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Consolidated Statements of Changes in Shareholder's Equity - USD ($)
$ in Millions
Total
Common Stock
Treasury stock
Additional Paid-In Capital
Additional Paid-In Capital
Preferred Stock
Additional Paid-In Capital
Common Stock
Accumulated Other Comprehensive Income (Loss)
Retained Earnings (Deficit), Unappropriated
Total Voya Financial, Inc. Shareholders' Equity
Noncontrolling Interest
Beginning balance at Dec. 31, 2021 $ 9,668 $ 1 $ (80) $ 7,542     $ 1,807 $ (1,170) $ 8,100 $ 1,568
Increase (Decrease) in Stockholders' Equity                    
Net income (loss) 433             510 510  
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest 419                 (91)
Interest in VIM Holdings LLC 412               412  
Other comprehensive income (loss), after tax (4,862)           (4,862)   (4,862)  
Other comprehensive income (loss), after tax (4,862)                  
Comprehensive income (loss) (4,429)               (4,352)  
Less: Comprehensive income (loss) attributable to noncontrolling interest and redeemable noncontrolling interest (77)                 (91)
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Nonredeemable Noncontrolling Interest (4,443)                  
Net consolidations (deconsolidations) of CIEs (3)                 (3)
Common stock issuance 7     7         7  
Common stock acquired - Share repurchase (750)   (750)         0 (750)  
Treasury stock retirement (458)   838 (1,297)       459    
Adjustments to Additional Paid in Capital, Dividends in Excess of Retained Earnings         $ 36 $ 80        
Dividends, Preferred Stock, Cash (36)               (36)  
Dividends on common stock (80)               (80)  
Share-based compensation 48   (47) 95         48  
Contributions from (Distributions to) noncontrolling interest, net 2                 2
Ending balance at Dec. 31, 2022 4,831 1 (39) 6,643     (3,055) (201) 3,349 1,482
Increase (Decrease) in Temporary Equity [Roll Forward]                    
Temporary Equity, Interest in VIM Holdings LLC 148                  
Net income (loss) 14                  
Total comprehensive income (loss) 14                  
Contributions from (Distributions to) noncontrolling interest, net 4                  
Ending balance at Dec. 31, 2022 166                  
Increase (Decrease) in Stockholders' Equity                    
Net income (loss) 729                  
Interest in VIM Holdings LLC       412            
Net income (loss) 695             625 625 70
Other comprehensive income (loss), after tax 655           655   655  
Comprehensive income (loss) 1,384               1,280  
Less: Comprehensive income (loss) attributable to noncontrolling interest and redeemable noncontrolling interest 104                 70
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Nonredeemable Noncontrolling Interest 1,350                  
Net consolidations (deconsolidations) of CIEs (7)                 7
Common stock acquired - Share repurchase (374)   (374)           (374)  
Treasury stock retirement (186)   412 (598)       186    
Adjustments to Additional Paid in Capital, Dividends in Excess of Retained Earnings         $ 18 $ 41        
Dividends, Preferred Stock, Cash (36)             (18) (36)  
Dividends on common stock (125)             (84) (125)  
Share-based compensation 99   (55) 157       (3) 99  
Contributions from (Distributions to) noncontrolling interest, net 140                 140
Ending balance at Dec. 31, 2023 5,878 1 (56) 6,143     (2,400) 505 4,193 1,685
Increase (Decrease) in Temporary Equity [Roll Forward]                    
Net income (loss) 34                  
Total comprehensive income (loss) 34                  
Net consolidations (deconsolidations) of CIEs, Mezzanine Equity (2)                  
Contributions from (Distributions to) noncontrolling interest, net (23)                  
Ending balance at Dec. 31, 2023 175                  
Increase (Decrease) in Stockholders' Equity                    
Net income (loss) 742                  
Net income (loss) 694             667 667 27
Other comprehensive income (loss), after tax (62)           (62)   (62)  
Comprehensive income (loss) 680               605  
Less: Comprehensive income (loss) attributable to noncontrolling interest and redeemable noncontrolling interest 75                 27
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Nonredeemable Noncontrolling Interest 632                  
Net consolidations (deconsolidations) of CIEs (2)                 (2)
Common stock issuance 6     6         6  
Common stock acquired - Share repurchase (640)   (640)           (640)  
Treasury stock retirement 0                  
Dividends, Preferred Stock, Cash (41)             (41) (41)  
Dividends on common stock (168)             (168) (168)  
Share-based compensation 54   (58) 117       (5) 54  
Contributions from (Distributions to) noncontrolling interest, net 69             (4) (4) 73
Ending balance at Dec. 31, 2024 5,788 $ 1 $ (754) $ 6,266     $ (2,462) $ 954 $ 4,005 $ 1,783
Increase (Decrease) in Temporary Equity [Roll Forward]                    
Net income (loss) 48                  
Total comprehensive income (loss) 48                  
Net consolidations (deconsolidations) of CIEs, Mezzanine Equity 0                  
Contributions from (Distributions to) noncontrolling interest, net (4)                  
Ending balance at Dec. 31, 2024 $ 219