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Condensed Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
$ in Millions
Total
Adoption of ASU
Total Voya Financial, Inc. Shareholders' Equity
Total Voya Financial, Inc. Shareholders' Equity
Adoption of ASU
Preferred Stock
Preferred Stock
Adoption of ASU
Common Stock
Common Stock
Adoption of ASU
Treasury Stock
Treasury Stock
Adoption of ASU
Additional Paid-In Capital
Additional Paid-In Capital
Adoption of ASU
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
Adoption of ASU
Retained Earnings (Deficit), Unappropriated
Retained Earnings (Deficit), Unappropriated
Adoption of ASU
Noncontrolling Interest
Noncontrolling Interest
Adoption of ASU
Beginning balance at Dec. 31, 2018 $ 8,941 $ 0 $ 8,213 $ 0 $ 0 $ 0 $ 3 $ 0 $ (4,981) $ 0 $ 24,316 $ 0 $ 607 $ 343 $ (11,732) $ (343) $ 728 $ 0
Comprehensive income (loss):                                    
Net income (loss) 465   421                       421   44  
Other comprehensive income (loss), after tax 2,547   2,547                   2,547   0      
Less: Comprehensive income (loss) attributable to noncontrolling interest 44                               44  
Comprehensive income (loss) 3,012   2,968                              
Preferred stock issuance 293                   293   0   0      
Common stock issuance 3   3               3   0   0      
Common stock acquired - Share repurchase (936)   (936)           (936)   0   0   0      
Dividends on preferred stock (24)   (24)               (14)   0   (10)      
Dividends on common stock (23)   (23)               (23)   0   0      
Share-based compensation 58   58           (38)   96   0          
Contributions from (Distributions to) noncontrolling interest, net (111)                   0   0       (111)  
Ending Balance at Sep. 30, 2019 11,213   10,552   0   3   (5,955)   24,671   3,497   (11,664)   661  
Beginning balance at Jun. 30, 2019 10,740 0 10,064 0   0 3 0 (5,663) 0 24,642 0 2,867 0 (11,785) 0 676 0
Comprehensive income (loss):                                    
Net income (loss) 140   121   0   0   0   0   0   121   19  
Other comprehensive income (loss), after tax 630   630   0   0   0   0   630   0   0  
Less: Comprehensive income (loss) attributable to noncontrolling interest 19                               19  
Comprehensive income (loss) 770   751                              
Preferred stock issuance 293   293   0   0   0   0   0   0   0  
Common stock issuance 1   1   0   0   0   (14)   0   0   0  
Common stock acquired - Share repurchase (250)   (250)   0   0   (290)   40   0   0   0  
Dividends on preferred stock (14)   (14)   0   0   0       0   0   0  
Dividends on common stock (20)   (20)   0   0   0   (20)   0   0   0  
Share-based compensation 20   20   0   0   (2)   22   0   0   0  
Contributions from (Distributions to) noncontrolling interest, net (34)   0   0   0   0   0   0   0   (34)  
Ending Balance at Sep. 30, 2019 11,213   10,552   0   3   (5,955)   24,671   3,497   (11,664)   661  
Beginning balance at Dec. 31, 2019 $ 10,230 (33) 9,408 (33) 0 0 2 0 (460) 0 11,184 0 3,331 0 (4,649) (33) 822 0
Increase (Decrease) in Stockholders' Equity                                    
Accounting Standards Update [Extensible List] us-gaap:AccountingStandardsUpdate201613Member                                  
Comprehensive income (loss):                                    
Net income (loss) $ (437)   (470)   0   0   0   0   0   (470)   33  
Other comprehensive income (loss), after tax 1,152   1,152   0   0   0   0   1,152   0   0  
Less: Comprehensive income (loss) attributable to noncontrolling interest 33                               33  
Comprehensive income (loss) 715   682                              
Net consolidations (deconsolidations) of consolidated investment entities (103)   0   0   0   0   0   0   0   (103)  
Preferred stock issuance 0                                  
Common stock issuance 4   4   0   0   0   4   0   0   0  
Common stock acquired - Share repurchase (366)   (366)   0   0   (406)   40   0   0   0  
Dividends on preferred stock (32)   (32)   0   0   0   (32)   0   0   0  
Dividends on common stock (58)   (58)   0   0   0   (58)   0   0   0  
Share-based compensation 52   52   0   0   (23)   75   0   0   0  
Contributions from (Distributions to) noncontrolling interest, net 236   0   0   0   0   0   0   0   236  
Ending Balance at Sep. 30, 2020 10,645   9,657   0   2   (889)   11,213   4,483   (5,152)   988  
Beginning balance at Jun. 30, 2020 10,289 $ 0 9,548 $ 0 0 $ 0 2 $ 0 (887) $ 0 11,227 $ 0 4,039 $ 0 (4,833) $ 0 741 $ 0
Comprehensive income (loss):                                    
Net income (loss) (213)   (319)   0   0   0   0   0   (319)   106  
Other comprehensive income (loss), after tax 444   444   0   0   0   0   444   0   0  
Less: Comprehensive income (loss) attributable to noncontrolling interest 106                               106  
Comprehensive income (loss) 231   125                              
Net consolidations (deconsolidations) of consolidated investment entities 0   0   0   0   0   0   0   0   0  
Common stock issuance 2   2   0   0   0   2   0   0   0  
Common stock acquired - Share repurchase 0   0   0   0   0   0   0   0   0  
Dividends on preferred stock (14)   (14)   0   0   0   (14)   0   0   0  
Dividends on common stock (19)   (19)   0   0   0   (19)   0   0   0  
Share-based compensation 15   15   0   0   (2)   17   0   0   0  
Contributions from (Distributions to) noncontrolling interest, net 141   0   0   0   0   0   0   0   141  
Ending Balance at Sep. 30, 2020 $ 10,645   $ 9,657   $ 0   $ 2   $ (889)   $ 11,213   $ 4,483   $ (5,152)   $ 988