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Condensed Consolidating Financial Information (Details 2) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues        
Premiums and other considerations $ 1,682.4 $ 835.4 $ 2,598.8 $ 1,639.0
Fees and other revenues 901.5 855.5 1,852.3 1,685.2
Net investment income (loss) 789.9 829.0 1,513.8 1,673.7
Net realized capital gains (losses), excluding impairment losses on available-for-sale securities (108.6) 109.7 (34.9) 129.5
Net other-than-temporary impairment (losses) recoveries on available-for-sale securities (0.6) 14.9 13.4 25.8
Other-than-temporary impairment losses on fixed maturities, available-for-sale reclassified to (from) other comprehensive income (5.4) (37.8) (26.9) (67.9)
Net impairment (losses) recoveries on available-for-sale securities (6.0) (22.9) (13.5) (42.1)
Net realized capital gains (losses) (114.6) 86.8 (48.4) 87.4
Total revenues 3,259.2 2,606.7 5,916.5 5,085.3
Expenses        
Benefits, claims and settlement expenses 2,054.6 1,268.4 3,290.9 2,495.9
Dividends to policyholders 41.1 44.6 82.8 90.3
Operating expenses 869.0 886.2 1,790.2 1,715.2
Total expenses 2,964.7 2,199.2 5,163.9 4,301.4
Income (loss) before income taxes 294.5 407.5 752.6 783.9
Income taxes (benefits) 29.6 88.3 58.6 140.6
Net income (loss) 264.9 319.2 694.0 643.3
Net income (loss) attributable to noncontrolling interest 7.3 4.6 14.0 26.8
Net income (loss) attributable to Principal Financial Group, Inc. 257.6 314.6 680.0 616.5
Preferred stock dividends 8.3 8.3 16.5 16.5
Excess of redemption value over carrying value of preferred shares redeemed 8.2   8.2  
Net income (loss) available to common stockholders 241.1 306.3 655.3 600.0
Net income (loss) 264.9 319.2 694.0 643.3
Other comprehensive income (loss) (349.6) 239.4 (371.8) 416.0
Comprehensive income (loss) $ (84.7) $ 558.6 322.2 1,059.3
Principal Financial Group, Inc. Parent Only        
Revenues        
Net investment income (loss)     0.8 0.1
Total revenues     0.8 0.1
Expenses        
Operating expenses     82.4 71.7
Total expenses     82.4 71.7
Income (loss) before income taxes     (81.6) (71.6)
Income taxes (benefits)     (33.9) (28.8)
Equity in the net income (loss) of subsidiaries     727.7 659.3
Net income (loss)     680.0 616.5
Net income (loss) attributable to Principal Financial Group, Inc.     680.0 616.5
Preferred stock dividends     16.5 16.5
Excess of redemption value over carrying value of preferred shares redeemed     8.2  
Net income (loss) available to common stockholders     655.3 600.0
Net income (loss)     680.0 616.5
Other comprehensive income (loss)     (436.8) 345.6
Comprehensive income (loss)     243.2 962.1
Principal Life Insurance Company Only        
Revenues        
Premiums and other considerations     2,431.1 1,406.5
Fees and other revenues     1,035.5 926.9
Net investment income (loss)     1,074.2 1,164.5
Net realized capital gains (losses), excluding impairment losses on available-for-sale securities     (4.9) 455.9
Net other-than-temporary impairment (losses) recoveries on available-for-sale securities     13.5 31.5
Other-than-temporary impairment losses on fixed maturities, available-for-sale reclassified to (from) other comprehensive income     (26.9) (68.0)
Net impairment (losses) recoveries on available-for-sale securities     (13.4) (36.5)
Net realized capital gains (losses)     (18.3) 419.4
Total revenues     4,522.5 3,917.3
Expenses        
Benefits, claims and settlement expenses     2,983.9 2,110.8
Dividends to policyholders     82.8 90.3
Operating expenses     1,078.3 1,048.2
Total expenses     4,145.0 3,249.3
Income (loss) before income taxes     377.5 668.0
Income taxes (benefits)     83.8 149.8
Equity in the net income (loss) of subsidiaries     147.8 (51.6)
Net income (loss)     441.5 466.6
Net income (loss) attributable to Principal Financial Group, Inc.     441.5 466.6
Net income (loss) available to common stockholders     441.5 466.6
Net income (loss)     441.5 466.6
Other comprehensive income (loss)     (203.0) 395.0
Comprehensive income (loss)     238.5 861.6
Principal Financial Services, Inc. and Other Subsidiaries Combined        
Revenues        
Premiums and other considerations     167.7 232.5
Fees and other revenues     1,022.5 953.1
Net investment income (loss)     707.4 803.9
Net realized capital gains (losses), excluding impairment losses on available-for-sale securities     (30.0) (326.4)
Net other-than-temporary impairment (losses) recoveries on available-for-sale securities     (0.1) (5.7)
Other-than-temporary impairment losses on fixed maturities, available-for-sale reclassified to (from) other comprehensive income       0.1
Net impairment (losses) recoveries on available-for-sale securities     (0.1) (5.6)
Net realized capital gains (losses)     (30.1) (332.0)
Total revenues     1,867.5 1,657.5
Expenses        
Benefits, claims and settlement expenses     312.8 390.7
Operating expenses     799.4 755.2
Total expenses     1,112.2 1,145.9
Income (loss) before income taxes     755.3 511.6
Income taxes (benefits)     9.5 20.5
Equity in the net income (loss) of subsidiaries     (7.6) 195.0
Net income (loss)     738.2 686.1
Net income (loss) attributable to noncontrolling interest     14.0 26.8
Net income (loss) attributable to Principal Financial Group, Inc.     724.2 659.3
Net income (loss) available to common stockholders     724.2 659.3
Net income (loss)     738.2 686.1
Other comprehensive income (loss)     (369.5) 517.4
Comprehensive income (loss)     368.7 1,203.5
Eliminations, Notes Guarantor        
Revenues        
Fees and other revenues     (205.7) (194.8)
Net investment income (loss)     (268.6) (294.8)
Total revenues     (474.3) (489.6)
Expenses        
Benefits, claims and settlement expenses     (5.8) (5.6)
Operating expenses     (169.9) (159.9)
Total expenses     (175.7) (165.5)
Income (loss) before income taxes     (298.6) (324.1)
Income taxes (benefits)     (0.8) (0.9)
Equity in the net income (loss) of subsidiaries     (867.9) (802.7)
Net income (loss)     (1,165.7) (1,125.9)
Net income (loss) attributable to Principal Financial Group, Inc.     (1,165.7) (1,125.9)
Net income (loss) available to common stockholders     (1,165.7) (1,125.9)
Net income (loss)     (1,165.7) (1,125.9)
Other comprehensive income (loss)     637.5 (842.0)
Comprehensive income (loss)     $ (528.2) $ (1,967.9)