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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
Investments:    
Fixed maturities, available-for-sale, at fair value (amortized cost of $44,806 as of 2019 and $45,241 as of 2018) $ 49,150 $ 46,298
Fixed maturities, at fair value using the fair value option 3,358 2,956
Equity securities, at fair value (cost of $335 as of 2019 and $255 as of 2018) 367 273
Short-term investments 154 168
Mortgage loans on real estate, net of valuation allowance of $1 as of 2019 and $2 as of 2018 8,418 8,676
Policy loans 1,797 1,833
Limited partnerships/corporations 1,325 1,158
Derivatives 440 247
Other investments 96 90
Total investments 67,050 63,566
Cash and cash equivalents 1,482 1,538
Short-term investments under securities loan agreements, including collateral delivered 1,929 1,684
Accrued investment income 662 650
Premium receivable and reinsurance recoverable 6,640 6,860
Deferred policy acquisition costs and Value of business acquired 3,246 4,116
Current income taxes 226 237
Deferred income taxes 576 1,157
Other assets 1,425 1,336
Assets related to consolidated investment entities:    
Assets held in separate accounts 79,915 71,228
Total assets 165,162 154,682
Liabilities and Shareholders' Equity:    
Future policy benefits 14,841 14,488
Contract owner account balances 50,580 51,001
Payables under securities loan and repurchase agreements, including collateral held 1,972 1,821
Short-term debt 97 1
Long-term debt 3,041 3,136
Derivatives 432 139
Pension and other postretirement provisions 445 551
Other liabilities 2,106 2,148
Liabilities related to consolidated investment entities:    
Collateralized loan obligations notes, at fair value using the fair value option 432 540
Other liabilities 562 688
Liabilities related to separate accounts 79,915 71,228
Total liabilities 154,423 145,741
Commitments and Contingencies (Note 13)
Shareholders' equity:    
Preferred stock ($0.01 par value per share; $625 and $325 aggregate liquidation preference as of 2019 and 2018, respectively) 0 0
Common stock ($0.01 par value per share; 900,000,000 shares authorized; 275,273,194 and 272,431,745 shares issued as of 2019 and 2018, respectively; 140,329,307 and 150,978,184 shares outstanding as of 2019 and 2018, respectively) 3 3
Treasury stock (at cost; 134,943,887 and 121,453,561 shares as of 2019 and 2018, respectively) (5,663) (4,981)
Additional paid-in capital 24,642 24,316
Accumulated other comprehensive income (loss) 2,867 607
Retained earnings (deficit):    
Appropriated-consolidated investment entities 0 0
Unappropriated (11,785) (11,732)
Total Voya Financial, Inc. shareholders' equity 10,064 8,213
Noncontrolling interest 675 728
Total shareholders' equity 10,739 8,941
Total liabilities and shareholders' equity 165,162 154,682
Limited partnerships/corporations, at fair value    
Assets related to consolidated investment entities:    
Assets related to consolidated investment entities 1,429 1,421
Cash and cash equivalents    
Assets related to consolidated investment entities:    
Assets related to consolidated investment entities 59 331
Corporate loans, at fair value using the fair value option    
Assets related to consolidated investment entities:    
Assets related to consolidated investment entities 512 542
Other assets    
Assets related to consolidated investment entities:    
Assets related to consolidated investment entities 11 16
Collateral Pledged    
Investments:    
Securities pledged (amortized cost of $1,739 as of 2019 and $1,824 as of 2018) $ 1,945 $ 1,867