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Condensed Consolidated Statements of Financial Position - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Assets    
Fixed maturities, available-for-sale $ 67,205.6 $ 78,154.5
Fixed maturities, trading 391.3 422.2
Equity securities (2022 and 2021 include $711.6 million and $783.7 million related to consolidated variable interest entities) 1,699.8 2,347.2
Mortgage loans (2022 and 2021 include $1,525.6 million and $1,260.1 million related to consolidated variable interest entities) 20,277.2 19,668.7
Real estate (2022 and 2021 include $541.0 million and $672.0 million related to consolidated variable interest entities) 2,073.6 2,075.4
Policy loans 766.6 759.6
Other investments (2022 and 2021 include $410.9 million and $522.8 million related to consolidated variable interest entities) 5,427.6 5,478.3
Total investments 97,841.7 108,905.9
Cash and cash equivalents (2022 and 2021 include $20.1 million and $49.6 million related to consolidated variable interest entities) 3,173.1 2,332.0
Accrued investment income 712.4 695.8
Reinsurance recoverable and deposit receivable 23,601.1 1,186.5
Premiums due and other receivables 4,683.9 655.9
Deferred acquisition costs 4,340.3 3,757.5
Property and equipment 993.3 1,038.0
Goodwill 1,588.5 1,627.6
Other intangibles 1,546.0 1,600.6
Separate account assets (2022 and 2021 include $30,530.6 million and $33,957.7 million related to consolidated variable interest entities) 153,819.3 182,345.4
Other assets 920.6 512.0
Total assets 293,220.2 304,657.2
Liabilities    
Contractholder funds (2022 and 2021 include $335.5 million and $344.0 million related to consolidated variable interest entities) 43,923.4 43,598.0
Future policy benefits and claims 43,311.7 43,948.1
Other policyholder funds 895.5 1,071.0
Short-term debt 66.9 79.8
Long-term debt 4,280.7 4,280.2
Income taxes currently payable 22.3 15.5
Deferred income taxes 1,421.8 2,320.2
Separate account liabilities (2022 and 2021 include $30,530.6 million and $33,957.7 million related to consolidated variable interest entities) 153,819.3 182,345.4
Funds withheld payable 22,530.8  
Other liabilities (2022 and 2021 include $88.8 million and $58.7 million related to consolidated variable interest entities) 11,600.7 10,540.7
Total liabilities 281,873.1 288,198.9
Redeemable noncontrolling interest (2022 and 2021 include $240.8 million and $304.0 million related to consolidated variable interest entities) 268.5 332.5
Stockholders' equity    
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 4.9 4.8
Additional paid-in capital 10,553.5 10,495.0
Retained earnings 15,985.6 12,884.5
Accumulated other comprehensive income (loss) (5,630.1) 1,610.9
Treasury stock, at cost (237.3 million and 223.2 million shares as of 2022 and 2021) (9,877.1) (8,925.8)
Total stockholders' equity attributable to Principal Financial Group, Inc. 11,036.8 16,069.4
Noncontrolling interest 41.8 56.4
Total stockholders' equity 11,078.6 16,125.8
Total liabilities and stockholders' equity $ 293,220.2 $ 304,657.2