Schedule V - Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2019

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Schedule V - Valuation and Qualifying Accounts

Voya Financial, Inc.

Schedule V

Valuation and Qualifying Accounts

Years Ended December 31, 2019, 2018 and 2017

(In millions)

	Balance at January 1,		Charged to Costs and Expenses				Write-offs/ Payments/ Other		Balance at December 31,
2019
Valuation allowance on deferred tax assets	$	638	$	(250	)	(1)	$	—	$	388
Allowance for losses on commercial mortgage loans	2		(1		)		—		1
2018
Valuation allowance on deferred tax assets	$	653	$	(15	)		$	—	$	638
Allowance for losses on commercial mortgage loans	3		(1		)		—		2
2017
Valuation allowance on deferred tax assets	$	964	$	(311	)	(1)	$	—	$	653
Allowance for losses on commercial mortgage loans	3		—				—		3

(1) Refer to the Income Taxes Note to the accompanying Consolidated Financial Statements for more information.