623.2 $ 4,756.9 $ 1,580.2
[1] Includes realized and unrealized gains (losses). See Note 4, Investments, for further details.