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v3.24.2

Segment Information - Reconciliation of Segment Operating Revenues and Earnings to Consolidated (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023
Operating Revenue And Profit (Loss) From Segments To Consolidated |  |  |  |
Total revenues | $ 4,310.8 | $ 3,557.3 | $ 8,364.1 | $ 6,376.3
Pre-tax income (loss) from exited business | (3.9) | 81.4 | 193.7 | (526.9)
Income (loss) before income taxes | 443.9 | 453.6 | 1,071.0 | 241.1
Retirement and Income Solutions |  |  |  |
Operating Revenue And Profit (Loss) From Segments To Consolidated |  |  |  |
Inter-segment revenues | 117.3 | 97.0 | 226.0 | 191.8
Principal Asset Management |  |  |  |
Operating Revenue And Profit (Loss) From Segments To Consolidated |  |  |  |
Inter-segment revenues | 72.1 | 69.9 | 146.2 | 140.6
Operating Segments |  |  |  |
Operating Revenue And Profit (Loss) From Segments To Consolidated |  |  |  |
Operating revenues | 4,072.7 | 3,500.5 | 7,877.4 | 6,940.1
Pre-tax operating earnings (losses) | 486.1 | 448.0 | 958.3 | 888.8
Operating Segments | Retirement and Income Solutions |  |  |  |
Operating Revenue And Profit (Loss) From Segments To Consolidated |  |  |  |
Operating revenues | 2,194.3 | 1,673.7 | 4,126.7 | 3,289.8
Pre-tax operating earnings (losses) | 267.8 | 232.3 | 530.0 | 482.1
Operating Segments | Principal Asset Management |  |  |  |
Operating Revenue And Profit (Loss) From Segments To Consolidated |  |  |  |
Operating revenues | 684.8 | 686.9 | 1,340.1 | 1,379.4
Pre-tax operating earnings (losses) | 189.4 | 188.2 | 376.5 | 376.0
Operating Segments | Principal Asset Management | Principal International |  |  |  |
Operating Revenue And Profit (Loss) From Segments To Consolidated |  |  |  |
Operating revenues | 279.0 | 302.3 | 535.7 | 607.4
Operating Segments | Principal Asset Management | Principal Global Investors |  |  |  |
Operating Revenue And Profit (Loss) From Segments To Consolidated |  |  |  |
Operating revenues | 410.3 | 390.1 | 815.1 | 782.8
Operating Segments | Principal Asset Management | Eliminations |  |  |  |
Operating Revenue And Profit (Loss) From Segments To Consolidated |  |  |  |
Operating revenues | (4.5) | (5.5) | (10.7) | (10.8)
Operating Segments | Benefits and Protection |  |  |  |
Operating Revenue And Profit (Loss) From Segments To Consolidated |  |  |  |
Operating revenues | 1,187.2 | 1,125.3 | 2,373.1 | 2,228.7
Pre-tax operating earnings (losses) | 132.3 | 124.9 | 244.1 | 224.2
Operating Segments | Benefits and Protection | Specialty Benefits |  |  |  |
Operating Revenue And Profit (Loss) From Segments To Consolidated |  |  |  |
Operating revenues | 858.3 | 792.2 | 1,706.6 | 1,574.4
Operating Segments | Benefits and Protection | Life Insurance |  |  |  |
Operating Revenue And Profit (Loss) From Segments To Consolidated |  |  |  |
Operating revenues | 329.1 | 333.2 | 666.9 | 654.6
Operating Segments | Benefits and Protection | Eliminations |  |  |  |
Operating Revenue And Profit (Loss) From Segments To Consolidated |  |  |  |
Operating revenues | (0.2) | (0.1) | (0.4) | (0.3)
Operating Segments | Corporate |  |  |  |
Operating Revenue And Profit (Loss) From Segments To Consolidated |  |  |  |
Operating revenues | 6.4 | 14.6 | 37.5 | 42.2
Pre-tax operating earnings (losses) | (103.4) | (97.4) | (192.3) | (193.5)
Reconciling items |  |  |  |
Operating Revenue And Profit (Loss) From Segments To Consolidated |  |  |  |
Net realized capital gains (losses), net of related revenue adjustments | 23.2 | (45.4) | 54.2 | (84.6)
Revenues from exited business | 244.8 | 130.9 | 487.1 | (416.7)
Adjustments related to equity method investments | (18.5) | (16.8) | (31.9) | (39.4)
Market risk benefit derivative settlements | (11.4) | (11.9) | (22.7) | (23.1)
Pre-tax net realized capital gains (losses), as adjusted | (21.6) | (61.1) | (53.2) | (85.4)
Pre-tax income (loss) from exited business | (3.9) | 81.4 | 193.7 | (526.9)
Earnings adjustments related to equity method investments and noncontrolling interest | $ (16.7) | $ (14.7) | $ (27.8) | $ (35.4)

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