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Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
6 Months Ended 12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Condensed Consolidated Statements of Comprehensive Income          
Net income $ 867.7 $ 101.3 $ 236.6 $ 4,679.5 $ 1,316.1
Other comprehensive income (loss), net:          
Net unrealized gains (losses) on available-for-sale securities (798.8) 616.5 1,909.3 (9,751.4) (1,607.2)
Net unrealized gains (losses) on derivative instruments 41.5 (5.8) (41.8) (23.1) 33.5
Liability for future policy benefits discount rate remeasurement gain (loss) 724.2 (148.5) (392.2) 4,973.4 1,640.1
Market risk benefit nonperformance risk gain (loss) (8.4) 0.1 (31.1) 111.5 (2.2)
Net unrecognized postretirement benefit obligation (0.3) (0.3) 1.8 (2.0) 1.5
Other comprehensive income (loss) (41.8) 462.0 1,446.0 (4,691.6) 65.7
Comprehensive income 825.9 563.3 1,682.6 (12.1) 1,381.8
Comprehensive income attributable to noncontrolling interest 0.7 0.6 19.6 62.2 24.3
Comprehensive income attributable to Principal Life Insurance Company $ 825.2 $ 562.7 $ 1,663.0 $ (74.3) $ 1,357.5