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Condensed Consolidating Financial Information - Guarantor, Statements of Financial Position (Details) - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Assets        
Fixed maturities, available-for-sale $ 70,106.2 $ 60,108.5    
Fixed maturities, trading 675.9 636.1    
Equity securities 1,879.4 1,843.7    
Mortgage loans 16,486.9 15,336.9    
Real estate 1,714.8 1,729.7    
Policy loans 798.0 801.4    
Investment in unconsolidated entities 830.2 868.8    
Other investments 3,860.0 3,441.5    
Cash and cash equivalents 2,515.9 2,977.5    
Accrued investment income 686.6 636.2    
Premiums due and other receivables 1,740.3 1,413.1    
Deferred acquisition costs 3,521.3 3,693.5 $ 3,540.7 $ 3,380.2
Property and equipment 967.7 767.3    
Goodwill 1,693.8 1,100.0 1,068.8  
Other intangibles 1,786.7 1,315.1    
Separate account assets 165,468.0 144,987.9    
Other assets 1,356.1 1,378.9    
Total assets 276,087.8 243,036.1    
Liabilities        
Contractholder funds 41,367.5 39,699.7    
Future policy benefits and claims 40,838.2 35,664.8    
Other policyholder funds 959.4 888.4    
Short-term debt 93.4 42.9    
Long-term debt 3,734.1 3,259.6    
Income taxes currently payable 16.2 25.3    
Deferred income taxes 1,796.6 958.4    
Separate account liabilities 165,468.0 144,987.9    
Other liabilities 6,863.7 5,661.9    
Total liabilities 261,137.1 231,188.9    
Redeemable noncontrolling interest 264.9 391.2 101.3 97.5
Stockholders' equity        
Common stock 4.8 4.8    
Additional paid-in capital 10,182.6 10,060.7    
Retained earnings (accumulated deficit) 11,074.3 10,290.2    
Accumulated other comprehensive income (loss) 1,037.9 (1,565.1)    
Treasury stock, at cost (7,681.6) (7,400.6)    
Total stockholders' equity attributable to Principal Financial Group, Inc. 14,618.0 11,390.0    
Noncontrolling interest 67.8 66.0    
Total stockholders' equity 14,685.8 11,456.0 $ 12,921.9 $ 10,293.8
Total liabilities and stockholders' equity 276,087.8 243,036.1    
Principal Financial Group, Inc. parent only | Legal Entities        
Assets        
Fixed maturities, available-for-sale 265.8 211.5    
Fixed maturities, trading 268.2 308.9    
Investment in unconsolidated entities 17,539.6 13,862.4    
Other investments 10.4 10.7    
Cash and cash equivalents 394.9 334.9    
Accrued investment income 1.6 1.4    
Other assets 383.2 375.0    
Total assets 18,863.7 15,104.8    
Liabilities        
Long-term debt 3,625.5 3,129.8    
Other liabilities 620.2 585.0    
Total liabilities 4,245.7 3,714.8    
Stockholders' equity        
Common stock 4.8 4.8    
Additional paid-in capital 10,182.6 10,060.7    
Retained earnings (accumulated deficit) 11,074.3 10,290.2    
Accumulated other comprehensive income (loss) 1,037.9 (1,565.1)    
Treasury stock, at cost (7,681.6) (7,400.6)    
Total stockholders' equity attributable to Principal Financial Group, Inc. 14,618.0 11,390.0    
Total stockholders' equity 14,618.0 11,390.0    
Total liabilities and stockholders' equity 18,863.7 15,104.8    
Principal Life Insurance Company only | Legal Entities        
Assets        
Fixed maturities, available-for-sale 62,363.1 53,401.7    
Fixed maturities, trading 237.5 165.5    
Equity securities 69.9 84.8    
Mortgage loans 15,388.5 14,478.0    
Real estate 3.3 1.9    
Policy loans 742.2 755.9    
Investment in unconsolidated entities 5,036.2 2,324.4    
Other investments 3,682.5 5,549.1    
Cash and cash equivalents 1,178.1 1,323.9    
Accrued investment income 608.5 563.2    
Premiums due and other receivables 2,082.3 1,818.1    
Deferred acquisition costs 3,509.7 3,680.2    
Property and equipment 733.9 661.3    
Goodwill 54.3 54.3    
Other intangibles 17.7 19.7    
Separate account assets 125,801.7 107,343.0    
Other assets 1,118.6 1,135.1    
Total assets 222,628.0 193,360.1    
Liabilities        
Contractholder funds 38,334.6 36,861.7    
Future policy benefits and claims 35,476.6 30,690.3    
Other policyholder funds 790.3 725.7    
Deferred income taxes 325.8 405.3    
Separate account liabilities 125,801.7 107,343.0    
Other liabilities 10,533.5 8,503.2    
Total liabilities 211,262.5 184,529.2    
Stockholders' equity        
Common stock 2.5 2.5    
Additional paid-in capital 6,331.5 6,331.6    
Retained earnings (accumulated deficit) 2,410.8 2,441.2    
Accumulated other comprehensive income (loss) 2,620.7 55.6    
Total stockholders' equity attributable to Principal Financial Group, Inc. 11,365.5 8,830.9    
Total stockholders' equity 11,365.5 8,830.9    
Total liabilities and stockholders' equity 222,628.0 193,360.1    
Principal Financial Services, Inc. and other subsidiaries combined | Legal Entities        
Assets        
Fixed maturities, available-for-sale 7,833.1 6,857.9    
Fixed maturities, trading 170.2 161.7    
Equity securities 1,809.5 1,758.9    
Mortgage loans 1,793.5 1,615.5    
Real estate 1,711.5 1,727.8    
Policy loans 55.8 45.5    
Investment in unconsolidated entities 6,429.5 6,853.8    
Other investments 2,859.6 2,517.6    
Cash and cash equivalents 1,767.7 2,014.8    
Accrued investment income 81.4 77.5    
Premiums due and other receivables 4,525.8 3,781.3    
Deferred acquisition costs 11.6 13.3    
Property and equipment 233.8 106.0    
Goodwill 1,639.5 1,045.7    
Other intangibles 1,769.0 1,295.4    
Separate account assets 39,666.3 37,644.9    
Other assets 5,358.4 4,418.3    
Total assets 77,716.2 71,935.9    
Liabilities        
Contractholder funds 3,388.0 3,189.2    
Future policy benefits and claims 6,740.7 6,128.6    
Other policyholder funds 171.9 165.3    
Short-term debt 93.4 42.9    
Long-term debt 763.1 851.2    
Income taxes currently payable 81.7 80.7    
Deferred income taxes 1,965.9 1,056.4    
Separate account liabilities 39,666.3 37,644.9    
Other liabilities 7,111.2 8,586.5    
Total liabilities 59,982.2 57,745.7    
Redeemable noncontrolling interest 264.9 391.2    
Stockholders' equity        
Additional paid-in capital 10,038.7 9,461.2    
Retained earnings (accumulated deficit) 6,414.3 5,855.0    
Accumulated other comprehensive income (loss) 948.3 (1,583.2)    
Total stockholders' equity attributable to Principal Financial Group, Inc. 17,401.3 13,733.0    
Noncontrolling interest 67.8 66.0    
Total stockholders' equity 17,469.1 13,799.0    
Total liabilities and stockholders' equity 77,716.2 71,935.9    
Principal Financial Services, Inc. and other subsidiaries combined | Legal Entities | Nonqualified benefit plans        
Stockholders' equity        
Assets held in Rabbi trusts 731.9 671.7    
Liabilities held in Rabbi trusts 593.7 542.4    
Eliminations, Notes Guarantor | Eliminations        
Assets        
Fixed maturities, available-for-sale (355.8) (362.6)    
Mortgage loans (695.1) (756.6)    
Investment in unconsolidated entities (28,175.1) (22,171.8)    
Other investments (2,692.5) (4,635.9)    
Cash and cash equivalents (824.8) (696.1)    
Accrued investment income (4.9) (5.9)    
Premiums due and other receivables (4,867.8) (4,186.3)    
Other assets (5,504.1) (4,549.5)    
Total assets (43,120.1) (37,364.7)    
Liabilities        
Contractholder funds (355.1) (351.2)    
Future policy benefits and claims (1,379.1) (1,154.1)    
Other policyholder funds (2.8) (2.6)    
Long-term debt (654.5) (721.4)    
Income taxes currently payable (65.5) (55.4)    
Deferred income taxes (495.1) (503.3)    
Other liabilities (11,401.2) (12,012.8)    
Total liabilities (14,353.3) (14,800.8)    
Stockholders' equity        
Common stock (2.5) (2.5)    
Additional paid-in capital (16,370.2) (15,792.8)    
Retained earnings (accumulated deficit) (8,825.1) (8,296.2)    
Accumulated other comprehensive income (loss) (3,569.0) 1,527.6    
Total stockholders' equity attributable to Principal Financial Group, Inc. (28,766.8) (22,563.9)    
Total stockholders' equity (28,766.8) (22,563.9)    
Total liabilities and stockholders' equity $ (43,120.1) $ (37,364.7)