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Segment Information - Reconciliation of Segment Operating Revenues and Earnings to Consolidated (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Operating Revenue And Profit (Loss) From Segments To Consolidated        
Net realized capital gains (losses), net of related revenue adjustments $ (71.8) $ (56.2) $ 31.2 $ 73.8
Total revenues 3,539.4 3,114.6 6,747.9 7,665.9
Pre-tax net realized capital gains (losses), as adjusted (123.1) 18.4 (8.2) (51.0)
Income (loss) before income taxes 432.6 498.6 1,046.5 826.8
Retirement and Income Solutions        
Operating Revenue And Profit (Loss) From Segments To Consolidated        
Inter-segment revenues 102.9 77.6 201.7 161.6
Principal Global Investors        
Operating Revenue And Profit (Loss) From Segments To Consolidated        
Inter-segment revenues 71.1 62.4 144.2 135.1
Operating Segments        
Operating Revenue And Profit (Loss) From Segments To Consolidated        
Operating revenues 3,613.8 3,181.1 6,727.3 7,610.7
Pre-tax operating earnings (losses) 556.2 487.8 1,061.8 873.8
Operating Segments | Retirement and Income Solutions        
Operating Revenue And Profit (Loss) From Segments To Consolidated        
Operating revenues 1,670.9 1,480.0 2,894.9 4,085.7
Pre-tax operating earnings (losses) 280.2 213.9 568.2 419.0
Operating Segments | Retirement and Income Solutions | Retirement and Income Solutions - Fee        
Operating Revenue And Profit (Loss) From Segments To Consolidated        
Operating revenues 579.9 509.4 1,143.0 1,052.5
Operating Segments | Retirement and Income Solutions | Retirement and Income Solutions - Spread        
Operating Revenue And Profit (Loss) From Segments To Consolidated        
Operating revenues 1,091.0 970.6 1,751.9 3,033.2
Operating Segments | Principal Global Investors        
Operating Revenue And Profit (Loss) From Segments To Consolidated        
Operating revenues 453.7 352.9 868.9 743.7
Pre-tax operating earnings (losses) 184.4 108.4 325.5 220.1
Operating Segments | Principal International        
Operating Revenue And Profit (Loss) From Segments To Consolidated        
Operating revenues 306.2 276.4 614.2 576.9
Pre-tax operating earnings (losses) 47.7 94.5 122.8 125.3
Operating Segments | U.S. Insurance Solutions        
Operating Revenue And Profit (Loss) From Segments To Consolidated        
Operating revenues 1,181.9 1,088.1 2,356.8 2,211.4
Pre-tax operating earnings (losses) 126.6 155.0 221.8 284.5
Operating Segments | U.S. Insurance Solutions | Specialty Benefits insurance        
Operating Revenue And Profit (Loss) From Segments To Consolidated        
Operating revenues 667.9 627.0 1,323.5 1,266.0
Operating Segments | U.S. Insurance Solutions | Individual Life insurance        
Operating Revenue And Profit (Loss) From Segments To Consolidated        
Operating revenues 514.1 461.2 1,033.4 945.5
Operating Segments | U.S. Insurance Solutions | Eliminations        
Operating Revenue And Profit (Loss) From Segments To Consolidated        
Operating revenues (0.1) (0.1) (0.1) (0.1)
Operating Segments | Corporate        
Operating Revenue And Profit (Loss) From Segments To Consolidated        
Operating revenues 1.1 (16.3) (7.5) (7.0)
Pre-tax operating earnings (losses) (82.7) (84.0) (176.5) (175.1)
Reconciling Items        
Operating Revenue And Profit (Loss) From Segments To Consolidated        
Net realized capital gains (losses), net of related revenue adjustments (71.8) (56.2) 31.2 73.8
Adjustments related to equity method investments (2.6) (10.3) (10.6) (18.6)
Pre-tax net realized capital gains (losses), as adjusted (123.1) 18.4 (8.2) (51.0)
Earnings adjustments related to equity method investments and noncontrolling interest $ (0.5) $ (7.6) $ (7.1) $ 4.0