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Schedule II - Condensed Financial Information of Registrant (Parent Only) - Statements of Operations (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues      
Net investment income (loss) $ 4,449.2 $ 4,091.9 $ 3,838.5
Net realized capital gains (losses) [1] (27.3) (72.2) (182.1)
Total revenues 16,127.7 13,665.8 17,536.1
Expenses      
Other operating costs and expenses 5,363.9 5,072.1 4,962.2
Total expenses 14,238.1 12,927.0 11,549.1
Loss before income taxes 1,889.6 738.8 5,987.0
Income taxes (benefits) 291.7 68.7 1,189.5
Net income (loss) attributable to Principal Financial Group, Inc. 1,571.0 623.2 4,756.9
Principal Financial Group, Inc. Parent Only | Legal Entities      
Revenues      
Net investment income (loss) 7.9 14.7 16.7
Net realized capital gains (losses)     (53.6)
Total revenues 7.9 14.7 (36.9)
Expenses      
Other operating costs and expenses 207.5 224.0 188.8
Total expenses 207.5 224.0 188.8
Loss before income taxes (199.6) (209.3) (225.7)
Income taxes (benefits) (31.8) (44.7) (33.8)
Equity in the net income (loss) of subsidiaries 1,738.8 787.8 4,948.8
Net income (loss) attributable to Principal Financial Group, Inc. $ 1,571.0 $ 623.2 $ 4,756.9
[1] Includes realized and unrealized gains (losses). See Note 4, Investments, for further details.