XML 193 R176.htm IDEA: XBRL DOCUMENT v3.8.0.1
Schedule II - Condensed Financial Information of Parent - Statements of Cash Flow (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash Flows from Operating Activities:                      
Net income (loss) available to Voya Financial, Inc.'s common shareholders $ (3,165) $ 149 $ 167 $ (143) $ (417) $ (263) $ 162 $ 191 $ (2,992) $ (327) $ 408
Equity in (earnings) losses of subsidiaries                 0 0 0
Deferred income tax expense (benefit)                 862 (151) (107)
Net realized capital losses                 227 363 560
Share-based compensation                 117 99 76
Change in:                      
Other receivables and asset accruals                 298 (18) 68
Other, net                 2 44 (55)
Net cash provided by (used in) operating activities                 1,578 3,591 3,248
Cash Flows from Investing Activities:                      
Proceeds from the sale, maturity, disposal or redemption of equity securities, available-for-sale                 54 104 76
Acquisition of equity securities, available-for-sale                 (47) (47) (137)
Short-term investments, net                 (80) 31 468
Derivatives, net                 213 (24) (141)
Issuance of intercompany loans with maturities more than three months                 0    
Maturity of intercompany loans issued to subsidiaries with maturities more than three months                 0   0
Maturity (issuance) of short-term intercompany loans, net                 0 0 0
Return of capital contributions and dividends from subsidiaries                 0 0 0
Capital contributions to subsidiaries                 0 0 0
Collateral (delivered) received, net                 (148) (22) 39
Net cash provided by investing activities                 (2,428) (3,683) (4,274)
Cash Flows from Financing Activities:                      
Proceeds from issuance of debt with maturities of more than three months                 399 798 0
Repayment of debt with maturities of more than three months                 (490) (708) (31)
Debt issuance costs                 (3) (16) (7)
Net proceeds from short-term loans to subsidiaries                 0 0 0
Proceeds from issuance of common stock, net                 3 1 0
Share-based compensation                 (8) (7) (5)
Common stock acquired - Share repurchase                 (923) (687) (1,487)
Dividends paid                 (8) (8) (9)
Net cash (used in) provided by financing activities                 (345) 490 1,008
Net decrease in cash and cash equivalents                 (1,195) 398 (18)
Cash and cash equivalents, beginning of period       2,911       2,513 2,911 2,513 2,531
Cash and cash equivalents, end of period 1,716       2,911       1,716 2,911 2,513
Supplemental cash flow information:                      
Income taxes paid, net                 (154) 69 78
Interest paid                 174 190 179
Parent Issuer                      
Cash Flows from Operating Activities:                      
Net income (loss) available to Voya Financial, Inc.'s common shareholders                 (2,992) (327) 408
Equity in (earnings) losses of subsidiaries                 2,756 191 (511)
Dividends from subsidiaries                 73 55 241
Deferred income tax expense (benefit)                 131 (122) (4)
Net realized capital losses                 0 (1) 2
Share-based compensation                 0 0 (4)
Change in:                      
Other receivables and asset accruals                 32 (102) (17)
Due from subsidiaries and affiliates                 1 3 6
Due to subsidiaries and affiliates                 1 0 (7)
Other payables and accruals                 (18) (16) (2)
Other, net                 (6) 11 18
Net cash provided by (used in) operating activities                 (22) (308) 130
Cash Flows from Investing Activities:                      
Proceeds from the sale, maturity, disposal or redemption of equity securities, available-for-sale                 25 18 24
Acquisition of equity securities, available-for-sale                 (34) (23) (31)
Short-term investments, net                 0 0 (212)
Derivatives, net                 0 1 (33)
Issuance of intercompany loans with maturities more than three months                 (34) 0 0
Maturity of intercompany loans issued to subsidiaries with maturities more than three months                 34 0 1
Maturity (issuance) of short-term intercompany loans, net                 87 52 (162)
Return of capital contributions and dividends from subsidiaries                 1,020 922 1,467
Capital contributions to subsidiaries                 (467) (215) 0
Collateral (delivered) received, net                 0 0 20
Net cash provided by investing activities                 631 755 1,074
Cash Flows from Financing Activities:                      
Proceeds from issuance of debt with maturities of more than three months                 399 798 0
Repayment of debt with maturities of more than three months                 (490) (660) 0
Debt issuance costs                 (3) (16) (7)
Net proceeds from short-term loans to subsidiaries                 408 11 0
Proceeds from issuance of common stock, net                 3 1 0
Share-based compensation                 (8) (7) (5)
Common stock acquired - Share repurchase                 (923) (687) (1,487)
Dividends paid                 (8) (8) (9)
Net cash (used in) provided by financing activities                 (622) (568) (1,508)
Net decrease in cash and cash equivalents                 (13) (121) (304)
Cash and cash equivalents, beginning of period       $ 257       $ 378 257 378 682
Cash and cash equivalents, end of period $ 244       $ 257       244 257 378
Supplemental cash flow information:                      
Income taxes paid, net                 (154) 64 77
Interest paid                 $ 138 $ 156 $ 144