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Investments - Gross Unrealized Losses for Fixed Maturities (Details)
$ in Millions
Dec. 31, 2019
USD ($)
item
Dec. 31, 2018
USD ($)
item
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value $ 5,390.1 $ 19,116.1
Fixed maturities, Less than twelve months, Gross unrealized losses 63.0 557.7
Fixed maturities, Greater than or equal to twelve months, Fair value 3,134.9 16,608.2
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 61.0 672.0
Fixed maturities, Total, Fair value 8,525.0 35,724.3
Fixed maturities, Total, Gross unrealized losses 124.0 1,229.7
U.S. government and agencies    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 100.0 101.8
Fixed maturities, Less than twelve months, Gross unrealized losses 1.9 1.6
Fixed maturities, Greater than or equal to twelve months, Fair value 74.2 500.3
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 1.1 15.4
Fixed maturities, Total, Fair value 174.2 602.1
Fixed maturities, Total, Gross unrealized losses 3.0 17.0
Non-U.S. governments    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 17.6 210.2
Fixed maturities, Less than twelve months, Gross unrealized losses 0.2 4.7
Fixed maturities, Greater than or equal to twelve months, Fair value 12.4 191.5
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses   9.9
Fixed maturities, Total, Fair value 30.0 401.7
Fixed maturities, Total, Gross unrealized losses 0.2 14.6
States and political subdivisions    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 559.9 1,359.9
Fixed maturities, Less than twelve months, Gross unrealized losses 11.2 33.9
Fixed maturities, Greater than or equal to twelve months, Fair value 86.3 1,590.3
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 0.4 61.4
Fixed maturities, Total, Fair value 646.2 2,950.2
Fixed maturities, Total, Gross unrealized losses 11.6 95.3
Corporate debt securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 1,041.5 13,198.4
Fixed maturities, Less than twelve months, Gross unrealized losses 27.8 476.0
Fixed maturities, Greater than or equal to twelve months, Fair value 394.7 6,865.0
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 24.4 369.2
Fixed maturities, Total, Fair value 1,436.2 20,063.4
Fixed maturities, Total, Gross unrealized losses 52.2 845.2
Residential mortgage-backed pass-through securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 429.6 236.7
Fixed maturities, Less than twelve months, Gross unrealized losses 1.4 1.0
Fixed maturities, Greater than or equal to twelve months, Fair value 237.3 1,410.2
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 2.4 48.8
Fixed maturities, Total, Fair value 666.9 1,646.9
Fixed maturities, Total, Gross unrealized losses 3.8 49.8
Commercial mortgage-backed securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 829.3 790.3
Fixed maturities, Less than twelve months, Gross unrealized losses 9.2 11.6
Fixed maturities, Greater than or equal to twelve months, Fair value 268.5 2,223.2
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 14.8 83.0
Fixed maturities, Total, Fair value 1,097.8 3,013.5
Fixed maturities, Total, Gross unrealized losses 24.0 94.6
Collateralized debt obligations    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 639.4 2,233.3
Fixed maturities, Less than twelve months, Gross unrealized losses 1.8 24.0
Fixed maturities, Greater than or equal to twelve months, Fair value 1,447.8 162.6
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 12.5 6.5
Fixed maturities, Total, Fair value 2,087.2 2,395.9
Fixed maturities, Total, Gross unrealized losses 14.3 30.5
Other debt obligations    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 1,772.8 985.5
Fixed maturities, Less than twelve months, Gross unrealized losses 9.5 4.9
Fixed maturities, Greater than or equal to twelve months, Fair value 613.7 3,665.1
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 5.4 77.8
Fixed maturities, Total, Fair value 2,386.5 4,650.6
Fixed maturities, Total, Gross unrealized losses 14.9 82.7
Principal Life Insurance Company    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 5,302.7 18,764.0
Fixed maturities, Less than twelve months, Gross unrealized losses 44.0 541.3
Fixed maturities, Greater than or equal to twelve months, Fair value 3,078.0 16,287.9
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 59.9 661.6
Fixed maturities, Total, Fair value 8,380.7 35,051.9
Fixed maturities, Total, Gross unrealized losses $ 103.9 $ 1,202.9
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure    
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Percent Investment Grade (as a percent) 97.00% 95.00%
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Average Price (percent of carrying value to amortized cost) | item 99 97
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less Than Twelve Months | item 882 2,076
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Less Than Twelve Months (percent of carrying value to amortized cost) | item 99 97
Available-for-sale Securities in Unrealized Loss Positions, Percent Investment Grade, Less Than Twelve Months (as a percent) 98.00% 92.00%
Available-for-sale Securities in Unrealized Loss Position, Aggregate Losses On Investment Grade Investments, Less Than Twelve Months $ 43.1 $ 473.7
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Twelve Months or Longer | item 502 2,335
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) | item 98 96
Principal Life Insurance Company | Corporate debt securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses $ 23.6 $ 360.4
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure    
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) | item 94 95
Principal Life Insurance Company | Commercial mortgage-backed securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses $ 14.6 $ 82.2
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure    
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) | item 95 96