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Stockholders' Equity - AOCI and Noncontrolling Interest (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Change in accumulated other comprehensive income (loss) rollforward        
Balances     $ 16,069.4  
Purchase of subsidiary shares from noncontrolling interest   $ (0.4) [1] (6.7) $ (17.0)
Adjustment for reinsurance $ 131.8   131.8  
Balances 11,036.8   11,036.8  
Change in redeemable noncontrolling interest rollforward        
Redeemable noncontrolling interest, balance at beginning of period 306.8 263.5 332.5 255.6
Net income (loss) attributable to redeemable noncontrolling interest (23.1) 8.6 (33.4) 6.8
Contributions from redeemable noncontrolling interest 7.0 70.2 31.0 88.0
Distributions to redeemable noncontrolling interest (21.8) (6.8) (61.4) (23.1)
Purchase of subsidiary shares from redeemable noncontrolling interest   (5.4)   (5.4)
Change in redemption value of redeemable noncontrolling interest 0.3 0.4 0.4 8.6
Other comprehensive income (loss) attributable to redeemable noncontrolling interest (0.7) 0.1 (0.6) 0.1
Redeemable noncontrolling interest, balance at end of period 268.5 330.6 268.5 330.6
Accumulated other comprehensive income (loss)        
Change in accumulated other comprehensive income (loss) rollforward        
Balances (1,920.6) 953.8 1,610.9 2,383.1
Other comprehensive income (loss) during the period, net of adjustments (3,877.1) 823.6 (7,374.5) (590.0)
Amounts reclassified to accumulated other comprehensive income (loss) 35.8 26.4 1.7 10.7
Other comprehensive income (loss) attributable to Principal Financial Group, Inc. (3,841.3) 850.0 (7,372.8) (579.3)
Adjustment for reinsurance 131.8   131.8  
Balances (5,630.1) 1,803.8 (5,630.1) 1,803.8
Net unrealized gains (losses) on available-for-sale securities        
Change in accumulated other comprehensive income (loss) rollforward        
Balances (206.5) 2,764.9 3,467.4 4,138.3
Other comprehensive income (loss) during the period, net of adjustments (3,605.1) 770.4 (7,243.6) (581.3)
Amounts reclassified to accumulated other comprehensive income (loss) 37.5 20.5 2.1 (1.2)
Other comprehensive income (loss) attributable to Principal Financial Group, Inc. (3,567.6) 790.9 (7,241.5) (582.5)
Adjustment for reinsurance 124.4   124.4  
Balances (3,649.7) 3,555.8 (3,649.7) 3,555.8
Net unrealized gains (losses) on available-for-sale debt securities with allowance for credit losses (2.1) (29.3) (2.1) (29.3)
Net unrealized gains (losses) on derivative instruments        
Change in accumulated other comprehensive income (loss) rollforward        
Balances 35.5 16.0 51.8 18.2
Other comprehensive income (loss) during the period, net of adjustments (3.0) 17.6 (13.9) 18.9
Amounts reclassified to accumulated other comprehensive income (loss) (8.4) (3.7) (13.8) (7.2)
Other comprehensive income (loss) attributable to Principal Financial Group, Inc. (11.4) 13.9 (27.7) 11.7
Adjustment for reinsurance 7.4   7.4  
Balances 31.5 29.9 31.5 29.9
Foreign currency translation adjustment        
Change in accumulated other comprehensive income (loss) rollforward        
Balances (1,411.6) (1,368.9) (1,563.6) (1,312.9)
Other comprehensive income (loss) during the period, net of adjustments (270.6) 35.6 (118.6) (20.4)
Amounts reclassified to accumulated other comprehensive income (loss) 0.0   0.0  
Other comprehensive income (loss) attributable to Principal Financial Group, Inc. (270.6) 35.6 (118.6) (20.4)
Balances (1,682.2) (1,333.3) (1,682.2) (1,333.3)
Unrecognized postretirement benefit obligations        
Change in accumulated other comprehensive income (loss) rollforward        
Balances (338.0) (458.2) (344.7) (460.5)
Other comprehensive income (loss) during the period, net of adjustments 1.6   1.6 (7.2)
Amounts reclassified to accumulated other comprehensive income (loss) 6.7 9.6 13.4 19.1
Other comprehensive income (loss) attributable to Principal Financial Group, Inc. 8.3 9.6 15.0 11.9
Balances $ (329.7) $ (448.6) $ (329.7) $ (448.6)
[1] Excludes amounts attributable to redeemable noncontrolling interest. See Note 11, Stockholders’ Equity, for further details.