10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001104659-23-055435 |
| Period End Date | 20230331 |
| Filing Date | 20230503 |
| Fiscal Year | 2023 |
| Fiscal Period | Q1 |
| XBRL Instance | pfg-20230331x10q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
121 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Fixed maturities, available-for-sale |
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
|
$62.89B | USD | Point-in-time |
| Fixed maturities, available-for-sale |
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
|
$65.40B | USD | Point-in-time |
| Fixed maturities, trading |
TradingSecuritiesDebt
|
$760.70M | USD | Point-in-time |
| Fixed maturities, trading |
TradingSecuritiesDebt
|
$787.90M | USD | Point-in-time |
| Equity securities (2023 and 2022 include $761.6 million and $740.0 million related to consolidated variable interest entities) |
EquitySecuritiesFvNiCurrentAndNoncurrent
|
$1.71B | USD | Point-in-time |
| Equity securities (2023 and 2022 include $761.6 million and $740.0 million related to consolidated variable interest entities) |
EquitySecuritiesFvNiCurrentAndNoncurrent
|
$1.73B | USD | Point-in-time |
| Mortgage loans (2023 and 2022 include $1,166.7 million and $1,179.7 million related to consolidated variable interest entities) |
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
$20.60B | USD | Point-in-time |
| Mortgage loans (2023 and 2022 include $1,166.7 million and $1,179.7 million related to consolidated variable interest entities) |
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
$20.63B | USD | Point-in-time |
| Equity securities |
EquitySecuritiesFvNiCurrentAndNoncurrent
|
$1.71B | USD | Point-in-time |
| Equity securities |
EquitySecuritiesFvNiCurrentAndNoncurrent
|
$1.73B | USD | Point-in-time |
| Real estate (2023 and 2022 include $710.3 million and $649.0 million related to consolidated variable interest entities) |
RealEstateInvestments
|
$2.30B | USD | Point-in-time |
| Real estate (2023 and 2022 include $710.3 million and $649.0 million related to consolidated variable interest entities) |
RealEstateInvestments
|
$2.24B | USD | Point-in-time |
| Mortgage loans |
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
$20.60B | USD | Point-in-time |
| Policy loans |
LoansInsurancePolicy
|
$784.70M | USD | Point-in-time |
| Mortgage loans |
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
$20.63B | USD | Point-in-time |
| Policy loans |
LoansInsurancePolicy
|
$788.00M | USD | Point-in-time |
| Other investments (2023 and 2022 include $396.6 million and $375.9 million related to consolidated variable interest entities) |
OtherInvestments
|
$6.12B | USD | Point-in-time |
| Real estate |
RealEstateInvestments
|
$2.30B | USD | Point-in-time |
| Other investments (2023 and 2022 include $396.6 million and $375.9 million related to consolidated variable interest entities) |
OtherInvestments
|
$6.42B | USD | Point-in-time |
| Real estate |
RealEstateInvestments
|
$2.24B | USD | Point-in-time |
| Other investments |
OtherInvestments
|
$6.12B | USD | Point-in-time |
| Total investments |
Investments
|
$98.03B | USD | Point-in-time |
| Total investments |
Investments
|
$95.14B | USD | Point-in-time |
| Other investments |
OtherInvestments
|
$6.42B | USD | Point-in-time |
| Cash and cash equivalents (2023 and 2022 include $44.5 million and $32.4 million related to consolidated variable interest entities) |
CashAndCashEquivalentsAtCarryingValue
|
$4.85B | USD | Point-in-time |
| Cash and Cash Equivalents, at Carrying Value |
CashAndCashEquivalentsAtCarryingValue
|
$4.85B | USD | Point-in-time |
| Cash and cash equivalents (2023 and 2022 include $44.5 million and $32.4 million related to consolidated variable interest entities) |
CashAndCashEquivalentsAtCarryingValue
|
$4.64B | USD | Point-in-time |
| Cash and Cash Equivalents, at Carrying Value |
CashAndCashEquivalentsAtCarryingValue
|
$4.64B | USD | Point-in-time |
| Separate account assets |
SeparateAccountAssets
|
$162.00B | USD | Point-in-time |
| Accrued investment income |
AccruedInvestmentIncomeReceivable
|
$797.70M | USD | Point-in-time |
| Accrued investment income |
AccruedInvestmentIncomeReceivable
|
$742.10M | USD | Point-in-time |
| Separate account assets |
SeparateAccountAssets
|
$155.38B | USD | Point-in-time |
| Contractholder funds |
ContractholderFunds
|
$42.96B | USD | Point-in-time |
| Reinsurance recoverable and deposit receivable |
ReinsuranceRecoverableAndDepositReceivable
|
$21.15B | USD | Point-in-time |
| Reinsurance recoverable and deposit receivable |
ReinsuranceRecoverableAndDepositReceivable
|
$20.88B | USD | Point-in-time |
| Contractholder funds |
ContractholderFunds
|
$42.83B | USD | Point-in-time |
| Separate account liabilities |
SeparateAccountsLiability
|
$155.38B | USD | Point-in-time |
| Premiums due and other receivables |
PremiumsAndOtherReceivablesNet
|
$3.93B | USD | Point-in-time |
| Premiums due and other receivables |
PremiumsAndOtherReceivablesNet
|
$3.84B | USD | Point-in-time |
| Separate account liabilities |
SeparateAccountsLiability
|
$162.00B | USD | Point-in-time |
| Deferred acquisition costs |
DeferredPolicyAcquisitionCosts
|
$3.95B | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$11.41B | USD | Point-in-time |
| Deferred acquisition costs |
DeferredPolicyAcquisitionCosts
|
$3.95B | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$12.10B | USD | Point-in-time |
| Deferred acquisition costs |
DeferredPolicyAcquisitionCosts
|
$3.82B | USD | Point-in-time |
| Market risk benefit asset |
MarketRiskBenefitAssetAmount
|
$107.30M | USD | Point-in-time |
| Redeemable noncontrolling interest |
RedeemableNoncontrollingInterestEquityCarryingAmount
|
$306.80M | USD | Point-in-time |
| Redeemable noncontrolling interest |
RedeemableNoncontrollingInterestEquityCarryingAmount
|
$272.70M | USD | Point-in-time |
| Redeemable noncontrolling interest |
RedeemableNoncontrollingInterestEquityCarryingAmount
|
$332.50M | USD | Point-in-time |
| Redeemable noncontrolling interest |
RedeemableNoncontrollingInterestEquityCarryingAmount
|
$262.00M | USD | Point-in-time |
| Market risk benefit asset |
MarketRiskBenefitAssetAmount
|
$109.20M | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Property and equipment |
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
|
$986.20M | USD | Point-in-time |
| Property and equipment |
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
|
$996.10M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$1.64B | USD | Point-in-time |
| Common stock, authorized (in shares) |
CommonStockSharesAuthorized
|
2.50B | shares | Point-in-time |
| Common stock, authorized (in shares) |
CommonStockSharesAuthorized
|
2.50B | shares | Point-in-time |
| Goodwill |
Goodwill
|
$1.60B | USD | Point-in-time |
| Other intangibles |
IntangibleAssetsNetExcludingGoodwill
|
$1.54B | USD | Point-in-time |
| Common stock, issued (in shares) |
CommonStockSharesIssued
|
489.80M | shares | Point-in-time |
| Other intangibles |
IntangibleAssetsNetExcludingGoodwill
|
$1.53B | USD | Point-in-time |
| Common stock, issued (in shares) |
CommonStockSharesIssued
|
491.50M | shares | Point-in-time |
| Separate account assets (2023 and 2022 include $36,276.3 million and $34,193.8 million related to consolidated variable interest entities) |
SeparateAccountAssets
|
$162.00B | USD | Point-in-time |
| Common stock, outstanding (in shares) |
CommonStockSharesOutstanding
|
243.50M | shares | Point-in-time |
| Separate account assets (2023 and 2022 include $36,276.3 million and $34,193.8 million related to consolidated variable interest entities) |
SeparateAccountAssets
|
$155.38B | USD | Point-in-time |
| Common stock, outstanding (in shares) |
CommonStockSharesOutstanding
|
243.10M | shares | Point-in-time |
| Treasury stock (in shares) |
TreasuryStockCommonShares
|
248.40M | shares | Point-in-time |
| Other assets |
OtherAssets
|
$1.01B | USD | Point-in-time |
| Treasury stock (in shares) |
TreasuryStockCommonShares
|
246.30M | shares | Point-in-time |
| Other assets |
OtherAssets
|
$1.21B | USD | Point-in-time |
| Total assets |
Assets
|
$299.41B | USD | Point-in-time |
| Total assets |
Assets
|
$290.58B | USD | Point-in-time |
| Contractholder funds (2023 and 2022 include $329.2 million and $334.0 million related to consolidated variable interest entities) |
ContractholderFunds
|
$42.96B | USD | Point-in-time |
| Contractholder funds (2023 and 2022 include $329.2 million and $334.0 million related to consolidated variable interest entities) |
ContractholderFunds
|
$42.83B | USD | Point-in-time |
| Future policy benefits and claims |
LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense
|
$44.70B | USD | Point-in-time |
| Future policy benefits and claims |
LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense
|
$43.03B | USD | Point-in-time |
| Market risk benefit liability |
MarketRiskBenefitLiabilityAmount
|
$194.40M | USD | Point-in-time |
| Market risk benefit liability |
MarketRiskBenefitLiabilityAmount
|
$207.40M | USD | Point-in-time |
| Other policyholder funds |
OtherPolicyholderFunds
|
$930.90M | USD | Point-in-time |
| Other policyholder funds |
OtherPolicyholderFunds
|
$911.50M | USD | Point-in-time |
| Short-term debt |
ShortTermBorrowings
|
$24.20M | USD | Point-in-time |
| Short-term debt |
ShortTermBorrowings
|
$80.70M | USD | Point-in-time |
| Long-term debt |
LongTermDebt
|
$4.00B | USD | Point-in-time |
| Long-term debt |
LongTermDebt
|
$4.69B | USD | Point-in-time |
| Income taxes currently payable |
AccruedIncomeTaxes
|
$19.20M | USD | Point-in-time |
| Income taxes currently payable |
AccruedIncomeTaxes
|
$24.60M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$1.32B | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$1.42B | USD | Point-in-time |
| Separate account liabilities (2023 and 2022 include $36,276.3 million and $34,193.8 million related to consolidated variable interest entities) |
SeparateAccountsLiability
|
$155.38B | USD | Point-in-time |
| Separate account liabilities (2023 and 2022 include $36,276.3 million and $34,193.8 million related to consolidated variable interest entities) |
SeparateAccountsLiability
|
$162.00B | USD | Point-in-time |
| Funds withheld payable |
FundsHeldUnderReinsuranceAgreementsLiability
|
$20.52B | USD | Point-in-time |
| Funds withheld payable |
FundsHeldUnderReinsuranceAgreementsLiability
|
$20.44B | USD | Point-in-time |
| Other liabilities (2023 and 2022 include $101.2 million and $86.8 million related to consolidated variable interest entities) |
OtherLiabilities
|
$11.41B | USD | Point-in-time |
| Other liabilities (2023 and 2022 include $101.2 million and $86.8 million related to consolidated variable interest entities) |
OtherLiabilities
|
$12.10B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$280.30B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$288.87B | USD | Point-in-time |
| Redeemable noncontrolling interest (2023 and 2022 include $250.9 million and $235.3 million related to consolidated variable interest entities) |
RedeemableNoncontrollingInterestEquityCarryingAmount
|
$306.80M | USD | Point-in-time |
| Redeemable noncontrolling interest (2023 and 2022 include $250.9 million and $235.3 million related to consolidated variable interest entities) |
RedeemableNoncontrollingInterestEquityCarryingAmount
|
$272.70M | USD | Point-in-time |
| Redeemable noncontrolling interest (2023 and 2022 include $250.9 million and $235.3 million related to consolidated variable interest entities) |
RedeemableNoncontrollingInterestEquityCarryingAmount
|
$332.50M | USD | Point-in-time |
| Redeemable noncontrolling interest (2023 and 2022 include $250.9 million and $235.3 million related to consolidated variable interest entities) |
RedeemableNoncontrollingInterestEquityCarryingAmount
|
$262.00M | USD | Point-in-time |
| Common stock, par value $0.01 per share; 2,500.0 million shares authorized; 491.5 million and 489.8 million shares issued as of 2023 and 2022; 243.1 million and 243.5 million shares outstanding as of 2023 and 2022 |
CommonStockValue
|
$4.90M | USD | Point-in-time |
| Common stock, par value $0.01 per share; 2,500.0 million shares authorized; 491.5 million and 489.8 million shares issued as of 2023 and 2022; 243.1 million and 243.5 million shares outstanding as of 2023 and 2022 |
CommonStockValue
|
$4.90M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$10.79B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$10.74B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$16.70B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$16.40B | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-6.88B | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-6.20B | USD | Point-in-time |
| Treasury stock, at cost (248.4 million and 246.3 million shares as of 2023 and 2022) |
TreasuryStockCommonValue
|
$10.59B | USD | Point-in-time |
| Treasury stock, at cost (248.4 million and 246.3 million shares as of 2023 and 2022) |
TreasuryStockCommonValue
|
$10.78B | USD | Point-in-time |
| Total stockholders' equity attributable to Principal Financial Group, Inc. |
StockholdersEquity
|
$10.22B | USD | Point-in-time |
| Total stockholders' equity attributable to Principal Financial Group, Inc. |
StockholdersEquity
|
$9.98B | USD | Point-in-time |
| Noncontrolling interest |
MinorityInterest
|
$41.10M | USD | Point-in-time |
| Noncontrolling interest |
MinorityInterest
|
$42.90M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$10.02B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$10.26B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$10.08B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.14B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$299.41B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$290.58B | USD | Point-in-time |
Income Statement
39 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Premiums and other considerations |
PremiumsEarnedNet
|
$887.40M | USD | 1 Quarter |
| Premiums and other considerations |
PremiumsEarnedNet
|
$1.45B | USD | 1 Quarter |
| Fees and other revenues |
InvestmentAdvisoryAssetManagementAndInsuranceFeesAndCommissions
|
$1.22B | USD | 1 Quarter |
| Fees and other revenues |
InvestmentAdvisoryAssetManagementAndInsuranceFeesAndCommissions
|
$995.30M | USD | 1 Quarter |
| Net investment income (loss) |
NetInvestmentIncome
|
$986.70M | USD | 1 Quarter |
| Net investment income (loss) |
NetInvestmentIncome
|
$1.13B | USD | 1 Quarter |
| Net realized capital gains (losses) |
GainLossOnInvestments
|
$-66.00M | USD | 1 Quarter |
| Net realized capital gains (losses) |
GainLossOnInvestments
|
$-136.60M | USD | 1 Quarter |
| Net realized capital gains (losses) on funds withheld assets |
GainLossOnFundsWithheldAssets
|
$81.00M | USD | 1 Quarter |
| Change in fair value of funds withheld embedded derivative |
ChangeInFairValueOfFundsWithheldEmbeddedDerivative
|
- | USD | 1 Quarter |
| Change in fair value of funds withheld embedded derivative |
ChangeInFairValueOfFundsWithheldEmbeddedDerivative
|
$-626.60M | USD | 1 Quarter |
| Total revenues |
Revenues
|
$3.10B | USD | 1 Quarter |
| Total revenues |
Revenues
|
$2.82B | USD | 1 Quarter |
| Benefits, claims and settlement expenses |
PolicyholderBenefitsAndClaimsIncurredNet
|
$1.49B | USD | 1 Quarter |
| Benefits, claims and settlement expenses |
PolicyholderBenefitsAndClaimsIncurredNet
|
$1.77B | USD | 1 Quarter |
| Net liability for future policy benefits remeasurement (gain) loss |
LiabilityForFuturePolicyBenefitRemeasurementGainLoss
|
$-13.40M | USD | 1 Quarter |
| Net liability for future policy benefits remeasurement (gain) loss |
LiabilityForFuturePolicyBenefitRemeasurementGainLoss
|
$5.60M | USD | 1 Quarter |
| Market risk benefit remeasurement (gain) loss |
MarketRiskBenefitChangeInFairValueGainLoss
|
$-8.90M | USD | 1 Quarter |
| Market risk benefit remeasurement (gain) loss |
MarketRiskBenefitChangeInFairValueGainLoss
|
$2.90M | USD | 1 Quarter |
| Dividends to policyholders |
PolicyholderDividends
|
$23.10M | USD | 1 Quarter |
| Dividends to policyholders |
PolicyholderDividends
|
$23.20M | USD | 1 Quarter |
| Operating expenses |
OperatingExpensesIncludingDeferredAcquisitionCostsCapitalizationAndAmortization
|
$1.24B | USD | 1 Quarter |
| Operating expenses |
OperatingExpensesIncludingDeferredAcquisitionCostsCapitalizationAndAmortization
|
$1.18B | USD | 1 Quarter |
| Total expenses |
BenefitsLossesAndExpenses
|
$3.03B | USD | 1 Quarter |
| Total expenses |
BenefitsLossesAndExpenses
|
$2.72B | USD | 1 Quarter |
| Income (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxes
|
$-212.50M | USD | 1 Quarter |
| Income (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxes
|
$378.40M | USD | 1 Quarter |
| Income taxes (benefits) |
IncomeTaxExpenseBenefit
|
$-78.00M | USD | 1 Quarter |
| Income taxes (benefits) |
IncomeTaxExpenseBenefit
|
$35.20M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-134.50M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$343.20M | USD | 1 Quarter |
| Net income (loss) attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$4.50M | USD | 1 Quarter |
| Net income (loss) attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$5.60M | USD | 1 Quarter |
| Net income (loss) attributable to Principal Financial Group, Inc. |
NetIncomeLoss
|
$338.70M | USD | 1 Quarter |
| Net income (loss) attributable to Principal Financial Group, Inc. |
NetIncomeLoss
|
$-140.10M | USD | 1 Quarter |
| Basic earnings per common share (in dollars per share) |
EarningsPerShareBasic
|
$-0.58 | USD | 1 Quarter |
| Basic earnings per common share (in dollars per share) |
EarningsPerShareBasic
|
$1.31 | USD | 1 Quarter |
| Diluted earnings per common share (in dollars per share) |
EarningsPerShareDiluted
|
$1.28 | USD | 1 Quarter |
| Diluted earnings per common share (in dollars per share) |
EarningsPerShareDiluted
|
$-0.58 | USD | 1 Quarter |
Cash Flow Statement
55 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$695.30M | USD | 1 Quarter |
| Net Cash Provided by (Used in) Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$31.50M | USD | 1 Quarter |
| Fixed maturities available-for-sale and equity securities with intent to hold: Purchases |
PaymentsToAcquireMarketableSecurities
|
$5.41B | USD | 1 Quarter |
| Fixed maturities available-for-sale and equity securities with intent to hold: Purchases |
PaymentsToAcquireMarketableSecurities
|
$3.87B | USD | 1 Quarter |
| Fixed maturities available-for-sale and equity securities with intent to hold: Sales |
ProceedsFromSaleOfDebtSecuritiesAvailableForSaleAndEquitySecuritiesFvNi
|
$1.71B | USD | 1 Quarter |
| Fixed maturities available-for-sale and equity securities with intent to hold: Sales |
ProceedsFromSaleOfDebtSecuritiesAvailableForSaleAndEquitySecuritiesFvNi
|
$4.36B | USD | 1 Quarter |
| Fixed maturities available-for-sale and equity securities with intent to hold: Maturities |
ProceedsFromMaturitiesRepaymentsAndCallsOfDebtSecuritiesAvailableForSaleAndEquitySecuritiesFvNi
|
$2.05B | USD | 1 Quarter |
| Fixed maturities available-for-sale and equity securities with intent to hold: Maturities |
ProceedsFromMaturitiesRepaymentsAndCallsOfDebtSecuritiesAvailableForSaleAndEquitySecuritiesFvNi
|
$1.32B | USD | 1 Quarter |
| Mortgage loans acquired or originated |
PaymentsToAcquireMortgageNotesReceivable
|
$318.20M | USD | 1 Quarter |
| Mortgage loans acquired or originated |
PaymentsToAcquireMortgageNotesReceivable
|
$1.19B | USD | 1 Quarter |
| Mortgage loans sold or repaid |
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
|
$407.70M | USD | 1 Quarter |
| Mortgage loans sold or repaid |
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
|
$439.90M | USD | 1 Quarter |
| Real estate acquired |
PaymentsToAcquireRealEstateHeldForInvestment
|
$86.80M | USD | 1 Quarter |
| Real estate acquired |
PaymentsToAcquireRealEstateHeldForInvestment
|
$41.20M | USD | 1 Quarter |
| Real estate sold |
ProceedsFromSaleOfRealEstateHeldforinvestment
|
$71.60M | USD | 1 Quarter |
| Net (purchases) sales of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipmentNet
|
$31.40M | USD | 1 Quarter |
| Net (purchases) sales of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipmentNet
|
$25.40M | USD | 1 Quarter |
| Net change in other investments |
PaymentsForProceedsFromOtherInvestingActivities
|
$311.20M | USD | 1 Quarter |
| Net change in other investments |
PaymentsForProceedsFromOtherInvestingActivities
|
$39.90M | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$126.80M | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-1.10B | USD | 1 Quarter |
| Issuance of common stock |
ProceedsFromIssuanceOfCommonStock
|
$19.80M | USD | 1 Quarter |
| Issuance of common stock |
ProceedsFromIssuanceOfCommonStock
|
$19.60M | USD | 1 Quarter |
| Accelerated share repurchase |
PaymentsForAcceleratedShareRepurchase
|
$140.00M | USD | 1 Quarter |
| Acquisition of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$188.50M | USD | 1 Quarter |
| Acquisition of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$754.10M | USD | 1 Quarter |
| Payments for financing element derivatives |
PaymentsForDerivativeInstrumentFinancingActivities
|
$10.50M | USD | 1 Quarter |
| Payments for financing element derivatives |
PaymentsForDerivativeInstrumentFinancingActivities
|
$12.90M | USD | 1 Quarter |
| Purchase of subsidiary shares from noncontrolling interest |
PaymentsToMinorityShareholders
|
$6.70M | USD | 1 Quarter |
| Purchase of subsidiary shares from noncontrolling interest |
PaymentsToMinorityShareholders
|
$2.80M | USD | 1 Quarter |
| Dividends to common stockholders |
PaymentsOfDividendsCommonStock
|
$155.50M | USD | 1 Quarter |
| Dividends to common stockholders |
PaymentsOfDividendsCommonStock
|
$167.00M | USD | 1 Quarter |
| Issuance of long-term debt |
ProceedsFromIssuanceOfLongTermDebt
|
$691.50M | USD | 1 Quarter |
| Principal repayments of long-term debt |
RepaymentsOfLongTermDebt
|
$600.00K | USD | 1 Quarter |
| Principal repayments of long-term debt |
RepaymentsOfLongTermDebt
|
$500.00K | USD | 1 Quarter |
| Net proceeds from (repayments of) short-term borrowings |
ProceedsFromRepaymentsOfShortTermDebt
|
$193.20M | USD | 1 Quarter |
| Net proceeds from (repayments of) short-term borrowings |
ProceedsFromRepaymentsOfShortTermDebt
|
$-61.20M | USD | 1 Quarter |
| Investment contract deposits |
AdditionsToContractHoldersFunds
|
$2.44B | USD | 1 Quarter |
| Investment contract deposits |
AdditionsToContractHoldersFunds
|
$3.26B | USD | 1 Quarter |
| Investment contract withdrawals |
WithdrawalFromContractHoldersFunds
|
$3.05B | USD | 1 Quarter |
| Investment contract withdrawals |
WithdrawalFromContractHoldersFunds
|
$1.79B | USD | 1 Quarter |
| Net increase (decrease) in banking operation deposits |
IncreaseDecreaseInDeposits
|
$468.50M | USD | 1 Quarter |
| Net increase (decrease) in banking operation deposits |
IncreaseDecreaseInDeposits
|
$-307.60M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$250.90M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$201.70M | USD | 1 Quarter |
| Net increase (decrease) in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$409.20M | USD | 1 Quarter |
| Net increase (decrease) in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-207.10M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$4.64B | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$2.74B | 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
|
$4.85B | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$4.64B | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$2.74B | 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
|
$4.85B | USD | Point-in-time |
Stockholders Equity
29 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balances |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$10.02B | USD | Point-in-time |
| Balances |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$10.26B | USD | Point-in-time |
| Balances |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$10.08B | USD | Point-in-time |
| Balances |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.14B | USD | Point-in-time |
| Common stock issued |
StockIssuedDuringPeriodValueNewIssues
|
$19.60M | USD | 1 Quarter |
| Common stock issued |
StockIssuedDuringPeriodValueNewIssues
|
$19.80M | USD | 1 Quarter |
| Stock-based compensation |
StockBasedCompensation
|
$28.60M | USD | 1 Quarter |
| Stock-based compensation |
StockBasedCompensation
|
$29.00M | USD | 1 Quarter |
| Treasury stock acquired, common |
TreasuryStockValueAcquiredCostMethod
|
$188.50M | USD | 1 Quarter |
| Treasury stock acquired, common |
TreasuryStockValueAcquiredCostMethod
|
$754.10M | USD | 1 Quarter |
| Accelerated share repurchase |
ForwardContractAmountReportedInAdditionalPaidInCapital
|
$140.00M | USD | 1 Quarter |
| Dividends to common stockholders |
DividendsCommonStock
|
$155.50M | USD | 1 Quarter |
| Dividends to common stockholders |
DividendsCommonStock
|
$167.00M | USD | 1 Quarter |
| Distributions to noncontrolling interest |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$16.10M | USD | 1 Quarter |
| Distributions to noncontrolling interest |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$2.10M | USD | 1 Quarter |
| Contributions from noncontrolling interest |
MinorityInterestIncreaseFromContributionsFromNoncontrollingInterest
|
$1.40M | USD | 1 Quarter |
| Contributions from noncontrolling interest |
MinorityInterestIncreaseFromContributionsFromNoncontrollingInterest
|
$1.50M | USD | 1 Quarter |
| Purchase of subsidiary shares from noncontrolling interest |
MinorityInterestDecreaseFromRedemptions
|
$1.20M | USD | 1 Quarter |
| Purchase of subsidiary shares from noncontrolling interest |
MinorityInterestDecreaseFromRedemptions
|
$6.70M | USD | 1 Quarter |
| Adjustments to redemption amount of redeemable noncontrolling interest |
AdjustmentsToRedemptionAmountOfRedeemableNoncontrollingInterest
|
$-100.00K | USD | 1 Quarter |
| Adjustments to redemption amount of redeemable noncontrolling interest |
AdjustmentsToRedemptionAmountOfRedeemableNoncontrollingInterest
|
$600.00K | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
$353.50M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
$-139.00M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxExcludingRedeemableNoncontrollingInterest
|
$-1.38B | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxExcludingRedeemableNoncontrollingInterest
|
$678.90M | USD | 1 Quarter |
| Balances |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$10.02B | USD | Point-in-time |
| Balances |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$10.26B | USD | Point-in-time |
| Balances |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$10.08B | USD | Point-in-time |
| Balances |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.14B | USD | Point-in-time |
Comprehensive Income
21 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
ProfitLoss
|
$-134.50M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$343.20M | USD | 1 Quarter |
| Net unrealized gains (losses) on available-for-sale securities |
OtherComprehensiveIncomeAvailableForSaleSecuritiesPeriodIncreaseDecreaseNetOfTax
|
$1.08B | USD | 1 Quarter |
| Net unrealized gains (losses) on available-for-sale securities |
OtherComprehensiveIncomeAvailableForSaleSecuritiesPeriodIncreaseDecreaseNetOfTax
|
$-4.11B | USD | 1 Quarter |
| Net unrealized gains (losses) on derivative instruments |
OtherComprehensiveIncomeDerivativesPeriodIncreaseDecreaseNetOfTax
|
$-18.80M | USD | 1 Quarter |
| Liability for future policy benefits discount rate remeasurement gain (loss) |
OciLiabilityForFuturePolicyBenefitGainLossAfterReclassificationAdjustmentAndTax
|
$-540.90M | USD | 1 Quarter |
| Liability for future policy benefits discount rate remeasurement gain (loss) |
OciLiabilityForFuturePolicyBenefitGainLossAfterReclassificationAdjustmentAndTax
|
$2.52B | USD | 1 Quarter |
| Market risk benefit nonperformance risk remeasurement gain |
OciMarketRiskBenefitInstrumentSpecificCreditRiskGainLossAfterAdjustmentsAndTax
|
$6.00M | USD | 1 Quarter |
| Market risk benefit nonperformance risk remeasurement gain |
OciMarketRiskBenefitInstrumentSpecificCreditRiskGainLossAfterAdjustmentsAndTax
|
$73.70M | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$155.10M | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$132.10M | USD | 1 Quarter |
| Net unrecognized postretirement benefit obligation |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-3.80M | USD | 1 Quarter |
| Net unrecognized postretirement benefit obligation |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-6.70M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$-1.38B | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$679.10M | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-1.03B | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$544.60M | USD | 1 Quarter |
| Comprehensive income (loss) attributable to noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$5.90M | USD | 1 Quarter |
| Comprehensive income (loss) attributable to noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$7.00M | USD | 1 Quarter |
| Comprehensive income (loss) attributable to Principal Financial Group, Inc. |
ComprehensiveIncomeNetOfTax
|
$-1.04B | USD | 1 Quarter |
| Comprehensive income (loss) attributable to Principal Financial Group, Inc. |
ComprehensiveIncomeNetOfTax
|
$537.60M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.