XML 86 R74.htm IDEA: XBRL DOCUMENT v3.24.2

Deferred Acquisition Costs and Other Actuarial Balances - Unearned Revenue Liability Balances and Changes (Details) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Other Actuarial Balances
Beginning balance, Unearned Revenue Liability	$ 492.7
Ending balance, Unearned Revenue Liability	504.8	$ 492.7
Universal life | Benefits and Protection | Life Insurance
Other Actuarial Balances
Beginning balance, Unearned Revenue Liability	485.5	459.0
Deferrals	28.6	56.3
Revenue recognized	(15.4)	(29.8)
Ending balance, Unearned Revenue Liability	498.7	485.5
Reinsurance impact	(223.2)	(225.1)
Balance at end of period after reinsurance	$ 275.5	$ 260.4

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:	pfg_OtherActuarialBalancesLineItems
Namespace Prefix:	pfg_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Represents collected fees or other policyholder assessments, inclusive of cost of insurance charges, administrative charges and other similar fees, for services to be provided in future periods.

+ References

No definition available.

+ Details

Name:	pfg_UnearnedRevenueLiability
Namespace Prefix:	pfg_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

X

- Definition

Amount, after effect of reinsurance, of collected fees or other policyholder assessments, inclusive of cost of insurance charges, administrative charges and other similar fees, for services to be provided in future periods.

+ References

No definition available.

+ Details

Name:	pfg_UnearnedRevenueLiabilityAfterReinsurance
Namespace Prefix:	pfg_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

X

- Definition

Amount of deferred revenue in current period for services to be provided in future periods.

+ References

No definition available.

+ Details

Name:	pfg_UnearnedRevenueLiabilityDeferrals
Namespace Prefix:	pfg_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Definition

Amount of the unearned revenue liability that is reinsured to another entity.

+ References

No definition available.

+ Details

Name:	pfg_UnearnedRevenueLiabilityReinsuranceImpact
Namespace Prefix:	pfg_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

X

- Definition

Amount of revenue recognized that was previously included in balance of deferred income and obligation to transfer product and service to customer for which consideration has been received or is receivable.

+ References

No definition available.

+ Details

Name:	pfg_UnearnedRevenueLiabilityRevenueRecognized
Namespace Prefix:	pfg_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Details

Name:	srt_ProductOrServiceAxis=us-gaap_UniversalLifeMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_StatementBusinessSegmentsAxis=pfg_SegmentBenefitsAndProtectionMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_SubsegmentsAxis=pfg_SubsegmentLifeInsuranceMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: