PRINCIPAL FINANCIAL GROUP, INC PFG Balance Sheet

Principal financial group, inc (PFG)

Balance Sheet / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Dec'08
Assets
Fixed maturities, available-for-sale (2020 and 2019 include $34.8 million and $99.4 million related to consolidated variable interest entities)
68,707	70,106	68,071	65,268	63,123	60,108	60,447	59,311	58,682	59,388	59,137	57,799	56,989	54,846	56,162	55,281	53,045	49,966	49,780	48,949	49,755	49,670	49,627	50,273	50,048	48,757	48,914	49,191	51,084	50,939	51,533	49,793	49,501	49,006	49,069	48,947	48,305	48,636	49,310	48,230	47,765	46,220	45,683	42,298	40,117
Fixed maturities, trading
596	675	673	686	668	636	642	688	658	566	232	241	278	398	567	656	687	686	710	560	574	604	609	647	575	563	572	589	628	626	808	776	868	971	1,278	954	1,006	1,120	1,500	1,245	1,359	1,032	1,029	869	843
Equity securities (2020 and 2019 include $728.5 million and $810.9 million related to consolidated variable interest entities)
1,664	1,879	1,907	1,895	1,864	1,843	1,885	1,869	1,927	1,866	1,670	1,586	1,506	1,413	1,423	1,331	1,262	1,202	869	891	875	840	807	805	724	716	666	636	732	252	237	224	536	404	360	429	389	316	215	222	235	221	178	170	158
Equity securities, available-for-sale
-	-	-	-	-	-	-	-	-	-	118	103	114	98	102	105	103	104	465	176	144	123	124	117	136	110	114	135	147	136	143	139	138	77	120	156	175	169	173	171	181	214	218	212	242
Mortgage loans
16,645	16,486	16,491	16,136	15,597	15,336	14,919	14,367	14,486	14,150	14,020	13,770	13,388	13,230	13,086	12,685	12,378	12,339	12,232	12,070	11,899	11,811	11,744	11,592	11,478	11,533	11,868	12,121	11,577	11,519	11,297	11,158	11,308	10,727	10,860	10,808	10,900	11,125	11,095	11,292	11,559	11,845	12,018	12,433	13,113
Real estate (2020 and 2019 include $395.7 million and $457.6 million related to consolidated variable interest entities)
1,657	1,714	1,736	1,740	1,736	1,729	1,699	1,728	1,701	1,736	1,650	1,441	1,433	1,368	1,489	1,474	1,486	1,451	1,415	1,435	1,391	1,344	1,352	1,314	1,390	1,271	1,278	1,264	1,202	1,180	1,208	1,174	1,111	1,092	1,013	1,002	1,010	1,063	1,086	1,082	1,048	1,034	1,024	974	919
Policy loans
797	798	799	800	798	801	804	804	804	808	812	808	819	823	823	831	819	817	822	824	826	829	837	836	843	859	859	865	866	864	866	867	873	885	883	890	893	903	903	894	895	902	899	902	896
Other investments (2020 and 2019 include $270.4 million and $263.7 million related to consolidated variable interest entities and $22.7 million and $22.8 million measured at fair value under the fair value option)
4,707	4,690	4,733	4,667	4,755	4,310	3,608	3,634	3,692	3,586	3,561	3,297	3,283	3,655	4,103	4,321	4,023	3,251	3,270	3,268	3,395	3,209	2,990	3,027	2,910	2,944	2,994	2,976	3,187	3,291	3,172	3,096	2,952	2,985	3,202	2,767	2,676	2,641	3,008	2,758	2,479	2,465	2,553	2,390	2,816
Total investments
94,775	96,351	94,412	91,195	88,543	84,766	84,007	82,404	81,952	82,102	81,203	79,050	77,812	75,835	77,758	76,687	73,807	69,820	69,565	68,176	68,862	68,433	68,094	68,614	68,107	66,756	67,268	67,781	69,425	68,811	69,268	67,230	67,292	66,151	66,788	65,955	65,356	65,977	67,294	65,897	65,524	63,936	63,607	60,252	59,107
Cash and cash equivalents
3,482	2,515	3,198	3,315	2,259	2,977	2,926	2,342	2,335	2,470	2,795	2,006	1,534	2,719	2,218	2,255	2,142	2,564	2,514	2,264	1,452	1,863	1,270	1,742	1,393	2,371	1,707	1,110	1,661	4,177	2,279	1,646	1,651	2,833	1,434	2,169	1,984	1,877	2,268	1,827	1,629	2,240	3,241	4,328	2,608
Accrued investment income
721	686	691	663	679	636	660	627	636	610	634	605	625	580	613	563	580	545	566	498	531	505	545	497	540	532	571	565	584	584	614	589	622	615	663	622	675	666	710	668	724	691	742	696	750
Premiums due and other receivables
1,691	1,740	1,635	1,549	1,641	1,413	1,514	1,455	1,638	1,469	1,516	1,381	1,447	1,361	1,382	1,504	1,309	1,429	1,401	1,282	1,230	1,213	1,189	1,232	1,199	1,241	1,160	1,219	1,175	1,084	1,192	1,097	1,118	1,196	1,237	1,361	1,309	1,063	1,294	1,232	1,190	1,065	1,135	1,046	988
Deferred acquisition costs
3,679	3,521	3,424	3,519	3,616	3,693	3,671	3,574	3,467	3,540	3,481	3,452	3,430	3,380	3,175	3,173	3,219	3,276	3,145	3,162	3,020	2,993	2,985	3,028	3,045	3,077	3,007	2,925	2,715	2,590	2,558	2,663	2,665	2,428	3,245	3,335	3,549	3,529	3,240	3,426	3,554	3,681	3,591	4,058	4,153
Property and equipment
973	967	961	959	933	767	770	762	775	759	754	750	718	699	674	667	657	633	611	601	607	590	590	574	546	500	479	476	472	464	468	469	476	457	448	448	448	458	461	471	480	489	496	506	518
Goodwill
1,616	1,693	1,690	1,111	1,110	1,100	1,128	1,103	1,096	1,068	1,055	1,033	1,032	1,020	1,034	1,037	1,037	1,009	1,005	970	981	1,007	1,034	1,085	1,075	1,100	1,127	1,138	1,197	543	548	542	490	482	413	345	344	345	343	381	384	386	382	384	375
Other intangibles
1,716	1,786	1,801	1,300	1,310	1,315	1,353	1,355	1,392	1,314	1,314	1,311	1,322	1,325	1,346	1,358	1,370	1,359	1,398	1,268	1,291	1,323	1,361	1,418	1,421	1,459	1,497	1,517	1,590	914	927	934	893	890	872	827	829	834	842	842	851	851	864	878	925
Separate account assets (2020 and 2019 include $30,858.6 million and $39,130.3 million related to consolidated variable interest entities)
136,836	165,468	161,046	162,848	157,942	144,987	161,302	156,989	158,819	159,272	154,085	149,347	146,374	139,832	141,120	134,736	132,325	136,978	134,045	142,993	143,505	140,072	138,296	139,088	132,804	130,018	123,800	118,740	120,906	81,653	80,160	75,950	77,566	71,364	67,145	73,077	71,724	69,555	65,659	60,735	65,245	62,738	61,518	55,998	55,142
Other assets
1,410	1,356	1,375	1,454	1,382	1,378	1,421	1,488	1,522	1,330	1,092	1,215	1,197	1,258	1,043	1,090	1,118	1,043	1,110	1,050	1,013	1,083	1,054	1,041	1,060	1,134	1,068	1,038	1,034	1,006	1,175	926	959	942	1,052	1,134	1,326	1,323	1,341	1,112	1,251	1,677	1,798	2,557	3,613
Total assets
246,903	276,087	270,238	267,918	259,419	243,036	258,758	252,104	253,636	253,941	247,933	240,153	235,496	228,014	230,367	223,074	217,570	218,660	215,365	222,270	222,494	219,087	216,422	218,322	211,193	208,191	201,687	196,512	200,762	161,830	159,193	152,050	153,738	147,361	143,302	149,278	147,549	145,631	143,456	136,596	140,836	137,759	137,379	130,706	128,182
Liabilities
Contractholder funds (2020 and 2019 include $397.5 million and $394.6 million related to consolidated variable interest entities)
42,126	41,367	40,300	39,658	39,649	39,699	39,813	39,128	38,319	38,082	38,208	38,199	38,074	37,953	37,688	37,781	36,660	35,716	35,115	34,041	34,173	34,726	34,680	35,188	35,736	35,958	36,402	36,269	36,701	37,786	37,312	36,727	36,922	37,676	36,875	36,624	36,609	37,301	38,549	38,849	39,367	39,801	40,951	41,449	43,086
Future policy benefits and claims
41,244	40,838	40,059	38,479	36,891	35,664	34,818	33,390	33,266	33,019	32,129	30,500	29,690	29,000	28,562	27,996	26,950	25,856	25,521	24,952	24,377	24,036	23,399	23,636	23,026	22,626	22,324	22,129	22,689	22,436	21,952	20,791	20,604	20,210	19,821	20,141	19,975	20,046	19,753	19,268	19,228	19,248	18,938	18,939	18,494
Other policyholder funds
860	959	946	996	939	888	849	849	855	922	926	944	922	890	943	888	838	805	819	807	853	812	811	833	791	758	753	739	811	716	720	663	639	548	549	558	607	592	583	569	568	559	564	553	536
Short-term debt
105	93	96	76	43	42	36	64	78	39	58	42	59	51	39	25	122	181	221	26	27	28	126	148	148	150	175	175	46	40	28	262	101	105	73	107	106	107	132	126	131	101	107	159	500
Long-term debt (2019 includes $64.2 million related to consolidated variable interest entities)
3,670	3,734	3,763	3,762	3,266	3,259	3,245	3,219	3,196	3,178	3,175	3,126	3,126	3,125	3,278	3,270	3,269	3,265	3,286	3,315	2,514	2,531	2,529	2,529	2,516	2,601	2,593	2,578	2,790	2,671	2,180	1,576	1,570	1,564	1,570	1,582	1,579	1,583	1,582	1,572	1,578	1,584	1,586	2,033	1,290
Income taxes currently payable
14	16	21	19	22	25	29	19	17	16	53	16	15	12	11	10	16	18	16	16	12	11	18	9	6	5	7	7	9	15	6	2	2	3	2	2	3	6	3	2	2	2	2	2	1
Deferred income taxes
1,450	1,796	1,928	1,687	1,318	958	911	887	909	1,092	1,515	1,281	1,048	972	1,229	1,234	1,044	697	878	819	968	1,035	1,150	1,080	889	824	634	578	791	600	951	568	492	208	707	779	542	409	558	197	126	120	116	116	102
Separate account liabilities (2020 and 2019 include $30,858.6 million and $39,130.3 million related to consolidated variable interest entities)
136,836	165,468	161,046	162,848	157,942	144,987	161,302	156,989	158,819	159,272	154,085	149,347	146,374	139,832	141,120	134,736	132,325	136,978	134,045	142,993	143,505	140,072	138,296	139,088	132,804	130,018	123,800	118,740	120,906	81,653	80,160	75,950	77,566	71,364	67,145	73,077	71,724	69,555	65,659	60,735	65,245	62,738	61,518	55,998	55,142
Other liabilities (2020 and 2019 include $69.6 million and $124.4 million related to consolidated variable interest entities)
7,383	6,863	6,834	5,981	6,046	5,661	5,835	5,708	5,790	5,294	5,584	5,360	5,405	5,783	6,440	6,226	5,971	5,678	5,696	5,463	5,506	5,542	4,984	5,066	4,936	5,224	5,387	5,831	6,130	6,146	5,974	6,011	6,086	6,286	6,265	5,737	6,027	6,143	6,600	6,203	5,899	5,585	5,988	5,677	6,457
Total liabilities
233,691	261,137	254,996	253,511	246,120	231,188	246,841	240,258	241,252	240,918	235,737	228,820	224,716	217,623	219,313	212,169	207,199	209,197	205,601	212,436	211,937	208,797	205,997	207,580	200,855	198,167	192,079	187,050	190,877	152,066	149,286	142,555	143,986	137,967	133,012	138,610	137,176	135,746	133,422	127,524	132,148	129,743	129,772	124,930	125,613
Redeemable noncontrolling interest (2020 and 2019 include $187.6 million and $215.4 million related to consolidated variable interest entities)
239	264	369	304	537	391	148	138	127	101	129	95	95	97	189	337	260	85	78	71	65	58	56	282	280	247	234	53	58	60	61	60	-	22	-	-	-	-	-	-	-	-	-	-	-
Stockholders' equity
Common stock, par value $0.01 per share - 2,500.0 million shares authorized, 480.5 million and 479.3 million shares issued, and 273.4 million and 276.6 million shares outstanding in 2020 and 2019
4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	3
Additional paid-in capital
10,216	10,182	10,162	10,130	10,090	10,060	10,026	9,993	9,981	9,925	9,886	9,845	9,780	9,686	9,646	9,615	9,598	9,544	9,524	9,473	9,975	9,945	9,916	9,839	9,813	9,798	9,749	9,819	9,771	9,730	9,712	9,685	9,669	9,634	9,617	9,593	9,580	9,563	9,547	9,525	9,512	9,492	9,480	9,459	8,376
Retained earnings (accumulated deficit)
11,198	11,074	10,927	10,805	10,571	10,290	10,207	9,904	9,598	9,482	8,784	8,112	7,937	7,720	7,528	7,339	7,131	6,875	6,734	6,547	6,420	6,114	5,945	5,816	5,605	5,405	5,249	5,125	4,971	4,862	4,784	4,667	4,548	4,402	5,130	5,066	4,808	4,612	4,591	4,474	4,340	4,160	4,180	3,995	3,722
Accumulated other comprehensive income (loss)
-599	1,037	1,307	647	-418	-1,565	-1,347	-1,137	-469	165	47	-116	-455	-675	91	-19	-356	-882	-524	-326	28	50	380	599	361	183	-17	-0	621	640	880	550	488	258	409	698	525	272	476	-351	-577	-1,042	-1,434	-3,042	-4,911
Treasury stock, at cost (207.1 million and 202.7 million shares in 2020 and 2019)
7,913	7,681	7,598	7,554	7,554	7,400	7,190	7,125	6,928	6,729	6,726	6,677	6,651	6,508	6,476	6,441	6,336	6,231	6,118	6,006	6,006	5,930	5,930	5,857	5,797	5,708	5,707	5,645	5,645	5,554	5,554	5,484	5,345	5,281	5,181	4,961	4,731	4,725	4,725	4,724	4,724	4,722	4,722	4,722	4,718
Total stockholders' equity attributable to Principal Financial Group, Inc.
12,907	14,618	14,804	14,034	12,694	11,390	11,700	11,639	12,186	12,849	11,996	11,168	10,616	10,227	10,794	10,499	10,041	9,311	9,620	9,693	10,422	10,184	10,316	10,401	9,987	9,684	9,278	9,303	9,723	9,683	9,827	9,422	9,364	9,017	9,980	10,402	10,187	9,727	9,895	8,929	8,555	7,893	7,508	5,695	2,472
Noncontrolling interest
65	67	68	67	67	66	67	67	68	72	70	69	68	66	69	68	68	65	65	69	69	48	52	57	70	92	95	105	103	20	18	12	387	353	309	265	185	157	138	142	132	122	98	81	96
Total stockholders' equity
12,972	14,685	14,872	14,102	12,762	11,456	11,768	11,706	12,255	12,921	12,067	11,238	10,684	10,293	10,863	10,567	10,109	9,377	9,685	9,762	10,492	10,232	10,369	10,459	10,057	9,777	9,373	9,408	9,826	9,703	9,845	9,434	9,751	9,371	10,289	10,667	10,372	9,885	10,034	9,071	8,688	8,016	7,606	5,776	2,569
Total liabilities and stockholders' equity
246,903	276,087	270,238	267,918	259,419	243,036	258,758	252,104	253,636	253,941	247,933	240,153	235,496	228,014	230,367	223,074	217,570	218,660	215,365	222,270	222,494	219,087	216,422	218,322	211,193	208,191	201,687	196,512	200,762	161,830	159,193	152,050	153,738	147,361	143,302	149,278	147,549	145,631	143,456	136,596	140,836	137,759	137,379	130,706	128,182