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Nature of Operations and Significant Accounting Policies - Retirement and Income Solutions and Principal Asset Management - Principal International (Details) - Retirement and Income Solutions - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pension risk transfer        
Present value of expected future policy benefit payments        
Balance at beginning of period, Present value of expected future policy benefit payments $ 21,211.4 $ 25,365.8 $ 25,863.7  
Effect of changes in discount rate assumptions at beginning of period 1,799.6 (3,386.5) (4,827.9)  
Balance at beginning of period at original discount rate 23,011.0 21,979.3 21,035.8  
Effect of actual variances from expected experience (14.6) (3.2)   $ (2.4)
Adjusted beginning of period balance at original discount rate 22,943.0 21,968.2   21,033.4
Interest accrual 1,008.6 935.7 916.7  
Benefit payments (1,981.4) (1,841.7) (1,772.5)  
Issuances 2,921.7 1,948.8 1,801.7  
Balance at end of period at original discount rate 24,891.9 23,011.0 21,979.3  
Effect of changes in discount rate assumptions at end of period (1,036.1) (1,799.6) 3,386.5  
Balance at end of period, Present value of expected future policy benefit payments 23,855.8 21,211.4 25,365.8  
Individual fixed income annuities        
Present value of expected future policy benefit payments        
Balance at beginning of period, Present value of expected future policy benefit payments 5,019.4 6,535.0 7,145.8  
Effect of changes in discount rate assumptions at beginning of period 439.0 (812.6) (1,213.5)  
Balance at beginning of period at original discount rate 5,458.4 5,722.4 5,932.3  
Effect of actual variances from expected experience (0.1)     (1.3)
Adjusted beginning of period balance at original discount rate 5,457.0 5,719.4   $ 5,931.0
Interest accrual 219.1 229.7 240.5  
Benefit payments (507.3) (520.4) (532.0)  
Issuances 42.0 29.7 82.9  
Balance at end of period at original discount rate 5,210.8 5,458.4 5,722.4  
Effect of changes in discount rate assumptions at end of period (296.7) (439.0) 812.6  
Balance at end of period, Present value of expected future policy benefit payments $ 4,914.1 $ 5,019.4 $ 6,535.0