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Condensed Consolidating Financial Information (Details 3) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Operating activities    
Net cash provided by (used in) operating activities $ 2,117.4 $ 1,377.3
Investing activities    
Available-for-sale securities: Purchases (4,828.5) (4,593.1)
Available-for-sale securities: Sales 983.1 1,385.6
Available-for-sale securities: Maturities 3,636.1 2,966.0
Mortgage loans acquired or originated (1,057.1) (956.9)
Mortgage loans sold or repaid 775.3 865.2
Real estate acquired (204.1) (193.9)
Net (purchases) sales of property and equipment (67.3) (93.3)
Net change in other investments (174.6) 123.8
Net cash provided by (used in) investing activities (937.1) (496.6)
Financing activities    
Issuance of common stock 29.6 26.1
Acquisition of treasury stock (75.6) (149.8)
Proceeds from financing element derivatives 0.2 14.6
Payments for financing element derivatives (39.5) (25.6)
Excess tax benefits from share-based payment arrangements 14.1 5.8
Purchase of subsidiary shares from noncontrolling interest (11.0) (40.1)
Dividends to common stockholders (218.3) (176.8)
Dividends to preferred stockholders (16.5) (16.5)
Preferred stock redemption (550.0)  
Issuance of long-term debt 797.4 27.4
Principal repayments of long-term debt (19.8) (100.1)
Net proceeds from (repayments of) short-term borrowings   (0.3)
Investment contract deposits 2,722.9 2,648.1
Investment contract withdrawals (3,414.7) (3,701.3)
Net increase (decrease) in banking operation deposits 8.2 (15.3)
Other (6.8) (6.4)
Net cash provided by (used in) financing activities (779.8) (1,510.2)
Net increase (decrease) in cash and cash equivalents 400.5 (629.5)
Cash and cash equivalents at beginning of period 1,863.9 2,371.8
Cash and cash equivalents at end of period 2,264.4 1,742.3
Principal Financial Group, Inc. Parent Only    
Operating activities    
Net cash provided by (used in) operating activities (37.5) (35.8)
Investing activities    
Dividends and returns of capital received from (contributions to) unconsolidated entities 425.5 316.6
Net change in other investments 0.9 (4.8)
Net cash provided by (used in) investing activities 426.4 311.8
Financing activities    
Issuance of common stock 29.6 26.1
Acquisition of treasury stock (75.6) (149.8)
Excess tax benefits from share-based payment arrangements 0.6 0.2
Dividends to common stockholders (218.3) (176.8)
Dividends to preferred stockholders (16.5) (16.5)
Preferred stock redemption (550.0)  
Issuance of long-term debt 791.8  
Net cash provided by (used in) financing activities (38.4) (316.8)
Net increase (decrease) in cash and cash equivalents 350.5 (40.8)
Cash and cash equivalents at beginning of period 412.4 131.5
Cash and cash equivalents at end of period 762.9 90.7
Principal Life Insurance Company Only    
Operating activities    
Net cash provided by (used in) operating activities 1,901.3 1,043.2
Investing activities    
Available-for-sale securities: Purchases (4,332.1) (4,125.3)
Available-for-sale securities: Sales 759.7 1,157.3
Available-for-sale securities: Maturities 3,226.9 2,711.9
Mortgage loans acquired or originated (1,013.3) (961.0)
Mortgage loans sold or repaid 663.8 864.8
Real estate acquired (0.3) (0.3)
Net (purchases) sales of property and equipment (55.4) (65.9)
Dividends and returns of capital received from (contributions to) unconsolidated entities (2.8) 99.2
Net change in other investments 111.0 (43.0)
Net cash provided by (used in) investing activities (642.5) (362.3)
Financing activities    
Proceeds from financing element derivatives 0.2 14.6
Payments for financing element derivatives (39.5) (25.6)
Excess tax benefits from share-based payment arrangements 5.1 2.4
Principal repayments of long-term debt   (100.0)
Capital received from (dividends and capital paid to) parent (225.6) (316.6)
Investment contract deposits 2,586.1 2,648.1
Investment contract withdrawals (3,410.3) (3,701.3)
Other (6.8) (6.5)
Net cash provided by (used in) financing activities (1,090.8) (1,484.9)
Net increase (decrease) in cash and cash equivalents 168.0 (804.0)
Cash and cash equivalents at beginning of period 602.7 1,332.2
Cash and cash equivalents at end of period 770.7 528.2
Principal Financial Services, Inc. and Other Subsidiaries Combined    
Operating activities    
Net cash provided by (used in) operating activities 209.1 288.2
Investing activities    
Available-for-sale securities: Purchases (496.4) (478.6)
Available-for-sale securities: Sales 224.1 228.3
Available-for-sale securities: Maturities 409.2 254.1
Mortgage loans acquired or originated (147.9) (82.4)
Mortgage loans sold or repaid 139.6 87.1
Real estate acquired (203.8) (193.6)
Net (purchases) sales of property and equipment (11.9) (27.4)
Dividends and returns of capital received from (contributions to) unconsolidated entities 225.6 316.6
Net change in other investments (188.9) 125.3
Net cash provided by (used in) investing activities (50.4) 229.4
Financing activities    
Issuance of common stock 0.1  
Excess tax benefits from share-based payment arrangements 8.4 3.2
Purchase of subsidiary shares from noncontrolling interest (11.6) (40.1)
Sale of subsidiary shares to noncontrolling interest 0.6  
Issuance of long-term debt 107.1 27.4
Principal repayments of long-term debt (49.3) (0.4)
Net proceeds from (repayments of) short-term borrowings   (0.3)
Capital received from (dividends and capital paid to) parent (422.7) (415.8)
Investment contract deposits 136.8  
Investment contract withdrawals (4.4)  
Net increase (decrease) in banking operation deposits 8.2 (15.3)
Other   0.1
Net cash provided by (used in) financing activities (226.8) (441.2)
Net increase (decrease) in cash and cash equivalents (68.1) 76.4
Cash and cash equivalents at beginning of period 1,253.6 894.5
Cash and cash equivalents at end of period 1,185.5 970.9
Eliminations, Notes Guarantor    
Operating activities    
Net cash provided by (used in) operating activities 44.5 81.7
Investing activities    
Available-for-sale securities: Purchases   10.8
Available-for-sale securities: Sales (0.7)  
Mortgage loans acquired or originated 104.1 86.5
Mortgage loans sold or repaid (28.1) (86.7)
Dividends and returns of capital received from (contributions to) unconsolidated entities (648.3) (732.4)
Net change in other investments (97.6) 46.3
Net cash provided by (used in) investing activities (670.6) (675.5)
Financing activities    
Issuance of common stock (0.1)  
Purchase of subsidiary shares from noncontrolling interest 0.6  
Sale of subsidiary shares to noncontrolling interest (0.6)  
Issuance of long-term debt (101.5)  
Principal repayments of long-term debt 29.5 0.3
Capital received from (dividends and capital paid to) parent 648.3 732.4
Net cash provided by (used in) financing activities 576.2 732.7
Net increase (decrease) in cash and cash equivalents (49.9) 138.9
Cash and cash equivalents at beginning of period (404.8) 13.6
Cash and cash equivalents at end of period $ (454.7) $ 152.5