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Condensed Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
$ in Millions
Total
Total Voya Financial, Inc. Shareholders' Equity
Preferred Stock
Common Stock
Treasury Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings (Deficit), Unappropriated
Noncontrolling Interest
Beginning balance at Dec. 31, 2018 $ 8,941 $ 8,213 $ 0 $ 3 $ (4,981) $ 24,316 $ 607 $ (11,732) $ 728
Beginning balance (Accounting Standards Update 2018-02) at Dec. 31, 2018 0 0 0 0 0 0 343 (343) 0
Comprehensive income (loss):                  
Net income (loss) 325 300           300 25
Other comprehensive income (loss), after tax 1,917 1,917         1,917 0  
Less: Comprehensive income (loss) attributable to noncontrolling interest 25               25
Comprehensive income (loss) 2,242 2,217              
Preferred stock issuance 293         293 0 0  
Common stock issuance 2 2       2 0 0  
Common stock acquired - Share repurchase (686) (686)     (646) (40) 0 0  
Dividends on preferred stock (10) (10)       0 0 (10)  
Dividends on common stock (3) (3)       (3) 0 0  
Share-based compensation 38 38     (36) 74 0    
Contributions from (Distributions to) noncontrolling interest, net (77)         0 0   (77)
Ending Balance at Jun. 30, 2019 10,740 10,064 0 3 (5,663) 24,642 2,867 (11,785) 676
Beginning balance at Dec. 31, 2018 8,941 8,213 0 3 (4,981) 24,316 607 (11,732) 728
Beginning balance (Accounting Standards Update 2018-02) at Dec. 31, 2018 $ 0 0 0 0 0 0 343 (343) 0
Increase (Decrease) in Stockholders' Equity                  
Accounting Standards Update [Extensible List] us-gaap:AccountingStandardsUpdate201613Member                
Ending Balance at Dec. 31, 2019 $ 10,230 9,408 0 2 (460) 11,184 3,331 (4,649) 822
Ending Balance (Accounting Standards Update 2016-13) at Dec. 31, 2019 (33) (33) 0 0 0 0 0 (33) 0
Beginning balance at Mar. 31, 2019 9,806 9,065   3 (5,203) 24,310 1,966 (12,011) 741
Beginning balance (Accounting Standards Update 2018-02) at Mar. 31, 2019 0 0 0 0 0 0 0 0 0
Comprehensive income (loss):                  
Net income (loss) 252 226 0 0 0 0 0 226 26
Other comprehensive income (loss), after tax 901 901 0 0 0 0 901 0 0
Less: Comprehensive income (loss) attributable to noncontrolling interest 26               26
Comprehensive income (loss) 1,153 1,127              
Preferred stock issuance 293 293 0 0 0 293 0 0 0
Common stock issuance 0 0 0 0 0 0 0 0 0
Common stock acquired - Share repurchase (436) (436) 0 0 (446) 10 0 0 0
Dividends on preferred stock 0 0 0 0 0   0 0 0
Dividends on common stock (2) (2) 0 0 0 (2) 0 0 0
Share-based compensation 17 17 0 0 (14) 31 0 0 0
Contributions from (Distributions to) noncontrolling interest, net (91) 0 0 0 0 0 0 0 (91)
Ending Balance at Jun. 30, 2019 10,740 10,064 0 3 (5,663) 24,642 2,867 (11,785) 676
Beginning balance at Dec. 31, 2019 $ 10,230 9,408 0 2 (460) 11,184 3,331 (4,649) 822
Increase (Decrease) in Stockholders' Equity                  
Accounting Standards Update [Extensible List] us-gaap:AccountingStandardsUpdate201613Member                
Comprehensive income (loss):                  
Net income (loss) $ (224) (151) 0 0 0 0 0 (151) (73)
Other comprehensive income (loss), after tax 708 708 0 0 0 0 708 0 0
Less: Comprehensive income (loss) attributable to noncontrolling interest (73)               (73)
Comprehensive income (loss) 484 557              
Net consolidations (deconsolidations) of consolidated investment entities (103) 0 0 0 0 0 0 0 (103)
Preferred stock issuance 0                
Common stock issuance 2 2 0 0 0 2 0 0 0
Common stock acquired - Share repurchase (366) (366) 0 0 (406) 40 0 0 0
Dividends on preferred stock (18) (18) 0 0 0 (18) 0 0 0
Dividends on common stock (39) (39) 0 0 0 (39) 0 0 0
Share-based compensation 37 37 0 0 (21) 58 0 0 0
Contributions from (Distributions to) noncontrolling interest, net 95 0 0 0 0 0 0 0 95
Ending Balance at Jun. 30, 2020 10,289 9,548 0 2 (887) 11,227 4,039 (4,833) 741
Beginning balance at Mar. 31, 2020 8,265 7,427 0 2 (882) 11,232 1,841 (4,766) 838
Beginning balance (Accounting Standards Update 2016-13) at Mar. 31, 2020 0 0 0 0 0 0 0 0 0
Comprehensive income (loss):                  
Net income (loss) (146) (67) 0 0 0 0 0 (67) (79)
Other comprehensive income (loss), after tax 2,198 2,198 0 0 0 0 2,198 0 0
Less: Comprehensive income (loss) attributable to noncontrolling interest (79)               (79)
Comprehensive income (loss) 2,052 2,131              
Net consolidations (deconsolidations) of consolidated investment entities (103) 0 0 0 0 0 0 0 (103)
Common stock issuance 0 0 0 0 0 0 0 0 0
Common stock acquired - Share repurchase 0 0 0 0 0 0 0 0 0
Dividends on preferred stock (4) (4) 0 0 0 (4) 0 0 0
Dividends on common stock (19) (19) 0 0 0 (19) 0 0 0
Share-based compensation 13 13 0 0 (5) 18 0 0 0
Contributions from (Distributions to) noncontrolling interest, net 85 0 0 0 0 0 0 0 85
Ending Balance at Jun. 30, 2020 $ 10,289 $ 9,548 $ 0 $ 2 $ (887) $ 11,227 $ 4,039 $ (4,833) $ 741