For the quarter ending 2026-03-31, PFG had -$377M decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income (loss) | - | 1,255.5 | - | - |
| Net realized capital (gains) losses | - | 27.7 | - | - |
| Net realized capital (gains) losses on funds withheld assets | - | 43.2 | - | - |
| Change in fair value of funds withheld embedded derivative | - | -381.1 | - | - |
| Depreciation and amortization expense | - | 251.4 | - | - |
| Amortization of deferred acquisition costs and contract costs | - | 480.5 | - | - |
| Additions to deferred acquisition costs and contract costs | - | -512.8 | - | - |
| Amortization of reinsurance (gain) loss | - | -96.9 | - | - |
| Market risk benefit remeasurement (gain) loss | - | -63.1 | - | - |
| Stock-based compensation | - | 109.9 | - | - |
| (income) loss from equity method investments, net of dividends received | - | 127.7 | - | - |
| Accrued investment income | - | 43.3 | - | - |
| Net cash flows for trading securities and equity securities with operating intent | - | 79.3 | - | - |
| Premiums due and other receivables | - | 181 | - | - |
| Contractholder and policyholder liabilities and dividends | - | 2,530 | - | - |
| Current and deferred income taxes (benefits) | - | -96.4 | - | - |
| Real estate acquired through operating activities | - | 4.2 | - | - |
| Funds withheld, net of reinsurance recoverable and deposit receivable | - | -59.4 | - | - |
| Other assets and liabilities | - | -254.1 | - | - |
| Other | - | 11.8 | - | - |
| Net adjustments | - | 3,281.2 | - | - |
| Net cash provided by operating activities | 187.1 | 1,743.7 | 1,003.8 | 811.9 |
| Fixed maturities available-for-sale and equity securities with intent to hold purchases | 4,044.3 | 5,579.8 | 2,698.9 | 3,314.1 |
| Fixed maturities available-for-sale and equity securities with intent to hold sales | 940.5 | 499.3 | 834.5 | 1,761.8 |
| Fixed maturities available-for-sale and equity securities with intent to hold maturities | 2,436.7 | 2,403.8 | 2,237.2 | 1,870.2 |
| Mortgage loans acquired or originated | 738.9 | 1,191.7 | 966.9 | 1,138 |
| Mortgage loans sold or repaid | 604.3 | 900.2 | 914.4 | 757.4 |
| Real estate acquired | 17.5 | 47.2 | 23.6 | 31.9 |
| Real estate sold | 10.5 | 48.6 | 142.9 | 0 |
| Net purchases of property and equipment | 33.8 | 34.4 | 24 | 23.2 |
| Purchase of business or interests in subsidiaries, net of cash acquired | 16.9 | - | - | - |
| Sale of interests in subsidiaries, net of cash divested | 2.5 | 5.6 | - | - |
| Net change in other investments | 102.9 | 94.4 | 247.8 | 131.9 |
| Net cash provided by (used in) investing activities | -959.8 | -3,101.2 | 167.8 | -249.7 |
| Issuance of common stock | 28.2 | 10.1 | 6.3 | 13.3 |
| Acquisition of treasury stock | 235 | 275.4 | 227.7 | 159.3 |
| Payments for financing element derivatives | 10.9 | 10.4 | 10.1 | 10.7 |
| Purchase of subsidiary shares from noncontrolling interest | 0.3 | 3.3 | 2.9 | -0.2 |
| Dividends to common stockholders | 173.5 | 172.4 | 172.9 | 169.7 |
| Principal repayments of long-term debt | - | 0 | 0.1 | 400 |
| Net proceeds from (repayments of) short-term borrowings | -9 | 13.1 | -10.5 | -5.3 |
| Investment contract deposits | 3,169.3 | 3,197.1 | 3,098.7 | 2,507.4 |
| Investment contract withdrawals | 2,633.1 | 2,430 | 2,462.2 | 2,721.7 |
| Net increase (decrease) in banking operation deposits | 260.1 | 322.8 | 87.7 | 166.7 |
| Other | -0.1 | -0.2 | 0.2 | 0.2 |
| Net cash provided by (used in) financing activities | 395.7 | 651.4 | 306.5 | -778.9 |
| Net increase (decrease) in cash and cash equivalents | -377 | -706.1 | 1,478.1 | -216.7 |
| Cash and cash equivalents at beginning of period | 4,431 | 5,137.1 | 3,659 | 3,875.7 |
| Cash and cash equivalents at end of period | 4,054 | 4,431 | 5,137.1 | 3,659 |
PRINCIPAL FINANCIAL GROUP INC (PFG)
PRINCIPAL FINANCIAL GROUP INC (PFG)