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Nature of Operations and Significant Accounting Policies (Details 2) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended 3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Dec. 31, 2012
Adjustments Related to Deferred Acquisition Cost Accounting Change
Sep. 30, 2012
Adjustments Related to Deferred Acquisition Cost Accounting Change
Jun. 30, 2012
Adjustments Related to Deferred Acquisition Cost Accounting Change
Mar. 31, 2012
Adjustments Related to Deferred Acquisition Cost Accounting Change
Jun. 30, 2012
Adjustments Related to Deferred Acquisition Cost Accounting Change
Sep. 30, 2012
Adjustments Related to Deferred Acquisition Cost Accounting Change
Dec. 31, 2012
Adjustments Related to Deferred Acquisition Cost Accounting Change
Dec. 31, 2011
Adjustments Related to Deferred Acquisition Cost Accounting Change
Dec. 31, 2012
Adjustments Related to Deferred Acquisition Cost Accounting Change
As originally reported
Sep. 30, 2012
Adjustments Related to Deferred Acquisition Cost Accounting Change
As originally reported
Jun. 30, 2012
Adjustments Related to Deferred Acquisition Cost Accounting Change
As originally reported
Mar. 31, 2012
Adjustments Related to Deferred Acquisition Cost Accounting Change
As originally reported
Jun. 30, 2012
Adjustments Related to Deferred Acquisition Cost Accounting Change
As originally reported
Sep. 30, 2012
Adjustments Related to Deferred Acquisition Cost Accounting Change
As originally reported
Dec. 31, 2012
Adjustments Related to Deferred Acquisition Cost Accounting Change
As originally reported
Dec. 31, 2011
Adjustments Related to Deferred Acquisition Cost Accounting Change
As originally reported
Revenues                                    
Premiums and other considerations $ 694.7 $ 679.8 $ 700.1 $ 1,158.2 $ 681.3 $ 679.8 $ 1,361.1 $ 2,519.3 $ 3,219.4 $ 2,891.0 $ 700.1 $ 1,158.2 $ 681.3 $ 679.8 $ 1,361.1 $ 2,519.3 $ 3,219.4 $ 2,891.0
Fees and other revenues 733.6 598.0 717.6 675.0 636.1 598.0 1,234.1 1,909.1 2,626.7 2,526.7 717.6 675.0 636.1 598.0 1,234.1 1,909.1 2,626.7 2,526.7
Net investment income (loss) 789.3 824.8 845.3 783.8 801.0 824.8 1,625.8 2,409.6 3,254.9 3,375.3 845.3 783.8 801.0 824.8 1,625.8 2,409.6 3,254.9 3,375.3
Net realized capital gains (losses), excluding impairment losses on available-for-sale securities (26.4) 22.1 56.3 122.1 32.2 22.1 54.3 176.4 232.7 75.0 56.3 122.1 32.2 22.1 54.3 176.4 232.7 75.0
Total other-than-temporary impairment losses on available-for-sale securities (44.7) (33.7) (9.5) (43.6) (49.1) (33.7) (82.8) (126.4) (135.9) (147.6) (9.5) (43.6) (49.1) (33.7) (82.8) (126.4) (135.9) (147.6)
Other-than-temporary impairment losses on fixed maturities, available-for-sale reclassified to (from) other comprehensive income 20.2 4.9 (13.9) 9.2 17.1 4.9 22.0 31.2 17.3 (49.7) (13.9) 9.2 17.1 4.9 22.0 31.2 17.3 (49.7)
Net impairment losses on available-for-sale securities (24.5) (28.8) (23.4) (34.4) (32.0) (28.8) (60.8) (95.2) (118.6) (197.3) (23.4) (34.4) (32.0) (28.8) (60.8) (95.2) (118.6) (197.3)
Net realized capital gains (losses) (50.9) (6.7) 32.9 87.7 0.2 (6.7) (6.5) 81.2 114.1 (122.3) 32.9 87.7 0.2 (6.7) (6.5) 81.2 114.1 (122.3)
Total revenues 2,166.7 2,095.9 2,295.9 2,704.7 2,118.6 2,095.9 4,214.5 6,919.2 9,215.1 8,670.7 2,295.9 2,704.7 2,118.6 2,095.9 4,214.5 6,919.2 9,215.1 8,670.7
Expenses                                    
Benefits, claims and settlement expenses 1,094.5 1,212.5 1,154.4 1,647.0 1,110.0 1,212.5 2,322.5 3,969.5 5,123.9 4,616.6 1,154.4 1,647.0 1,110.0 1,212.5 2,322.5 3,969.5 5,123.9 4,616.6
Dividends to policyholders 48.3 50.3 48.2 49.7 49.5 50.3 99.8 149.5 197.7 210.2 48.2 49.7 49.5 50.3 99.8 149.5 197.7 210.2
Operating expenses 795.7 555.1 832.4 816.4 729.6 555.1 1,284.7 2,101.1 2,933.5 2,971.1 827.4 826.6 724.1 556.0 1,280.1 2,106.7 2,934.1 2,950.8
Total expenses 1,938.5 1,817.9 2,035.0 2,513.1 1,889.1 1,817.9 3,707.0 6,220.1 8,255.1 7,797.9 2,030.0 2,523.3 1,883.6 1,818.8 3,702.4 6,225.7 8,255.7 7,777.6
Income (loss) before income taxes 228.2 278.0 260.9 191.6 229.5 278.0 507.5 699.1 960.0 872.8 265.9 181.4 235.0 277.1 512.1 693.5 959.4 893.1
Income taxes (benefits) 38.2 56.7 34.2 (7.2) 50.9 56.7 107.6 100.4 134.6 198.3 35.5 (9.9) 50.9 58.2 109.1 99.2 134.7 204.2
Net income (loss) 190.0 221.3 226.7 198.8 178.6 221.3 399.9 598.7 825.4 674.5 230.4 191.3 184.1 218.9 403.0 594.3 824.7 688.9
Net income (loss) attributable to noncontrolling interest 3.5 9.2 3.5 3.4 2.7 9.2 11.9 15.3 18.8 36.2 3.5 3.4 2.7 9.2 11.9 15.3 18.8 36.2
Net income (loss) attributable to Principal Financial Group, Inc. 186.5 212.1 223.2 195.4 175.9 212.1 388.0 583.4 806.6 638.3 226.9 187.9 181.4 209.7 391.1 579.0 805.9 652.7
Preferred stock dividends 8.2 8.2 8.3 8.2 8.3 8.2 16.5 24.7 33.0 33.0 8.3 8.2 8.3 8.2 16.5 24.7 33.0 33.0
Net income (loss) available to common stockholders $ 178.3 $ 203.9 $ 214.9 $ 187.2 $ 167.6 $ 203.9 $ 371.5 $ 558.7 $ 773.6 $ 605.3 $ 218.6 $ 179.7 $ 173.1 $ 201.5 $ 374.6 $ 554.3 $ 772.9 $ 619.7
Earnings per common share                                    
Basic earnings per common share (in dollars per share) $ 0.61 $ 0.68 $ 0.72 $ 0.64 $ 0.56 $ 0.68 $ 1.24 $ 1.87 $ 2.60 $ 1.92 $ 0.74 $ 0.61 $ 0.58 $ 0.67 $ 1.25 $ 1.86 $ 2.60 $ 1.97
Diluted earnings per common share (in dollars per share) $ 0.61 $ 0.68 $ 0.72 $ 0.63 $ 0.56 $ 0.68 $ 1.22 $ 1.85 $ 2.58 $ 1.91 $ 0.74 $ 0.60 $ 0.58 $ 0.66 $ 1.24 $ 1.84 $ 2.57 $ 1.95