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Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues      
Premiums and other considerations $ 6,470.9 $ 5,339.7 $ 4,841.5
Fees and other revenues 4,095.9 4,137.8 5,041.3
Net investment income (loss) 4,091.9 3,838.5 4,429.6
Net realized capital gains (losses) [1] (72.2) (182.1) 115.4
Net realized capital gains on funds withheld assets 165.0 749.4  
Change in fair value of funds withheld embedded derivative (1,085.7) 3,652.8 0.0
Total revenues 13,665.8 17,536.1 14,427.8 CloseClose
Expenses      
Benefits, claims and settlement expenses 7,788.2 6,631.3 7,258.2
Liability for future policy benefits remeasurement (gain) loss (51.6) (264.5) (4.4)
Market risk benefit remeasurement (gain) loss 29.1 125.3 98.3
Dividends to policyholders 89.2 94.8 94.8
Operating expenses 5,072.1 4,962.2 5,070.0 Close
Total expenses 12,927.0 11,549.1 12,516.9 Close
Income (loss) before income taxes 738.8 5,987.0 1,910.9 CloseClose
Income taxes (benefits) 68.7 1,189.5 283.9 CloseClose
Net income (loss) 670.1 4,797.5 1,627.0 CloseClose
Net income (loss) attributable to noncontrolling interest 46.9 40.6 46.8
Net income (loss) attributable to Principal Financial Group, Inc. $ 623.2 $ 4,756.9 $ 1,580.2
Earnings per common share      
Basic earnings per common share (in dollars per share) $ 2.58 $ 18.94 $ 5.87
Diluted earnings per common share (in dollars per share) $ 2.55 $ 18.63 $ 5.79
[1] Includes realized and unrealized gains (losses). See Note 4, Investments, for further details.