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Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues:                      
Net investment income                 $ 2,792.0 $ 2,669.0 $ 2,641.0
Fee income                 1,969.0 1,982.0 1,889.0
Premiums                 2,273.0 2,132.0 2,097.0
Net realized gains (losses):                      
Total other-than-temporary impairments                 (65.0) (27.0) (29.0)
Less: Portion of other-than-temporary impairments recognized in Other comprehensive income (loss)                 (1.0) 1.0 (9.0)
Net other-than-temporary impairments recognized in earnings                 (64.0) (28.0) (20.0)
Other net realized capital gains (losses)                 (102.0) (327.0) (189.0)
Total net realized capital gains (losses)                 (166.0) (355.0) (209.0)
Other revenue                 465.0 443.0 379.0
Net investment income                 143.0 292.0 432.0
Total revenues $ 1,810.0 $ 1,875.0 $ 1,969.0 $ 1,822.0 $ 1,851.0 $ 1,890.0 $ 1,761.0 $ 1,661.0 7,476.0 7,163.0 7,229.0
Benefits and expenses:                      
Policyholder benefits                 2,583.0 2,364.0 2,422.0
Interest credited to contract owner account balances                 1,167.0 1,162.0 1,236.0
Operating expenses                 2,746.0 2,606.0 2,562.0
Net amortization of Deferred policy acquisition costs and Value of business acquired                 199.0 233.0 353.0
Interest expense                 176.0 221.0 184.0
Interest expense                 38.0 41.0 80.0
Other expense                 7.0 8.0 7.0
Total benefits and expenses 1,744.0 1,726.0 1,726.0 1,720.0 1,725.0 1,661.0 1,596.0 1,653.0 6,916.0 6,635.0 6,844.0
Income (loss) from continuing operations before income taxes 66.0 149.0 243.0 102.0 126.0 229.0 165.0 8.0 560.0 528.0 385.0
Income tax expense (benefit)                 (205.0) 37.0 687.0
Income (loss) from continuing operations                 765.0 491.0 (302.0)
Income (loss) from discontinued operations, net of tax (1,084.0) (4.0) 42.0 (20.0) 29.0 (32.0) 92.0 440.0 (1,066.0) 529.0 (2,473.0)
Net income (loss) (766.0) 140.0 252.0 73.0 177.0 168.0 229.0 446.0 (301.0) 1,020.0 (2,775.0)
Less: Net income (loss) attributable to noncontrolling interest 6.0 19.0 26.0 (1.0) 57.0 26.0 62.0 0.0 50.0 145.0 217.0
Net income (loss) available to Voya Financial, Inc. (772.0) 121.0 226.0 74.0 120.0 142.0 167.0 446.0 (351.0) 875.0 (2,992.0)
Less: Preferred stock dividends 4.0 14.0 0.0 10.0 0.0 0.0 0.0 0.0 28.0 0.0 0.0
Net income (loss) available to Voya Financial, Inc.'s common shareholders $ (776.0) $ 107.0 $ 226.0 $ 64.0 $ 120.0 $ 142.0 $ 167.0 $ 446.0 $ (379.0) $ 875.0 $ (2,992.0)
Net income (loss) per common share:                      
Income (loss) from continuing operations available to Voya Financial, Inc.'s common shareholders $ 2.29 $ 0.80 $ 1.27 $ 0.57 $ 0.60 $ 1.09 $ 0.45 $ 0.03 $ 4.88 $ 2.12 $ (2.82)
Income (loss) available to Voya Financial, Inc.'s common shareholders (5.76) 0.77 1.57 0.44 0.78 0.89 1.00 2.59 (2.69) 5.36 (16.25)
Income (loss) from continuing operations available to Voya Financial, Inc.'s common shareholders 2.17 0.77 1.22 0.56 0.58 1.06 0.43 0.03 4.68 2.05 (2.82)
Income (loss) available to Voya Financial, Inc.'s common shareholders $ (5.45) $ 0.74 $ 1.51 $ 0.42 $ 0.76 $ 0.87 $ 0.96 $ 2.50 $ (2.58) $ 5.20 $ (16.25)