Financing Agreements (Tables)

12 Months Ended

Dec. 31, 2019

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, 2019 and 2018:

	Issuer	Maturity	2019		2018
5.5% Senior Notes, due 2022(2)(3)	Voya Financial, Inc.	07/15/2022	$	—	$	96
3.125% Senior Notes, due 2024(2)(3)	Voya Financial, Inc.	07/15/2024	397		396
3.65% Senior Notes, due 2026(2)(3)	Voya Financial, Inc.	06/15/2026	496		496
5.7% Senior Notes, due 2043(2)(3)	Voya Financial, Inc.	07/15/2043	395		395
4.8% Senior Notes, due 2046(2)(3)	Voya Financial, Inc.	06/15/2046	297		297
4.7% Fixed-to-Floating Rate Junior Subordinated Notes, due 2048(4)	Voya Financial, Inc.	01/23/2048	345		344
5.65% Fixed-to-Floating Rate Junior Subordinated Notes, due 2053(4)	Voya Financial, Inc.	05/15/2053	739		739
7.25% Voya Holdings Inc. debentures, due 2023(1)	Voya Holdings Inc.	08/15/2023	139		138
7.63% Voya Holdings Inc. debentures, due 2026(1)	Voya Holdings Inc.	08/15/2026	138		138
6.97% Voya Holdings Inc. debentures, due 2036(1)	Voya Holdings Inc.	08/15/2036	79		79
8.42% Equitable of Iowa Companies Capital Trust II Notes, due 2027	Equitable of Iowa Capital Trust II	04/01/2027	14		14
1.00% Windsor Property Loan	Voya Retirement Insurance and Annuity Company	06/14/2027	4		5
Subtotal			3,043		3,137
Less: Current portion of long-term debt			1		1
Total			$	3,042	$	3,136

⁽¹⁾ Guaranteed by ING Group.

Credit Facilities

The following table outlines the Company's credit facilities as of December 31, 2019:

	Secured/ Unsecured	Committed/ Uncommitted	Expiration	Capacity		Utilization		Unused Commitment
Obligor / Applicant
Voya Financial, Inc.	Unsecured	Committed	11/01/2024	$	500	$	—	$	500
Voya Financial, Inc. / Security Life of Denver International Limited	Unsecured	Committed	03/20/2022	250		242		8
Security Life of Denver International Limited	Unsecured	Committed	10/29/2023	61		51		10
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	1,725		1,606		119
Voya Financial, Inc.	Unsecured	Committed	02/11/2022	300		300		—
Voya Financial, Inc.	Secured	Uncommitted	Various	10		1		—
Voya Financial, Inc. / Roaring River LLC	Unsecured	Committed	10/01/2025	425		392		33
Voya Financial, Inc. / Roaring River IV, LLC	Unsecured	Committed	12/31/2028	565		357		208
Voya Financial, Inc. / Security Life of Denver International Limited	Unsecured	Uncommitted	12/31/2020	300		58		—
Voya Financial, Inc.	Unsecured	Committed	12/09/2024	300		250		50
Voya Financial, Inc.	Unsecured	Uncommitted	04/27/2021	125		125		—
Total				$	5,036	$	3,857	$	928