v3.25.2
Financing Agreements (Tables)
6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The following table summarizes the carrying value of the Company’s debt issued or borrowed and outstanding as of the periods indicated:
IssuerMaturityJune 30, 2025December 31, 2024
3.976% Senior Notes, due 2025 (2)(3)
Voya Financial, Inc.02/15/2025$— $399 
3.65% Senior Notes, due 2026 (2)(3)
Voya Financial, Inc.06/15/2026446 446 
5.0% Senior Notes, due 2034 (2)(3)
Voya Financial, Inc.09/20/2034396 395 
5.7% Senior Notes, due 2043 (2)(3)
Voya Financial, Inc.07/15/2043396 396 
4.8% Senior Notes, due 2046 (2)(3)
Voya Financial, Inc.06/15/2046297 297 
4.7% Fixed-to-Floating Rate Junior Subordinated Notes, due 2048 (2)(3)
Voya Financial, Inc.01/23/2048336 336 
7.625% Voya Holdings Inc. debentures, due 2026(1)
Voya Holdings Inc.
08/15/2026139 139 
6.97% Voya Holdings Inc. debentures, due 2036(1)
Voya Holdings Inc.
08/15/203679 79 
8.424% Equitable of Iowa Companies Capital Trust II Notes, due 2027
Equitable of Iowa Capital Trust II04/01/202713 13 
1.00% Windsor Property Loan
Voya Retirement Insurance and Annuity Company06/14/2027
Subtotal2,104 2,502 
Less: Current portion of long-term debt447 399 
Total$1,657 $2,103 
(1) Guaranteed by ING Group.
(2) Interest is paid semi-annually in arrears.
(3) Guaranteed by Voya Holdings.
Schedule of Line of Credit Facilities