v3.25.2
Condensed Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
$ in Millions
Total
Preferred Stock
Common Stock
Total Voya Financial, Inc. Shareholders' Equity
Total Voya Financial, Inc. Shareholders' Equity
Preferred Stock
Total Voya Financial, Inc. Shareholders' Equity
Common Stock
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
Noncontrolling Interest
Beginning balance at Dec. 31, 2023 $ 5,878     $ 4,193     $ 1 $ (56) $ 6,143     $ (2,400) $ 505 $ 1,685
Comprehensive income (loss):                            
Net income (loss) 504     456                 456 48
Other Comprehensive Income (Loss), Net of Tax (183)     (183)               (183)    
Total comprehensive income (loss) 340     273                    
Total comprehensive income (loss) 67                         48
Total comprehensive income (loss) 321                          
Net consolidations (deconsolidations) of CIEs (2)                         (2)
Common stock issuance 3     3     0 0 3     0 0 0
Common stock acquired - Share repurchase (348)     (348)       (348)            
Dividends   $ (21) $ (81)   $ (21) $ (81)       $ 0 $ 0      
Dividends on preferred stock                         (21)  
Dividends on common stock                         (81)  
Employee Benefits and Share-Based Compensation                         (2)  
Share-based compensation 26     26       (44) 72          
Contributions from (Distributions to) noncontrolling interest, net (90)     (2)                 (2) (88)
Ending balance at Jun. 30, 2024 5,686     4,043     1 (448) 6,218     (2,583) 855 1,643
Mezzanine Equity: Redeemable Noncontrolling Interest, Beginning balance at Dec. 31, 2023 175                          
Increase (Decrease) in Temporary Equity [Roll Forward]                            
Net income 19                          
Total comprehensive income (loss) 19                          
Contributions from (Distributions to) noncontrolling interest, net (11)                          
Mezzanine Equity: Redeemable Noncontrolling Interest, Ending balance at Jun. 30, 2024 183                          
Beginning balance at Mar. 31, 2024 5,697     4,153     1 (263) 6,187     (2,469) 697 1,544
Comprehensive income (loss):                            
Net income (loss) 223     205                 205 18
Other Comprehensive Income (Loss), Net of Tax (114)     (114)               (114)    
Total comprehensive income (loss) 121     91                    
Total comprehensive income (loss) 30                         18
Total comprehensive income (loss) 109                          
Net consolidations (deconsolidations) of CIEs (2)                         (2)
Common stock acquired - Share repurchase (176)     (176)       (176)            
Dividends   $ (4) $ (40)                      
Dividends on preferred stock         $ (4)               (4)  
Dividends on common stock           $ (40)             (40)  
Employee Benefits and Share-Based Compensation                         (1)  
Share-based compensation 21     21       (9) 31          
Contributions from (Distributions to) noncontrolling interest, net 81     (2)                 (2) 83
Ending balance at Jun. 30, 2024 5,686     4,043     1 (448) 6,218     (2,583) 855 1,643
Mezzanine Equity: Redeemable Noncontrolling Interest, Beginning balance at Mar. 31, 2024 174                          
Increase (Decrease) in Temporary Equity [Roll Forward]                            
Net income 12                          
Total comprehensive income (loss) 12                          
Contributions from (Distributions to) noncontrolling interest, net (3)                          
Mezzanine Equity: Redeemable Noncontrolling Interest, Ending balance at Jun. 30, 2024 183                          
Beginning balance at Dec. 31, 2024 5,788     4,005     1 (754) 6,266     (2,462) 954 1,783
Comprehensive income (loss):                            
Net income (loss) 291     322                 322 (31)
Other Comprehensive Income (Loss), Net of Tax 395     395               395    
Total comprehensive income (loss) 707     717                    
Total comprehensive income (loss) (10)                         (31)
Total comprehensive income (loss) 686                          
Net consolidations (deconsolidations) of CIEs (2)                         (2)
Common stock issuance 3     3         3          
Dividends on preferred stock (21)     (21)                 (21)  
Dividends on common stock (87)     (87)                 (87)  
Share-based compensation 9     9       (42) 52       (1)  
Contributions from (Distributions to) noncontrolling interest, net (38)     3                 3 (41)
Ending balance at Jun. 30, 2025 6,338     4,629     1 (796) 6,321     (2,067) 1,170 1,709
Mezzanine Equity: Redeemable Noncontrolling Interest, Beginning balance at Dec. 31, 2024 219                          
Increase (Decrease) in Temporary Equity [Roll Forward]                            
Net income 21                          
Total comprehensive income (loss) 21                          
Contributions from (Distributions to) noncontrolling interest, net (25)                          
Mezzanine Equity: Redeemable Noncontrolling Interest, Ending balance at Jun. 30, 2025 215                          
Beginning balance at Mar. 31, 2025 6,147     4,383     1 (788) 6,299     (2,181) 1,052 1,764
Comprehensive income (loss):                            
Net income (loss) 150     166                 166 (16)
Other Comprehensive Income (Loss), Net of Tax 114     114               114    
Total comprehensive income (loss) 275     280                    
Total comprehensive income (loss) (5)                         (16)
Total comprehensive income (loss) 264                          
Net consolidations (deconsolidations) of CIEs (2)                         (2)
Dividends on preferred stock (4)     (4)                 (4)  
Dividends on common stock (44)     (44)                 (44)  
Share-based compensation 13     13       (8) 22       (1)  
Contributions from (Distributions to) noncontrolling interest, net (36)     1                 1 (37)
Ending balance at Jun. 30, 2025 6,338     $ 4,629     $ 1 $ (796) $ 6,321     $ (2,067) $ 1,170 $ 1,709
Mezzanine Equity: Redeemable Noncontrolling Interest, Beginning balance at Mar. 31, 2025 214                          
Increase (Decrease) in Temporary Equity [Roll Forward]                            
Net income 11                          
Total comprehensive income (loss) 11                          
Contributions from (Distributions to) noncontrolling interest, net (10)                          
Mezzanine Equity: Redeemable Noncontrolling Interest, Ending balance at Jun. 30, 2025 $ 215