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Selected Consolidated Unaudited Quarterly Financial Data (Tables)
 12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
The unaudited quarterly results of operations for 2017 and 2016 are summarized in the table below:
 
Three Months Ended,
 
March 31,
 
June 30,
 
September 30,
 
December 31,
 
($ in millions, except per share amounts)
2017
 
 
 
 
 
 
 
Total revenues
$
2,057

 
$
2,191

 
$
2,184

 
$
2,186

Total benefits and expenses
1,944

 
2,036

 
2,144

 
1,966

Income (loss) from continuing operations before income taxes
113

 
155

 
40

 
220

Income (loss) from discontinued operations, net of tax
(162
)
 
64

 
134

 
(2,616
)
Net income (loss)
(142
)
 
219

 
214

 
(3,083
)
Less: Net income (loss) attributable to noncontrolling interest
1

 
52

 
65

 
82

Net income (loss) available to Voya Financial, Inc.'s common shareholders
(143
)
 
167

 
149

 
(3,165
)
Earnings Per Share
 
 
 
 
 
 
 
Basic
 
 
 
 
 
 
 
Income (loss) from continuing operations available to Voya Financial, Inc.'s common shareholders
$
0.10

 
$
0.56

 
$
0.08

 
$
(3.06
)
Income (loss) from discontinued operations, net of taxes available to Voya Financial, Inc.'s common shareholders
$
(0.85
)
 
$
0.34

 
$
0.75

 
$
(14.58
)
Income (loss) available to Voya Financial, Inc.'s common shareholders
$
(0.75
)
 
$
0.90

 
$
0.83

 
$
(17.64
)
Diluted (1)
 
 
 
 
 
 
 
Income (loss) from continuing operations available to Voya Financial, Inc.'s common shareholders
$
0.10

 
$
0.55

 
$
0.08

 
$
(3.06
)
Income (loss) from discontinued operations, net of taxes available to Voya Financial, Inc.'s common shareholders
$
(0.84
)
 
$
0.34

 
$
0.73

 
$
(14.58
)
Income (loss) available to Voya Financial, Inc.'s common shareholders
$
(0.74
)
 
$
0.89

 
$
0.81

 
$
(17.64
)
Cash dividends declared per common share
$
0.01

 
$
0.01

 
$
0.01

 
$
0.01

(1) For the three months ended December 31, 2017, weighted average shares used for calculating basic and diluted earnings per share are the same, as the inclusion of the 3.5 shares for stock compensation plans would be antidilutive to the earnings per share calculation due to the net loss from continuing operations in the period.
 
Three Months Ended,
 
March 31,
 
June 30,
 
September 30,
 
December 31,
 
($ in millions, except per share amounts)
2016
 
 
 
 
 
 
 
Total revenues
$
2,266

 
$
2,088

 
$
2,110

 
$
2,324

Total benefits and expenses
2,228

 
2,118

 
2,216

 
2,216

Income (loss) from continuing operations before income taxes
38

 
(30
)
 
(106
)
 
108

Income (loss) from discontinued operations, net of tax
149

 
137

 
(145
)
 
(478
)
Net income (loss)
191

 
137

 
(251
)
 
(375
)
Less: Net income (loss) attributable to noncontrolling interest
—

 
(25
)
 
12

 
42

Net income (loss) available to Voya Financial, Inc.'s common shareholders
191

 
162

 
(263
)
 
(417
)
Earnings Per Share
 
 
 
 
 
 
 
Basic
 
 
 
 
 
 
 
Income (loss) from continuing operations available to Voya Financial, Inc.'s common shareholders
$
0.21

 
$
0.12

 
$
(0.59
)
 
$
0.31

Income (loss) from discontinuing operations, net of taxes available to Voya Financial, Inc.'s common shareholders
$
0.72

 
$
0.68

 
$
(0.73
)
 
$
(2.45
)
Income (loss) available to Voya Financial, Inc.'s common shareholders
$
0.93

 
$
0.80

 
$
(1.32
)
 
$
(2.14
)
Diluted(1)
 
 
 
 
 
 
 
Income (loss) from continuing operations available to Voya Financial, Inc.'s common shareholders
$
0.21

 
$
0.12

 
$
(0.59
)
 
$
0.31

Income (loss) from discontinuing operations, net of taxes available to Voya Financial, Inc.'s common shareholders
$
0.71

 
$
0.67

 
$
(0.73
)
 
$
(2.43
)
Income (loss) available to Voya Financial, Inc.'s common shareholders
$
0.92

 
$
0.79

 
$
(1.32
)
 
$
(2.12
)
Cash dividends declared per common share
$
0.01

 
$
0.01

 
$
0.01

 
$
0.01


(1) For the three months ended September 30, 2016, weighted average shares used for calculating basic and diluted earnings per share are the same, as the inclusion of the 1.9 shares for stock compensation plans would be antidilutive to the earnings per share calculation due to the net loss from continuing operations in the period.