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Condensed Consolidating Financial Information - Guarantor, Statements of Cash Flows (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating activities      
Net cash provided by (used in) operating activities $ 4,377.1 $ 3,102.9 $ 2,221.2
Investing activities      
Available-for-sale securities: Purchases (9,920.3) (9,054.0) (9,025.2)
Available-for-sale securities: Sales 1,563.0 2,512.0 1,919.1
Available-for-sale securities: Maturities 6,625.9 6,244.7 7,359.2
Mortgage loans acquired or originated (2,275.1) (2,169.6) (2,192.9)
Mortgage loans sold or repaid 1,687.3 1,793.6 2,095.1
Real estate acquired (322.0) (281.7) (85.6)
Net (purchases) sales of property and equipment (136.4) (136.0) (59.4)
Purchases of interest in subsidiaries, net of cash acquired (291.2)   (1,268.3)
Net change in other investments (98.8) (81.7) 31.7
Net cash provided by (used in) investing activities (3,167.6) (1,172.7) (1,226.3)
Financing activities      
Issuance of common stock 76.1 77.5 125.8
Acquisition of treasury stock (300.6) (222.7) (153.6)
Proceeds from financing element derivatives 0.3 15.1 47.0
Payments for financing element derivatives (82.0) (58.0) (48.0)
Excess tax benefits from share-based payment arrangements 15.7 9.7 10.1
Purchase of subsidiary shares from noncontrolling interest (22.5) (227.0) (52.9)
Sale of subsidiary shares to noncontrolling interest     31.8
Dividends to common stockholders (441.0) (376.6) (288.4)
Dividends to preferred stockholders (16.5) (33.0) (33.0)
Preferred stock redemption (550.0)    
Issuance of long-term debt 804.9 38.5 38.2
Principal repayments of long-term debt (52.6) (100.3) (218.2)
Net proceeds from (repayments of) short-term borrowings 157.0 (118.3) 108.0
Investment contract deposits 6,492.3 5,638.4 6,716.3
Investment contract withdrawals (6,666.8) (7,099.2) (8,852.7)
Net increase (decrease) in banking operation deposits 91.1 30.7 (225.7)
Other (14.0) (12.9) (5.0)
Net cash provided by (used in) financing activities (508.6) (2,438.1) (2,800.3)
Net increase (decrease) in cash and cash equivalents 700.9 (507.9) (1,805.4)
Cash and cash equivalents at beginning of period 1,863.9 2,371.8 4,177.2
Cash and cash equivalents at end of period 2,564.8 1,863.9 2,371.8
Principal Financial Group, Inc. Parent Only      
Operating activities      
Net cash provided by (used in) operating activities (85.1) (81.6) (42.8)
Investing activities      
Dividends and returns of capital received from (contributions to) unconsolidated entities 685.5 917.7 319.5
Net change in other investments 5.4 (0.7) (3.1)
Net cash provided by (used in) investing activities 690.9 917.0 316.4
Financing activities      
Issuance of common stock 76.1 77.5 125.8
Acquisition of treasury stock (300.6) (222.7) (153.6)
Excess tax benefits from share-based payment arrangements 0.7 0.3  
Dividends to common stockholders (441.0) (376.6) (288.4)
Dividends to preferred stockholders (16.5) (33.0) (33.0)
Preferred stock redemption (550.0)    
Issuance of long-term debt 791.8    
Net cash provided by (used in) financing activities (439.5) (554.5) (349.2)
Net increase (decrease) in cash and cash equivalents 166.3 280.9 (75.6)
Cash and cash equivalents at beginning of period 412.4 131.5 207.1
Cash and cash equivalents at end of period 578.7 412.4 131.5
Principal Life Insurance Company Only      
Operating activities      
Net cash provided by (used in) operating activities 3,803.0 2,461.0 2,271.7
Investing activities      
Available-for-sale securities: Purchases (8,835.2) (8,038.3) (7,850.8)
Available-for-sale securities: Sales 1,017.2 2,066.1 1,536.0
Available-for-sale securities: Maturities 5,847.9 5,696.6 6,433.3
Mortgage loans acquired or originated (2,177.1) (2,141.0) (2,378.4)
Mortgage loans sold or repaid 1,441.8 1,658.3 1,918.0
Real estate acquired (0.3) (0.8)  
Net (purchases) sales of property and equipment (109.3) (115.1) (52.4)
Dividends and returns of capital received from (contributions to) unconsolidated entities (1.5) 255.2 444.2
Net change in other investments 555.0 175.7 56.1
Net cash provided by (used in) investing activities (2,261.5) (443.3) 106.0
Financing activities      
Proceeds from financing element derivatives 0.3 15.1 47.0
Payments for financing element derivatives (82.0) (58.0) (48.0)
Excess tax benefits from share-based payment arrangements 5.7 4.2 3.1
Principal repayments of long-term debt   (100.0)  
Capital received from (dividends and capital paid to) parent (485.6) (867.7) (249.5)
Investment contract deposits 6,214.8 5,349.1 6,355.1
Investment contract withdrawals (6,655.5) (7,088.8) (8,846.6)
Other (14.0) (1.1) (5.0)
Net cash provided by (used in) financing activities (1,016.3) (2,747.2) (2,743.9)
Net increase (decrease) in cash and cash equivalents 525.2 (729.5) (366.2)
Cash and cash equivalents at beginning of period 602.7 1,332.2 1,698.4
Cash and cash equivalents at end of period 1,127.9 602.7 1,332.2
Principal Financial Services, Inc. and Other Subsidiaries Combined      
Operating activities      
Net cash provided by (used in) operating activities 317.0 1,205.0 (170.1)
Investing activities      
Available-for-sale securities: Purchases (1,085.1) (1,025.9) (1,186.1)
Available-for-sale securities: Sales 546.4 445.9 434.0
Available-for-sale securities: Maturities 778.0 548.1 925.9
Mortgage loans acquired or originated (325.8) (188.6) (202.2)
Mortgage loans sold or repaid 307.6 254.8 634.3
Real estate acquired (321.7) (280.9) (85.6)
Net (purchases) sales of property and equipment (27.1) (20.9) (7.0)
Purchases of interest in subsidiaries, net of cash acquired (291.2)   (1,268.3)
Dividends and returns of capital received from (contributions to) unconsolidated entities 485.6 867.7 319.5
Net change in other investments (319.8) (290.7) (70.2)
Net cash provided by (used in) investing activities (253.1) 309.5 (505.7)
Financing activities      
Excess tax benefits from share-based payment arrangements 9.3 5.2 7.0
Purchase of subsidiary shares from noncontrolling interest (23.4) (227.5) (52.9)
Sale of subsidiary shares to noncontrolling interest 0.9 0.5 31.8
Issuance of long-term debt 235.5 140.9 38.2
Principal repayments of long-term debt (116.4) (81.1) (214.4)
Net proceeds from (repayments of) short-term borrowings 157.0 (118.3) 108.0
Capital received from (dividends and capital paid to) parent (684.0) (1,172.9) (763.7)
Investment contract deposits 277.5 289.3 361.2
Investment contract withdrawals (11.3) (10.4) (6.1)
Net increase (decrease) in banking operation deposits 91.1 30.7 (225.7)
Other   (11.8)  
Net cash provided by (used in) financing activities (63.8) (1,155.4) (716.6)
Net increase (decrease) in cash and cash equivalents 0.1 359.1 (1,392.4)
Cash and cash equivalents at beginning of period 1,253.6 894.5 2,286.9
Cash and cash equivalents at end of period 1,253.7 1,253.6 894.5
Eliminations, Notes Guarantor      
Operating activities      
Net cash provided by (used in) operating activities 342.2 (481.5) 162.4
Investing activities      
Available-for-sale securities: Purchases   10.2 11.7
Available-for-sale securities: Sales (0.6)   (50.9)
Mortgage loans acquired or originated 227.8 160.0 387.7
Mortgage loans sold or repaid (62.1) (119.5) (457.2)
Dividends and returns of capital received from (contributions to) unconsolidated entities (1,169.6) (2,040.6) (1,083.2)
Net change in other investments (339.4) 34.0 48.9
Net cash provided by (used in) investing activities (1,343.9) (1,955.9) (1,143.0)
Financing activities      
Purchase of subsidiary shares from noncontrolling interest 0.9 0.5  
Sale of subsidiary shares to noncontrolling interest (0.9) (0.5)  
Issuance of long-term debt (222.4) (102.4)  
Principal repayments of long-term debt 63.8 80.8 (3.8)
Capital received from (dividends and capital paid to) parent 1,169.6 2,040.6 1,013.2
Net cash provided by (used in) financing activities 1,011.0 2,019.0 1,009.4
Net increase (decrease) in cash and cash equivalents 9.3 (418.4) 28.8
Cash and cash equivalents at beginning of period (404.8) 13.6 (15.2)
Cash and cash equivalents at end of period $ (395.5) $ (404.8) $ 13.6