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Investments (Details 6) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Fixed maturities
   
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Fair value $ 2,796.6 $ 1,676.9
Less than twelve months, Gross unrealized losses 40.0 19.8
Greater than or equal to twelve months, Fair value 2,697.5 3,320.0
Greater than or equal to twelve months, Gross unrealized losses 719.6 851.3
Total, Fair value 5,494.1 4,996.9
Total, Gross unrealized losses 759.6 871.1
U.S. government and agencies
   
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Fair value 233.0 115.4
Less than twelve months, Gross unrealized losses 6.1 0.3
Total, Fair value 233.0 115.4
Total, Gross unrealized losses 6.1 0.3
Non-U.S. governments
   
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Fair value 30.0 17.3
Less than twelve months, Gross unrealized losses 1.3 0.2
Greater than or equal to twelve months, Fair value 11.6 13.4
Greater than or equal to twelve months, Gross unrealized losses 1.8 0.7
Total, Fair value 41.6 30.7
Total, Gross unrealized losses 3.1 0.9
States and political subdivisions
   
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Fair value 342.9 235.3
Less than twelve months, Gross unrealized losses 3.3 2.1
Greater than or equal to twelve months, Fair value 8.7 8.8
Greater than or equal to twelve months, Gross unrealized losses 0.5 0.6
Total, Fair value 351.6 244.1
Total, Gross unrealized losses 3.8 2.7
Corporate debt securities
   
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Fair value 1,318.1 831.8
Less than twelve months, Gross unrealized losses 21.1 10.6
Greater than or equal to twelve months, Fair value 1,619.7 1,961.7
Greater than or equal to twelve months, Gross unrealized losses 268.2 309.3
Total, Fair value 2,937.8 2,793.5
Total, Gross unrealized losses 289.3 319.9
Residential mortgage-backed pass-through securities
   
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Fair value 349.6 70.4
Less than twelve months, Gross unrealized losses 3.8 0.3
Greater than or equal to twelve months, Fair value 2.1 2.4
Greater than or equal to twelve months, Gross unrealized losses 0.1 0.1
Total, Fair value 351.7 72.8
Total, Gross unrealized losses 3.9 0.4
Commercial mortgage-backed securities
   
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Fair value 96.3 98.9
Less than twelve months, Gross unrealized losses 1.4 3.3
Greater than or equal to twelve months, Fair value 687.1 785.0
Greater than or equal to twelve months, Gross unrealized losses 370.5 435.8
Total, Fair value 783.4 883.9
Total, Gross unrealized losses 371.9 439.1
Collateralized debt obligations
   
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Fair value 30.2 72.2
Less than twelve months, Gross unrealized losses 0.1 1.0
Greater than or equal to twelve months, Fair value 92.4 133.8
Greater than or equal to twelve months, Gross unrealized losses 46.2 55.6
Total, Fair value 122.6 206.0
Total, Gross unrealized losses 46.3 56.6
Other debt obligations
   
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Fair value 396.5 235.6
Less than twelve months, Gross unrealized losses 2.9 2.0
Greater than or equal to twelve months, Fair value 275.9 414.9
Greater than or equal to twelve months, Gross unrealized losses 32.3 49.2
Total, Fair value 672.4 650.5
Total, Gross unrealized losses 35.2 51.2
Equity securities
   
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Fair value 5.0 5.8
Less than twelve months, Gross unrealized losses   0.1
Greater than or equal to twelve months, Fair value 55.4 52.9
Greater than or equal to twelve months, Gross unrealized losses 6.0 8.4
Total, Fair value 60.4 58.7
Total, Gross unrealized losses 6.0 8.5
Principal Life Insurance Company | Fixed maturities
   
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Less than twelve months, Fair value 2,413.1 1,382.1
Less than twelve months, Gross unrealized losses 30.0 16.2
Greater than or equal to twelve months, Fair value 2,396.5 3,037.3
Greater than or equal to twelve months, Gross unrealized losses 676.5 809.5
Total, Fair value 4,809.6 4,419.4
Total, Gross unrealized losses 706.5 825.7
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure    
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less Than Twelve Months 309 224
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Twelve Months or Longer 417 488
Available-for-sale Securities in Unrealized Loss Position, Aggregate Losses On Investment Grade Investments, Less Than Twelve Months 27.4 13.3
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Percent Investment Grade (as a percent) 76.00% 71.00%
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Average Price (percent of carrying value to amortized cost) 87 84
Available-for-sale Securities in Unrealized Loss Positions, Percent Investment Grade, Less Than Twelve Months (as a percent) 93.00% 89.00%
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Less Than Twelve Months (percent of carrying value to amortized cost) 99 99
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) 78 79
Principal Life Insurance Company | Corporate debt securities
   
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Greater than or equal to twelve months, Gross unrealized losses 227.0 268.1
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure    
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) 85 86
Principal Life Insurance Company | Commercial mortgage-backed securities
   
Gross Unrealized Losses for Fixed Maturities and Equity Securities    
Greater than or equal to twelve months, Gross unrealized losses $ 370.4 $ 435.8
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure    
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) 65 64