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Consolidated Statements of Operations - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues      
Premiums and other considerations $ 6,850.2 $ 6,470.9 $ 5,339.7
Fees and other revenues 4,320.5 4,095.9 4,137.8
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)
Net realized capital gains (losses) on funds withheld assets [1] 87.7 165.0 749.4
Change in fair value of funds withheld embedded derivative 447.4 (1,085.7) 3,652.8
Total revenues 16,127.7 13,665.8 17,536.1
Expenses      
Benefits, claims and settlement expenses 8,072.6 7,788.2 6,631.3
Liability for future policy benefits remeasurement (gain) loss 671.4 (51.6) (264.5)
Market risk benefit remeasurement (gain) loss 30.3 29.1 125.3
Dividends to policyholders 99.9 89.2 94.8
Operating expenses 5,363.9 5,072.1 4,962.2
Total expenses 14,238.1 12,927.0 11,549.1
Income (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) 1,597.9 670.1 4,797.5
Net income (loss) attributable to noncontrolling interest 26.9 46.9 40.6
Net income (loss) attributable to Principal Financial Group, Inc. $ 1,571.0 $ 623.2 $ 4,756.9
Earnings per common share      
Basic earnings per common share (in dollars per share) $ 6.77 $ 2.58 $ 18.94
Diluted earnings per common share (in dollars per share) $ 6.68 $ 2.55 $ 18.63
[1] Includes realized and unrealized gains (losses). See Note 4, Investments, for further details.