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Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues        
Premiums and other considerations $ 1,926.6 $ 1,492.7 $ 3,611.2 $ 2,941.3
Fees and other revenues 1,061.4 1,017.6 2,114.3 2,012.9
Net investment income (loss) 1,086.1 988.1 2,158.3 1,974.8
Net realized capital gains (losses) [1] (15.2) (72.8) (16.1) (138.8)
Net realized capital gains (losses) on funds withheld assets [1] 19.0 37.8 66.5 118.8
Change in fair value of funds withheld embedded derivative 232.9 93.9 429.9 (532.7)
Total revenues 4,310.8 3,557.3 8,364.1 6,376.3
Expenses        
Benefits, claims and settlement expenses 2,077.9 1,834.1 4,147.6 3,608.0
Liability for future policy benefits remeasurement (gain) loss 444.8 0.7 443.1 (4.9)
Market risk benefit remeasurement (gain) loss (0.4) (6.9) (14.9) (9.8)
Dividends to policyholders 23.9 23.1 53.2 46.3
Operating expenses 1,320.7 1,252.7 2,664.1 2,495.6
Total expenses 3,866.9 3,103.7 7,293.1 6,135.2
Income (loss) before income taxes 443.9 453.6 1,071.0 241.1
Income taxes (benefits) 87.1 59.9 182.2 (18.1)
Net income (loss) 356.8 393.7 888.8 259.2
Net income (loss) attributable to noncontrolling interest 3.7 4.9 3.2 10.5
Net income (loss) attributable to Principal Financial Group, Inc. $ 353.1 $ 388.8 $ 885.6 $ 248.7
Earnings per common share        
Basic earnings per common share (in dollars per share) $ 1.51 $ 1.60 $ 3.77 $ 1.02
Diluted earnings per common share (in dollars per share) $ 1.49 $ 1.58 $ 3.72 $ 1.01
[1] Includes realized and unrealized gains (losses). See Note 3, Investments, for further details.