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Schedule II - Condensed Financial Information of Parent - Balance Sheets (Details) - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Investments:      
Fixed maturities, available-for-sale, at fair value $ 39,663.0 $ 36,897.0  
Limited partnerships/corporations 1,290.0 982.0  
Derivatives 316.0 194.0  
Investments in subsidiaries 0.0 0.0  
Total investments 53,687.0 50,615.0  
Cash and cash equivalents 1,181.0 1,237.0 $ 854.0
Short-term investments under securities loan agreements, including collateral delivered 1,395.0 1,293.0  
Loans to subsidiaries and affiliates 0.0 0.0  
Due from subsidiaries and affiliates 0.0 0.0  
Deferred income taxes 1,458.0 1,610.0  
Other assets 902.0 1,027.0  
Liabilities and Shareholders' Equity:      
Short-term debt 1.0 1.0  
Long-term debt 3,042.0 3,136.0  
Derivatives 403.0 164.0  
Due to subsidiaries and affiliates 0.0 0.0  
Other liabilities 1,345.0 1,375.0  
Shareholders' equity:      
Preferred stock ($0.01 par value per share; $625 and $325 aggregate liquidation preference as of 2019 and 2018, respectively) 0.0 0.0  
Common stock ($0.01 par value per share; 900,000,000 shares authorized; 140,726,677 and 272,431,745 shares issued as of 2019 and 2018, respectively; 132,325,790 and 150,978,184 shares outstanding as of 2019 and 2018, respectively) 2.0 3.0  
Treasury stock (at cost; 8,400,887 and 121,453,561 shares as of 2019 and 2018, respectively) (460.0) (4,981.0)  
Additional paid-in capital 11,184.0 24,316.0  
Accumulated other comprehensive income (loss) 3,331.0 607.0 2,731.0
Retained earnings (deficit):      
Unappropriated (4,649.0) (11,732.0)  
Total Voya Financial, Inc. shareholders' equity 9,408.0 8,213.0  
Parent Issuer      
Investments:      
Fixed maturities, available-for-sale, at fair value 5.0 0.0  
Limited partnerships/corporations 4.0 0.0  
Derivatives 49.0 39.0  
Investments in subsidiaries 11,003.0 10,099.0  
Total investments 11,061.0 10,237.0  
Cash and cash equivalents 212.0 209.0 $ 244.0
Short-term investments under securities loan agreements, including collateral delivered 11.0 11.0  
Loans to subsidiaries and affiliates 164.0 79.0  
Due from subsidiaries and affiliates 2.0 2.0  
Deferred income taxes 816.0 553.0  
Other assets 7.0 13.0  
Total assets 12,273.0 11,104.0  
Liabilities and Shareholders' Equity:      
Short-term debt 69.0 4.0  
Long-term debt 2,669.0 2,763.0  
Derivatives 50.0 39.0  
Due to subsidiaries and affiliates 4.0 1.0  
Current income taxes 28.0 37.0  
Other liabilities 45.0 47.0  
Total liabilities 2,865.0 2,891.0  
Shareholders' equity:      
Preferred stock ($0.01 par value per share; $625 and $325 aggregate liquidation preference as of 2019 and 2018, respectively) 0.0 0.0  
Common stock ($0.01 par value per share; 900,000,000 shares authorized; 140,726,677 and 272,431,745 shares issued as of 2019 and 2018, respectively; 132,325,790 and 150,978,184 shares outstanding as of 2019 and 2018, respectively) 2.0 3.0  
Treasury stock (at cost; 8,400,887 and 121,453,561 shares as of 2019 and 2018, respectively) (460.0) 4,981.0  
Additional paid-in capital 11,184.0 24,316.0  
Accumulated other comprehensive income (loss) 3,331.0 607.0  
Retained earnings (deficit):      
Unappropriated (4,649.0) (11,732.0)  
Total Voya Financial, Inc. shareholders' equity 9,408.0 8,213.0  
Total liabilities and shareholders' equity $ 12,273.0 $ 11,104.0