v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues:    
Net investment income $ 569 $ 560
Fee income 604 570
Premiums 744 737
Net gains (losses) (45) (34)
Other revenue 109 104
Income related to CIEs:    
Net investment income 50 32
Total revenues 2,031 1,969
Benefits and expenses:    
Policyholder benefits 564 579
Interest credited to contract owner account balances 255 256
Operating expenses 848 824
Net amortization of DAC and VOBA 65 62
Interest expense 29 32
Operating expenses related to CIEs:    
Interest expense 32 35
Other expense 8 8
Total benefits and expenses 1,801 1,796
Income before income taxes 230 173
Income tax expense 35 22
Net income 195 151
Less: Net income (loss) attributable to noncontrolling interest and redeemable noncontrolling interest 13 (5)
Net income available to Voya Financial, Inc. 182 156
Less: Preferred stock dividends 17 17
Net income available to Voya Financial, Inc.'s common shareholders $ 165 $ 139
Net income available to Voya Financial, Inc.'s common shareholders per common share:    
Basic (usd per share) $ 1.78 $ 1.45
Diluted (usd per share) $ 1.75 $ 1.42