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Consolidated Statements of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Revenues    
Premiums and other considerations $ 916.4us-gaap_PremiumsEarnedNet $ 803.6us-gaap_PremiumsEarnedNet
Fees and other revenues 950.8us-gaap_FeesAndCommissions 829.7us-gaap_FeesAndCommissions
Net investment income (loss) 723.9us-gaap_NetInvestmentIncome 844.7us-gaap_NetInvestmentIncome
Net realized capital gains (losses), excluding impairment losses on available-for-sale securities 73.7pfg_NetGainLossExcludingAvailableForSaleImpairments 19.8pfg_NetGainLossExcludingAvailableForSaleImpairments
Net other-than-temporary impairment (losses) recoveries on available-for-sale securities 14.0us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities 10.9us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
Other-than-temporary impairment losses on fixed maturities, available-for-sale reclassified to (from) other comprehensive income (21.5)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities (30.1)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities
Net impairment (losses) recoveries on available-for-sale securities (7.5)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities (19.2)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
Net realized capital gains (losses) 66.2us-gaap_GainLossOnInvestments 0.6us-gaap_GainLossOnInvestments
Total revenues 2,657.3us-gaap_Revenues 2,478.6us-gaap_Revenues
Expenses    
Benefits, claims and settlement expenses 1,236.3us-gaap_PolicyholderBenefitsAndClaimsIncurredNet 1,227.5us-gaap_PolicyholderBenefitsAndClaimsIncurredNet
Dividends to policyholders 41.7us-gaap_PolicyholderDividends 45.7us-gaap_PolicyholderDividends
Operating expenses 921.2pfg_OperatingExpensesIncludingDeferredAcquisitionCostsCapitalizationAndAmortization 829.0pfg_OperatingExpensesIncludingDeferredAcquisitionCostsCapitalizationAndAmortization
Total expenses 2,199.2us-gaap_BenefitsLossesAndExpenses 2,102.2us-gaap_BenefitsLossesAndExpenses
Income (loss) before income taxes 458.1pfg_IncomeLossFromContinuingOperationsBeforeIncomeTaxes 376.4pfg_IncomeLossFromContinuingOperationsBeforeIncomeTaxes
Income taxes (benefits) 29.0us-gaap_IncomeTaxExpenseBenefit 52.3us-gaap_IncomeTaxExpenseBenefit
Net income (loss) 429.1us-gaap_ProfitLoss 324.1us-gaap_ProfitLoss
Net income (loss) attributable to noncontrolling interest 6.7us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 22.2us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income (loss) attributable to Principal Financial Group, Inc. 422.4us-gaap_NetIncomeLoss 301.9us-gaap_NetIncomeLoss
Preferred stock dividends 8.2us-gaap_DividendsPreferredStock 8.2us-gaap_DividendsPreferredStock
Net income (loss) available to common stockholders $ 414.2us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 293.7us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per common share    
Basic earnings per common share (in dollars per share) $ 1.41us-gaap_EarningsPerShareBasic $ 0.96us-gaap_EarningsPerShareBasic
Diluted earnings per common share (in dollars per share) $ 1.39us-gaap_EarningsPerShareDiluted $ 0.95us-gaap_EarningsPerShareDiluted
Dividends declared per common share (in dollars per share) $ 0.36us-gaap_CommonStockDividendsPerShareDeclared $ 0.28us-gaap_CommonStockDividendsPerShareDeclared