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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues:    
Net investment income $ 698 $ 658
Fee income 505 482
Premiums 608 575
Net realized capital gains (losses):    
Total impairments (20) (26)
Other net realized capital gains (losses) (213) 14
Total net realized capital gains (losses) (233) (12)
Other revenue 92 114
Income (loss) related to consolidated investment entities:    
Net investment income 15 5
Total revenues 1,685 1,822
Benefits and expenses:    
Policyholder benefits 596 645
Interest credited to contract owner account balances 286 289
Operating expenses 640 682
Net amortization of Deferred policy acquisition costs and Value of business acquired 76 57
Interest expense 40 42
Operating expenses related to consolidated investment entities:    
Interest expense 3 5
Total benefits and expenses 1,641 1,720
Income (loss) from continuing operations before income taxes 44 102
Income tax expense (benefit) (6) 9
Income (loss) from continuing operations 50 93
Income (loss) from discontinued operations, net of tax (128) (20)
Net income (loss) (78) 73
Less: Net income (loss) attributable to noncontrolling interest 6 (1)
Net income (loss) available to Voya Financial, Inc. (84) 74
Less: Preferred stock dividends 14 10
Net income (loss) available to Voya Financial, Inc.'s common shareholders $ (98) $ 64
Net income (loss) per common share:    
Income (loss) from continuing operations available to Voya Financial, Inc.'s common shareholders $ 0.23 $ 0.57
Income (loss) available to Voya Financial, Inc.'s common shareholders (0.75) 0.44
Income (loss) from continuing operations available to Voya Financial, Inc.'s common shareholders 0.22 0.56
Income (loss) available to Voya Financial, Inc.'s common shareholders $ (0.71) $ 0.42