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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
6 Months Ended 12 Months Ended
Jun. 30, 2024
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 $ 23,855.8 $ 21,211.4 $ 25,365.8 $ 25,863.7  
Effect of changes in discount rate assumptions at beginning of period 1,036.1 1,799.6 (3,386.5) (4,827.9)  
Balance at beginning of period at original discount rate 24,891.9 23,011.0 21,979.3 21,035.8  
Effect of actual variances from expected experience (2.8) (14.6) (3.2)   $ (2.4)
Adjusted beginning of period balance at original discount rate 24,889.1 22,943.0 21,968.2   21,033.4
Interest accrual 552.6 1,008.6 935.7 916.7  
Benefit payments (1,092.0) (1,981.4) (1,841.7) (1,772.5)  
Issuances 1,751.9 2,921.7 1,948.8 1,801.7  
Balance at end of period at original discount rate 26,101.6 24,891.9 23,011.0 21,979.3  
Effect of changes in discount rate assumptions at end of period (1,884.0) (1,036.1) (1,799.6) 3,386.5  
Balance at end of period, Present value of expected future policy benefit payments 24,217.6 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 4,914.1 5,019.4 6,535.0 7,145.8  
Effect of changes in discount rate assumptions at beginning of period 296.7 439.0 (812.6) (1,213.5)  
Balance at beginning of period at original discount rate 5,210.8 5,458.4 5,722.4 5,932.3  
Effect of actual variances from expected experience (3.9) (0.1)     (1.3)
Adjusted beginning of period balance at original discount rate 5,206.9 5,457.0 5,719.4   $ 5,931.0
Interest accrual 105.8 219.1 229.7 240.5  
Benefit payments (249.5) (507.3) (520.4) (532.0)  
Issuances 27.9 42.0 29.7 82.9  
Balance at end of period at original discount rate 5,091.1 5,210.8 5,458.4 5,722.4  
Effect of changes in discount rate assumptions at end of period (455.0) (296.7) (439.0) 812.6  
Balance at end of period, Present value of expected future policy benefit payments $ 4,636.1 $ 4,914.1 $ 5,019.4 $ 6,535.0