XML 183 R166.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidating Financial Information - Balance Sheets (Details) - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Investments:        
Fixed maturities, available-for-sale, at fair value (amortized cost of $44,366 as of 2017 and $44,743 as of 2016) $ 48,329.0 $ 47,394.0    
Fixed maturities, at fair value using the fair value option 3,018.0 3,065.0    
Equity securities, available-for-sale, at fair value 380.0 258.0    
Short-term investments 471.0 391.0    
Mortgage loans on real estate, net of valuation allowance 8,686.0 8,003.0    
Policy loans 1,888.0 1,943.0    
Limited partnerships/corporations 784.0 536.0    
Derivatives 397.0 737.0    
Investments in subsidiaries 0.0 0.0    
Other investments 47.0 47.0    
Securities pledged 2,087.0 1,409.0    
Total investments 66,087.0 63,783.0    
Cash and cash equivalents 1,218.0 2,096.0 $ 1,817.0  
Short-term investments under securities loan agreements, including collateral delivered 1,626.0 586.0    
Accrued investment income 667.0 666.0    
Premium receivable and reinsurance recoverable 7,632.0 7,287.0    
Deferred policy acquisition costs, Value of business acquired 3,374.0 3,997.0 4,421.0 $ 3,678.0
Current income taxes 4.0 164.0    
Deferred income taxes 781.0 1,570.0    
Loans to subsidiaries and affiliates 0.0 0.0    
Due from subsidiaries and affiliates 0.0 0.0    
Other assets 1,310.0 1,486.0    
Assets related to consolidated investment entities:        
Assets held in consolidated investment entities 3,176.0 4,056.0    
Assets held in separate accounts 77,605.0 66,185.0    
Assets held for sale 59,052.0 62,709.0    
Total assets 222,532.0 214,585.0    
Liabilities and Shareholders' Equity:        
Future policy benefits 15,647.0 14,575.0    
Contract owner account balances 50,158.0 50,273.0    
Payables under securities loan agreement, including collateral held 1,866.0 969.0    
Short-term debt 337.0 0.0    
Long-term debt 3,123.0 3,550.0    
Derivatives 149.0 297.0    
Pension and other post-employment provisions 550.0 674.0    
Due to subsidiaries and affiliates 0.0 0.0    
Other liabilities 2,076.0 2,023.0    
Liabilities related to consolidated investment entities:        
Collateralized loan obligations notes, at fair value using the fair value option 1,047.0 1,967.0    
Other liabilities 658.0 528.0    
Liabilities related to separate accounts 77,605.0 66,185.0    
Liabilities held for sale 58,277.0 59,576.0    
Total liabilities 211,493.0 200,617.0    
Shareholders' equity:        
Total Voya Financial, Inc. shareholders' equity 10,009.0 12,995.0    
Noncontrolling interest 1,030.0 973.0    
Total shareholder's equity 11,039.0 13,968.0   $ 18,562.0
Total liabilities and shareholder's equity 222,532.0 214,585.0    
Limited partnerships/corporations, at fair value        
Assets related to consolidated investment entities:        
Assets held in consolidated investment entities 1,795.0 1,936.0    
Cash and cash equivalents        
Assets related to consolidated investment entities:        
Assets held in consolidated investment entities 217.0 133.0    
Corporate loans, at fair value using the fair value option        
Assets related to consolidated investment entities:        
Assets held in consolidated investment entities 1,089.0 1,953.0    
Other assets        
Assets related to consolidated investment entities:        
Assets held in consolidated investment entities 75.0 34.0    
Consolidating Adjustments        
Investments:        
Fixed maturities, available-for-sale, at fair value (amortized cost of $44,366 as of 2017 and $44,743 as of 2016) (15.0) (15.0)    
Fixed maturities, at fair value using the fair value option 0.0 0.0    
Equity securities, available-for-sale, at fair value 0.0 0.0    
Short-term investments 0.0 0.0    
Mortgage loans on real estate, net of valuation allowance 0.0 0.0    
Policy loans 0.0 0.0    
Limited partnerships/corporations 0.0 0.0    
Derivatives (97.0) (112.0)    
Investments in subsidiaries (19,911.0) (25,541.0)    
Other investments 0.0 0.0    
Securities pledged 0.0 0.0    
Total investments (20,023.0) (25,668.0)    
Cash and cash equivalents 0.0 0.0 0.0  
Short-term investments under securities loan agreements, including collateral delivered 0.0 0.0    
Accrued investment income 0.0 0.0    
Premium receivable and reinsurance recoverable 0.0 0.0    
Deferred policy acquisition costs, Value of business acquired 0.0 0.0    
Current income taxes 0.0 0.0    
Deferred income taxes 0.0 0.0    
Loans to subsidiaries and affiliates (609.0) (289.0)    
Due from subsidiaries and affiliates (5.0) (5.0)    
Other assets 0.0 0.0    
Assets related to consolidated investment entities:        
Assets held in separate accounts 0.0 0.0    
Assets held for sale 0.0 0.0    
Total assets (20,637.0) (25,962.0)    
Liabilities and Shareholders' Equity:        
Future policy benefits 0.0 0.0    
Contract owner account balances 0.0 0.0    
Payables under securities loan agreement, including collateral held 0.0 0.0    
Short-term debt (609.0) (289.0)    
Long-term debt (15.0) (15.0)    
Derivatives (97.0) (112.0)    
Pension and other post-employment provisions 0.0 0.0    
Due to subsidiaries and affiliates (3.0) (3.0)    
Other liabilities (2.0) (2.0)    
Liabilities related to consolidated investment entities:        
Collateralized loan obligations notes, at fair value using the fair value option 0.0 0.0    
Other liabilities 0.0 0.0    
Liabilities related to separate accounts 0.0 0.0    
Liabilities held for sale 0.0 0.0    
Total liabilities (726.0) (421.0)    
Shareholders' equity:        
Total Voya Financial, Inc. shareholders' equity (19,911.0) (25,541.0)    
Noncontrolling interest 0.0 0.0    
Total shareholder's equity (19,911.0) (25,541.0)    
Total liabilities and shareholder's equity (20,637.0) (25,962.0)    
Consolidating Adjustments | Limited partnerships/corporations, at fair value        
Assets related to consolidated investment entities:        
Assets held in consolidated investment entities 0.0 0.0    
Consolidating Adjustments | Cash and cash equivalents        
Assets related to consolidated investment entities:        
Assets held in consolidated investment entities 0.0 0.0    
Consolidating Adjustments | Corporate loans, at fair value using the fair value option        
Assets related to consolidated investment entities:        
Assets held in consolidated investment entities 0.0 0.0    
Consolidating Adjustments | Other assets        
Assets related to consolidated investment entities:        
Assets held in consolidated investment entities 0.0 0.0    
Parent Issuer        
Investments:        
Fixed maturities, available-for-sale, at fair value (amortized cost of $44,366 as of 2017 and $44,743 as of 2016) 0.0 0.0    
Fixed maturities, at fair value using the fair value option 0.0 0.0    
Equity securities, available-for-sale, at fair value 115.0 93.0    
Short-term investments 212.0 212.0    
Mortgage loans on real estate, net of valuation allowance 0.0 0.0    
Policy loans 0.0 0.0    
Limited partnerships/corporations 0.0 0.0    
Derivatives 49.0 56.0    
Investments in subsidiaries 12,293.0 14,743.0    
Other investments 0.0 0.0    
Securities pledged 0.0 0.0    
Total investments 12,669.0 15,104.0    
Cash and cash equivalents 244.0 257.0 378.0  
Short-term investments under securities loan agreements, including collateral delivered 11.0 11.0    
Accrued investment income 0.0 0.0    
Premium receivable and reinsurance recoverable 0.0 0.0    
Deferred policy acquisition costs, Value of business acquired 0.0 0.0    
Current income taxes 0.0 31.0    
Deferred income taxes 406.0 527.0    
Loans to subsidiaries and affiliates 191.0 278.0    
Due from subsidiaries and affiliates 2.0 3.0    
Other assets 16.0 21.0    
Assets related to consolidated investment entities:        
Assets held in separate accounts 0.0 0.0    
Assets held for sale 0.0 0.0    
Total assets 13,539.0 16,232.0    
Liabilities and Shareholders' Equity:        
Future policy benefits 0.0 0.0    
Contract owner account balances 0.0 0.0    
Payables under securities loan agreement, including collateral held 0.0 0.0    
Short-term debt 755.0 11.0    
Long-term debt 2,681.0 3,108.0    
Derivatives 49.0 56.0    
Pension and other post-employment provisions 0.0 0.0    
Due to subsidiaries and affiliates 1.0 0.0    
Other liabilities 44.0 62.0    
Liabilities related to consolidated investment entities:        
Collateralized loan obligations notes, at fair value using the fair value option 0.0 0.0    
Other liabilities 0.0 0.0    
Liabilities related to separate accounts 0.0 0.0    
Liabilities held for sale 0.0 0.0    
Total liabilities 3,530.0 3,237.0    
Shareholders' equity:        
Total Voya Financial, Inc. shareholders' equity 10,009.0 12,995.0    
Noncontrolling interest 0.0 0.0    
Total shareholder's equity 10,009.0 12,995.0    
Total liabilities and shareholder's equity 13,539.0 16,232.0    
Parent Issuer | Limited partnerships/corporations, at fair value        
Assets related to consolidated investment entities:        
Assets held in consolidated investment entities 0.0 0.0    
Parent Issuer | Cash and cash equivalents        
Assets related to consolidated investment entities:        
Assets held in consolidated investment entities 0.0 0.0    
Parent Issuer | Corporate loans, at fair value using the fair value option        
Assets related to consolidated investment entities:        
Assets held in consolidated investment entities 0.0 0.0    
Parent Issuer | Other assets        
Assets related to consolidated investment entities:        
Assets held in consolidated investment entities 0.0 0.0    
Subsidiary Guarantor        
Investments:        
Fixed maturities, available-for-sale, at fair value (amortized cost of $44,366 as of 2017 and $44,743 as of 2016) 0.0 0.0    
Fixed maturities, at fair value using the fair value option 0.0 0.0    
Equity securities, available-for-sale, at fair value 0.0 0.0    
Short-term investments 0.0 0.0    
Mortgage loans on real estate, net of valuation allowance 0.0 0.0    
Policy loans 0.0 0.0    
Limited partnerships/corporations 0.0 0.0    
Derivatives 0.0 0.0    
Investments in subsidiaries 7,618.0 10,798.0    
Other investments 1.0 1.0    
Securities pledged 0.0 0.0    
Total investments 7,619.0 10,799.0    
Cash and cash equivalents 1.0 2.0 18.0  
Short-term investments under securities loan agreements, including collateral delivered 0.0 0.0    
Accrued investment income 0.0 0.0    
Premium receivable and reinsurance recoverable 0.0 0.0    
Deferred policy acquisition costs, Value of business acquired 0.0 0.0    
Current income taxes 6.0 9.0    
Deferred income taxes 22.0 37.0    
Loans to subsidiaries and affiliates 0.0 0.0    
Due from subsidiaries and affiliates 0.0 0.0    
Other assets 0.0 0.0    
Assets related to consolidated investment entities:        
Assets held in separate accounts 0.0 0.0    
Assets held for sale 0.0 0.0    
Total assets 7,648.0 10,847.0    
Liabilities and Shareholders' Equity:        
Future policy benefits 0.0 0.0    
Contract owner account balances 0.0 0.0    
Payables under securities loan agreement, including collateral held 0.0 0.0    
Short-term debt 68.0 211.0    
Long-term debt 438.0 437.0    
Derivatives 0.0 0.0    
Pension and other post-employment provisions 0.0 0.0    
Due to subsidiaries and affiliates 0.0 0.0    
Other liabilities 12.0 13.0    
Liabilities related to consolidated investment entities:        
Collateralized loan obligations notes, at fair value using the fair value option 0.0 0.0    
Other liabilities 0.0 0.0    
Liabilities related to separate accounts 0.0 0.0    
Liabilities held for sale 0.0 0.0    
Total liabilities 518.0 661.0    
Shareholders' equity:        
Total Voya Financial, Inc. shareholders' equity 7,130.0 10,186.0    
Noncontrolling interest 0.0 0.0    
Total shareholder's equity 7,130.0 10,186.0    
Total liabilities and shareholder's equity 7,648.0 10,847.0    
Subsidiary Guarantor | Limited partnerships/corporations, at fair value        
Assets related to consolidated investment entities:        
Assets held in consolidated investment entities 0.0 0.0    
Subsidiary Guarantor | Cash and cash equivalents        
Assets related to consolidated investment entities:        
Assets held in consolidated investment entities 0.0 0.0    
Subsidiary Guarantor | Corporate loans, at fair value using the fair value option        
Assets related to consolidated investment entities:        
Assets held in consolidated investment entities 0.0 0.0    
Subsidiary Guarantor | Other assets        
Assets related to consolidated investment entities:        
Assets held in consolidated investment entities 0.0 0.0    
Non-Guarantor Subsidiaries        
Investments:        
Fixed maturities, available-for-sale, at fair value (amortized cost of $44,366 as of 2017 and $44,743 as of 2016) 48,344.0 47,409.0    
Fixed maturities, at fair value using the fair value option 3,018.0 3,065.0    
Equity securities, available-for-sale, at fair value 265.0 165.0    
Short-term investments 259.0 179.0    
Mortgage loans on real estate, net of valuation allowance 8,686.0 8,003.0    
Policy loans 1,888.0 1,943.0    
Limited partnerships/corporations 784.0 536.0    
Derivatives 445.0 793.0    
Investments in subsidiaries 0.0 0.0    
Other investments 46.0 46.0    
Securities pledged 2,087.0 1,409.0    
Total investments 65,822.0 63,548.0    
Cash and cash equivalents 973.0 1,837.0 $ 1,421.0  
Short-term investments under securities loan agreements, including collateral delivered 1,615.0 575.0    
Accrued investment income 667.0 666.0    
Premium receivable and reinsurance recoverable 7,632.0 7,287.0    
Deferred policy acquisition costs, Value of business acquired 3,374.0 3,997.0    
Current income taxes (2.0) 124.0    
Deferred income taxes 353.0 1,006.0    
Loans to subsidiaries and affiliates 418.0 11.0    
Due from subsidiaries and affiliates 3.0 2.0    
Other assets 1,294.0 1,465.0    
Assets related to consolidated investment entities:        
Assets held in separate accounts 77,605.0 66,185.0    
Assets held for sale 59,052.0 62,709.0    
Total assets 221,982.0 213,468.0    
Liabilities and Shareholders' Equity:        
Future policy benefits 15,647.0 14,575.0    
Contract owner account balances 50,158.0 50,273.0    
Payables under securities loan agreement, including collateral held 1,866.0 969.0    
Short-term debt 123.0 67.0    
Long-term debt 19.0 20.0    
Derivatives 197.0 353.0    
Pension and other post-employment provisions 550.0 674.0    
Due to subsidiaries and affiliates 2.0 3.0    
Other liabilities 2,022.0 1,950.0    
Liabilities related to consolidated investment entities:        
Collateralized loan obligations notes, at fair value using the fair value option 1,047.0 1,967.0    
Other liabilities 658.0 528.0    
Liabilities related to separate accounts 77,605.0 66,185.0    
Liabilities held for sale 58,277.0 59,576.0    
Total liabilities 208,171.0 197,140.0    
Shareholders' equity:        
Total Voya Financial, Inc. shareholders' equity 12,781.0 15,355.0    
Noncontrolling interest 1,030.0 973.0    
Total shareholder's equity 13,811.0 16,328.0    
Total liabilities and shareholder's equity 221,982.0 213,468.0    
Non-Guarantor Subsidiaries | Limited partnerships/corporations, at fair value        
Assets related to consolidated investment entities:        
Assets held in consolidated investment entities 1,795.0 1,936.0    
Non-Guarantor Subsidiaries | Cash and cash equivalents        
Assets related to consolidated investment entities:        
Assets held in consolidated investment entities 217.0 133.0    
Non-Guarantor Subsidiaries | Corporate loans, at fair value using the fair value option        
Assets related to consolidated investment entities:        
Assets held in consolidated investment entities 1,089.0 1,953.0    
Non-Guarantor Subsidiaries | Other assets        
Assets related to consolidated investment entities:        
Assets held in consolidated investment entities $ 75.0 $ 34.0