XML 53 R42.htm IDEA: XBRL DOCUMENT
v3.23.2

Stockholders' Equity (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2023
Stockholders' Equity |
Common Stock Dividends (Table) | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the three months ended | ​ | For the six months ended
​ | ​ | June 30, | ​ | June 30,
​ |  | 2023 |  | 2022 |  | 2023 |  | 2022
Dividends declared per common share | ​ | $ | 0.64 |  | $ | 0.64 | ​ | $ | 1.28 |  | $ | 1.28
​
Reconciliation of Outstanding Common Shares (Table) | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the three months ended | ​ | For the six months ended
​ | ​ | June 30, | ​ | June 30,
​ |  | 2023 |  | 2022 |  | 2023 |  | 2022
​ | ​ | (in millions)
Beginning balance |  | 243.1 |  | 252.2 |  | 243.5 |  | 261.7
Shares issued |  | 0.3 |  | 0.6 |  | 2.0 |  | 2.3
Treasury stock acquired |  | (1.4) |  | (2.9) |  | (3.5) |  | (14.1)
Ending balance |  | 242.0 |  | 249.9 |  | 242.0 |  | 249.9
​
Other Comprehensive Income (Loss) (Table) | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the three months ended |  | For the six months ended
​ | ​ | June 30, 2023 | ​ | June 30, 2023
​ |  | Pre-Tax |  | Tax |  | After-Tax |  | Pre-Tax |  | Tax |  | After-Tax
​ | ​ | (in millions)
Net unrealized gains (losses) on available-for-sale securities during the period | ​ | $ | (787.7) | ​ | $ | 162.7 | ​ | $ | (625.0) | ​ | $ | 493.1 | ​ | $ | (102.2) | ​ | $ | 390.9
Reclassification adjustment for losses included in net income (1) | ​ |  | 105.2 | ​ | ​ | (22.1) | ​ | ​ | 83.1 | ​ | ​ | 183.7 | ​ | ​ | (38.5) | ​ | ​ | 145.2
Adjustments for assumed changes in amortization patterns | ​ |  | (0.9) | ​ | ​ | 0.2 | ​ | ​ | (0.7) | ​ | ​ | (0.7) | ​ | ​ | 0.2 | ​ | ​ | (0.5)
Adjustments for assumed changes in policyholder liabilities | ​ |  | 0.2 | ​ | ​ | — | ​ | ​ | 0.2 | ​ | ​ | 0.1 | ​ | ​ | — | ​ | ​ | 0.1
Net unrealized gains (losses) on available-for-sale securities | ​ |  | (683.2) | ​ | ​ | 140.8 | ​ | ​ | (542.4) | ​ | ​ | 676.2 | ​ | ​ | (140.5) | ​ | ​ | 535.7
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net unrealized losses on derivative instruments during the period | ​ |  | (6.2) | ​ | ​ | 1.4 | ​ | ​ | (4.8) | ​ | ​ | (2.5) | ​ | ​ | 0.6 | ​ | ​ | (1.9)
Reclassification adjustment for gains included in net income (2) | ​ |  | (1.2) | ​ | ​ | 0.2 | ​ | ​ | (1.0) | ​ | ​ | (4.9) | ​ | ​ | 1.0 | ​ | ​ | (3.9)
Net unrealized losses on derivative instruments | ​ | ​ | (7.4) | ​ | ​ | 1.6 | ​ | ​ | (5.8) | ​ | ​ | (7.4) | ​ | ​ | 1.6 | ​ | ​ | (5.8)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Liability for future policy benefits discount rate remeasurement gain (loss) (3) | ​ | ​ | 655.0 | ​ | ​ | (145.8) | ​ | ​ | 509.2 | ​ | ​ | (27.4) | ​ | ​ | (4.3) | ​ | ​ | (31.7)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Market risk benefit nonperformance risk gain (loss) (4) | ​ | ​ | (7.3) | ​ | ​ | 1.7 | ​ | ​ | (5.6) | ​ | ​ | 0.4 | ​ | ​ | — | ​ | ​ | 0.4
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Foreign currency translation adjustment during the period | ​ | ​ | 18.5 | ​ | ​ | (8.9) | ​ | ​ | 9.6 | ​ | ​ | 150.7 | ​ | ​ | (9.0) | ​ | ​ | 141.7
Reclassification adjustment for losses included in net income (5) | ​ | ​ | 0.3 | ​ | ​ | — | ​ | ​ | 0.3 | ​ | ​ | 0.3 | ​ | ​ | — | ​ | ​ | 0.3
Foreign currency translation adjustment | ​ |  | 18.8 | ​ | ​ | (8.9) | ​ | ​ | 9.9 | ​ |  | 151.0 | ​ |  | (9.0) | ​ |  | 142.0
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Unrecognized postretirement benefit obligation during the period | ​ | ​ | (18.3) | ​ | ​ | 4.7 | ​ | ​ | (13.6) | ​ | ​ | (18.3) | ​ | ​ | 4.7 | ​ | ​ | (13.6)
Amortization of amounts included in net periodic benefit cost (6) | ​ |  | 6.1 | ​ | ​ | (1.6) | ​ | ​ | 4.5 | ​ | ​ | 11.2 | ​ | ​ | (2.9) | ​ | ​ | 8.3
Net unrecognized postretirement benefit obligation | ​ |  | (12.2) | ​ | ​ | 3.1 | ​ | ​ | (9.1) | ​ | ​ | (7.1) | ​ | ​ | 1.8 | ​ | ​ | (5.3)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Other comprehensive income (loss) | ​ | $ | (36.3) | ​ | $ | (7.5) | ​ | $ | (43.8) | ​ | $ | 785.7 | ​ | $ | (150.4) | ​ | $ | 635.3
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the three months ended | ​ | For the six months ended
​ | ​ | June 30, 2022 | ​ | June 30, 2022
​ |  | Pre-Tax |  | Tax |  | After-Tax |  | Pre-Tax |  | Tax |  | After-Tax
​ | ​ | (in millions)
Net unrealized losses on available-for-sale securities during the period | ​ | $ | (4,850.0) | ​ | $ | 1,025.0 | ​ | $ | (3,825.0) | ​ | $ | (10,385.5) | ​ | $ | 2,197.0 | ​ | $ | (8,188.5)
Reclassification adjustment for losses included in net income (1) | ​ |  | 48.1 | ​ |  | (10.6) | ​ |  | 37.5 | ​ |  | 7.5 | ​ |  | (5.4) | ​ |  | 2.1
Adjustments for assumed changes in amortization patterns | ​ |  | (2.6) | ​ |  | 0.6 | ​ |  | (2.0) | ​ |  | (2.7) | ​ |  | 0.6 | ​ |  | (2.1)
Adjustments for assumed changes in policyholder liabilities | ​ |  | (90.3) | ​ |  | 18.9 | ​ |  | (71.4) | ​ |  | 272.8 | ​ |  | (57.4) | ​ |  | 215.4
Net unrealized losses on available-for-sale securities | ​ |  | (4,894.8) | ​ |  | 1,033.9 | ​ |  | (3,860.9) | ​ |  | (10,107.9) | ​ |  | 2,134.8 | ​ |  | (7,973.1)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net unrealized gains (losses) on derivative instruments during the period | ​ |  | 0.6 | ​ |  | (0.1) | ​ |  | 0.5 | ​ |  | (20.4) | ​ |  | 4.3 | ​ |  | (16.1)
Reclassification adjustment for gains included in net income (2) | ​ |  | (10.6) | ​ |  | 2.2 | ​ |  | (8.4) | ​ |  | (17.4) | ​ |  | 3.6 | ​ |  | (13.8)
Adjustments for assumed changes in amortization patterns | ​ | ​ | (0.1) | ​ | ​ | — | ​ | ​ | (0.1) | ​ | ​ | (0.1) | ​ | ​ | — | ​ | ​ | (0.1)
Adjustments for assumed changes in policyholder liabilities | ​ |  | (3.5) | ​ |  | 0.6 | ​ |  | (2.9) | ​ |  | 0.4 | ​ |  | (0.1) | ​ |  | 0.3
Net unrealized losses on derivative instruments | ​ |  | (13.6) | ​ |  | 2.7 | ​ |  | (10.9) | ​ |  | (37.5) | ​ |  | 7.8 | ​ |  | (29.7)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Liability for future policy benefits discount rate remeasurement gain (3) | ​ | ​ | 1,647.5 | ​ | ​ | (338.2) | ​ | ​ | 1,309.3 | ​ | ​ | 4,838.4 | ​ | ​ | (1,010.0) | ​ | ​ | 3,828.4
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Market risk benefit nonperformance risk gain (4) | ​ | ​ | 76.2 | ​ | ​ | (16.0) | ​ | ​ | 60.2 | ​ | ​ | 169.4 | ​ | ​ | (35.5) | ​ | ​ | 133.9
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Foreign currency translation adjustment | ​ | ​ | (265.0) | ​ | ​ | (3.5) | ​ | ​ | (268.5) | ​ | ​ | (108.4) | ​ | ​ | (5.0) | ​ | ​ | (113.4)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Unrecognized postretirement benefit obligation during the period | ​ | ​ | 2.1 | ​ | ​ | (0.5) | ​ | ​ | 1.6 | ​ | ​ | 2.1 | ​ | ​ | (0.5) | ​ | ​ | 1.6
Amortization of amounts included in net periodic benefit cost (6) | ​ |  | 9.4 | ​ |  | (2.7) | ​ |  | 6.7 | ​ |  | 18.4 | ​ |  | (5.0) | ​ |  | 13.4
Net unrecognized postretirement benefit obligation | ​ |  | 11.5 | ​ |  | (3.2) | ​ |  | 8.3 | ​ |  | 20.5 | ​ |  | (5.5) | ​ |  | 15.0
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Other comprehensive loss | ​ | $ | (3,438.2) | ​ | $ | 675.7 | ​ | $ | (2,762.5) | ​ | $ | (5,225.5) | ​ | $ | 1,086.6 | ​ | $ | (4,138.9)
(1) | Pre-tax reclassification adjustments relating to available-for-sale securities are reported in net realized capital gains (losses) on the consolidated statements of operations.
(2) | See Note 4, Derivative Financial Instruments, under the caption “Effect of Fair Value and Cash Flow Hedges on Consolidated Statements of Operations” for further details.
(3) | Includes the discount rate remeasurement gain (loss) associated with the liability for future policy benefits and the associated reinsurance recoverable. See Note 8, Future Policy Benefits and Claims, under the caption “Liability for Future Policy Benefits” for further details.
(4) | See Note 9, Market Risk Benefits, for further details.
(5) | The 2023 pre-tax reclassification adjustment related to the release of the cumulative translation adjustment from the dissolution of a foreign subsidiary.
(6) | Amount is comprised of amortization of prior service cost (benefit) and recognized net actuarial (gain) loss, which is reported in operating expenses on the consolidated statements of operations. See Note 13, Employee and Agent Benefits, under the caption “Components of Net Periodic Benefit Cost” for further details.
Accumulated Other Comprehensive Income (Loss) (Table) | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Net unrealized | ​ | Net unrealized | ​ | LFPB | ​ | ​ | ​ | ​ | Foreign | ​ | Unrecognized | ​ | Accumulated
​ | ​ | losses on | ​ | gains | ​ | discount rate | ​ | MRB | ​ | currency | ​ | postretirement | ​ | other
​ | ​ | available-for-sale | ​ | on derivative | ​ | remeasurement | ​ | nonperformance | ​ | translation | ​ | benefit | ​ | comprehensive
​ |  | securities (1) |  | instruments |  | gain (loss) |  | risk gain (loss) |  | adjustment |  | obligation |  | loss
​ | ​ | (in millions)
Balances as of April 1, 2022 | ​ | $ | (231.8) | ​ | $ | 37.8 | ​ | $ | (1,518.5) | ​ | $ | (16.4) | ​ | $ | (1,395.0) | ​ | $ | (338.0) | ​ | $ | (3,461.9)
Other comprehensive loss, during the period net of adjustments | ​ |  | (3,898.3) | ​ | ​ | (2.5) | ​ | ​ | 1,309.3 | ​ | ​ | 60.2 | ​ | ​ | (265.0) | ​ | ​ | 1.6 | ​ | ​ | (2,794.7)
Amounts reclassified from AOCI | ​ |  | 37.5 | ​ | ​ | (8.4) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 6.7 | ​ | ​ | 35.8
Other comprehensive loss | ​ |  | (3,860.8) | ​ | ​ | (10.9) | ​ | ​ | 1,309.3 | ​ | ​ | 60.2 | ​ | ​ | (265.0) | ​ | ​ | 8.3 | ​ | ​ | (2,758.9)
Adjustment for reinsurance (2) | ​ | ​ | 108.4 | ​ | ​ | 6.2 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 114.6
Balances as of June 30, 2022 | ​ | $ | (3,984.2) | ​ | $ | 33.1 | ​ | $ | (209.2) | ​ | $ | 43.8 | ​ | $ | (1,660.0) | ​ | $ | (329.7) | ​ | $ | (6,106.2)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Balances as of April 1, 2023 | ​ | $ | (4,779.8) | ​ | $ | 39.7 | ​ | $ | 200.0 | ​ | $ | 30.0 | ​ | $ | (1,440.9) | ​ | $ | (250.3) | ​ | $ | (6,201.3)
Other comprehensive loss during the period, net of adjustments | ​ |  | (625.5) | ​ | ​ | (4.8) | ​ |  | 509.2 | ​ |  | (5.6) | ​ | ​ | 9.5 | ​ | ​ | (13.6) | ​ | ​ | (130.8)
Amounts reclassified from AOCI | ​ |  | 83.1 | ​ | ​ | (1.0) | ​ |  | — | ​ |  | — | ​ | ​ | 0.3 | ​ | ​ | 4.5 | ​ | ​ | 86.9
Other comprehensive loss | ​ |  | (542.4) | ​ | ​ | (5.8) | ​ |  | 509.2 | ​ |  | (5.6) | ​ | ​ | 9.8 | ​ | ​ | (9.1) | ​ | ​ | (43.9)
Balances as of June 30, 2023 | ​ | $ | (5,322.2) | ​ | $ | 33.9 | ​ | $ | 709.2 | ​ | $ | 24.4 | ​ | $ | (1,431.1) | ​ | $ | (259.4) | ​ | $ | (6,245.2)
​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Net unrealized | ​ | Net unrealized | ​ | LFPB | ​ | ​ | ​ | ​ | Foreign | ​ | Unrecognized | ​ | Accumulated
​ | ​ | gains (losses) on | ​ | gains | ​ | discount rate | ​ | MRB | ​ | currency | ​ | postretirement | ​ | other
​ | ​ | available-for-sale | ​ | on derivative | ​ | remeasurement | ​ | nonperformance | ​ | translation | ​ | benefit | ​ | comprehensive
​ |  | securities (1) |  | instruments |  | gain (loss) |  | risk gain (loss) |  | adjustment |  | obligation |  | loss
​ | ​ | (in millions)
Balances as of January 1, 2022 | ​ | $ | 3,880.4 | ​ | $ | 56.6 | ​ | $ | (4,037.6) | ​ | $ | (90.1) | ​ | $ | (1,548.7) | ​ | $ | (344.7) | ​ | $ | (2,084.1)
Other comprehensive loss during the period, net of adjustments | ​ |  | (7,975.1) | ​ | ​ | (15.9) | ​ | ​ | 3,828.4 | ​ | ​ | 133.9 | ​ | ​ | (111.3) | ​ | ​ | 1.6 | ​ | ​ | (4,138.4)
Amounts reclassified from AOCI | ​ |  | 2.1 | ​ | ​ | (13.8) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 13.4 | ​ | ​ | 1.7
Other comprehensive loss | ​ |  | (7,973.0) | ​ | ​ | (29.7) | ​ | ​ | 3,828.4 | ​ | ​ | 133.9 | ​ | ​ | (111.3) | ​ | ​ | 15.0 | ​ | ​ | (4,136.7)
Adjustment for reinsurance (2) | ​ | ​ | 108.4 | ​ | ​ | 6.2 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 114.6
Balances as of June 30, 2022 | ​ | $ | (3,984.2) | ​ | $ | 33.1 | ​ | $ | (209.2) | ​ | $ | 43.8 | ​ | $ | (1,660.0) | ​ | $ | (329.7) | ​ | $ | (6,106.2)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Balances as of January 1, 2023 | ​ | $ | (5,857.9) | ​ | $ | 39.7 | ​ | $ | 740.9 | ​ | $ | 24.0 | ​ | $ | (1,571.6) | ​ | $ | (254.1) | ​ | $ | (6,879.0)
Other comprehensive income during the period, net of adjustments | ​ |  | 390.5 | ​ | ​ | (1.9) | ​ | ​ | (31.7) | ​ | ​ | 0.4 | ​ | ​ | 140.2 | ​ | ​ | (13.6) | ​ | ​ | 483.9
Amounts reclassified from AOCI | ​ |  | 145.2 | ​ | ​ | (3.9) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 0.3 | ​ | ​ | 8.3 | ​ | ​ | 149.9
Other comprehensive income | ​ |  | 535.7 | ​ | ​ | (5.8) | ​ | ​ | (31.7) | ​ | ​ | 0.4 | ​ | ​ | 140.5 | ​ | ​ | (5.3) | ​ | ​ | 633.8
Balances as of June 30, 2023 | ​ | $ | (5,322.2) | ​ | $ | 33.9 | ​ | $ | 709.2 | ​ | $ | 24.4 | ​ | $ | (1,431.1) | ​ | $ | (259.4) | ​ | $ | (6,245.2)
(1) | Net unrealized gains (losses) on available-for-sale securities for which an allowance for credit loss has been recorded were $(1.9) million and $(2.1) million as of June 30, 2023 and 2022, respectively.
(2) | Reflects the January 1, 2022, balance associated with our ULSG business that was ceded to Talcott Life & Annuity Re.
Redeemable Noncontrolling Interest (Table) | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the three months ended | ​ | For the six months ended
​ | ​ | June 30, | ​ | June 30,
​ |  | 2023 |  | 2022 |  | 2023 |  | 2022
​ | ​ | (in millions)
Balance at beginning of period | ​ | $ | 272.7 | ​ | $ | 306.8 | ​ | $ | 262.0 | ​ | $ | 332.5
Net income (loss) attributable to redeemable noncontrolling interest | ​ | ​ | 3.6 | ​ | ​ | (23.1) | ​ |  | 8.1 | ​ |  | (33.4)
Redeemable noncontrolling interest of deconsolidated entities (1) | ​ | ​ | (0.6) | ​ | ​ | — | ​ | ​ | (3.0) | ​ | ​ | —
Contributions from redeemable noncontrolling interest | ​ | ​ | 4.3 | ​ | ​ | 7.0 | ​ | ​ | 23.3 | ​ | ​ | 31.0
Distributions to redeemable noncontrolling interest | ​ | ​ | (14.4) | ​ | ​ | (21.8) | ​ |  | (22.8) | ​ |  | (61.4)
Purchase of subsidiary shares from redeemable noncontrolling interest | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (1.6) | ​ | ​ | —
Change in redemption value of redeemable noncontrolling interest | ​ | ​ | 0.7 | ​ | ​ | 0.3 | ​ | ​ | 0.1 | ​ | ​ | 0.4
Other comprehensive income (loss) attributable to redeemable noncontrolling interest | ​ | ​ | 0.4 | ​ | ​ | (0.7) | ​ | ​ | 0.6 | ​ | ​ | (0.6)
Balance at end of period | ​ | $ | 266.7 | ​ | $ | 268.5 | ​ | $ | 266.7 | ​ | $ | 268.5
(1)We deconsolidated certain sponsored investment funds as they no longer met the requirements for consolidation.

X
- Definition Tabular disclosure of components of other comprehensive income (loss) including: deferred gains or losses on qualifying hedges, unrealized holding gains or losses on available-for-sale securities, minimum pension liability, and cumulative translation adjustment. Discloses the pre-tax, tax, and after-tax amounts of the activity for each of these components. + References No definition available. + Details
Name: | pfg_ScheduleOfOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | pfg_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information related to dividends declared, including paid and unpaid dividends. + References No definition available. + Details
Name: | us-gaap_DividendsDeclaredTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of redeemable noncontrolling interest (as defined) included in the statement of financial position as either a liability or temporary equity. As of the date of the statement of financial position, such redeemable noncontrolling interest is currently redeemable, as defined, for cash or other assets of the entity at (1) at a fixed or determinable price on a fixed or determinable date, (2) at the option of the holder of the noncontrolling interest, or (3) upon occurrence of an event that is not solely within the control of the entity. + References No definition available. + Details
Name: | us-gaap_RedeemableNoncontrollingInterestTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-14A Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481674/830-30-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481694/830-30-45-20 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's stock, including par or stated value per share, number and dollar amount of share subscriptions, shares authorized, shares issued, shares outstanding, number and dollar amount of shares held in an employee trust, dividend per share, total dividends, share conversion features, par value plus additional paid in capital, the value of treasury stock and other information necessary to a fair presentation, and EPS information. Stock by class includes common, convertible, and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. Includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity. If more than one issue is outstanding, state the title of each issue and the corresponding dollar amount; dollar amount of any shares subscribed but unissued and the deduction of subscriptions receivable there from; number of shares authorized, issued, and outstanding. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(27)) -SubTopic 10 -Topic 210 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480008/505-10-S99-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-3 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-4 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-5 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481142/505-10-45-2 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-10 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-8 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 480 -SubTopic 10 -Section S99 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480244/480-10-S99-1 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-6 Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-7 + Details
Name: | us-gaap_ScheduleOfStockByClassTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_StockholdersEquityNoteAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration