
	For the three months ended				For the six months ended
	June 30,				June 30,
	2024		2023		2024		2023

	(in millions)
Revenue from contracts with customers by segment:
Retirement and Income Solutions	$	164.7	$	139.6	$	324.0	$	269.8
Principal Asset Management:
Principal Global Investors		392.5		380.5		781.5		761.8
Principal International		113.9		116.9		227.4		230.1
Eliminations		(4.4)		(5.4)		(10.3)		(10.7)
Total Principal Asset Management		502.0		492.0		998.6		981.2
Benefits and Protection:
Specialty Benefits		4.0		4.1		7.8		8.0
Life Insurance		24.2		18.4		45.1		35.1
Eliminations		(0.1)		—		(0.1)		—
Total Benefits and Protection		28.1		22.5		52.8		43.1
Corporate		55.8		44.9		113.7		90.0
Total segment revenue from contracts with customers		750.6		699.0		1,489.1		1,384.1
Adjustments for fees and other revenues not within the scope of revenue recognition guidance (1)		291.7		298.5		586.8		588.9
Pre-tax other adjustments (2)		19.1		20.1		38.4		39.9
Total fees and other revenues per consolidated statements of operations	$	1,061.4	$	1,017.6	$	2,114.3	$	2,012.9

(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,
	2024		2023		2024		2023

	(in millions)
Principal International:
Management fee revenue	$	112.5	$	115.0	$	223.5	$	225.9
Other fee revenue		1.4		1.9		3.9		4.2
Total revenues from contracts with customers		113.9		116.9		227.4		230.1
Fees and other revenues not within the scope of revenue recognition guidance		1.5		1.5		2.8		2.9
Total fees and other revenues		115.4		118.4		230.2		233.0
Premiums and other considerations		11.2		8.5		13.2		14.9
Net investment income		152.4		175.4		292.3		359.5
Total operating revenues	$	279.0	$	302.3	$	535.7	$	607.4

Revenues from contracts with customers by region:
Latin America	$	86.3	$	89.2	$	173.0	$	175.1
Asia		27.7		27.9		54.7		55.4
Eliminations		(0.1)		(0.2)		(0.3)		(0.4)
Total revenues from contracts with customers	$	113.9	$	116.9	$	227.4	$	230.1


	For the three months ended				For the six months ended
	June 30,				June 30,
	2024		2023		2024		2023

	(in millions)
Specialty Benefits:
Administrative service fees	$	4.0	$	4.1	$	7.8	$	8.0
Total revenues from contracts with customers		4.0		4.1		7.8		8.0
Fees and other revenues not within the scope of revenue recognition guidance		4.4		4.5		9.0		9.1
Total fees and other revenues		8.4		8.6		16.8		17.1
Premiums and other considerations		805.1		741.6		1,598.0		1,475.2
Net investment income		44.8		42.0		91.8		82.1
Total operating revenues	$	858.3	$	792.2	$	1,706.6	$	1,574.4


	For the three months ended				For the six months ended
	June 30,				June 30,
	2024		2023		2024			2023

	(in millions)
Commission income	$	116.9	$	94.1	$	222.4	$	182.0
Other fee revenue		22.4		20.7		44.1		41.2
Eliminations		(83.5)		(69.9)		(152.8)		(133.2)
Total revenues from contracts with customers		55.8		44.9		113.7		90.0
Fees and other revenues not within the scope of revenue recognition guidance		(77.8)		(71.7)		(157.1)		(147.3)
Total fees and other revenues		(22.0)		(26.8)		(43.4)		(57.3)
Premiums and other considerations		(1.3)		(1.2)		(2.6)		(2.5)
Net investment income		29.7		42.6		83.5		102.0
Total operating revenues	$	6.4	$	14.6	$	37.5	$	42.2