PRINCIPAL FINANCIAL GROUP INC
For the period ended Dec 31, 2023. Filed Feb 20, 2024.
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FY2023 · Filed Feb 20, 2024
PFG$115.99+0.5%Stored close · as of Nov 10, 2026
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Consolidated Statements of Comprehensive Income
| | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|
| · · For the year ended December 31, · | ||||||||||
| · 2023 · 2022 · 2021 · | ||||||||||
| · · · · · (As recast) · · (As recast) · | ||||||||||
| · · (in millions) · | ||||||||||
| Net income | | $670.1 | | $4,797.5 | | $1,627.0 | | |||
| Other comprehensive income (loss), net: | | | | | | | | | | |
| Net unrealized gains (losses) on available-for-sale securities | | | 1,843.1 | | | (9,846.8) | | (2,085.3) | | |
| Net unrealized gains (losses) on derivative instruments | | | (41.8) | | | (23.1) | | 33.4 | | |
| Liability for future policy benefits discount rate remeasurement gain (loss) | | | (312.7) | | | 4,778.5 | | | 2,839.7 | |
| Market risk benefit nonperformance risk gain (loss) | | | (30.9) | | | 114.1 | | | (0.4) | |
| Foreign currency translation adjustment | | | 73.7 | | | (22.1) | | (245.9) | | |
| Net unrecognized postretirement benefit obligation | | | 2.4 | | | 90.6 | | 115.8 | | |
| Other comprehensive income (loss) | | | 1,533.8 | | | (4,908.8) | | 657.3 | | |
| Comprehensive income (loss) | | | 2,203.9 | | | (111.3) | | 2,284.3 | | |
| Comprehensive income attributable to noncontrolling interest | | | 47.0 | | | 41.2 | | 43.3 | | |
| Comprehensive income (loss) attributable to Principal Financial Group, Inc. | | $2,156.9 | | $(152.5) | | $2,241.0 | | |||
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