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Condensed Consolidating Financial Information - Guarantor, Statements of Operations (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues        
Premiums and other considerations $ 1,932.9 $ 1,265.8 $ 3,657.8 $ 2,261.0
Fees and other revenues 1,006.6 1,012.6 1,980.1 2,023.9
Net investment income (loss) 1,037.1 889.1 1,998.1 1,791.3
Net realized capital gains (losses), excluding impairment losses on available-for-sale securities 13.3 76.4 104.6 61.2
Net other-than-temporary impairment (losses) recoveries on fixed maturities, available-for-sale (17.0) (8.2) (26.6) (6.9)
Other-than-temporary impairment losses on fixed maturities, available-for-sale reclassified to (from) other comprehensive income (0.3) (0.8) 2.5 (12.0)
Net impairment (losses) recoveries on fixed maturities, available-for-sale (17.3) (9.0) (24.1) (18.9)
Net realized capital gains (losses) (4.0) 67.4 80.5 42.3
Total revenues 3,972.6 3,234.9 7,716.5 6,118.5
Expenses        
Benefits, claims and settlement expenses 2,446.1 1,699.2 4,641.2 3,110.3
Dividends to policyholders 29.9 30.2 60.0 60.7
Operating expenses 1,046.3 990.1 2,039.0 1,975.1
Total expenses 3,522.3 2,719.5 6,740.2 5,146.1
Income (loss) before income taxes 450.3 515.4 976.3 972.4
Income taxes (benefits) 58.2 55.9 132.1 110.4
Net income (loss) 392.1 459.5 844.2 862.0
Net income (loss) attributable to noncontrolling interest 5.8 2.9 28.0 8.3
Net income (loss) attributable to Principal Financial Group, Inc. 386.3 456.6 816.2 853.7
Net income (loss) 392.1 459.5 844.2 862.0
Other comprehensive income (loss) 1,072.3 (672.3) 2,219.0 (1,408.4)
Comprehensive income (loss) $ 1,464.4 $ (212.8) 3,063.2 (546.4)
Principal Financial Group, Inc. Parent Only | Legal Entities        
Revenues        
Net investment income (loss)     10.9 11.8
Net realized capital gains (losses), excluding impairment losses on available-for-sale securities     9.2 (8.6)
Net realized capital gains (losses)     9.2 (8.6)
Total revenues     20.1 3.2
Expenses        
Operating expenses     110.1 95.2
Total expenses     110.1 95.2
Income (loss) before income taxes     (90.0) (92.0)
Income taxes (benefits)     (22.3) (41.0)
Equity in the net income (loss) of subsidiaries     883.9 904.7
Net income (loss)     816.2 853.7
Net income (loss) attributable to Principal Financial Group, Inc.     816.2 853.7
Net income (loss)     816.2 853.7
Other comprehensive income (loss)     2,201.1 (1,398.2)
Comprehensive income (loss)     3,017.3 (544.5)
Principal Life Insurance Company Only | Legal Entities        
Revenues        
Premiums and other considerations     3,293.1 1,941.7
Fees and other revenues     1,102.5 1,091.3
Net investment income (loss)     1,419.2 1,282.0
Net realized capital gains (losses), excluding impairment losses on available-for-sale securities     411.8 (98.6)
Net other-than-temporary impairment (losses) recoveries on fixed maturities, available-for-sale     (24.1) (4.6)
Other-than-temporary impairment losses on fixed maturities, available-for-sale reclassified to (from) other comprehensive income     2.6 (11.4)
Net impairment (losses) recoveries on fixed maturities, available-for-sale     (21.5) (16.0)
Net realized capital gains (losses)     390.3 (114.6)
Total revenues     6,205.1 4,200.4
Expenses        
Benefits, claims and settlement expenses     4,116.2 2,640.6
Dividends to policyholders     60.0 60.7
Operating expenses     1,189.3 1,144.3
Total expenses     5,365.5 3,845.6
Income (loss) before income taxes     839.6 354.8
Income taxes (benefits)     110.7 7.2
Equity in the net income (loss) of subsidiaries     (131.6) 313.2
Net income (loss)     597.3 660.8
Net income (loss) attributable to Principal Financial Group, Inc.     597.3 660.8
Net income (loss)     597.3 660.8
Other comprehensive income (loss)     2,011.1 (1,219.2)
Comprehensive income (loss)     2,608.4 (558.4)
Principal Financial Services, Inc. and Other Subsidiaries Combined | Legal Entities        
Revenues        
Premiums and other considerations     364.7 319.3
Fees and other revenues     1,067.7 1,126.7
Net investment income (loss)     1,151.0 1,152.8
Net realized capital gains (losses), excluding impairment losses on available-for-sale securities     (316.4) 168.4
Net other-than-temporary impairment (losses) recoveries on fixed maturities, available-for-sale     (2.5) (2.3)
Other-than-temporary impairment losses on fixed maturities, available-for-sale reclassified to (from) other comprehensive income     (0.1) (0.6)
Net impairment (losses) recoveries on fixed maturities, available-for-sale     (2.6) (2.9)
Net realized capital gains (losses)     (319.0) 165.5
Total revenues     2,264.4 2,764.3
Expenses        
Benefits, claims and settlement expenses     530.7 475.3
Operating expenses     917.0 916.7
Total expenses     1,447.7 1,392.0
Income (loss) before income taxes     816.7 1,372.3
Income taxes (benefits)     44.8 144.5
Equity in the net income (loss) of subsidiaries     134.5 (320.3)
Net income (loss)     906.4 907.5
Net income (loss) attributable to noncontrolling interest     25.6 8.3
Net income (loss) attributable to Principal Financial Group, Inc.     880.8 899.2
Net income (loss)     906.4 907.5
Other comprehensive income (loss)     2,227.8 (1,500.5)
Comprehensive income (loss)     3,134.2 (593.0)
Eliminations, Notes Guarantor | Eliminations        
Revenues        
Fees and other revenues     (190.1) (194.1)
Net investment income (loss)     (583.0) (655.3)
Total revenues     (773.1) (849.4)
Expenses        
Benefits, claims and settlement expenses     (5.7) (5.6)
Operating expenses     (177.4) (181.1)
Total expenses     (183.1) (186.7)
Income (loss) before income taxes     (590.0) (662.7)
Income taxes (benefits)     (1.1) (0.3)
Equity in the net income (loss) of subsidiaries     (886.8) (897.6)
Net income (loss)     (1,475.7) (1,560.0)
Net income (loss) attributable to noncontrolling interest     2.4  
Net income (loss) attributable to Principal Financial Group, Inc.     (1,478.1) (1,560.0)
Net income (loss)     (1,475.7) (1,560.0)
Other comprehensive income (loss)     (4,221.0) 2,709.5
Comprehensive income (loss)     $ (5,696.7) $ 1,149.5