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Schedule II - Condensed Financial Information of Registrant (Parent Only) - Statements of Cash Flows (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating activities      
Net income (loss) $ 4,852.2 $ 1,757.4 $ 1,428.5
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Net realized capital (gains) losses [1] 258.4 (2.5) (302.6)
Stock-based compensation 91.3 96.1 87.2
Changes in:      
Net cash flows for trading securities and equity securities with operating intent (339.5) 99.9 144.2
Current and deferred income taxes (benefits) 873.1 160.2 442.5
Other (125.9) (15.4) 113.3
Net cash provided by (used in) operating activities 3,172.9 3,254.4 3,709.3
Investing activities      
Fixed maturities available-for-sale and equity securities with intent to hold: Purchases (19,352.6) (16,625.5) (15,713.4)
Fixed maturities available-for-sale and equity securities with intent to hold: Sales 14,729.7 2,735.3 3,043.9
Fixed maturities available-for-sale and equity securities with intent to hold: Maturities 6,853.7 10,960.0 8,819.5
Net (purchases) sales of property and equipment (116.3) (129.9) (108.8)
Net change in other investments (68.2) (142.6) (37.1)
Net cash provided by (used in) investing activities 1,058.5 (5,693.7) (4,996.5)
Financing activities      
Issuance of common stock 181.7 86.7 42.8
Acquisition of treasury stock (1,661.1) (937.2) (307.0)
Dividends to common stockholders (642.3) (654.1) (614.5)
Principal repayments of long-term debt (302.0) (1.8) (65.8)
Issuance of long-term debt 15.4   608.9
Net cash provided by (used in) financing activities (1,715.4) 1,921.5 1,621.1
Net increase (decrease) in cash and cash equivalents 2,516.0 (517.8) 333.9
Cash and cash equivalents at beginning of period 2,332.0 2,849.8 2,515.9
Cash and cash equivalents at end of period 4,848.0 2,332.0 2,849.8
Principal Financial Group, Inc. Parent Only | Legal Entities      
Operating activities      
Net income (loss) 4,811.6 1,710.6 1,395.8
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Net realized capital (gains) losses 53.6 14.9 (7.0)
Stock-based compensation 1.7 1.6 1.4
Equity in the net (income) loss of subsidiaries (5,003.4) (1,832.2) (1,529.4)
Changes in:      
Net cash flows for trading securities and equity securities with operating intent 99.9 66.1 88.4
Current and deferred income taxes (benefits) (2.5) (4.8) (13.5)
Other (30.2) (34.5) 49.1
Net cash provided by (used in) operating activities (69.3) (78.3) (15.2)
Investing activities      
Fixed maturities available-for-sale and equity securities with intent to hold: Purchases   (462.3) (736.5)
Fixed maturities available-for-sale and equity securities with intent to hold: Sales 935.9    
Fixed maturities available-for-sale and equity securities with intent to hold: Maturities 52.7 190.2 193.7
Net (purchases) sales of property and equipment (0.1) (0.1) (0.1)
Net change in other investments 14.3 46.7 (50.0)
Dividends and returns of capital received from unconsolidated entities 1,660.3 1,826.3 799.1
Net cash provided by (used in) investing activities 2,663.1 1,600.8 206.2
Financing activities      
Issuance of common stock 181.7 86.7 42.8
Acquisition of treasury stock (1,661.0) (937.2) (307.0)
Dividends to common stockholders (642.3) (654.1) (614.5)
Principal repayments of long-term debt (300.0)    
Issuance of long-term debt     595.2
Net cash provided by (used in) financing activities (2,421.6) (1,504.6) (283.5)
Net increase (decrease) in cash and cash equivalents 172.2 17.9 (92.5)
Cash and cash equivalents at beginning of period 320.3 302.4 394.9
Cash and cash equivalents at end of period $ 492.5 $ 320.3 $ 302.4
[1] Includes realized and unrealized gains (losses). See Note 4, Investments, for further details.