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Condensed Consolidating Financial Information - Shelf Registration 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 Financial Services, Inc. only | Legal Entities        
Assets        
Equity securities 41.4 11.9    
Investment in unconsolidated entities 16,664.1 14,325.5    
Other investments 251.9 100.9    
Cash and cash equivalents 598.4 649.0    
Accrued investment income 0.4 0.3    
Premiums due and other receivables 100.0 0.5    
Goodwill 618.5      
Other intangibles 531.7      
Other assets 35.2 38.7    
Total assets 18,841.6 15,126.8    
Liabilities        
Long-term debt 320.7 366.7    
Income taxes currently payable   9.8    
Deferred income taxes 5.9 13.9    
Other liabilities 1,113.6 1,002.9    
Total liabilities 1,440.2 1,393.3    
Stockholders' equity        
Additional paid-in capital 9,658.3 9,100.0    
Retained earnings (accumulated deficit) 6,263.5 5,716.8    
Accumulated other comprehensive income (loss) 1,479.6 (1,083.3)    
Total stockholders' equity attributable to Principal Financial Group, Inc. 17,401.4 13,733.5    
Total stockholders' equity 17,401.4 13,733.5    
Total liabilities and stockholders' equity 18,841.6 15,126.8    
Principal Life Insurance Company and other subsidiaries combined | Legal Entities        
Assets        
Fixed maturities, available-for-sale 69,840.4 59,897.0    
Fixed maturities, trading 407.7 327.2    
Equity securities 1,838.0 1,831.8    
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 649.4 726.0    
Other investments 3,597.7 3,329.9    
Cash and cash equivalents 2,656.2 3,096.8    
Accrued investment income 684.6 634.5    
Premiums due and other receivables 1,961.1 1,779.6    
Deferred acquisition costs 3,521.3 3,693.5    
Property and equipment 967.7 767.3    
Goodwill 1,075.3 1,100.0    
Other intangibles 1,255.0 1,315.1    
Separate account assets 165,468.0 144,987.9    
Other assets 1,509.5 1,521.9    
Total assets 274,431.6 242,876.5    
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 108.7 129.9    
Income taxes currently payable 66.4 61.5    
Deferred income taxes 2,285.8 1,446.4    
Separate account liabilities 165,468.0 144,987.9    
Other liabilities 6,104.7 4,838.1    
Total liabilities 257,292.1 227,759.6    
Redeemable noncontrolling interest 264.9 391.2    
Stockholders' equity        
Common stock 11.0 11.0    
Additional paid-in capital 12,157.9 12,004.5    
Retained earnings (accumulated deficit) 2,985.1 3,549.8    
Accumulated other comprehensive income (loss) 1,654.8 (903.6)    
Treasury stock, at cost (2.0) (2.0)    
Total stockholders' equity attributable to Principal Financial Group, Inc. 16,806.8 14,659.7    
Noncontrolling interest 67.8 66.0    
Total stockholders' equity 16,874.6 14,725.7    
Total liabilities and stockholders' equity 274,431.6 242,876.5    
Principal Life Insurance Company 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, Shelf Registration Debt Guarantor | Eliminations        
Assets        
Investment in unconsolidated entities (34,022.9) (28,045.1)    
Cash and cash equivalents (1,133.6) (1,103.2)    
Premiums due and other receivables (320.8) (367.0)    
Other assets (571.8) (556.7)    
Total assets (36,049.1) (30,072.0)    
Liabilities        
Long-term debt (320.8) (366.8)    
Income taxes currently payable (50.2) (46.0)    
Deferred income taxes (495.1) (501.9)    
Other liabilities (974.8) (764.1)    
Total liabilities (1,840.9) (1,678.8)    
Stockholders' equity        
Common stock (11.0) (11.0)    
Additional paid-in capital (21,816.2) (21,104.5)    
Retained earnings (accumulated deficit) (9,248.6) (9,266.6)    
Accumulated other comprehensive income (loss) (3,134.4) 1,986.9    
Treasury stock, at cost 2.0 2.0    
Total stockholders' equity attributable to Principal Financial Group, Inc. (34,208.2) (28,393.2)    
Total stockholders' equity (34,208.2) (28,393.2)    
Total liabilities and stockholders' equity $ (36,049.1) $ (30,072.0)