XML 100 R87.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidating Financial Information - Guarantor, Statements of Financial Position (Details) - USD ($)
$ in Millions
Jun. 30, 2017
Dec. 31, 2016
Jun. 30, 2016
Dec. 31, 2015
Assets        
Fixed maturities, available-for-sale $ 57,799.8 $ 54,846.1    
Fixed maturities, trading 241.3 398.4    
Equity securities, available-for-sale 103.7 98.9    
Equity securities, trading 1,586.4 1,413.4    
Mortgage loans 13,770.9 13,230.2    
Real estate 1,441.8 1,368.8    
Policy loans 808.7 823.8    
Investment in unconsolidated entities 810.7 773.2    
Other investments 2,487.2 2,882.7    
Cash and cash equivalents 2,006.4 2,719.6 $ 2,255.4 $ 2,564.8
Accrued investment income 605.4 580.6    
Premiums due and other receivables 1,381.4 1,361.9    
Deferred acquisition costs 3,452.2 3,380.2    
Property and equipment 750.3 699.0    
Goodwill 1,033.3 1,020.8    
Other intangibles 1,311.3 1,325.3    
Separate account assets 149,347.9 139,832.6    
Other assets 1,215.2 1,258.8    
Total assets 240,153.9 228,014.3    
Liabilities        
Contractholder funds 38,199.8 37,953.6    
Future policy benefits and claims 30,500.4 29,000.7    
Other policyholder funds 944.7 890.4    
Short-term debt 42.0 51.4    
Long-term debt 3,126.8 3,125.7    
Income taxes currently payable 16.5 12.9    
Deferred income taxes 1,281.8 972.4    
Separate account liabilities 149,347.9 139,832.6    
Other liabilities 5,360.9 5,783.3    
Total liabilities 228,820.8 217,623.0    
Redeemable noncontrolling interest 95.1 97.5 337.1 85.7
Stockholders' equity        
Common stock 4.7 4.7    
Additional paid-in capital 9,845.1 9,686.0    
Retained earnings (accumulated deficit) 8,112.2 7,720.4    
Accumulated other comprehensive income (loss) (116.1) (675.2)    
Treasury stock, at cost (6,677.8) (6,508.6)    
Total stockholders' equity attributable to Principal Financial Group, Inc. 11,168.1 10,227.3    
Noncontrolling interest 69.9 66.5    
Total stockholders' equity 11,238.0 10,293.8 10,567.7 9,377.4
Total liabilities and stockholders' equity 240,153.9 228,014.3    
Principal Financial Group, Inc. Parent Only        
Assets        
Investment in unconsolidated entities 13,636.9 12,597.9    
Other investments 9.8 9.8    
Cash and cash equivalents 778.5 882.6 692.3 578.7
Other assets 525.1 573.7    
Total assets 14,950.3 14,064.0    
Liabilities        
Long-term debt 3,127.3 3,126.4    
Other liabilities 654.9 710.3    
Total liabilities 3,782.2 3,836.7    
Stockholders' equity        
Common stock 4.7 4.7    
Additional paid-in capital 9,845.1 9,686.0    
Retained earnings (accumulated deficit) 8,112.2 7,720.4    
Accumulated other comprehensive income (loss) (116.1) (675.2)    
Treasury stock, at cost (6,677.8) (6,508.6)    
Total stockholders' equity attributable to Principal Financial Group, Inc. 11,168.1 10,227.3    
Total stockholders' equity 11,168.1 10,227.3    
Total liabilities and stockholders' equity 14,950.3 14,064.0    
Principal Life Insurance Company Only        
Assets        
Fixed maturities, available-for-sale 51,379.4 48,672.1    
Fixed maturities, trading 69.1 135.6    
Equity securities, available-for-sale 92.2 96.3    
Equity securities, trading 5.0 8.2    
Mortgage loans 12,976.1 12,460.7    
Real estate 4.2 4.4    
Policy loans 768.9 784.8    
Investment in unconsolidated entities 1,922.4 2,071.1    
Other investments 4,645.5 4,740.0    
Cash and cash equivalents 506.5 675.1 482.0 1,127.9
Accrued investment income 524.3 513.7    
Premiums due and other receivables 1,607.8 1,538.0    
Deferred acquisition costs 3,238.1 3,184.2    
Property and equipment 646.6 610.4    
Goodwill 54.3 54.3    
Other intangibles 22.6 23.5    
Separate account assets 111,053.3 103,661.9    
Other assets 1,005.2 969.5    
Total assets 190,521.5 180,203.8    
Liabilities        
Contractholder funds 35,646.0 35,337.7    
Future policy benefits and claims 25,679.2 24,392.6    
Other policyholder funds 822.1 780.7    
Deferred income taxes 1,086.1 533.6    
Separate account liabilities 111,053.3 103,661.9    
Other liabilities 7,657.3 7,300.9    
Total liabilities 181,944.0 172,007.4    
Stockholders' equity        
Common stock 2.5 2.5    
Additional paid-in capital 6,341.9 5,305.6    
Retained earnings (accumulated deficit) 1,051.0 2,139.9    
Accumulated other comprehensive income (loss) 1,182.1 748.4    
Total stockholders' equity attributable to Principal Financial Group, Inc. 8,577.5 8,196.4    
Total stockholders' equity 8,577.5 8,196.4    
Total liabilities and stockholders' equity 190,521.5 180,203.8    
Principal Financial Services, Inc. and Other Subsidiaries Combined        
Assets        
Fixed maturities, available-for-sale 6,786.5 6,559.9    
Fixed maturities, trading 172.2 262.8    
Equity securities, available-for-sale 11.5 2.6    
Equity securities, trading 1,581.4 1,405.2    
Mortgage loans 1,350.9 1,289.4    
Real estate 1,437.6 1,364.4    
Policy loans 39.8 39.0    
Investment in unconsolidated entities 6,848.6 6,493.7    
Other investments 1,876.6 1,783.0    
Cash and cash equivalents 1,394.6 2,082.8 1,561.8 1,253.7
Accrued investment income 83.0 74.5    
Premiums due and other receivables 3,072.2 2,836.0    
Deferred acquisition costs 214.1 196.0    
Property and equipment 103.7 88.6    
Goodwill 979.0 966.5    
Other intangibles 1,288.7 1,301.8    
Separate account assets 38,294.6 36,170.7    
Other assets 4,224.2 3,507.7    
Total assets 69,759.2 66,424.6    
Liabilities        
Contractholder funds 2,894.0 2,949.2    
Future policy benefits and claims 5,644.3 5,312.1    
Other policyholder funds 124.6 111.0    
Short-term debt 42.0 51.4    
Long-term debt 528.8 495.1    
Income taxes currently payable 130.1 124.3    
Deferred income taxes 1,241.5 1,111.9    
Separate account liabilities 38,294.6 36,170.7    
Other liabilities 7,148.9 7,425.9    
Total liabilities 56,048.8 53,751.6    
Redeemable noncontrolling interest 95.1 97.5    
Stockholders' equity        
Additional paid-in capital 9,030.0 9,010.9    
Retained earnings (accumulated deficit) 4,204.7 3,724.3    
Accumulated other comprehensive income (loss) 305.6 (230.9)    
Total stockholders' equity attributable to Principal Financial Group, Inc. 13,540.3 12,504.3    
Noncontrolling interest 75.0 71.2    
Total stockholders' equity 13,615.3 12,575.5    
Total liabilities and stockholders' equity 69,759.2 66,424.6    
Eliminations, Notes Guarantor        
Assets        
Fixed maturities, available-for-sale (366.1) (385.9)    
Mortgage loans (556.1) (519.9)    
Investment in unconsolidated entities (21,597.2) (20,389.5)    
Other investments (4,044.7) (3,650.1)    
Cash and cash equivalents (673.2) (920.9) $ (480.7) $ (395.5)
Accrued investment income (1.9) (7.6)    
Premiums due and other receivables (3,298.6) (3,012.1)    
Other assets (4,539.3) (3,792.1)    
Total assets (35,077.1) (32,678.1)    
Liabilities        
Contractholder funds (340.2) (333.3)    
Future policy benefits and claims (823.1) (704.0)    
Other policyholder funds (2.0) (1.3)    
Long-term debt (529.3) (495.8)    
Income taxes currently payable (113.6) (111.4)    
Deferred income taxes (1,045.8) (673.1)    
Other liabilities (10,100.2) (9,653.8)    
Total liabilities (12,954.2) (11,972.7)    
Stockholders' equity        
Common stock (2.5) (2.5)    
Additional paid-in capital (15,371.9) (14,316.5)    
Retained earnings (accumulated deficit) (5,255.7) (5,864.2)    
Accumulated other comprehensive income (loss) (1,487.7) (517.5)    
Total stockholders' equity attributable to Principal Financial Group, Inc. (22,117.8) (20,700.7)    
Noncontrolling interest (5.1) (4.7)    
Total stockholders' equity (22,122.9) (20,705.4)    
Total liabilities and stockholders' equity $ (35,077.1) $ (32,678.1)