XML 56 R72.htm IDEA: XBRL DOCUMENT v2.4.1.9
Fair Value Measurements (Details 7) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Assets (liabilities)    
Mortgage loans $ 11,899.5us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet $ 11,811.6us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet
Policy loans 826.0us-gaap_LoansInsurancePolicy 829.2us-gaap_LoansInsurancePolicy
Short-term debt (27.2)us-gaap_ShortTermBorrowings (28.0)us-gaap_ShortTermBorrowings
Long-term debt (2,514.6)us-gaap_LongTermDebt (2,531.2)us-gaap_LongTermDebt
Fair value hierarchy Level 1    
Assets (liabilities)    
Cash and cash equivalents not required to be reported at fair value 707.9pfg_CashAndCashEquivalentFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
822.2pfg_CashAndCashEquivalentFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
Bank deposits (1,339.4)us-gaap_Deposits
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
(1,343.8)us-gaap_Deposits
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
Cash collateral payable (231.9)pfg_CashCollateralLiabilityFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
(148.3)pfg_CashCollateralLiabilityFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
Fair value hierarchy Level 2    
Assets (liabilities)    
Other investments 178.2pfg_OtherInvestmentsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
183.7pfg_OtherInvestmentsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
Investment-type insurance contracts (5,062.8)pfg_InvestmentTypeInsuranceContractsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
(5,455.4)pfg_InvestmentTypeInsuranceContractsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
Short-term debt (27.2)us-gaap_ShortTermBorrowings
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
(28.0)us-gaap_ShortTermBorrowings
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
Long-term debt (2,753.1)us-gaap_LongTermDebt
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
(2,703.8)us-gaap_LongTermDebt
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
Bank deposits (631.3)us-gaap_Deposits
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
(641.7)us-gaap_Deposits
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
Fair value hierarchy Level 3    
Assets (liabilities)    
Mortgage loans 12,494.4us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
12,350.2us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
Policy loans 1,067.2us-gaap_LoansInsurancePolicy
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
1,083.2us-gaap_LoansInsurancePolicy
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
Other investments 80.0pfg_OtherInvestmentsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
27.9pfg_OtherInvestmentsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
Investment-type insurance contracts (22,672.5)pfg_InvestmentTypeInsuranceContractsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
(22,867.3)pfg_InvestmentTypeInsuranceContractsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
Long-term debt (65.6)us-gaap_LongTermDebt
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
(82.3)us-gaap_LongTermDebt
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
Separate account liabilities (130,253.7)pfg_SeparateAccountLiabilitiesFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
(127,131.0)pfg_SeparateAccountLiabilitiesFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
Carrying amount    
Assets (liabilities)    
Mortgage loans 11,899.5us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
11,811.6us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Policy loans 826.0us-gaap_LoansInsurancePolicy
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
829.2us-gaap_LoansInsurancePolicy
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Other investments 253.5pfg_OtherInvestmentsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
211.2pfg_OtherInvestmentsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Cash and cash equivalents not required to be reported at fair value 707.9pfg_CashAndCashEquivalentFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
822.2pfg_CashAndCashEquivalentFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Investment-type insurance contracts (27,605.6)pfg_InvestmentTypeInsuranceContractsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
(28,256.3)pfg_InvestmentTypeInsuranceContractsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Short-term debt (27.2)us-gaap_ShortTermBorrowings
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
(28.0)us-gaap_ShortTermBorrowings
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Long-term debt (2,514.6)us-gaap_LongTermDebt
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
(2,531.2)us-gaap_LongTermDebt
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Separate account liabilities (131,598.5)pfg_SeparateAccountLiabilitiesFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
(128,480.5)pfg_SeparateAccountLiabilitiesFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Bank deposits (1,966.2)us-gaap_Deposits
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
(1,979.7)us-gaap_Deposits
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Cash collateral payable (231.9)pfg_CashCollateralLiabilityFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
(148.3)pfg_CashCollateralLiabilityFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Assets (liabilities) measured at fair value    
Assets (liabilities)    
Mortgage loans 12,494.4us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
12,350.2us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Policy loans 1,067.2us-gaap_LoansInsurancePolicy
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
1,083.2us-gaap_LoansInsurancePolicy
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Other investments 258.2pfg_OtherInvestmentsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
211.6pfg_OtherInvestmentsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Cash and cash equivalents not required to be reported at fair value 707.9pfg_CashAndCashEquivalentFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
822.2pfg_CashAndCashEquivalentFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Investment-type insurance contracts (27,735.3)pfg_InvestmentTypeInsuranceContractsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
(28,322.7)pfg_InvestmentTypeInsuranceContractsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Short-term debt (27.2)us-gaap_ShortTermBorrowings
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
(28.0)us-gaap_ShortTermBorrowings
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Long-term debt (2,818.7)us-gaap_LongTermDebt
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
(2,786.1)us-gaap_LongTermDebt
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Separate account liabilities (130,253.7)pfg_SeparateAccountLiabilitiesFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
(127,131.0)pfg_SeparateAccountLiabilitiesFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Bank deposits (1,970.7)us-gaap_Deposits
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
(1,985.5)us-gaap_Deposits
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Cash collateral payable $ (231.9)pfg_CashCollateralLiabilityFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
$ (148.3)pfg_CashCollateralLiabilityFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember