Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Investments:
Short-term investments under securities loan agreements, including collateral delivered	$ 1,042.0	$ 1,015.0
Accrued investment income	396.0	411.0
Premium receivable and reinsurance recoverable (net of allowance for credit losses of $16 and $28 as of 2024 and 2023, respectively)	11,284.0	11,982.0
Deferred policy acquisition costs and Value of business acquired	2,148.0	2,250.0
Deferred income taxes	2,134.0	2,160.0
Goodwill	748.0	748.0
Other intangibles, net	832.0	857.0
Assets held in separate accounts	101,676.0	93,133.0
Total assets	163,889.0	157,085.0
Liabilities:
Future policy benefits	9,332.0	9,560.0
Contract owner account balances	37,104.0	39,174.0
Payables under securities loan and repurchase agreements, including collateral held	1,309.0	1,121.0
Short-term debt	399.0	1.0
Long-term debt	2,103.0	2,097.0
Derivatives	332.0	371.0
Liabilities related to separate accounts	101,676.0	93,133.0
Total liabilities	157,882.0	151,032.0
Commitments and Contingencies (Note 20)
Redeemable noncontrolling interest	219.0	175.0
Shareholders' equity:
Preferred stock ($0.01 par value per share; $625 aggregate liquidation preference as of 2024 and 2023)	0.0	0.0
Common stock ($0.01 par value per share; 900,000,000 shares authorized; 105,592,281 and 103,584,699 shares issued as of 2024 and 2023, respectively; 95,497,265 and 102,854,569 shares outstanding as of 2024 and 2023, respectively)	1.0	1.0
Treasury stock (at cost; 10,095,016 and 730,130 shares as of 2024 and 2023, respectively)	(754.0)	(56.0)
Additional paid-in capital	6,266.0	6,143.0
Accumulated other comprehensive income (loss)	(2,462.0)	(2,400.0)
Retained earnings:
Unappropriated	954.0	505.0
Total Voya Financial, Inc. shareholders' equity	4,005.0	4,193.0
Noncontrolling interest	1,783.0	1,685.0
Total shareholders' equity	5,788.0	5,878.0
Total liabilities and shareholder's equity	163,889.0	157,085.0
Excluding consolidated VIEs
Investments:
Fixed maturities, available-for-sale	24,089.0	25,375.0
Fixed maturities, at fair value using the fair value option	1,849.0	2,076.0
Equity securities, at fair value	246.0	236.0
Short-term investments	94.0	213.0
Mortgage loans on real estate/ Corporate loans	4,675.0	5,192.0
Policy loans	342.0	352.0
Limited partnerships/corporations	1,836.0	1,621.0
Derivatives	303.0	311.0
Other investments	67.0	64.0
Securities pledged (amortized cost of $1,665 and $1,232 as of 2024 and 2023, respectively)	1,523.0	1,160.0
Total investments	35,024.0	36,600.0
Cash and cash equivalents	1,399.0	937.0
Other assets	2,312.0	2,372.0
Liabilities:
Other liabilities	2,886.0	2,956.0
VIEs
Investments:
Mortgage loans on real estate/ Corporate loans	1,434.0	1,404.0
Limited partnerships/corporations	3,067.0	2,861.0
Cash and cash equivalents	115.0	181.0
Other assets	278.0	174.0
Liabilities:
Other liabilities	1,640.0	1,287.0
Collateralized loan obligations notes, at fair value using the fair value option	$ 1,101.0	$ 1,332.0