
	For the three months ended				For the six months ended
	June 30,				June 30,
	2023		2022		2023		2022

	(in millions)
Revenue from contracts with customers by segment:
Retirement and Income Solutions	$	139.6	$	141.3		269.8	$	285.7
Principal Asset Management:
Principal Global Investors		380.5		451.6		761.8		881.2
Principal International		116.9		109.2		230.1		219.6
Eliminations		(5.4)		(6.0)		(10.7)		(12.6)
Total Principal Asset Management		492.0		554.8		981.2		1,088.2
Benefits and Protection:
Specialty Benefits		4.1		3.7		8.0		7.7
Life Insurance		18.4		16.2		35.1		31.6
Eliminations		—		(0.1)		—		(0.1)
Total Benefits and Protection		22.5		19.8		43.1		39.2
Corporate		44.9		32.3		90.0		85.3
Total segment revenue from contracts with customers		699.0		748.2		1,384.1		1,498.4
Adjustments for fees and other revenues not within the scope of revenue recognition guidance (1)		298.5		139.2		588.9		588.2
Pre-tax other adjustments (2)		20.1		24.1		39.9		44.1
Total fees and other revenues per consolidated statements of operations	$	1,017.6	$	911.5	$	2,012.9	$	2,130.7

(1)	Fees and other revenues not within the scope of the revenue recognition guidance primarily represent revenue on contracts accounted for under the financial instruments or insurance contracts standards.

(2)	Pre-tax other adjustments relate to revenues from exited business, certain variable annuity fees and market value adjustments to fee revenues.


	For the three months ended				For the six months ended
	June 30,				June 30,
	2023		2022		2023		2022

	(in millions)
Principal International:
Management fee revenue	$	115.0	$	106.8	$	225.9	$	214.5
Other fee revenue		1.9		2.4		4.2		5.1
Total revenues from contracts with customers		116.9		109.2		230.1		219.6
Fees and other revenues not within the scope of revenue recognition guidance		1.5		1.1		2.9		2.3
Total fees and other revenues		118.4		110.3		233.0		221.9
Premiums and other considerations		8.5		30.1		14.9		40.4
Net investment income		175.4		304.4		359.5		509.7
Total operating revenues	$	302.3	$	444.8	$	607.4	$	772.0

Revenues from contracts with customers by region:
Latin America	$	89.2	$	82.1	$	175.1	$	164.2
Asia		27.9		27.3		55.4		55.8
Eliminations		(0.2)		(0.2)		(0.4)		(0.4)
Total revenues from contracts with customers	$	116.9	$	109.2	$	230.1	$	219.6


	For the three months ended				For the six months ended
	June 30,				June 30,
	2023		2022		2023		2022

	(in millions)
Specialty Benefits:
Administrative service fees	$	4.1	$	3.7	$	8.0	$	7.7
Total revenues from contracts with customers		4.1		3.7		8.0		7.7
Fees and other revenues not within the scope of revenue recognition guidance		4.5		4.5		9.1		9.2
Total fees and other revenues		8.6		8.2		17.1		16.9
Premiums and other considerations		741.6		686.8		1,475.2		1,352.4
Net investment income		42.0		56.6		82.1		100.0
Total operating revenues	$	792.2	$	751.6	$	1,574.4	$	1,469.3


	For the three months ended				For the six months ended
	June 30,				June 30,
	2023		2022		2023			2022

	(in millions)
Commission income	$	94.1	$	93.4	$	182.0	$	190.6
Other fee revenue		20.7		18.9		41.2		38.7
Eliminations		(69.9)		(80.0)		(133.2)		(144.0)
Total revenues from contracts with customers		44.9		32.3		90.0		85.3
Fees and other revenues not within the scope of revenue recognition guidance		(71.7)		(77.9)		(147.3)		(167.6)
Total fees and other revenues		(26.8)		(45.6)		(57.3)		(82.3)
Premiums and other considerations		(1.2)		(1.2)		(2.5)		(1.7)
Net investment income		42.6		45.8		102.0		89.3
Total operating revenues	$	14.6	$	(1.0)	$	42.2	$	5.3