XML 61 R35.htm IDEA: XBRL DOCUMENT v2.4.1.9
Variable Interest Entities (Details) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Carrying amounts of consolidated VIE assets and liabilities    
Fixed maturities, available-for-sale $ 49,755.7us-gaap_AvailableForSaleSecuritiesDebtSecurities $ 49,670.8us-gaap_AvailableForSaleSecuritiesDebtSecurities
Fixed maturities, trading 574.0us-gaap_TradingSecuritiesDebt 604.6us-gaap_TradingSecuritiesDebt
Equity securities, trading 875.1us-gaap_TradingSecuritiesEquity 840.2us-gaap_TradingSecuritiesEquity
Real estate 1,391.7us-gaap_RealEstateInvestments 1,344.6us-gaap_RealEstateInvestments
Other investments 3,395.6pfg_OtherInvestmentsAsDefined 3,209.8pfg_OtherInvestmentsAsDefined
Accrued investment income 531.1us-gaap_AccruedInvestmentIncomeReceivable 505.9us-gaap_AccruedInvestmentIncomeReceivable
Separate account assets 143,505.2us-gaap_SeparateAccountAssets 140,072.8us-gaap_SeparateAccountAssets
Other assets 1,013.7us-gaap_OtherAssets 1,083.5us-gaap_OtherAssets
Total assets 222,494.9us-gaap_Assets 219,087.0us-gaap_Assets
Long-term debt 2,514.6us-gaap_LongTermDebt 2,531.2us-gaap_LongTermDebt
Income taxes currently payable 12.0us-gaap_AccruedIncomeTaxes 11.5us-gaap_AccruedIncomeTaxes
Deferred income taxes 968.5us-gaap_DeferredTaxLiabilities 1,035.3us-gaap_DeferredTaxLiabilities
Separate account liabilities 143,505.2us-gaap_SeparateAccountsLiability 140,072.8us-gaap_SeparateAccountsLiability
Other liabilities 5,506.3us-gaap_OtherLiabilities 5,542.2us-gaap_OtherLiabilities
Total liabilities 211,937.8us-gaap_Liabilities 208,797.0us-gaap_Liabilities
Aggregate consolidated variable interest entities    
Carrying amounts of consolidated VIE assets and liabilities    
Fixed maturities, available-for-sale 266.4us-gaap_AvailableForSaleSecuritiesDebtSecurities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
278.2us-gaap_AvailableForSaleSecuritiesDebtSecurities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Fixed maturities, trading 100.4us-gaap_TradingSecuritiesDebt
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
100.4us-gaap_TradingSecuritiesDebt
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Equity securities, trading 352.3us-gaap_TradingSecuritiesEquity
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
345.3us-gaap_TradingSecuritiesEquity
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Real estate 297.8us-gaap_RealEstateInvestments
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
284.9us-gaap_RealEstateInvestments
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Other investments 34.6pfg_OtherInvestmentsAsDefined
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
40.6pfg_OtherInvestmentsAsDefined
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Cash 6.0us-gaap_Cash
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
4.7us-gaap_Cash
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Accrued investment income 2.3us-gaap_AccruedInvestmentIncomeReceivable
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
2.0us-gaap_AccruedInvestmentIncomeReceivable
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Separate account assets 35,319.4us-gaap_SeparateAccountAssets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
34,655.4us-gaap_SeparateAccountAssets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Other assets 0.3us-gaap_OtherAssets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
0.3us-gaap_OtherAssets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Total assets 36,379.5us-gaap_Assets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
35,711.8us-gaap_Assets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Long-term debt 65.6us-gaap_LongTermDebt
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
82.3us-gaap_LongTermDebt
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Income taxes currently payable 0.2us-gaap_AccruedIncomeTaxes
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
10.6us-gaap_AccruedIncomeTaxes
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Deferred income taxes 1.3us-gaap_DeferredTaxLiabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
1.1us-gaap_DeferredTaxLiabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Separate account liabilities 35,319.4us-gaap_SeparateAccountsLiability
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
34,655.4us-gaap_SeparateAccountsLiability
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Other liabilities 335.9us-gaap_OtherLiabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
344.0us-gaap_OtherLiabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Total liabilities 35,722.4us-gaap_Liabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
35,093.4us-gaap_Liabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Grantor trusts    
Consolidated Variable Interest Entity disclosures    
Number of consolidated variable interest entities 3pfg_VariableInterestEntitiesConsolidatedNumber
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryGrantorTrustsMember
 
Carrying amounts of consolidated VIE assets and liabilities    
Fixed maturities, available-for-sale 266.4us-gaap_AvailableForSaleSecuritiesDebtSecurities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryGrantorTrustsMember
278.2us-gaap_AvailableForSaleSecuritiesDebtSecurities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryGrantorTrustsMember
Accrued investment income 0.4us-gaap_AccruedInvestmentIncomeReceivable
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryGrantorTrustsMember
0.4us-gaap_AccruedInvestmentIncomeReceivable
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryGrantorTrustsMember
Total assets 266.8us-gaap_Assets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryGrantorTrustsMember
278.6us-gaap_Assets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryGrantorTrustsMember
Deferred income taxes 1.7us-gaap_DeferredTaxLiabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryGrantorTrustsMember
1.5us-gaap_DeferredTaxLiabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryGrantorTrustsMember
Other liabilities 233.8us-gaap_OtherLiabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryGrantorTrustsMember
239.1us-gaap_OtherLiabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryGrantorTrustsMember
Total liabilities 235.5us-gaap_Liabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryGrantorTrustsMember
240.6us-gaap_Liabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryGrantorTrustsMember
Collateralized private investment vehicle    
Consolidated Variable Interest Entity disclosures    
Number of entities for which the reporting entity acts as primary beneficiary 1pfg_NumberOfEntitiesForWhichReportingEntityActsAsPrimaryBeneficiary
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryCollateralizedPrivateInvestmentVehiclesMember
 
Carrying amounts of consolidated VIE assets and liabilities    
Fixed maturities, trading 100.4us-gaap_TradingSecuritiesDebt
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryCollateralizedPrivateInvestmentVehiclesMember
100.4us-gaap_TradingSecuritiesDebt
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryCollateralizedPrivateInvestmentVehiclesMember
Total assets 100.4us-gaap_Assets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryCollateralizedPrivateInvestmentVehiclesMember
100.4us-gaap_Assets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryCollateralizedPrivateInvestmentVehiclesMember
Other liabilities 86.7us-gaap_OtherLiabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryCollateralizedPrivateInvestmentVehiclesMember
85.6us-gaap_OtherLiabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryCollateralizedPrivateInvestmentVehiclesMember
Total liabilities 86.7us-gaap_Liabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryCollateralizedPrivateInvestmentVehiclesMember
85.6us-gaap_Liabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryCollateralizedPrivateInvestmentVehiclesMember
Commercial mortgage-backed securities VIE    
Carrying amounts of consolidated VIE assets and liabilities    
Other investments 28.9pfg_OtherInvestmentsAsDefined
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryCommercialMortgageBackedSecuritiesMember
35.0pfg_OtherInvestmentsAsDefined
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryCommercialMortgageBackedSecuritiesMember
Accrued investment income 0.2us-gaap_AccruedInvestmentIncomeReceivable
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryCommercialMortgageBackedSecuritiesMember
0.2us-gaap_AccruedInvestmentIncomeReceivable
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryCommercialMortgageBackedSecuritiesMember
Total assets 29.1us-gaap_Assets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryCommercialMortgageBackedSecuritiesMember
35.2us-gaap_Assets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryCommercialMortgageBackedSecuritiesMember
Other liabilities 1.9us-gaap_OtherLiabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryCommercialMortgageBackedSecuritiesMember
4.8us-gaap_OtherLiabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryCommercialMortgageBackedSecuritiesMember
Total liabilities 1.9us-gaap_Liabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryCommercialMortgageBackedSecuritiesMember
4.8us-gaap_Liabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryCommercialMortgageBackedSecuritiesMember
Mandatory retirement savings    
Carrying amounts of consolidated VIE assets and liabilities    
Equity securities, trading 352.3us-gaap_TradingSecuritiesEquity
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryMandatoryRetirementSavingsMember
345.3us-gaap_TradingSecuritiesEquity
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryMandatoryRetirementSavingsMember
Separate account assets 35,319.4us-gaap_SeparateAccountAssets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryMandatoryRetirementSavingsMember
34,655.4us-gaap_SeparateAccountAssets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryMandatoryRetirementSavingsMember
Total assets 35,671.7us-gaap_Assets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryMandatoryRetirementSavingsMember
35,000.7us-gaap_Assets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryMandatoryRetirementSavingsMember
Separate account liabilities 35,319.4us-gaap_SeparateAccountsLiability
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryMandatoryRetirementSavingsMember
34,655.4us-gaap_SeparateAccountsLiability
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryMandatoryRetirementSavingsMember
Total liabilities 35,319.4us-gaap_Liabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryMandatoryRetirementSavingsMember
34,655.4us-gaap_Liabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryMandatoryRetirementSavingsMember
Real estate VIE    
Carrying amounts of consolidated VIE assets and liabilities    
Real estate 297.8us-gaap_RealEstateInvestments
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryRealEstateMember
284.9us-gaap_RealEstateInvestments
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryRealEstateMember
Other investments 5.7pfg_OtherInvestmentsAsDefined
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryRealEstateMember
5.6pfg_OtherInvestmentsAsDefined
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryRealEstateMember
Cash 6.0us-gaap_Cash
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryRealEstateMember
4.7us-gaap_Cash
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryRealEstateMember
Accrued investment income 1.7us-gaap_AccruedInvestmentIncomeReceivable
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryRealEstateMember
1.4us-gaap_AccruedInvestmentIncomeReceivable
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryRealEstateMember
Other assets 0.3us-gaap_OtherAssets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryRealEstateMember
0.3us-gaap_OtherAssets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryRealEstateMember
Total assets 311.5us-gaap_Assets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryRealEstateMember
296.9us-gaap_Assets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryRealEstateMember
Long-term debt 65.6us-gaap_LongTermDebt
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryRealEstateMember
82.3us-gaap_LongTermDebt
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryRealEstateMember
Income taxes currently payable 0.2us-gaap_AccruedIncomeTaxes
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryRealEstateMember
10.6us-gaap_AccruedIncomeTaxes
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryRealEstateMember
Deferred income taxes (0.4)us-gaap_DeferredTaxLiabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryRealEstateMember
(0.4)us-gaap_DeferredTaxLiabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryRealEstateMember
Other liabilities 13.5us-gaap_OtherLiabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryRealEstateMember
14.5us-gaap_OtherLiabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryRealEstateMember
Total liabilities $ 78.9us-gaap_Liabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryRealEstateMember
$ 107.0us-gaap_Liabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= pfg_VariableInterestEntityPrimaryBeneficiaryRealEstateMember