v3.26.3
Investments - Gross Unrealized Losses for Fixed Maturities (Details)
$ in Millions
Sep. 30, 2026
USD ($)
item
Dec. 31, 2025
USD ($)
item
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value $ 27,331.1 $ 6,056.3
Fixed maturities, Less than twelve months, Gross unrealized losses 999.7 125.7
Fixed maturities, Greater than or equal to twelve months, Fair value 28,016.0 33,571.0
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 6,870.2 5,096.3
Fixed maturities, Total, Fair value 55,347.1 39,627.3
Fixed maturities, Total, Gross unrealized losses 7,869.9 5,222.0
U.S. government and agencies    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 1,380.0 484.1
Fixed maturities, Less than twelve months, Gross unrealized losses 77.3 11.0
Fixed maturities, Greater than or equal to twelve months, Fair value 752.2 734.1
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 341.6 257.1
Fixed maturities, Total, Fair value 2,132.2 1,218.2
Fixed maturities, Total, Gross unrealized losses 418.9 268.1
Non-U.S. governments    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 57.3 12.8
Fixed maturities, Less than twelve months, Gross unrealized losses 2.8 0.3
Fixed maturities, Greater than or equal to twelve months, Fair value 180.0 310.9
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 55.7 54.3
Fixed maturities, Total, Fair value 237.3 323.7
Fixed maturities, Total, Gross unrealized losses 58.5 54.6
States and political subdivisions    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 2,237.9 639.4
Fixed maturities, Less than twelve months, Gross unrealized losses 147.6 8.9
Fixed maturities, Greater than or equal to twelve months, Fair value 4,322.0 4,903.5
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 1,357.8 1,003.0
Fixed maturities, Total, Fair value 6,559.9 5,542.9
Fixed maturities, Total, Gross unrealized losses 1,505.4 1,011.9
Corporate debt securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 10,723.9 1,889.9
Fixed maturities, Less than twelve months, Gross unrealized losses 459.1 95.7
Fixed maturities, Greater than or equal to twelve months, Fair value 16,048.5 19,474.6
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 4,109.4 2,970.8
Fixed maturities, Total, Fair value 26,772.4 21,364.5
Fixed maturities, Total, Gross unrealized losses 4,568.5 3,066.5
Residential mortgage-backed pass-through securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 2,426.1 201.2
Fixed maturities, Less than twelve months, Gross unrealized losses 107.4 0.7
Fixed maturities, Greater than or equal to twelve months, Fair value 892.1 1,147.6
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 158.2 117.3
Fixed maturities, Total, Fair value 3,318.2 1,348.8
Fixed maturities, Total, Gross unrealized losses 265.6 118.0
Commercial mortgage-backed securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 2,081.6 342.0
Fixed maturities, Less than twelve months, Gross unrealized losses 62.2 2.5
Fixed maturities, Greater than or equal to twelve months, Fair value 2,971.0 3,465.9
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 340.2 301.6
Fixed maturities, Total, Fair value 5,052.6 3,807.9
Fixed maturities, Total, Gross unrealized losses 402.4 304.1
Collateralized debt obligations    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 2,196.6 1,919.9
Fixed maturities, Less than twelve months, Gross unrealized losses 5.2 4.7
Fixed maturities, Greater than or equal to twelve months, Fair value 46.3 20.2
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 4.9 5.0
Fixed maturities, Total, Fair value 2,242.9 1,940.1
Fixed maturities, Total, Gross unrealized losses 10.1 9.7
Other debt obligations    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 6,227.7 567.0
Fixed maturities, Less than twelve months, Gross unrealized losses 138.1 1.9
Fixed maturities, Greater than or equal to twelve months, Fair value 2,803.9 3,514.2
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 502.4 387.2
Fixed maturities, Total, Fair value 9,031.6 4,081.2
Fixed maturities, Total, Gross unrealized losses 640.5 389.1
Principal Life Insurance Company    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 26,978.0 5,888.1
Fixed maturities, Less than twelve months, Gross unrealized losses 981.6 117.8
Fixed maturities, Greater than or equal to twelve months, Fair value 27,884.4 32,859.9
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 6,828.0 5,032.1
Fixed maturities, Total, Fair value 54,862.4 38,748.0
Fixed maturities, Total, Gross unrealized losses $ 7,809.6 $ 5,149.9
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure    
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Percent Investment Grade (as a percent) 97.00% 97.00%
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Average Price (percent of carrying value to amortized cost) 88.00% 88.00%
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less Than Twelve Months | item 3,132 870
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Less Than Twelve Months (percent of carrying value to amortized cost) 96.00% 98.00%
Available-for-sale Securities in Unrealized Loss Positions, Percent Investment Grade, Less Than Twelve Months (as a percent) 96.00% 93.00%
Available-for-sale Securities in Unrealized Loss Position, Aggregate Losses On Investment Grade Investments, Less Than Twelve Months $ 941.4 $ 96.7
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Twelve Months or Longer | item 5,345 5,758
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) 80.00% 87.00%
Principal Life Insurance Company | States and political subdivisions    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses $ 1,345.0 $ 996.0
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure    
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) 76.00% 83.00%
Principal Life Insurance Company | Corporate debt securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses $ 4,085.6 $ 2,919.0
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure    
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) 80.00% 87.00%
Principal Life Insurance Company | Commercial mortgage-backed securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses $ 339.4 $ 301.0
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure    
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) 90.00% 92.00%
Principal Life Insurance Company | Collateralized mortgage obligation security    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses $ 471.2 $ 356.7
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure    
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) 81.00% 87.00%