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Condensed Consolidating Financial Information (Details 3) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Operating activities    
Net cash provided by (used in) operating activities $ 595.9 $ 901.7
Investing activities    
Available-for-sale securities: Purchases (2,447.1) (2,060.5)
Available-for-sale securities: Sales 503.1 428.5
Available-for-sale securities: Maturities 1,790.9 1,612.1
Mortgage loans acquired or originated (610.9) (919.6)
Mortgage loans sold or repaid 555.8 361.4
Real estate acquired (23.4) (21.3)
Net (purchases) sales of property and equipment 6.7 (17.3)
Purchases of interest in subsidiaries, net of cash acquired (1,268.3)  
Net change in other investments (32.2) (73.8)
Net cash provided by (used in) investing activities (1,525.4) (690.5)
Financing activities    
Issuance of common stock 20.3 9.1
Acquisition of treasury stock (90.9) (64.2)
Proceeds from financing element derivatives 14.3 20.4
Payments for financing element derivatives (12.7) (16.2)
Excess tax benefits from share-based payment arrangements 3.8 9.9
Purchase of subsidiary shares from noncontrolling interest (30.6)  
Dividends to common stockholders (67.6) (54.3)
Dividends to preferred stockholders   (8.2)
Issuance of long-term debt 3.5 1.0
Principal repayments of long-term debt (0.4) (0.8)
Net proceeds from (repayments of) short-term borrowings   (7.5)
Investment contract deposits 1,419.7 1,618.6
Investment contract withdrawals (2,852.0) (2,885.9)
Net increase (decrease) in banking operation deposits 6.9 (13.4)
Other (0.8) (1.7)
Net cash provided by (used in) financing activities (1,586.5) (1,393.2)
Net increase (decrease) in cash and cash equivalents (2,516.0) (1,182.0)
Cash and cash equivalents at beginning of period 4,177.2 2,833.9
Cash and cash equivalents at end of period 1,661.2 1,651.9
Principal Financial Group, Inc. Parent Only
   
Operating activities    
Net cash provided by (used in) operating activities 28.0 79.9
Investing activities    
Dividends and returns of capital received from (contributions to) unconsolidated entities 18.8 189.3
Net change in other investments (3.0)  
Net cash provided by (used in) investing activities 15.8 189.3
Financing activities    
Issuance of common stock 20.3 9.1
Acquisition of treasury stock (90.9) (64.2)
Dividends to common stockholders (67.6) (54.3)
Dividends to preferred stockholders   (8.2)
Net cash provided by (used in) financing activities (138.2) (117.6)
Net increase (decrease) in cash and cash equivalents (94.4) 151.6
Cash and cash equivalents at beginning of period 207.1 226.7
Cash and cash equivalents at end of period 112.7 378.3
Principal Life Insurance Company Only
   
Operating activities    
Net cash provided by (used in) operating activities 812.7 930.6
Investing activities    
Available-for-sale securities: Purchases (2,242.7) (1,749.5)
Available-for-sale securities: Sales 392.7 412.3
Available-for-sale securities: Maturities 1,596.0 1,352.1
Mortgage loans acquired or originated (573.2) (887.1)
Mortgage loans sold or repaid 519.3 389.7
Real estate acquired 0.1  
Net (purchases) sales of property and equipment (2.0) (11.8)
Dividends and returns of capital received from (contributions to) unconsolidated entities 25.4 140.0
Net change in other investments 56.3 (29.6)
Net cash provided by (used in) investing activities (228.1) (383.9)
Financing activities    
Proceeds from financing element derivatives 14.3 20.4
Payments for financing element derivatives (12.7) (16.2)
Excess tax benefits from share-based payment arrangements 1.3 4.8
Capital received from (dividends and capital paid to) parent (15.8) (189.2)
Investment contract deposits 1,292.1 1,522.7
Investment contract withdrawals (2,850.3) (2,885.4)
Other (0.8) (1.7)
Net cash provided by (used in) financing activities (1,571.9) (1,544.6)
Net increase (decrease) in cash and cash equivalents (987.3) (997.9)
Cash and cash equivalents at beginning of period 1,698.4 1,344.5
Cash and cash equivalents at end of period 711.1 346.6
Principal Financial Services, Inc. and Other Subsidiaries Combined
   
Operating activities    
Net cash provided by (used in) operating activities (385.0) (217.8)
Investing activities    
Available-for-sale securities: Purchases (206.4) (329.5)
Available-for-sale securities: Sales 128.7 23.6
Available-for-sale securities: Maturities 194.9 260.0
Mortgage loans acquired or originated (59.8) (32.5)
Mortgage loans sold or repaid 79.2 81.5
Real estate acquired (23.5) (21.3)
Net (purchases) sales of property and equipment 8.7 (5.5)
Purchases of interest in subsidiaries, net of cash acquired (1,268.3)  
Dividends and returns of capital received from (contributions to) unconsolidated entities 15.8 189.2
Net change in other investments (104.0) (25.9)
Net cash provided by (used in) investing activities (1,234.7) 139.6
Financing activities    
Excess tax benefits from share-based payment arrangements 2.5 5.1
Purchase of subsidiary shares from noncontrolling interest (30.6)  
Issuance of long-term debt 3.5 1.0
Principal repayments of long-term debt 20.7 (9.0)
Net proceeds from (repayments of) short-term borrowings   (7.5)
Capital received from (dividends and capital paid to) parent (44.2) (329.3)
Investment contract deposits 127.6 95.9
Investment contract withdrawals (1.7) (0.5)
Net increase (decrease) in banking operation deposits 6.9 (13.4)
Net cash provided by (used in) financing activities 84.7 (257.7)
Net increase (decrease) in cash and cash equivalents (1,535.0) (335.9)
Cash and cash equivalents at beginning of period 2,286.9 1,277.6
Cash and cash equivalents at end of period 751.9 941.7
Eliminations, Notes Guarantor
   
Operating activities    
Net cash provided by (used in) operating activities 140.2 109.0
Investing activities    
Available-for-sale securities: Purchases 2.0 18.5
Available-for-sale securities: Sales (18.3) (7.4)
Mortgage loans acquired or originated 22.1  
Mortgage loans sold or repaid (42.7) (109.8)
Dividends and returns of capital received from (contributions to) unconsolidated entities (60.0) (518.5)
Net change in other investments 18.5 (18.3)
Net cash provided by (used in) investing activities (78.4) (635.5)
Financing activities    
Principal repayments of long-term debt (21.1) 8.2
Capital received from (dividends and capital paid to) parent 60.0 518.5
Net cash provided by (used in) financing activities 38.9 526.7
Net increase (decrease) in cash and cash equivalents 100.7 0.2
Cash and cash equivalents at beginning of period (15.2) (14.9)
Cash and cash equivalents at end of period $ 85.5 $ (14.7)