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Derivative Financial Instruments - Credit Derivatives Sold (Details) - Single name credit default swaps - USD ($) $ in Millions | 9 Months Ended | 12 Months Ended
--- | --- | ---
Sep. 30, 2023 | Dec. 31, 2022
Credit derivatives sold disclosures |  |
Notional amount | $ 220.0 | $ 270.0
Fair value | 3.5 | 2.6
Maximum future payments | $ 220.0 | $ 270.0
Weighted average expected life | 2 years 10 months 24 days | 3 years 1 month 6 days
Corporate debt securities | A |  |
Credit derivatives sold disclosures |  |
Notional amount | $ 40.0 | $ 40.0
Fair value | 0.3 | 0.4
Maximum future payments | $ 40.0 | $ 40.0
Weighted average expected life | 1 year 8 months 12 days | 2 years 6 months
Corporate debt securities | BBB |  |
Credit derivatives sold disclosures |  |
Notional amount | $ 140.0 | $ 190.0
Fair value | 2.9 | 2.2
Maximum future payments | $ 140.0 | $ 190.0
Weighted average expected life | 3 years 3 months 18 days | 3 years 1 month 6 days
Corporate debt securities | BB |  |
Credit derivatives sold disclosures |  |
Notional amount | $ 20.0 | $ 20.0
Fair value |  | (0.2)
Maximum future payments | $ 20.0 | $ 20.0
Weighted average expected life | 3 years 8 months 12 days | 4 years 6 months
Sovereign | A |  |
Credit derivatives sold disclosures |  |
Notional amount | $ 20.0 | $ 20.0
Fair value | 0.3 | 0.2
Maximum future payments | $ 20.0 | $ 20.0
Weighted average expected life | 1 year 8 months 12 days | 2 years 6 months

X
- Definition Discloses the notional amount of the credit derivatives sold (or each group of similar credit derivatives) as of the date of the statement of financial position. + References No definition available. + Details
Name: | pfg_CreditDerivativeSoldNotional
Namespace Prefix: | pfg_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Discloses the fair value of the credit derivatives sold (or each group of similar credit derivatives) as of the date of the statement of financial position. + References No definition available. + Details
Name: | pfg_CreditDerivativesSoldFairValue
Namespace Prefix: | pfg_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Represents the weighted-average expected life in years for credit derivatives sold. + References No definition available. + Details
Name: | pfg_CreditDerivativesSoldWeightedAverageExpectedLife
Namespace Prefix: | pfg_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Maximum potential amount of future undiscounted payments that could be required under the credit derivative, before reduction for potential recoveries under recourse or collateralization provisions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4K -Subparagraph (b)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4K + Details
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Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_CreditDerivativesLineItems
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Data Type: | xbrli:stringItemType
Balance Type: | na
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- Details
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Namespace Prefix: |
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- Details
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Data Type: | na
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- Details
Name: | srt_CreditRatingStandardPoorsAxis=srt_StandardPoorsARatingMember
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- Details
Name: | srt_CreditRatingStandardPoorsAxis=srt_StandardPoorsBBBRatingMember
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- Details
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- Details
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Namespace Prefix: |
Data Type: | na
Balance Type: |
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