Financing Agreements (Tables)

12 Months Ended

Dec. 31, 2017

Debt Disclosure [Abstract]

Long-term debt securities issued and outstanding

The following table summarizes the carrying value of the Company’s long-term debt securities issued and outstanding as of December 31, 2017 and 2016:

	Maturity	2017		2016
7.25% Voya Holdings Inc. debentures, due 2023(1)	08/15/2023	$	143	$	143
7.63% Voya Holdings Inc. debentures, due 2026(1)	08/15/2026	186		186
8.42% Equitable of Iowa Companies Capital Trust II Notes, due 2027	04/01/2027	14		14
6.97% Voya Holdings Inc. debentures, due 2036(1)	08/15/2036	94		94
1.00% Windsor Property Loan	06/14/2027	5		5
5.5% Senior Notes, due 2022	07/15/2022	361		361
2.9% Senior Notes, due 2018	02/15/2018	337		825
5.65% Fixed-to-Floating Rate Junior Subordinated Notes, due 2053	05/15/2053	738		738
5.7% Senior Notes, due 2043	07/15/2043	395		394
3.65% Senior Notes, due 2026	06/15/2026	495		494
4.8% Senior Notes, due 2046	06/15/2046	296		296
3.125% Senior Notes, due 2024	07/15/2024	396		—
Subtotal		3,460		3,550
Less: Current portion of long-term debt		337		—
Total		$	3,123	$	3,550

⁽¹⁾ Guaranteed by ING Group.

Future principal payments of long-term debt

As of December 31, 2017, aggregate amounts of future principal payments of long-term debt for the next five years and thereafter are as follows:

2018	$	337
2019	1
2020	1
2021	1
2022	364
Thereafter	2,792
Total	$	3,496

Credit facilities

The following table outlines the Company's credit facilities as of December 31, 2017:

	Secured/ Unsecured	Committed/ Uncommitted	Expiration	Capacity		Utilization		Unused Commitment
Obligor / Applicant
Voya Financial, Inc.	Unsecured	Committed	05/06/2021	$	2,250	$	—	$	2,250
Security Life of Denver International Limited	Unsecured	Committed	01/24/2018	175		175		—
Voya Financial, Inc. / Langhorne I, LLC	Unsecured	Committed	01/15/2019	500		—		500
Security Life of Denver International Limited	Unsecured	Committed	10/29/2023	61		61		—
Voya Financial, Inc. / Security Life of Denver International Limited	Unsecured	Committed	12/31/2025	475		475		—
Voya Financial, Inc. / Security Life of Denver International Limited	Unsecured	Committed	07/01/2037	1,525		1,292		233
Voya Financial, Inc.	Secured	Committed	02/11/2021	195		195		—
Voya Financial, Inc.	Unsecured	Uncommitted	Various	1		1		—
Voya Financial, Inc.	Secured	Uncommitted	Various	10		1		—
Voya Financial, Inc. / Roaring River LLC	Unsecured	Committed	10/01/2025	425		328		97
Voya Financial, Inc. / Roaring River IV, LLC	Unsecured	Committed	12/31/2028	565		295		270
Voya Financial, Inc. / Security Life of Denver International Limited	Unsecured	Uncommitted	04/20/2018	300		45		—
Voya Financial, Inc.	Unsecured	Committed	12/09/2021	195		161		34
Voya Financial, Inc.	Unsecured	Uncommitted	01/20/2022	195		168		—
Total				$	6,872	$	3,197	$	3,384
Secured facilities				$	205	$	196	$	—
Unsecured and uncommitted				496		214		—
Unsecured and committed				6,171		2,787		3,384
Total				$	6,872	$	3,197	$	3,384