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Stockholders' Equity - AOCI and Noncontrolling Interest (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Change in accumulated other comprehensive income (loss) rollforward    
Balances $ 16,558.9  
Purchase of subsidiary shares from noncontrolling interest [1] (16.6) $ (0.9)
Balances 15,405.5  
Change in redeemable noncontrolling interest rollforward    
Redeemable noncontrolling interest, balance at beginning of period 255.6 264.9
Net income (loss) attributable to redeemable noncontrolling interest (1.8) (23.7)
Contributions from redeemable noncontrolling interest 17.8 34.2
Distributions to redeemable noncontrolling interest (16.3) (29.7)
Change in redemption value of redeemable noncontrolling interest 8.2 0.6
Other comprehensive income (loss) attributable to redeemable noncontrolling interest   (6.6)
Redeemable noncontrolling interest, balance at end of period 263.5 239.7
Accumulated other comprehensive income (loss)    
Change in accumulated other comprehensive income (loss) rollforward    
Balances 2,383.1 1,037.9
Other comprehensive income (loss) during the period, net of adjustments (1,413.6) (1,668.1)
Amounts reclassified from accumulated other comprehensive income (loss) (15.7) 31.0
Other comprehensive income (loss) attributable to Principal Financial Group, Inc. (1,429.3) (1,637.1)
Balances 953.8 (599.2)
Net unrealized gains (losses) on available-for-sale securities    
Change in accumulated other comprehensive income (loss) rollforward    
Balances 4,138.3 2,806.0
Other comprehensive income (loss) during the period, net of adjustments (1,351.7) (1,404.4)
Amounts reclassified from accumulated other comprehensive income (loss) (21.7) (6.9)
Other comprehensive income (loss) attributable to Principal Financial Group, Inc. (1,373.4) (1,411.3)
Balances 2,764.9 1,350.6
Available-for-sale debt securities, allowance for credit losses 2.4 3.3
Net unrealized gains (losses) on available-for-sale securities | Effects of implementation of accounting change    
Change in accumulated other comprehensive income (loss) rollforward    
Balances   (44.1)
Noncredit component of impairment losses on fixed maturities available-for-sale    
Change in accumulated other comprehensive income (loss) rollforward    
Balances   (44.1)
Noncredit component of impairment losses on fixed maturities available-for-sale | Effects of implementation of accounting change    
Change in accumulated other comprehensive income (loss) rollforward    
Balances   44.1
Net unrealized gains (losses) on derivative instruments    
Change in accumulated other comprehensive income (loss) rollforward    
Balances 18.2 53.4
Other comprehensive income (loss) during the period, net of adjustments 1.3 52.7
Amounts reclassified from accumulated other comprehensive income (loss) (3.5) (4.1)
Other comprehensive income (loss) attributable to Principal Financial Group, Inc. (2.2) 48.6
Balances 16.0 102.0
Foreign currency translation adjustment    
Change in accumulated other comprehensive income (loss) rollforward    
Balances (1,312.9) (1,341.8)
Other comprehensive income (loss) during the period, net of adjustments (56.0) (316.9)
Amounts reclassified from accumulated other comprehensive income (loss)   31.5
Other comprehensive income (loss) attributable to Principal Financial Group, Inc. (56.0) (285.4)
Balances (1,368.9) (1,627.2)
Unrecognized postretirement benefit obligation    
Change in accumulated other comprehensive income (loss) rollforward    
Balances (460.5) (435.6)
Other comprehensive income (loss) during the period, net of adjustments (7.2) 0.5
Amounts reclassified from accumulated other comprehensive income (loss) 9.5 10.5
Other comprehensive income (loss) attributable to Principal Financial Group, Inc. 2.3 11.0
Balances $ (458.2) $ (424.6)
[1] Excludes amounts attributable to redeemable noncontrolling interest. See Note 9, Stockholders’ Equity, for further details.