v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues:        
Net investment income $ 537 $ 584 $ 1,106 $ 1,144
Fee income 620 577 1,224 1,147
Premiums 716 718 1,460 1,455
Net gains (losses) (40) (41) (85) (75)
Other revenue 112 100 221 204
Income (loss) related to CIEs:        
Net investment income (loss) (49) 43 1 75
Total revenues 1,896 1,981 3,927 3,950
Benefits and expenses:        
Policyholder benefits 560 541 1,124 1,120
Interest credited to contract owner account balances 265 260 520 516
Operating expenses 898 857 1,746 1,681
Net amortization of DAC and VOBA 62 58 127 120
Interest expense 33 28 62 60
Operating expenses related to CIEs:        
Interest expense 35 35 67 70
Other expense 9 14 17 22
Total benefits and expenses 1,862 1,793 3,663 3,589
Income (loss) before income taxes 34 188 264 361
Income tax expense (benefit) 16 27 51 49
Net income (loss) 18 161 213 312
Less: Net income (loss) attributable to noncontrolling interest and redeemable noncontrolling interest (76) (5) (63) (10)
Net income (loss) available to Voya Financial, Inc. 94 166 276 322
Less: Preferred stock dividends 4 4 21 21
Net income (loss) available to Voya Financial, Inc.'s common shareholders $ 90 $ 162 $ 255 $ 301
Net income (loss) available to Voya Financial, Inc.'s common shareholders per common share:        
Basic (usd per share) $ 0.99 $ 1.69 $ 2.77 $ 3.14
Diluted (usd per share) $ 0.97 $ 1.66 $ 2.73 $ 3.09