v3.26.1
Condensed Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
$ in Millions
Total
Total Voya Financial, Inc. Shareholders' Equity
Common Stock
Treasury Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings (Deficit), Unappropriated
Noncontrolling Interest
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), after tax 395 395       395    
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 717              
Total comprehensive income (loss) (10)             (31)
Total comprehensive income (loss) 707              
Total comprehensive income (loss) 686              
Noncontrolling Interest, Decrease from Deconsolidation 2             2
Common stock issuance 3 3 0 0 3 0 0 0
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
Beginning balance at Dec. 31, 2024 219              
Mezzanine Equity: Redeemable Noncontrolling Interest                
Net income (loss) 21              
Less: Comprehensive income (loss) attributable to noncontrolling interest and redeemable noncontrolling interest (10)             (31)
Total comprehensive income (loss) 21              
Contributions from (Distributions to) noncontrolling interest, net (25)              
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), after tax 114 114       114    
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 280              
Total comprehensive income (loss) (5)             (16)
Total comprehensive income (loss) 275              
Total comprehensive income (loss) 264              
Noncontrolling Interest, Decrease from Deconsolidation 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
Beginning balance at Mar. 31, 2025 214              
Mezzanine Equity: Redeemable Noncontrolling Interest                
Net income (loss) 11              
Less: Comprehensive income (loss) attributable to noncontrolling interest and redeemable noncontrolling interest (5)             (16)
Total comprehensive income (loss) 11              
Contributions from (Distributions to) noncontrolling interest, net (10)              
Ending balance at Jun. 30, 2025 215              
Beginning balance at Dec. 31, 2025 6,817 4,953 1 (1,010) 6,358 (1,788) 1,392 1,864
Comprehensive income (loss):                
Net income (loss) 188 276         276 (88)
Other comprehensive income (loss), after tax (164) (164)       (164)    
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 112              
Total comprehensive income (loss) (63)             (88)
Total comprehensive income (loss) 49              
Total comprehensive income (loss) 24              
Common stock issuance 3 3     3      
Common stock acquired - Share repurchase (301) (301)   (301) 0      
Dividends on preferred stock (21) (21)         (21)  
Dividends on common stock (86) (86)         (86)  
Share-based compensation 26 26   (36) 60   2  
Contributions from (Distributions to) noncontrolling interest, net (50) (1)         (1) (49)
Ending balance at Jun. 30, 2026 6,412 4,685 1 (1,347) 6,421 (1,952) 1,562 1,727
Beginning balance at Dec. 31, 2025 222              
Mezzanine Equity: Redeemable Noncontrolling Interest                
Net income (loss) 25              
Less: Comprehensive income (loss) attributable to noncontrolling interest and redeemable noncontrolling interest (63)             (88)
Total comprehensive income (loss) 25              
Contributions from (Distributions to) noncontrolling interest, net (17)              
Ending balance at Jun. 30, 2026 230              
Beginning balance at Mar. 31, 2026 6,480 4,658 1 (1,188) 6,395 (2,061) 1,511 1,822
Comprehensive income (loss):                
Net income (loss) 2 94         94 (92)
Other comprehensive income (loss), after tax 109 109       109    
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 203              
Total comprehensive income (loss) (76)             (92)
Total comprehensive income (loss) 127              
Total comprehensive income (loss) 111              
Common stock acquired - Share repurchase (150) (150)   (150) 0      
Dividends on preferred stock (4) (4)         (4)  
Dividends on common stock (42) (42)         (42)  
Share-based compensation 20 20   (9) 26   3  
Contributions from (Distributions to) noncontrolling interest, net (3) 0         0 (3)
Ending balance at Jun. 30, 2026 6,412 $ 4,685 $ 1 $ (1,347) $ 6,421 $ (1,952) $ 1,562 1,727
Beginning balance at Mar. 31, 2026 226              
Mezzanine Equity: Redeemable Noncontrolling Interest                
Net income (loss) 16              
Less: Comprehensive income (loss) attributable to noncontrolling interest and redeemable noncontrolling interest (76)             $ (92)
Total comprehensive income (loss) 16              
Contributions from (Distributions to) noncontrolling interest, net (12)              
Ending balance at Jun. 30, 2026 $ 230