0001104659-23-051370.txt : 20230427 0001104659-23-051370.hdr.sgml : 20230427 20230427161856 ACCESSION NUMBER: 0001104659-23-051370 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20230427 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20230427 DATE AS OF CHANGE: 20230427 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PRINCIPAL FINANCIAL GROUP INC CENTRAL INDEX KEY: 0001126328 STANDARD INDUSTRIAL CLASSIFICATION: ACCIDENT & HEALTH INSURANCE [6321] IRS NUMBER: 421520346 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-16725 FILM NUMBER: 23857252 BUSINESS ADDRESS: STREET 1: 711 HIGH STREET CITY: DES MOINES STATE: IA ZIP: 50392 BUSINESS PHONE: 5152475111 MAIL ADDRESS: STREET 1: 711 HIGH STREET CITY: DES MOINES STATE: IA ZIP: 50392 8-K 1 tm2313877d1_8k.htm FORM 8-K
0001126328 false 0001126328 2023-04-27 2023-04-27 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report: April 27, 2023

(Date of earliest event reported)

 

PRINCIPAL FINANCIAL GROUP, INC.

(Exact name of registrant as specified in its charter)

 

Delaware 1-16725 42-1520346
(State or other jurisdiction (Commission file number) (I.R.S. Employer
of incorporation)   Identification Number)

 

711 High Street, Des Moines, Iowa 50392

(Address of principal executive offices)

 

(515) 247-5111

(Registrant’s telephone number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  
¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  
¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  
¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
  

¨ Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§203.405 of this chapter) or rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).            

 

      Emerging growth company    ¨

 

¨ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

Title of each class   Trading symbol(s)   Name of each exchange on which registered
Common Stock   PFG   Nasdaq Global Select Market

 

 

 

 

 

Item 2.02Results of Operations and Financial Condition

 

On April 27, 2023, Principal Financial Group, Inc. publicly announced information regarding its results of operations and financial condition for the quarter ended March 31, 2023. The text of the announcement is included herewith as Exhibit 99.

 

Item 9.01 Financial Statements and Exhibits

 

99First Quarter 2023 Earnings Release
104Cover Page to this Current Report on Form 8-K in Inline XBRL

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

PRINCIPAL FINANCIAL GROUP, INC.
    
By: /s/ Deanna D. Strable-Soethout
Name: Deanna D. Strable-Soethout
 Title: Executive Vice President and Chief Financial Officer

 

Date: April 27, 2023

 

 

 

 EX-99 2 tm2313877d1_ex99.htm EXHIBIT 99

 

Exhibit 99

 

 

 

Release: On receipt, Apr. 27, 2023
Media Contact: Jane Slusark, 515-362-0482, slusark.jane@principal.com
Investor Contact: Humphrey Lee, 877-909-1105, lee.humphrey@principal.com

 

Principal Financial Group® Announces First Quarter 2023 Results

Declares second quarter 2023 common stock dividend

 

 Company Highlights

 

·First quarter 2023 net loss attributable to Principal Financial Group®, Inc. (PFG)1 of $140 million, or $0.58 per diluted share, includes $487 million of loss from exited business.

 

·First quarter 2023 non-GAAP operating earnings2 of $367 million, or $1.48 per diluted share.

 

·Returned $306 million of capital to shareholders in first quarter 2023.

 

·Assets under management (AUM) of $660 billion, which is included in assets under administration (AUA) of $1.5 trillion. Total company net cash flow of $600 million.

 

·Company declares second quarter 2023 common stock dividend of $0.64 per share.

 

(Des Moines, Iowa) – Principal Financial Group® (Nasdaq: PFG) announced results for first quarter 2023.

 

·Non-GAAP net income attributable to PFG excluding loss from exited business1 for first quarter 2023 of $346.9 million, compared to $338.7 million for first quarter 2022. Non-GAAP net income excluding loss from exited business per diluted share of $1.40 for first quarter 2023 compared to net income per diluted share of $1.28 for first quarter 2022.

 

·Non-GAAP operating earnings for first quarter 2023 of $366.8 million, compared to $397.2 million for first quarter 2022. Non-GAAP operating earnings per diluted share of $1.48 for first quarter 2023 compared to $1.51 per diluted share for first quarter 2022.

 

·Quarterly common stock dividend of $0.64 per share for second quarter 2023 was authorized by the company’s Board of Directors, bringing the trailing twelve-month dividend to $2.56 per share. The dividend will be payable on June 30, 2023, to shareholders of record as of June 1, 2023.

 

“The strength and resiliency of our diversified business strategy helped to deliver non-GAAP operating earnings of $367 million in the first quarter and generated $600 million of positive net cash flow. We also returned over $300 million to our shareholders during the quarter,” said Dan Houston, chairman, president, and CEO of Principal®. “Our integrated business model is constructed to be resilient during periods of macroeconomic volatility, positioning us to perform in various economic conditions.”

 

 

1 All financial results and periods reflect the adoption of long-duration targeted improvements (LDTI) accounting guidance.

2 Use of non-GAAP financial measures is discussed in this release after segment results. Non-GAAP operating earnings for total company is after tax.

 

 

 

 

First quarter highlights

 

·Retirement and Income Solutions (RIS) sales of $8.8 billion increased 18% from first quarter 2022; operating margin3 of 38%

 

·Principal Global Investors (PGI) managed net cash flow of $0.4 billion and managed AUM of $478.7 billion

 

·Principal International (PI) reported net cash flow of $0.8 billion and AUM of $167.1 billion; operating margin4 of 33%

 

·Specialty Benefits premium and fees increased 10% from first quarter 2022 driven by continued strong sales, retention and employment growth

 

·Returned $306.0 million of capital to shareholders during the first quarter, including:

 

o$150.5 million to repurchase 1.7 million shares of common stock; and

 

o$155.5 million of common stock dividends with the $0.64 per share common dividend paid in the first quarter

 

Strong financial position

 

·$1.8 billion of excess and available capital in our holding companies and other subsidiaries

 

·Estimated statutory risk-based capital (RBC) ratio for Principal Life Insurance Company of 402%

 

 

3 Operating margin for RIS = pre-tax operating earnings divided by net revenue.

4 Operating margin for PI = pre-tax operating earnings divided by combined net revenue (at PFG share).

 

 

 

 

Segment Results

 

Retirement and Income Solutions

 

   Quarter  

Trailing Twelve Months 

 
(in millions except percentages or
otherwise noted)		  1Q23   1Q22   % Change   1Q23   1Q22   % Change 
Pre-tax operating earnings5  $249.8   $294.2    (15)%  $914.7   $1,028.3    (11)%
Net revenue6  $650.1   $732.5    (11)%  $2,534.1   $2,841.5    (11)%
Operating margin   38.4%   40.2%        36.1%   36.2%     

 

·Pre-tax operating earnings decreased $44.4 million due to lower net revenue partially offset by lower operating expenses.

 

·Net revenue decreased $82.4 million primarily due to lower net investment income, lower fee revenue driven by average account values pressured by market depreciation, and impacts from the 2022 reinsurance transaction.

 

Principal Global Investors

 

    Quarter     Trailing Twelve Months   
(in millions except percentages or
otherwise noted)		   1Q23     1Q22     % Change     1Q23     1Q22     % Change  
Pre-tax operating earnings   $ 109.1     $ 143.4       (24 )%   $ 569.7     $ 710.7       (20 )%
Operating revenues less pass-through expenses7   $ 361.5     $ 396.7       (9 )%   $ 1,542.8     $ 1,688.8       (9 )%
Operating margin8     30.5 %     36.5 %             37.2 %     42.4 %        
                                                 
Total PGI assets under management (billions)     $ 478.7     $ 537.4       (11 )%                        
PGI sourced assets under management (billions)   $ 245.9     $ 264.4       (7 )%                        

 

·Pre-tax operating earnings decreased $34.3 million primarily due to lower operating revenues less pass-through expenses.

 

·Operating revenues less pass-through expenses decreased $35.2 million primarily due to lower management fees from a decrease in average AUM.

 

 

5 Pre-tax operating earnings = operating earnings before income taxes and after noncontrolling interest.

6 Net revenue = operating revenues less: benefits, claims and settlement expenses; liability for future policy benefits remeasurement (gain) loss; market risk benefit remeasurement (gain) loss; and dividends to policyholders.

7 The company has provided reconciliations of the non-GAAP measures to the most directly comparable U.S. GAAP measures at the end of the release. The company has determined this measure is more representative of underlying operating revenues growth for PGI as it removes commissions and other expenses that are collected through fee revenue and passed through expenses with no impact to pre-tax operating earnings.

8 Operating margin for PGI = pre-tax operating earnings, adjusted for noncontrolling interest divided by operating revenues less pass-through expenses.

 

 

 

 

 

Principal International

 

    Quarter     Trailing Twelve Months  
(in millions except percentages or
otherwise noted)		   1Q23     1Q22     % Change     1Q23     1Q22     % Change  
Pre-tax operating earnings   $ 78.7     $ 67.6       16 %   $ 309.8     $ 321.4       (4 )%
Combined net revenue (at PFG share)9   $ 241.5     $ 225.0       7 %   $ 937.2     $ 983.8       (5 )%
Operating margin     32.6 %     30.0 %             33.1 %     32.7 %        
                                                 
Assets under management (billions)   $ 167.1     $ 163.5       2 %                        

  

·Pre-tax operating earnings increased $11.1 million primarily due to higher combined net revenue.

 

·Combined net revenue (at PFG share) increased $16.5 million primarily due to growth in the business and higher AUM.

 

Specialty Benefits

 

   Quarter  

Trailing Twelve Months 

 
(in millions except percentages or
otherwise noted)		  1Q23   1Q22   % Change   1Q23   1Q22   % Change 
Pre-tax operating earnings  $81.8   $67.8    21%  $430.3   $238.7    80%
Premium and fees  $742.1   $674.3    10%  $2,872.6   $2,590.8    11%
Operating margin10   11.0%   10.1%        15.0%   9.2%     
Incurred loss ratio   62.5%   66.3%        60.2%   66.7%     

 

·Pre-tax operating earnings increased $14.0 million due to growth in the business and a decrease in the incurred loss ratio, partially offset by lower net investment income and higher expenses.

 

·Premium and fees increased $67.8 million driven by strong sales, retention, and employment growth.

 

·Incurred loss ratio decreased primarily due to lower group life mortality and group disability experience.

 

 

9 Combined net revenue (a non-GAAP financial measure): net revenue for all PI companies at 100% less pass-through commissions. The company has determined combined net revenue (at PFG share) is more representative of underlying net revenue growth for PI as it reflects our proportionate share of consolidated and equity method subsidiaries. In addition, using this net revenue metric provides a more meaningful representation of our operating margin.

10 Operating margin for Benefits and Protection = pre-tax operating earnings divided by premium and fees.

 

 

 

 

 

Life Insurance

 

   Quarter  

Trailing Twelve Months 

 
(in millions except percentages or
otherwise noted)		  1Q23   1Q22   % Change   1Q23   1Q22   % Change 
Pre-tax operating earnings (losses)   $17.5   $25.0    (30)%  $146.5   $139.2    5%
Premium and fees  $224.8   $332.5    (32)%  $814.8   $1,279.5    (36)%
Pre-tax return on premium and fees    7.8%   7.5%        18.0%   10.9%     

  

·Pre-tax operating earnings decreased $7.5 million as lower net investment income was partially offset by lower COVID-19 claims.

 

·Premium and fees decreased $107.7 million driven by the 2022 reinsurance transaction.

 

Corporate

 

   Quarter  

Trailing Twelve Months 

 
(in millions except percentages or
otherwise noted)		  1Q23   1Q22   % Change   1Q23   1Q22   % Change 
Pre-tax operating losses  $(96.1)  $(129.0)   26%  $(436.5)  $(403.2)   (8)%

  

·Pre-tax operating losses decreased $32.9 million primarily due to higher net investment income.

  

 

 

 

 

Forward looking and cautionary statements

 

Certain statements made by the company which are not historical facts may be considered forward-looking statements, including, without limitation, statements as to non-GAAP operating earnings, net income attributable to PFG, net cash flow, realized and unrealized gains and losses, capital and liquidity positions, sales and earnings trends, and management’s beliefs, expectations, goals and opinions. The company does not undertake to update these statements, which are based on a number of assumptions concerning future conditions that may ultimately prove to be inaccurate. Future events and their effects on the company may not be those anticipated, and actual results may differ materially from the results anticipated in these forward-looking statements. The risks, uncertainties and factors that could cause or contribute to such material differences are discussed in the company’s annual report on Form 10-K for the year ended Dec. 31, 2022, filed by the company with the U.S. Securities and Exchange Commission, as updated or supplemented from time to time in subsequent filings. These risks and uncertainties include, without limitation: adverse capital and credit market conditions may significantly affect the company’s ability to meet liquidity needs, access to capital and cost of capital; conditions in the global capital markets and the economy generally; volatility or declines in the equity, bond or real estate markets; changes in interest rates or credit spreads or a prolonged low interest rate environment; the elimination of the London Inter-Bank Offered Rate (“LIBOR”); the company’s investment portfolio is subject to several risks that may diminish the value of its invested assets and the investment returns credited to customers; the company’s valuation of investments and the determination of the amount of allowances and impairments taken on such investments may include methodologies, estimations and assumptions that are subject to differing interpretations; any impairments of or valuation allowances against the company’s deferred tax assets; the company’s actual experience for insurance and annuity products could differ significantly from its pricing and reserving assumptions; the pattern of amortizing the company’s DAC asset and other actuarial balances may change; changes in laws, regulations or accounting standards; the company’s ability to pay stockholder dividends, make share repurchases and meet its obligations may be constrained by the limitations on dividends or other distributions Iowa insurance laws impose on Principal Life; litigation and regulatory investigations; from time to time the company may become subject to tax audits, tax litigation or similar proceedings, and as a result it may owe additional taxes, interest and penalties in amounts that may be material; applicable laws and the company’s certificate of incorporation and by-laws may discourage takeovers and business combinations that some stockholders might consider in their best interests; competition, including from companies that may have greater financial resources, broader arrays of products, higher ratings and stronger financial performance; a downgrade in the company’s financial strength or credit ratings; client terminations, withdrawals or changes in investor preferences; the company’s hedging or risk management strategies prove ineffective or insufficient; international business risks; risks arising from participation in joint ventures; the company may need to fund deficiencies in its “Closed Block” assets; the company’s reinsurers could default on their obligations or increase their rates; risks arising from acquisitions of businesses; risks related to administering reinsurance transactions; a pandemic, terrorist attack, military action or other catastrophic event; global climate change; technological and societal changes may disrupt the company’s business model and impair its ability to retain existing customers, attract new customers and maintain its profitability; damage to the company’s reputation; the company may not be able to protect its intellectual property and may be subject to infringement claims; inability to attract, develop and retain qualified employees and sales representatives and develop new distribution sources; an interruption in information technology, infrastructure or other internal or external systems used for business operations, or a failure to maintain the confidentiality, integrity or availability of data residing on such systems; loss of key vendor relationships or failure of a vendor to protect information of our customers or employees; and the company’s enterprise risk management framework may not be fully effective in identifying or mitigating all of the risks to which the company is exposed.

 

 

 

 

 

Use of Non-GAAP financial measures

 

The company uses a number of non-GAAP financial measures that management believes are useful to investors because they illustrate the performance of normal, ongoing operations, which is important in understanding and evaluating the company’s financial condition and results of operations. They are not, however, a substitute for U.S. GAAP financial measures. Therefore, the company has provided reconciliations of the non-GAAP measures to the most directly comparable U.S. GAAP measure at the end of the release. The company adjusts U.S. GAAP measures for items not directly related to ongoing operations. However, it is possible these adjusting items have occurred in the past and could recur in future reporting periods. Management also uses non-GAAP measures for goal setting, as a basis for determining employee and senior management awards and compensation and evaluating performance on a basis comparable to that used by investors and securities analysts.

 

Earnings conference call

 

On Friday, Apr. 28, 2023, at 10:00 a.m. (ET), Chairman, President and Chief Executive Officer Dan Houston and Executive Vice President and Chief Financial Officer Deanna Strable will lead a discussion of results and the impacts on future prospects, asset quality and capital adequacy during a live conference call, which can be accessed as follows:

 

·Via live Internet webcast. Please go to investors.principal.com at least 10-15 minutes prior to the start of the call to register, and to download and install any necessary audio software.

 

·Via telephone by dialing 877-407-0832 (U.S. and Canadian callers) or 201-689-8433 (international callers) approximately 10 minutes prior to the start of the call.

 

·Replay of the earnings call via webcast as well as a transcript of the call will be available after the call at investors.principal.com.

 

The company’s financial supplement and slide presentation is currently available at investors.principal.com, and may be referred to during the call.

 

About Principal®11

 

Principal Financial Group® (Nasdaq: PFG) is a global financial company with approximately 19,000 employees12 passionate about improving the wealth and well-being of people and businesses. In business for more than 140 years, we’re helping approximately 62 million customers12 plan, insure, invest, and retire, while working to improve our planet, support the communities where we do business, and build a diverse, inclusive workforce. Principal® is proud to be recognized as one of the 2023 World’s Most Ethical Companies13, a member of the Bloomberg Gender Equality Index, and a Top 10 “Best Places to Work in Money Management14.” Learn more about Principal and our commitment to sustainability, inclusion, and purpose at principal.com.

 

###

 

 

11 Principal, Principal and symbol design and Principal Financial Group are trademarks and service marks of Principal Financial Services, Inc., a member of the Principal Financial Group.

12 As of March 31, 2023

13 Ethisphere, 2023

14 Pensions & Investments, 2022

 

 

 

 

 

Summary of Principal Financial Group, Inc. and Segment Results

 

   (in millions) 
   Three Months Ended,   Trailing Twelve Months, 
Principal Financial Group, Inc. Results:  3/31/23   3/31/22   3/31/23   3/31/22 
Net income (loss) attributable to PFG  $(140.1)  $338.7   $4,278.1   $1,428.6 
(Income) loss from exited business   487.0    -    (2,816.7)   - 
Net income (loss) attributable to PFG excluding exited business  $346.9   $338.7   $1,461.4   $1,428.6 
Net realized capital (gains) losses, as adjusted   19.9    58.5    127.0    237.9 
Non-GAAP Operating Earnings*  $366.8   $397.2   $1,588.4   $1,666.5 
Income taxes   74.0    71.8    346.1    368.6 
Non-GAAP Pre-Tax Operating Earnings  $440.8   $469.0   $1,934.5   $2,035.1 
                     
Segment Pre-Tax Operating Earnings (Losses):                    
Retirement and Income Solutions  $249.8   $294.2   $914.7   $1,028.3 
Principal Asset Management   187.8    211.0    879.5    1,032.1 
Benefits and Protection   99.3    92.8    576.8    377.9 
Corporate   (96.1)   (129.0)   (436.5)   (403.2)
Total Segment Pre-Tax Operating Earnings  $440.8   $469.0   $1,934.5   $2,035.1 

  

   Per Diluted Share 
   Three Months Ended, 
   3/31/23   3/31/22 
Net income (loss)  $(0.58)  $1.28 
(Income) loss from exited business   1.98    0.00 
Net income (loss) excluding exited business  $1.40   $1.28 
Net realized capital (gains) losses, as adjusted   0.08    0.23 
Non-GAAP Operating Earnings  $1.48   $1.51 
Weighted-average diluted common shares outstanding (in millions)   247.3    263.8 

 

 

 

 

 

*U.S. GAAP (GAAP) net income attributable to PFG versus non-GAAP operating earnings

 

Management uses non-GAAP operating earnings, which is a financial measure that excludes the effect of net realized capital gains and losses, as adjusted, income (loss) from exited business and other after-tax adjustments the company believes are not indicative of overall operating trends, for goal setting, as a basis for determining employee and senior management awards and compensation and evaluating performance on a basis comparable to that used by investors and securities analysts. Note: it is possible these adjusting items have occurred in the past and could recur in future reporting periods. While these items may be significant components in understanding and assessing our consolidated financial performance, management believes the presentation of non-GAAP operating earnings enhances the understanding of results of operations by highlighting earnings attributable to the normal, ongoing operations of the company’s businesses.

 

Selected Balance Sheet Statistics

 

   Period Ended, 
   3/31/23   12/31/22 
Total assets (in billions)  $299.4   $290.6 
Stockholders’ equity (in millions)  $10,260.8   $10,017.8 
Total common equity (in millions)  $10,217.9   $9,976.7 
Total common equity excluding cumulative change in fair value of funds withheld embedded derivative and accumulated other comprehensive income (AOCI) other than foreign currency translation adjustment (in millions)  $12,587.7   $12,398.5 
End of period common shares outstanding (in millions)   243.1    243.5 
Book value per common share  $42.03   $40.97 
Book value per common share excluding cumulative change in fair value of funds withheld embedded derivative and AOCI other than foreign currency translation adjustment  $51.78   $50.92 

 

Principal Financial Group, Inc.

Reconciliation of U.S. GAAP to Non-GAAP Financial Measures

(in millions, except as indicated)

 

   Period Ended, 
   3/31/23   12/31/22 
Stockholders’ Equity, Excluding AOCI Other Than Foreign Currency Translation Adjustment, Available to Common Stockholders:          
Stockholders’ equity  $10,260.8   $10,017.8 
Noncontrolling interest   (42.9)   (41.1)
Stockholders’ equity available to common stockholders   10,217.9    9,976.7 
Cumulative change in fair value of funds withheld embedded derivative   (2,390.6)   (2,885.6)
AOCI, other than foreign currency translation adjustment   4,760.4    5,307.4 
Stockholders’ equity, excluding AOCI other than cumulative change in fair value of funds withheld embedded derivative and foreign currency translation adjustment, available to common stockholders  $12,587.7   $12,398.5 
           
Book Value Per Common Share, Excluding AOCI Other Than Foreign Currency Translation Adjustment:          
Book value per common share  $42.03   $40.97 
Cumulative change in fair value of funds withheld embedded derivative and AOCI, other than foreign currency translation adjustment   9.75    9.95 
Book value per common share, excluding AOCI other than foreign currency translation adjustment  $51.78   $50.92 

 

 

 

 

Principal Financial Group, Inc.

Reconciliation of U.S. GAAP to Non-GAAP Financial Measures

(in millions)

 

   Three Months Ended,   Trailing Twelve Months, 
    3/31/23    3/31/22    3/31/23    3/31/22 
Income Taxes:                    
Total GAAP income taxes (benefit)  $(78.0)  $35.2   $1,076.3   $231.1 
Net realized capital gains (losses) tax adjustments   8.2    18.1    46.7    84.2 
Exited business tax adjustments   121.3    -    (835.1)   - 
Income taxes related to equity method investments and noncontrolling interest   22.5    18.5    58.2    53.3 
Income taxes  $74.0   $71.8   $346.1   $368.6 
                     
Net Realized Capital Gains (Losses):                    
GAAP net realized capital gains (losses)  $(66.0)  $(136.6)  $(111.5)  $(200.1)
                     
Market value adjustments to fee revenues   -    -    0.7    (0.2)
Net realized capital gains (losses) related to equity method investments   0.2    (3.6)   (11.2)   (20.5)
Derivative and hedging-related revenue adjustments   2.1    (32.0)   (57.2)   (129.6)
Certain variable annuity fees   18.4    20.0    74.3    81.3 
Sponsored investment fund adjustments   6.1    5.8    22.5    22.1 
Capital gains distributed – operating expenses   15.8    58.9    59.8    2.5 
Amortization of actuarial balances   -    6.6    (6.7)   (1.3)
Market value adjustments of embedded derivatives   3.0    (16.4)   (21.5)   (25.7)
Market value adjustments of market risk benefits   (6.5)   (22.7)   (141.0)   (48.5)
Capital gains distributed – cost of interest credited   2.6    32.1    4.0    2.2 
Net realized capital gains (losses) tax adjustments   8.2    18.1    46.7    84.2 
Net realized capital gains (losses) attributable to noncontrolling interest, after-tax   (3.8)   11.3    14.1    (4.3)
Total net realized capital gains (losses) after-tax adjustments   46.1    78.1    (15.5)   (37.8)
                     
Net realized capital gains (losses), as adjusted  $(19.9)  $(58.5)  $(127.0)  $(237.9)
                     
Income (Loss) from Exited Business:                    
Pre-tax impacts of exited business:                    
Strategic review costs and impacts  $-   $-   $40.4   $- 
Amortization of reinsurance losses   (22.1)   -    (78.8)   - 
Other impacts of reinsured business   (40.6)   -    (166.4)   - 
Net realized capital gains (losses) on funds withheld assets   81.0    -    830.4    - 
Change in fair value of funds withheld embedded derivative   (626.6)   -    3,026.2    - 
Tax impacts of exited business   121.3    -    (835.1)   - 
Total (income) loss from exited business  $(487.0)  $-   $2,816.7   $- 

 

 

 

 

 

 

Principal Financial Group, Inc.

Reconciliation of U.S. GAAP to Non-GAAP Financial Measures

(in millions)

 

   Three Months Ended,   Trailing Twelve Months, 
   3/31/23   3/31/22   3/31/23   3/31/22 
Principal Global Investors Operating Revenues Less Pass-Through Expenses:                    
Operating revenues  $392.7   $435.3   $1,672.9   $1,848.1 
Commissions and other expenses   (31.2)   (38.6)   (130.1)   (159.3)
Operating revenues less pass-through expenses  $361.5   $396.7   $1,542.8   $1,688.8 
                     
Principal International Combined Net Revenue (at PFG Share)                    
Pre-tax operating earnings  $78.7   $67.6   $309.8   $321.4 
Combined operating expenses other than pass-through commissions (at PFG share)   162.8    157.4    627.4    662.4 
Combined net revenue (at PFG share)  $241.5   $225.0   $937.2   $983.8 

 

 

 

 EX-101.SCH 3 pfg-20230427.xsd XBRL TAXONOMY EXTENSION SCHEMA 00000001 - Document - Cover link:presentationLink link:calculationLink link:definitionLink EX-101.LAB 4 pfg-20230427_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE Cover [Abstract] Document Type Amendment Flag Amendment Description Document Registration Statement Document Annual Report Document Quarterly Report Document Transition Report Document Shell Company Report Document Shell Company Event Date Document Period Start Date Document Period End Date Document Fiscal Period Focus Document Fiscal Year Focus Current Fiscal Year End Date Entity File Number Entity Registrant Name Entity Central Index Key Entity Primary SIC Number Entity Tax Identification Number Entity Incorporation, State or Country Code Entity Address, Address Line One Entity Address, Address Line Two Entity Address, Address Line Three Entity Address, City or Town Entity Address, State or Province Entity Address, Country Entity Address, Postal Zip Code Country Region City Area Code Local Phone Number Extension Written Communications Soliciting Material Pre-commencement Tender Offer Pre-commencement Issuer Tender Offer Title of 12(b) Security No Trading Symbol Flag Trading Symbol Security Exchange Name Title of 12(g) Security Security Reporting Obligation Annual Information Form Audited Annual Financial Statements Entity Well-known Seasoned Issuer Entity Voluntary Filers Entity Current Reporting Status Entity Interactive Data Current Entity Filer Category Entity Small Business Entity Emerging Growth Company Elected Not To Use the Extended Transition Period Document Accounting Standard Other Reporting Standard Item Number Entity Shell Company Entity Public Float Entity Bankruptcy Proceedings, Reporting Current Entity Common Stock, Shares Outstanding Documents Incorporated by Reference [Text Block] EX-101.PRE 5 pfg-20230427_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE GRAPHIC 6 tm2313877d1_ex99-1img001.jpg GRAPHIC begin 644 tm2313877d1_ex99-1img001.jpg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end XML 7 R1.htm IDEA: XBRL DOCUMENT v3.23.1
Cover
Apr. 27, 2023
Cover [Abstract]  
Document Type 8-K
Amendment Flag false
Document Period End Date Apr. 27, 2023
Entity File Number 1-16725
Entity Registrant Name PRINCIPAL FINANCIAL GROUP, INC.
Entity Central Index Key 0001126328
Entity Tax Identification Number 42-1520346
Entity Incorporation, State or Country Code DE
Entity Address, Address Line One 711 High Street
Entity Address, City or Town Des Moines
Entity Address, State or Province IA
Entity Address, Postal Zip Code 50392
City Area Code 515
Local Phone Number 247-5111
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock
Trading Symbol PFG
Security Exchange Name NASDAQ
Entity Emerging Growth Company false
XML 8 tm2313877d1_8k_htm.xml IDEA: XBRL DOCUMENT 0001126328 2023-04-27 2023-04-27 iso4217:USD shares iso4217:USD shares 0001126328 false 8-K 2023-04-27 PRINCIPAL FINANCIAL GROUP, INC. DE 1-16725 42-1520346 711 High Street Des Moines IA 50392 515 247-5111 false false false false false Common Stock PFG NASDAQ EXCEL 9 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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end XML 10 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 11 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 12 FilingSummary.xml IDEA: XBRL DOCUMENT 3.23.1 html 1 22 1 false 0 0 false 3 false false R1.htm 00000001 - Document - Cover Sheet http://principal.com/role/Cover Cover Cover 1 false false All Reports Book All Reports tm2313877d1_8k.htm pfg-20230427.xsd pfg-20230427_lab.xml pfg-20230427_pre.xml tm2313877d1_ex99.htm http://xbrl.sec.gov/dei/2021q4 true false JSON 14 MetaLinks.json IDEA: XBRL DOCUMENT { "instance": { "tm2313877d1_8k.htm": { "axisCustom": 0, "axisStandard": 0, "baseTaxonomies": { "http://xbrl.sec.gov/dei/2021q4": 22 }, "contextCount": 1, "dts": { "inline": { "local": [ "tm2313877d1_8k.htm" ] }, "labelLink": { "local": [ "pfg-20230427_lab.xml" ] }, "presentationLink": { "local": [ "pfg-20230427_pre.xml" ] }, "schema": { "local": [ "pfg-20230427.xsd" ], "remote": [ "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "http://www.xbrl.org/2006/ref-2006-02-27.xsd", "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd", "https://www.xbrl.org/2020/extensible-enumerations-2.0.xsd", "https://www.xbrl.org/dtr/type/2020-01-21/types.xsd", "https://xbrl.fasb.org/srt/2021/elts/srt-2021-01-31.xsd", "https://xbrl.fasb.org/srt/2021/elts/srt-roles-2021-01-31.xsd", "https://xbrl.fasb.org/srt/2021/elts/srt-types-2021-01-31.xsd", "https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd", "https://xbrl.fasb.org/us-gaap/2021/elts/us-roles-2021-01-31.xsd", "https://xbrl.fasb.org/us-gaap/2021/elts/us-types-2021-01-31.xsd", "https://xbrl.sec.gov/country/2021/country-2021.xsd", "https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd" ] } }, "elementCount": 59, "entityCount": 1, "hidden": { "http://xbrl.sec.gov/dei/2021q4": 2, "total": 2 }, "keyCustom": 0, "keyStandard": 22, "memberCustom": 0, "memberStandard": 0, "nsprefix": "pfg", "nsuri": "http://principal.com/20230427", "report": { "R1": { "firstAnchor": { "ancestors": [ "span", "b", "p", "body", "html" ], "baseRef": "tm2313877d1_8k.htm", "contextRef": "From2023-04-27to2023-04-27", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "document", "isDefault": "true", "longName": "00000001 - Document - Cover", "menuCat": "Cover", "order": "1", "role": "http://principal.com/role/Cover", "shortName": "Cover", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "b", "p", "body", "html" ], "baseRef": "tm2313877d1_8k.htm", "contextRef": "From2023-04-27to2023-04-27", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } } }, "segmentCount": 0, "tag": { "dei_AmendmentDescription": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Description of changes contained within amended document.", "label": "Amendment Description" } } }, "localname": "AmendmentDescription", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "stringItemType" }, "dei_AmendmentFlag": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.", "label": "Amendment Flag" } } }, "localname": "AmendmentFlag", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_AnnualInformationForm": { "auth_ref": [ "r14" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag with value true on a form if it is an annual report containing an annual information form.", "label": "Annual Information Form" } } }, "localname": "AnnualInformationForm", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_AuditedAnnualFinancialStatements": { "auth_ref": [ "r14" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag with value true on a form if it is an annual report containing audited financial statements.", "label": "Audited Annual Financial Statements" } } }, "localname": "AuditedAnnualFinancialStatements", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_CityAreaCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Area code of city", "label": "City Area Code" } } }, "localname": "CityAreaCode", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_CountryRegion": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Region code of country", "label": "Country Region" } } }, "localname": "CountryRegion", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_CoverAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Cover page.", "label": "Cover [Abstract]" } } }, "localname": "CoverAbstract", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "xbrltype": "stringItemType" }, "dei_CurrentFiscalYearEndDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "End date of current fiscal year in the format --MM-DD.", "label": "Current Fiscal Year End Date" } } }, "localname": "CurrentFiscalYearEndDate", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "gMonthDayItemType" }, "dei_DocumentAccountingStandard": { "auth_ref": [ "r13" ], "lang": { "en-us": { "role": { "documentation": "The basis of accounting the registrant has used to prepare the financial statements included in this filing This can either be 'U.S. GAAP', 'International Financial Reporting Standards', or 'Other'.", "label": "Document Accounting Standard" } } }, "localname": "DocumentAccountingStandard", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "accountingStandardItemType" }, "dei_DocumentAnnualReport": { "auth_ref": [ "r11", "r13", "r14" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a form used as an annual report.", "label": "Document Annual Report" } } }, "localname": "DocumentAnnualReport", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentFiscalPeriodFocus": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Fiscal period values are FY, Q1, Q2, and Q3. 1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY.", "label": "Document Fiscal Period Focus" } } }, "localname": "DocumentFiscalPeriodFocus", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "fiscalPeriodItemType" }, "dei_DocumentFiscalYearFocus": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "This is focus fiscal year of the document report in YYYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.", "label": "Document Fiscal Year Focus" } } }, "localname": "DocumentFiscalYearFocus", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "gYearItemType" }, "dei_DocumentPeriodEndDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.", "label": "Document Period End Date" } } }, "localname": "DocumentPeriodEndDate", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "dateItemType" }, "dei_DocumentPeriodStartDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The start date of the period covered in the document, in YYYY-MM-DD format.", "label": "Document Period Start Date" } } }, "localname": "DocumentPeriodStartDate", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "dateItemType" }, "dei_DocumentQuarterlyReport": { "auth_ref": [ "r12" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a form used as an quarterly report.", "label": "Document Quarterly Report" } } }, "localname": "DocumentQuarterlyReport", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentRegistrationStatement": { "auth_ref": [ "r0" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a form used as a registration statement.", "label": "Document Registration Statement" } } }, "localname": "DocumentRegistrationStatement", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentShellCompanyEventDate": { "auth_ref": [ "r13" ], "lang": { "en-us": { "role": { "documentation": "Date of event requiring a shell company report.", "label": "Document Shell Company Event Date" } } }, "localname": "DocumentShellCompanyEventDate", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "dateItemType" }, "dei_DocumentShellCompanyReport": { "auth_ref": [ "r13" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true for a Shell Company Report pursuant to section 13 or 15(d) of the Exchange Act.", "label": "Document Shell Company Report" } } }, "localname": "DocumentShellCompanyReport", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentTransitionReport": { "auth_ref": [ "r15" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a form used as a transition report.", "label": "Document Transition Report" } } }, "localname": "DocumentTransitionReport", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentType": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.", "label": "Document Type" } } }, "localname": "DocumentType", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "submissionTypeItemType" }, "dei_DocumentsIncorporatedByReferenceTextBlock": { "auth_ref": [ "r3" ], "lang": { "en-us": { "role": { "documentation": "Documents incorporated by reference.", "label": "Documents Incorporated by Reference [Text Block]" } } }, "localname": "DocumentsIncorporatedByReferenceTextBlock", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "textBlockItemType" }, "dei_EntityAddressAddressLine1": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 1 such as Attn, Building Name, Street Name", "label": "Entity Address, Address Line One" } } }, "localname": "EntityAddressAddressLine1", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressAddressLine2": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 2 such as Street or Suite number", "label": "Entity Address, Address Line Two" } } }, "localname": "EntityAddressAddressLine2", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressAddressLine3": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 3 such as an Office Park", "label": "Entity Address, Address Line Three" } } }, "localname": "EntityAddressAddressLine3", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCityOrTown": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the City or Town", "label": "Entity Address, City or Town" } } }, "localname": "EntityAddressCityOrTown", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCountry": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "ISO 3166-1 alpha-2 country code.", "label": "Entity Address, Country" } } }, "localname": "EntityAddressCountry", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "countryCodeItemType" }, "dei_EntityAddressPostalZipCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Code for the postal or zip code", "label": "Entity Address, Postal Zip Code" } } }, "localname": "EntityAddressPostalZipCode", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressStateOrProvince": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the state or province.", "label": "Entity Address, State or Province" } } }, "localname": "EntityAddressStateOrProvince", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "stateOrProvinceItemType" }, "dei_EntityBankruptcyProceedingsReportingCurrent": { "auth_ref": [ "r6" ], "lang": { "en-us": { "role": { "documentation": "For registrants involved in bankruptcy proceedings during the preceding five years, the value Yes indicates that the registrant has filed all documents and reports required to be filed by Section 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court; the value No indicates the registrant has not. Registrants not involved in bankruptcy proceedings during the preceding five years should not report this element.", "label": "Entity Bankruptcy Proceedings, Reporting Current" } } }, "localname": "EntityBankruptcyProceedingsReportingCurrent", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntityCentralIndexKey": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.", "label": "Entity Central Index Key" } } }, "localname": "EntityCentralIndexKey", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "centralIndexKeyItemType" }, "dei_EntityCommonStockSharesOutstanding": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.", "label": "Entity Common Stock, Shares Outstanding" } } }, "localname": "EntityCommonStockSharesOutstanding", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "sharesItemType" }, "dei_EntityCurrentReportingStatus": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.", "label": "Entity Current Reporting Status" } } }, "localname": "EntityCurrentReportingStatus", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "yesNoItemType" }, "dei_EntityEmergingGrowthCompany": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "Indicate if registrant meets the emerging growth company criteria.", "label": "Entity Emerging Growth Company" } } }, "localname": "EntityEmergingGrowthCompany", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntityExTransitionPeriod": { "auth_ref": [ "r19" ], "lang": { "en-us": { "role": { "documentation": "Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.", "label": "Elected Not To Use the Extended Transition Period" } } }, "localname": "EntityExTransitionPeriod", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntityFileNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.", "label": "Entity File Number" } } }, "localname": "EntityFileNumber", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "fileNumberItemType" }, "dei_EntityFilerCategory": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "Indicate whether the registrant is one of the following: Large Accelerated Filer, Accelerated Filer, Non-accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.", "label": "Entity Filer Category" } } }, "localname": "EntityFilerCategory", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "filerCategoryItemType" }, "dei_EntityIncorporationStateCountryCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Two-character EDGAR code representing the state or country of incorporation.", "label": "Entity Incorporation, State or Country Code" } } }, "localname": "EntityIncorporationStateCountryCode", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "edgarStateCountryItemType" }, "dei_EntityInteractiveDataCurrent": { "auth_ref": [ "r16" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).", "label": "Entity Interactive Data Current" } } }, "localname": "EntityInteractiveDataCurrent", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "yesNoItemType" }, "dei_EntityPrimarySicNumber": { "auth_ref": [ "r14" ], "lang": { "en-us": { "role": { "documentation": "Primary Standard Industrial Classification (SIC) Number for the Entity.", "label": "Entity Primary SIC Number" } } }, "localname": "EntityPrimarySicNumber", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "sicNumberItemType" }, "dei_EntityPublicFloat": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter.", "label": "Entity Public Float" } } }, "localname": "EntityPublicFloat", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "monetaryItemType" }, "dei_EntityRegistrantName": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.", "label": "Entity Registrant Name" } } }, "localname": "EntityRegistrantName", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityShellCompany": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act.", "label": "Entity Shell Company" } } }, "localname": "EntityShellCompany", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntitySmallBusiness": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "Indicates that the company is a Smaller Reporting Company (SRC).", "label": "Entity Small Business" } } }, "localname": "EntitySmallBusiness", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntityTaxIdentificationNumber": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.", "label": "Entity Tax Identification Number" } } }, "localname": "EntityTaxIdentificationNumber", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "employerIdItemType" }, "dei_EntityVoluntaryFilers": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Indicate 'Yes' or 'No' if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.", "label": "Entity Voluntary Filers" } } }, "localname": "EntityVoluntaryFilers", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "yesNoItemType" }, "dei_EntityWellKnownSeasonedIssuer": { "auth_ref": [ "r17" ], "lang": { "en-us": { "role": { "documentation": "Indicate 'Yes' or 'No' if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.", "label": "Entity Well-known Seasoned Issuer" } } }, "localname": "EntityWellKnownSeasonedIssuer", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "yesNoItemType" }, "dei_Extension": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Extension number for local phone number.", "label": "Extension" } } }, "localname": "Extension", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_LocalPhoneNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Local phone number for entity.", "label": "Local Phone Number" } } }, "localname": "LocalPhoneNumber", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_NoTradingSymbolFlag": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a security having no trading symbol.", "label": "No Trading Symbol Flag" } } }, "localname": "NoTradingSymbolFlag", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "trueItemType" }, "dei_OtherReportingStandardItemNumber": { "auth_ref": [ "r13" ], "lang": { "en-us": { "role": { "documentation": "\"Item 17\" or \"Item 18\" specified when the basis of accounting is neither US GAAP nor IFRS.", "label": "Other Reporting Standard Item Number" } } }, "localname": "OtherReportingStandardItemNumber", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "otherReportingStandardItemNumberItemType" }, "dei_PreCommencementIssuerTenderOffer": { "auth_ref": [ "r7" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.", "label": "Pre-commencement Issuer Tender Offer" } } }, "localname": "PreCommencementIssuerTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_PreCommencementTenderOffer": { "auth_ref": [ "r8" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.", "label": "Pre-commencement Tender Offer" } } }, "localname": "PreCommencementTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_Security12bTitle": { "auth_ref": [ "r1" ], "lang": { "en-us": { "role": { "documentation": "Title of a 12(b) registered security.", "label": "Title of 12(b) Security" } } }, "localname": "Security12bTitle", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "securityTitleItemType" }, "dei_Security12gTitle": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "Title of a 12(g) registered security.", "label": "Title of 12(g) Security" } } }, "localname": "Security12gTitle", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "securityTitleItemType" }, "dei_SecurityExchangeName": { "auth_ref": [ "r4" ], "lang": { "en-us": { "role": { "documentation": "Name of the Exchange on which a security is registered.", "label": "Security Exchange Name" } } }, "localname": "SecurityExchangeName", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "edgarExchangeCodeItemType" }, "dei_SecurityReportingObligation": { "auth_ref": [ "r9" ], "lang": { "en-us": { "role": { "documentation": "15(d), indicating whether the security has a reporting obligation under that section of the Exchange Act.", "label": "Security Reporting Obligation" } } }, "localname": "SecurityReportingObligation", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "securityReportingObligationItemType" }, "dei_SolicitingMaterial": { "auth_ref": [ "r10" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.", "label": "Soliciting Material" } } }, "localname": "SolicitingMaterial", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_TradingSymbol": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Trading symbol of an instrument as listed on an exchange.", "label": "Trading Symbol" } } }, "localname": "TradingSymbol", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "tradingSymbolItemType" }, "dei_WrittenCommunications": { "auth_ref": [ "r18" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.", "label": "Written Communications" } } }, "localname": "WrittenCommunications", "nsuri": "http://xbrl.sec.gov/dei/2021q4", "presentation": [ "http://principal.com/role/Cover" ], "xbrltype": "booleanItemType" } }, "unitCount": 3 } }, "std_ref": { "r0": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r1": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r10": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14a", "Subsection": "12", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r11": { "Name": "Form 10-K", "Number": "249", "Publisher": "SEC", "Section": "310", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r12": { "Name": "Form 10-Q", "Number": "240", "Publisher": "SEC", "Section": "308", "Subsection": "a", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r13": { "Name": "Form 20-F", "Number": "249", "Publisher": "SEC", "Section": "220", "Subsection": "f", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r14": { "Name": "Form 40-F", "Number": "249", "Publisher": "SEC", "Section": "240", "Subsection": "f", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r15": { "Name": "Forms 10-K, 10-Q, 20-F", "Number": "240", "Publisher": "SEC", "Section": "13", "Subsection": "a-1", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r16": { "Name": "Regulation S-T", "Number": "232", "Publisher": "SEC", "Section": "405", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r17": { "Name": "Securities Act", "Number": "230", "Publisher": "SEC", "Section": "405", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r18": { "Name": "Securities Act", "Number": "230", "Publisher": "SEC", "Section": "425", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r19": { "Name": "Securities Act", "Number": "7A", "Publisher": "SEC", "Section": "B", "Subsection": "2", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r2": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-2", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r3": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-23", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r4": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "d1-1", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r5": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "g", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r6": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12, 13, 15d", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r7": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "13e", "Subsection": "4c", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r8": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14d", "Subsection": "2b", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r9": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "15", "Subsection": "d", "role": "http://www.xbrl.org/2003/role/presentationRef" } }, "version": "2.2" } ZIP 15 0001104659-23-051370-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001104659-23-051370-xbrl.zip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