10-Q Filing

PRINCIPAL FINANCIAL GROUP INC CIK: 1126328 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001104659-22-087770`
Period End Date	20220630
Filing Date	20220809
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	pfg-20220630x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 125 Income Statement 68 Cash Flow Statement 64 Stockholders Equity 55 Comprehensive Income 36

Balance Sheet 125 line items

Line Item	Tag	Value	Unit	Period
Fixed maturities, available-for-sale	`DebtSecuritiesAvailableForSaleExcludingAccruedInterest`	$67.21B	USD	Point-in-time
Fixed maturities, available-for-sale	`DebtSecuritiesAvailableForSaleExcludingAccruedInterest`	$78.15B	USD	Point-in-time
Fixed maturities, trading	`TradingSecuritiesDebt`	$422.20M	USD	Point-in-time
Fixed maturities, trading	`TradingSecuritiesDebt`	$391.30M	USD	Point-in-time
Equity securities (2022 and 2021 include $711.6 million and $783.7 million related to consolidated variable interest entities)	`EquitySecuritiesFvNiCurrentAndNoncurrent`	$2.35B	USD	Point-in-time
Equity securities (2022 and 2021 include $711.6 million and $783.7 million related to consolidated variable interest entities)	`EquitySecuritiesFvNiCurrentAndNoncurrent`	$1.70B	USD	Point-in-time
Mortgage loans (2022 and 2021 include $1,525.6 million and $1,260.1 million related to consolidated variable interest entities)	`MortgageLoansOnRealEstateCommercialAndConsumerNet`	$19.67B	USD	Point-in-time
Mortgage loans (2022 and 2021 include $1,525.6 million and $1,260.1 million related to consolidated variable interest entities)	`MortgageLoansOnRealEstateCommercialAndConsumerNet`	$20.28B	USD	Point-in-time
Equity securities	`EquitySecuritiesFvNiCurrentAndNoncurrent`	$2.35B	USD	Point-in-time
Real estate (2022 and 2021 include $541.0 million and $672.0 million related to consolidated variable interest entities)	`RealEstateInvestments`	$2.08B	USD	Point-in-time
Real estate (2022 and 2021 include $541.0 million and $672.0 million related to consolidated variable interest entities)	`RealEstateInvestments`	$2.07B	USD	Point-in-time
Equity securities	`EquitySecuritiesFvNiCurrentAndNoncurrent`	$1.70B	USD	Point-in-time
Policy loans	`LoansInsurancePolicy`	$766.60M	USD	Point-in-time
Policy loans	`LoansInsurancePolicy`	$759.60M	USD	Point-in-time
Mortgage loans	`MortgageLoansOnRealEstateCommercialAndConsumerNet`	$19.67B	USD	Point-in-time
Mortgage loans	`MortgageLoansOnRealEstateCommercialAndConsumerNet`	$20.28B	USD	Point-in-time
Other investments (2022 and 2021 include $410.9 million and $522.8 million related to consolidated variable interest entities)	`OtherInvestments`	$5.48B	USD	Point-in-time
Real estate	`RealEstateInvestments`	$2.08B	USD	Point-in-time
Real estate	`RealEstateInvestments`	$2.07B	USD	Point-in-time
Other investments (2022 and 2021 include $410.9 million and $522.8 million related to consolidated variable interest entities)	`OtherInvestments`	$5.43B	USD	Point-in-time
Total investments	`Investments`	$97.84B	USD	Point-in-time
Other investments	`OtherInvestments`	$5.48B	USD	Point-in-time
Total investments	`Investments`	$108.91B	USD	Point-in-time
Other investments	`OtherInvestments`	$5.43B	USD	Point-in-time
Cash and cash equivalents (2022 and 2021 include $20.1 million and $49.6 million related to consolidated variable interest entities)	`CashAndCashEquivalentsAtCarryingValue`	$3.17B	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$3.17B	USD	Point-in-time
Cash and cash equivalents (2022 and 2021 include $20.1 million and $49.6 million related to consolidated variable interest entities)	`CashAndCashEquivalentsAtCarryingValue`	$2.33B	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$2.33B	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$712.40M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$695.80M	USD	Point-in-time
Separate account assets	`SeparateAccountAssets`	$153.82B	USD	Point-in-time
Separate account assets	`SeparateAccountAssets`	$182.35B	USD	Point-in-time
Reinsurance recoverable and deposit receivable	`ReinsuranceRecoverableAndDepositReceivable`	$1.19B	USD	Point-in-time
Contractholder funds	`ContractholderFunds`	$43.60B	USD	Point-in-time
Reinsurance recoverable and deposit receivable	`ReinsuranceRecoverableAndDepositReceivable`	$23.60B	USD	Point-in-time
Contractholder funds	`ContractholderFunds`	$43.92B	USD	Point-in-time
Separate account liabilities	`SeparateAccountsLiability`	$182.35B	USD	Point-in-time
Premiums due and other receivables	`PremiumsAndOtherReceivablesNet`	$4.68B	USD	Point-in-time
Separate account liabilities	`SeparateAccountsLiability`	$153.82B	USD	Point-in-time
Premiums due and other receivables	`PremiumsAndOtherReceivablesNet`	$655.90M	USD	Point-in-time
Deferred acquisition costs	`DeferredPolicyAcquisitionCosts`	$3.61B	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$10.54B	USD	Point-in-time
Deferred acquisition costs	`DeferredPolicyAcquisitionCosts`	$4.10B	USD	Point-in-time
Deferred acquisition costs	`DeferredPolicyAcquisitionCosts`	$3.58B	USD	Point-in-time
Deferred acquisition costs	`DeferredPolicyAcquisitionCosts`	$4.34B	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$11.60B	USD	Point-in-time
Deferred acquisition costs	`DeferredPolicyAcquisitionCosts`	$3.76B	USD	Point-in-time
Deferred acquisition costs	`DeferredPolicyAcquisitionCosts`	$3.41B	USD	Point-in-time
Property and equipment	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$1.04B	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$332.50M	USD	Point-in-time
Property and equipment	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$993.30M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$255.60M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$263.50M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$306.80M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$330.60M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$268.50M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Goodwill	`Goodwill`	$1.63B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Goodwill	`Goodwill`	$1.59B	USD	Point-in-time
Other intangibles	`IntangibleAssetsNetExcludingGoodwill`	$1.55B	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	2.50B	shares	Point-in-time
Other intangibles	`IntangibleAssetsNetExcludingGoodwill`	$1.60B	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	2.50B	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	487.20M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	484.90M	shares	Point-in-time
Separate account assets (2022 and 2021 include $30,530.6 million and $33,957.7 million related to consolidated variable interest entities)	`SeparateAccountAssets`	$153.82B	USD	Point-in-time
Separate account assets (2022 and 2021 include $30,530.6 million and $33,957.7 million related to consolidated variable interest entities)	`SeparateAccountAssets`	$182.35B	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	249.90M	shares	Point-in-time
Other assets	`OtherAssets`	$512.00M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	261.70M	shares	Point-in-time
Other assets	`OtherAssets`	$920.60M	USD	Point-in-time
Total assets	`Assets`	$304.66B	USD	Point-in-time
Total assets	`Assets`	$293.22B	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	237.30M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	223.20M	shares	Point-in-time
Contractholder funds (2022 and 2021 include $335.5 million and $344.0 million related to consolidated variable interest entities)	`ContractholderFunds`	$43.60B	USD	Point-in-time
Contractholder funds (2022 and 2021 include $335.5 million and $344.0 million related to consolidated variable interest entities)	`ContractholderFunds`	$43.92B	USD	Point-in-time
Future policy benefits and claims	`LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense`	$43.31B	USD	Point-in-time
Future policy benefits and claims	`LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense`	$43.95B	USD	Point-in-time
Other policyholder funds	`OtherPolicyholderFunds`	$895.50M	USD	Point-in-time
Other policyholder funds	`OtherPolicyholderFunds`	$1.07B	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$79.80M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$66.90M	USD	Point-in-time
Long-term debt	`LongTermDebt`	$4.28B	USD	Point-in-time
Long-term debt	`LongTermDebt`	$4.28B	USD	Point-in-time
Income taxes currently payable	`AccruedIncomeTaxes`	$22.30M	USD	Point-in-time
Income taxes currently payable	`AccruedIncomeTaxes`	$15.50M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$2.32B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.42B	USD	Point-in-time
Separate account liabilities (2022 and 2021 include $30,530.6 million and $33,957.7 million related to consolidated variable interest entities)	`SeparateAccountsLiability`	$182.35B	USD	Point-in-time
Separate account liabilities (2022 and 2021 include $30,530.6 million and $33,957.7 million related to consolidated variable interest entities)	`SeparateAccountsLiability`	$153.82B	USD	Point-in-time
Funds withheld payable	`FundsHeldUnderReinsuranceAgreementsLiability`	$22.53B	USD	Point-in-time
Other liabilities (2022 and 2021 include $88.8 million and $58.7 million related to consolidated variable interest entities)	`OtherLiabilities`	$10.54B	USD	Point-in-time
Other liabilities (2022 and 2021 include $88.8 million and $58.7 million related to consolidated variable interest entities)	`OtherLiabilities`	$11.60B	USD	Point-in-time
Total liabilities	`Liabilities`	$288.20B	USD	Point-in-time
Total liabilities	`Liabilities`	$281.87B	USD	Point-in-time
Redeemable noncontrolling interest (2022 and 2021 include $240.8 million and $304.0 million related to consolidated variable interest entities)	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$332.50M	USD	Point-in-time
Redeemable noncontrolling interest (2022 and 2021 include $240.8 million and $304.0 million related to consolidated variable interest entities)	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$255.60M	USD	Point-in-time
Redeemable noncontrolling interest (2022 and 2021 include $240.8 million and $304.0 million related to consolidated variable interest entities)	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$263.50M	USD	Point-in-time
Redeemable noncontrolling interest (2022 and 2021 include $240.8 million and $304.0 million related to consolidated variable interest entities)	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$306.80M	USD	Point-in-time
Redeemable noncontrolling interest (2022 and 2021 include $240.8 million and $304.0 million related to consolidated variable interest entities)	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$330.60M	USD	Point-in-time
Redeemable noncontrolling interest (2022 and 2021 include $240.8 million and $304.0 million related to consolidated variable interest entities)	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$268.50M	USD	Point-in-time
Common stock, par value $0.01 per share; 2,500.0 million shares authorized; 487.2 million and 484.9 million shares issued as of 2022 and 2021; 249.9 million and 261.7 million shares outstanding as of 2022 and 2021	`CommonStockValue`	$4.80M	USD	Point-in-time
Common stock, par value $0.01 per share; 2,500.0 million shares authorized; 487.2 million and 484.9 million shares issued as of 2022 and 2021; 249.9 million and 261.7 million shares outstanding as of 2022 and 2021	`CommonStockValue`	$4.90M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$10.55B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$10.49B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$15.99B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$12.88B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.61B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.63B	USD	Point-in-time
Treasury stock, at cost (237.3 million and 223.2 million shares as of 2022 and 2021)	`TreasuryStockValue`	$8.93B	USD	Point-in-time
Treasury stock, at cost (237.3 million and 223.2 million shares as of 2022 and 2021)	`TreasuryStockValue`	$9.88B	USD	Point-in-time
Total stockholders' equity attributable to Principal Financial Group, Inc.	`StockholdersEquity`	$11.04B	USD	Point-in-time
Total stockholders' equity attributable to Principal Financial Group, Inc.	`StockholdersEquity`	$16.07B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$41.80M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$56.40M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$16.13B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$16.29B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.08B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$16.62B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$15.46B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.95B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$304.66B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$293.22B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Premiums and other considerations	`PremiumsEarnedNet`	$1.27B	USD	1 Quarter
Premiums and other considerations	`PremiumsEarnedNet`	$2.10B	USD	2 Qtrs
Premiums and other considerations	`PremiumsEarnedNet`	$2.25B	USD	2 Qtrs
Premiums and other considerations	`PremiumsEarnedNet`	$1.37B	USD	1 Quarter
Fees and other revenues	`InvestmentAdvisoryAssetManagementAndInsuranceFeesAndCommissions`	$947.60M	USD	1 Quarter
Fees and other revenues	`InvestmentAdvisoryAssetManagementAndInsuranceFeesAndCommissions`	$2.16B	USD	2 Qtrs
Fees and other revenues	`InvestmentAdvisoryAssetManagementAndInsuranceFeesAndCommissions`	$1.27B	USD	1 Quarter
Fees and other revenues	`InvestmentAdvisoryAssetManagementAndInsuranceFeesAndCommissions`	$2.46B	USD	2 Qtrs
Net investment income (loss)	`NetInvestmentIncome`	$1.93B	USD	2 Qtrs
Net investment income (loss)	`NetInvestmentIncome`	$816.50M	USD	1 Quarter
Net investment income (loss)	`NetInvestmentIncome`	$2.07B	USD	2 Qtrs
Net investment income (loss)	`NetInvestmentIncome`	$1.05B	USD	1 Quarter
Net realized capital gains (losses)	`GainLossOnInvestments`	$-338.40M	USD	2 Qtrs
Net realized capital gains (losses)	`GainLossOnInvestments`	$-227.90M	USD	1 Quarter
Net realized capital gains (losses)	`GainLossOnInvestments`	$110.30M	USD	2 Qtrs
Net realized capital gains (losses)	`GainLossOnInvestments`	$-41.10M	USD	1 Quarter
Net realized capital gains (losses) on funds withheld assets	`GainLossOnFundsWithheldAssets`	$689.00M	USD	2 Qtrs
Net realized capital gains (losses) on funds withheld assets	`GainLossOnFundsWithheldAssets`	$689.00M	USD	1 Quarter
Change in fair value of funds withheld embedded derivative	`ChangeInFairValueOfFundsWithheldEmbeddedDerivative`	$3.07B	USD	1 Quarter
Change in fair value of funds withheld embedded derivative	`ChangeInFairValueOfFundsWithheldEmbeddedDerivative`	$3.07B	USD	2 Qtrs
Total revenues	`Revenues`	$9.77B	USD	2 Qtrs
Total revenues	`Revenues`	$3.54B	USD	1 Quarter
Total revenues	`Revenues`	$6.66B	USD	1 Quarter
Total revenues	`Revenues`	$6.75B	USD	2 Qtrs
Benefits, claims and settlement expenses	`PolicyholderBenefitsAndClaimsIncurredNet`	$1.28B	USD	1 Quarter
Benefits, claims and settlement expenses	`PolicyholderBenefitsAndClaimsIncurredNet`	$3.19B	USD	2 Qtrs
Benefits, claims and settlement expenses	`PolicyholderBenefitsAndClaimsIncurredNet`	$1.81B	USD	1 Quarter
Benefits, claims and settlement expenses	`PolicyholderBenefitsAndClaimsIncurredNet`	$2.74B	USD	2 Qtrs
Dividends to policyholders	`PolicyholderDividends`	$28.90M	USD	1 Quarter
Dividends to policyholders	`PolicyholderDividends`	$24.50M	USD	1 Quarter
Dividends to policyholders	`PolicyholderDividends`	$47.10M	USD	2 Qtrs
Dividends to policyholders	`PolicyholderDividends`	$47.60M	USD	2 Qtrs
Operating expenses	`OperatingExpensesIncludingDeferredAcquisitionCostsCapitalizationAndAmortization`	$2.47B	USD	2 Qtrs
Operating expenses	`OperatingExpensesIncludingDeferredAcquisitionCostsCapitalizationAndAmortization`	$1.27B	USD	1 Quarter
Operating expenses	`OperatingExpensesIncludingDeferredAcquisitionCostsCapitalizationAndAmortization`	$2.66B	USD	2 Qtrs
Operating expenses	`OperatingExpensesIncludingDeferredAcquisitionCostsCapitalizationAndAmortization`	$1.46B	USD	1 Quarter
Total expenses	`BenefitsLossesAndExpenses`	$5.44B	USD	2 Qtrs
Total expenses	`BenefitsLossesAndExpenses`	$3.11B	USD	1 Quarter
Total expenses	`BenefitsLossesAndExpenses`	$5.70B	USD	2 Qtrs
Total expenses	`BenefitsLossesAndExpenses`	$2.76B	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxes`	$3.90B	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxes`	$432.60M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxes`	$1.05B	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxes`	$4.33B	USD	2 Qtrs
Income taxes (benefits)	`IncomeTaxExpenseBenefit`	$822.50M	USD	1 Quarter
Income taxes (benefits)	`IncomeTaxExpenseBenefit`	$869.80M	USD	2 Qtrs
Income taxes (benefits)	`IncomeTaxExpenseBenefit`	$158.60M	USD	2 Qtrs
Income taxes (benefits)	`IncomeTaxExpenseBenefit`	$61.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$371.60M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$887.90M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$3.07B	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$3.46B	USD	2 Qtrs
Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$15.20M	USD	1 Quarter
Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$19.70M	USD	2 Qtrs
Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$9.00M	USD	2 Qtrs
Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$9.80M	USD	1 Quarter
Net income (loss) attributable to Principal Financial Group, Inc.	`NetIncomeLoss`	$3.06B	USD	1 Quarter
Net income (loss) attributable to Principal Financial Group, Inc.	`NetIncomeLoss`	$3.44B	USD	2 Qtrs
Net income (loss) attributable to Principal Financial Group, Inc.	`NetIncomeLoss`	$878.90M	USD	2 Qtrs
Net income (loss) attributable to Principal Financial Group, Inc.	`NetIncomeLoss`	$361.80M	USD	1 Quarter
Basic earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$13.42	USD	2 Qtrs
Basic earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$3.23	USD	2 Qtrs
Basic earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$1.34	USD	1 Quarter
Basic earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$12.11	USD	1 Quarter
Diluted earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$3.19	USD	2 Qtrs
Diluted earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$13.21	USD	2 Qtrs
Diluted earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$11.94	USD	1 Quarter
Diluted earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$1.32	USD	1 Quarter

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.13B	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$838.70M	USD	2 Qtrs
Fixed maturities available-for-sale and equity securities with intent to hold: Purchases	`PaymentsToAcquireMarketableSecurities`	$7.52B	USD	2 Qtrs
Fixed maturities available-for-sale and equity securities with intent to hold: Purchases	`PaymentsToAcquireMarketableSecurities`	$11.82B	USD	2 Qtrs
Fixed maturities available-for-sale and equity securities with intent to hold: Sales	`ProceedsFromSaleOfDebtSecuritiesAvailableForSaleAndEquitySecuritiesFvNi`	$1.94B	USD	2 Qtrs
Fixed maturities available-for-sale and equity securities with intent to hold: Sales	`ProceedsFromSaleOfDebtSecuritiesAvailableForSaleAndEquitySecuritiesFvNi`	$8.40B	USD	2 Qtrs
Fixed maturities available-for-sale and equity securities with intent to hold: Maturities	`ProceedsFromMaturitiesRepaymentsAndCallsOfDebtSecuritiesAvailableForSaleAndEquitySecuritiesFvNi`	$5.90B	USD	2 Qtrs
Fixed maturities available-for-sale and equity securities with intent to hold: Maturities	`ProceedsFromMaturitiesRepaymentsAndCallsOfDebtSecuritiesAvailableForSaleAndEquitySecuritiesFvNi`	$3.78B	USD	2 Qtrs
Mortgage loans acquired or originated	`PaymentsToAcquireMortgageNotesReceivable`	$2.36B	USD	2 Qtrs
Mortgage loans acquired or originated	`PaymentsToAcquireMortgageNotesReceivable`	$2.37B	USD	2 Qtrs
Mortgage loans sold or repaid	`ProceedsFromSaleAndCollectionOfMortgageNotesReceivable`	$1.31B	USD	2 Qtrs
Mortgage loans sold or repaid	`ProceedsFromSaleAndCollectionOfMortgageNotesReceivable`	$1.75B	USD	2 Qtrs
Real estate acquired	`PaymentsToAcquireRealEstateHeldForInvestment`	$116.40M	USD	2 Qtrs
Real estate acquired	`PaymentsToAcquireRealEstateHeldForInvestment`	$141.60M	USD	2 Qtrs
Real estate sold	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$288.40M	USD	2 Qtrs
Net (purchases) sales of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipmentNet`	$45.80M	USD	2 Qtrs
Net (purchases) sales of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipmentNet`	$51.70M	USD	2 Qtrs
Net change in other investments	`PaymentsForProceedsFromOtherInvestingActivities`	$-39.00M	USD	2 Qtrs
Net change in other investments	`PaymentsForProceedsFromOtherInvestingActivities`	$10.90M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-942.80M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-97.90M	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$49.00M	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$42.90M	USD	2 Qtrs
Accelerated share repurchase	`PaymentsForAcceleratedShareRepurchase`	$42.80M	USD	2 Qtrs
Acquisition of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$381.60M	USD	2 Qtrs
Acquisition of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$951.30M	USD	2 Qtrs
Payments for financing element derivatives	`PaymentsForDerivativeInstrumentFinancingActivities`	$26.10M	USD	2 Qtrs
Payments for financing element derivatives	`PaymentsForDerivativeInstrumentFinancingActivities`	$17.70M	USD	2 Qtrs
Purchase of subsidiary shares from noncontrolling interest	`PaymentsToMinorityShareholders`	$22.40M	USD	2 Qtrs
Purchase of subsidiary shares from noncontrolling interest	`PaymentsToMinorityShareholders`	$6.70M	USD	2 Qtrs
Dividends to common stockholders	`PaymentsOfDividendsCommonStock`	$328.70M	USD	2 Qtrs
Dividends to common stockholders	`PaymentsOfDividendsCommonStock`	$317.40M	USD	2 Qtrs
Principal repayments of long-term debt	`RepaymentsOfLongTermDebt`	$900.00K	USD	2 Qtrs
Principal repayments of long-term debt	`RepaymentsOfLongTermDebt`	$900.00K	USD	2 Qtrs
Net proceeds from (repayments of) short-term borrowings	`ProceedsFromRepaymentsOfShortTermDebt`	$-6.40M	USD	2 Qtrs
Investment contract deposits	`AdditionsToContractHoldersFunds`	$4.85B	USD	2 Qtrs
Investment contract deposits	`AdditionsToContractHoldersFunds`	$4.21B	USD	2 Qtrs
Investment contract withdrawals	`WithdrawalFromContractHoldersFunds`	$3.48B	USD	2 Qtrs
Investment contract withdrawals	`WithdrawalFromContractHoldersFunds`	$4.98B	USD	2 Qtrs
Net increase (decrease) in banking operation deposits	`IncreaseDecreaseInDeposits`	$206.50M	USD	2 Qtrs
Net increase (decrease) in banking operation deposits	`IncreaseDecreaseInDeposits`	$681.20M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$100.30M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-623.20M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-432.40M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$841.10M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.42B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.33B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.17B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.85B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.42B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.33B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.17B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.85B	USD	Point-in-time
Increases in equity securities re-designated from funded status of OPEB plan	`DefinedBenefitPlanIncreaseInEquitySecuritiesRedesignationFromFundedStatus`	-	USD	2 Qtrs
Increases in equity securities re-designated from funded status of OPEB plan	`DefinedBenefitPlanIncreaseInEquitySecuritiesRedesignationFromFundedStatus`	$548.10M	USD	2 Qtrs
Increases in other investments re-designated from funded status of OPEB plan	`DefinedBenefitPlanIncreaseInOtherInvestmentRedesignationFromFundedStatus`	-	USD	2 Qtrs
Increases in other investments re-designated from funded status of OPEB plan	`DefinedBenefitPlanIncreaseInOtherInvestmentRedesignationFromFundedStatus`	$117.50M	USD	2 Qtrs
Decrease in tax receivable re-designated from funded status of OPEB plan	`DefinedBenefitPlanDecreaseInTaxReceivableRedesignationFromFundedStatus`	$-9.10M	USD	2 Qtrs
Decrease in tax receivable re-designated from funded status of OPEB plan	`DefinedBenefitPlanDecreaseInTaxReceivableRedesignationFromFundedStatus`	-	USD	2 Qtrs
Decrease in accumulated other comprehensive income ("AOCI") due to reclassifying excess assets out of funded status of OPEB plan	`DefinedBenefitPlanDecreaseInOtherComprehensiveIncomeLossDueToReclassificationOfExcessAssetsOutOfFundedStatus`	$9.10M	USD	2 Qtrs
Decrease in accumulated other comprehensive income ("AOCI") due to reclassifying excess assets out of funded status of OPEB plan	`DefinedBenefitPlanDecreaseInOtherComprehensiveIncomeLossDueToReclassificationOfExcessAssetsOutOfFundedStatus`	-	USD	2 Qtrs
Decrease in other assets due to reclassifying excess assets out of funded status of OPEB plan	`DefinedBenefitPlanDecreaseInOtherAssetsDueToReclassificationOfExcessAssetsOutOfFundedStatus`	-	USD	2 Qtrs
Decrease in other assets due to reclassifying excess assets out of funded status of OPEB plan	`DefinedBenefitPlanDecreaseInOtherAssetsDueToReclassificationOfExcessAssetsOutOfFundedStatus`	$665.60M	USD	2 Qtrs
Assets transferred in kind for settlement to reinsurer	`AssetsTransferredInKindForReinsuranceAmount`	$-428.50M	USD	2 Qtrs

Stockholders Equity 55 line items

Line Item	Tag	Value	Unit	Period
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$16.13B	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$16.29B	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.08B	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$16.62B	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$15.46B	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.95B	USD	Point-in-time
Common stock issued	`StockIssuedDuringPeriodValueNewIssues`	$25.60M	USD	1 Quarter
Common stock issued	`StockIssuedDuringPeriodValueNewIssues`	$42.90M	USD	2 Qtrs
Common stock issued	`StockIssuedDuringPeriodValueNewIssues`	$29.40M	USD	1 Quarter
Common stock issued	`StockIssuedDuringPeriodValueNewIssues`	$49.00M	USD	2 Qtrs
Stock-based compensation	`StockBasedCompensation`	$50.90M	USD	2 Qtrs
Stock-based compensation	`StockBasedCompensation`	$54.20M	USD	2 Qtrs
Stock-based compensation	`StockBasedCompensation`	$21.90M	USD	1 Quarter
Stock-based compensation	`StockBasedCompensation`	$22.30M	USD	1 Quarter
Treasury stock acquired, common	`TreasuryStockValueAcquiredCostMethod`	$266.10M	USD	1 Quarter
Treasury stock acquired, common	`TreasuryStockValueAcquiredCostMethod`	$381.60M	USD	2 Qtrs
Treasury stock acquired, common	`TreasuryStockValueAcquiredCostMethod`	$197.20M	USD	1 Quarter
Treasury stock acquired, common	`TreasuryStockValueAcquiredCostMethod`	$951.30M	USD	2 Qtrs
Accelerated share repurchase	`Forwardcontractamountreportedinadditionalpaidincapital`	$42.80M	USD	2 Qtrs
Accelerated share repurchase	`Forwardcontractamountreportedinadditionalpaidincapital`	$-97.20M	USD	1 Quarter
Dividends to common stockholders	`DividendsCommonStock`	$317.40M	USD	2 Qtrs
Dividends to common stockholders	`DividendsCommonStock`	$165.20M	USD	1 Quarter
Dividends to common stockholders	`DividendsCommonStock`	$161.70M	USD	1 Quarter
Dividends to common stockholders	`DividendsCommonStock`	$328.70M	USD	2 Qtrs
Distributions to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$50.90M	USD	1 Quarter
Distributions to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.80M	USD	1 Quarter
Distributions to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$67.00M	USD	2 Qtrs
Distributions to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$3.40M	USD	2 Qtrs
Contributions from noncontrolling interest	`MinorityInterestIncreaseFromContributionsFromNoncontrollingInterest`	$3.80M	USD	2 Qtrs
Contributions from noncontrolling interest	`MinorityInterestIncreaseFromContributionsFromNoncontrollingInterest`	$3.70M	USD	2 Qtrs
Contributions from noncontrolling interest	`MinorityInterestIncreaseFromContributionsFromNoncontrollingInterest`	$2.50M	USD	1 Quarter
Contributions from noncontrolling interest	`MinorityInterestIncreaseFromContributionsFromNoncontrollingInterest`	$2.20M	USD	1 Quarter
Purchase of subsidiary shares from noncontrolling interest	`MinorityInterestDecreaseFromRedemptions`	$400.00K	USD	1 Quarter
Purchase of subsidiary shares from noncontrolling interest	`MinorityInterestDecreaseFromRedemptions`	$6.70M	USD	2 Qtrs
Purchase of subsidiary shares from noncontrolling interest	`MinorityInterestDecreaseFromRedemptions`	$17.00M	USD	2 Qtrs
Adjustments to redemption amount of redeemable noncontrolling interest	`AdjustmentsToRedemptionAmountOfRedeemableNoncontrollingInterest`	$-300.00K	USD	1 Quarter
Adjustments to redemption amount of redeemable noncontrolling interest	`AdjustmentsToRedemptionAmountOfRedeemableNoncontrollingInterest`	$-400.00K	USD	2 Qtrs
Adjustments to redemption amount of redeemable noncontrolling interest	`AdjustmentsToRedemptionAmountOfRedeemableNoncontrollingInterest`	$-400.00K	USD	1 Quarter
Adjustments to redemption amount of redeemable noncontrolling interest	`AdjustmentsToRedemptionAmountOfRedeemableNoncontrollingInterest`	$-8.60M	USD	2 Qtrs
Adjustment for reinsurance	`AdjustmentsForReinsuranceToAccumulatedOtherComprehensiveIncomeLoss`	$131.80M	USD	2 Qtrs
Adjustment for reinsurance	`AdjustmentsForReinsuranceToAccumulatedOtherComprehensiveIncomeLoss`	$131.80M	USD	1 Quarter
Net income (loss)	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$3.49B	USD	2 Qtrs
Net income (loss)	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$881.10M	USD	2 Qtrs
Net income (loss)	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$3.10B	USD	1 Quarter
Net income (loss)	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$363.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxExcludingRedeemableNoncontrollingInterest`	$-3.84B	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxExcludingRedeemableNoncontrollingInterest`	$-579.80M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxExcludingRedeemableNoncontrollingInterest`	$849.70M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxExcludingRedeemableNoncontrollingInterest`	$-7.37B	USD	2 Qtrs
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$16.13B	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$16.29B	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.08B	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$16.62B	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$15.46B	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.95B	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$371.60M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$887.90M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$3.07B	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$3.46B	USD	2 Qtrs
Net unrealized gains (losses) on available-for-sale securities	`OtherComprehensiveIncomeAvailableForSaleSecuritiesPeriodIncreaseDecreaseNetOfTax`	$790.90M	USD	1 Quarter
Net unrealized gains (losses) on available-for-sale securities	`OtherComprehensiveIncomeAvailableForSaleSecuritiesPeriodIncreaseDecreaseNetOfTax`	$-3.57B	USD	1 Quarter
Net unrealized gains (losses) on available-for-sale securities	`OtherComprehensiveIncomeAvailableForSaleSecuritiesPeriodIncreaseDecreaseNetOfTax`	$-582.50M	USD	2 Qtrs
Net unrealized gains (losses) on available-for-sale securities	`OtherComprehensiveIncomeAvailableForSaleSecuritiesPeriodIncreaseDecreaseNetOfTax`	$-7.24B	USD	2 Qtrs
Net unrealized gains (losses) on derivative instruments	`OtherComprehensiveIncomeDerivativesPeriodIncreaseDecreaseNetOfTax`	$13.90M	USD	1 Quarter
Net unrealized gains (losses) on derivative instruments	`OtherComprehensiveIncomeDerivativesPeriodIncreaseDecreaseNetOfTax`	$-27.70M	USD	2 Qtrs
Net unrealized gains (losses) on derivative instruments	`OtherComprehensiveIncomeDerivativesPeriodIncreaseDecreaseNetOfTax`	$-11.40M	USD	1 Quarter
Net unrealized gains (losses) on derivative instruments	`OtherComprehensiveIncomeDerivativesPeriodIncreaseDecreaseNetOfTax`	$11.70M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-120.70M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$35.40M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-274.10M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-20.80M	USD	2 Qtrs
Net unrecognized postretirement benefit obligation	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-11.90M	USD	2 Qtrs
Net unrecognized postretirement benefit obligation	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-15.00M	USD	2 Qtrs
Net unrecognized postretirement benefit obligation	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-8.30M	USD	1 Quarter
Net unrecognized postretirement benefit obligation	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-9.60M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-3.84B	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-579.70M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$849.80M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-7.38B	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-770.30M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$308.20M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.22B	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-3.92B	USD	2 Qtrs
Comprehensive income (loss) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$17.50M	USD	2 Qtrs
Comprehensive income (loss) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$9.60M	USD	1 Quarter
Comprehensive income (loss) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$11.60M	USD	1 Quarter
Comprehensive income (loss) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$8.60M	USD	2 Qtrs
Comprehensive income (loss) attributable to Principal Financial Group, Inc.	`ComprehensiveIncomeNetOfTax`	$1.21B	USD	1 Quarter
Comprehensive income (loss) attributable to Principal Financial Group, Inc.	`ComprehensiveIncomeNetOfTax`	$-781.90M	USD	1 Quarter
Comprehensive income (loss) attributable to Principal Financial Group, Inc.	`ComprehensiveIncomeNetOfTax`	$299.60M	USD	2 Qtrs
Comprehensive income (loss) attributable to Principal Financial Group, Inc.	`ComprehensiveIncomeNetOfTax`	$-3.94B	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.