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Condensed Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
Total
Total Voya Financial, Inc. Shareholders' Equity
Preferred Stock
Common Stock
Treasury Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings (Deficit), Unappropriated
Noncontrolling Interest
Beginning balance at Dec. 31, 2020 $ 11,178,000,000 $ 10,110,000,000 $ 0 $ 2,000,000 $ (1,016,000,000) $ 11,183,000,000 $ 4,898,000,000 $ (4,957,000,000) $ 1,068,000,000
Comprehensive income (loss):                  
Net income (loss) 2,380,000,000 1,719,000,000           1,719,000,000 661,000,000
Other comprehensive income (loss), after tax (2,582,000,000)                
Reversal of Other Comprehensive Income (Loss) due to Individual Life Transaction 913,000,000 913,000,000         913,000,000    
Other comprehensive income (loss), after tax (1,669,000,000) (1,669,000,000)         (1,669,000,000)    
Comprehensive income (loss) (202,000,000) (863,000,000)             661,000,000
Net consolidations (deconsolidations) of consolidated investment entities 8,000,000               8,000,000
Common stock issuance 4,000,000 4,000,000       4,000,000 0 0  
Common stock acquired - Share repurchase (803,000,000) (803,000,000) 0 0 (833,000,000) 30,000,000 0 0  
Dividends on preferred stock (32,000,000) (32,000,000) 0 0 0 (32,000,000) 0 0  
Dividends on common stock (59,000,000) (59,000,000) 0 0 0 (59,000,000) 0 0  
Share-based compensation 32,000,000 32,000,000 0 0 (57,000,000) 89,000,000 0    
Contributions from (Distributions to) noncontrolling interest and redeemable noncontrolling interest, net (131,000,000)   0 0 0 0 0   (131,000,000)
Ending Balance at Sep. 30, 2021 9,995,000,000 8,389,000,000 0 2,000,000 (1,906,000,000) 11,215,000,000 2,316,000,000 (3,238,000,000) 1,606,000,000
Beginning balance at Jun. 30, 2021 9,775,000,000 8,362,000,000 0 2,000,000 (1,820,000,000) 11,143,000,000 2,431,000,000 (3,394,000,000) 1,413,000,000
Comprehensive income (loss):                  
Net income (loss) 370,000,000 156,000,000           156,000,000 214,000,000
Other comprehensive income (loss), after tax (115,000,000) (115,000,000)         (115,000,000)    
Comprehensive income (loss) 255,000,000 41,000,000             214,000,000
Common stock issuance 2,000,000 2,000,000 0 0 0 2,000,000 0 0 0
Common stock acquired - Share repurchase 0 0 0 0 (80,000,000) 80,000,000 0 0 0
Dividends on preferred stock (14,000,000) (14,000,000) 0 0 0 14,000,000 0 0 0
Dividends on common stock (19,000,000) (19,000,000) 0 0 0 (19,000,000) 0 0 0
Share-based compensation 17,000,000 17,000,000 0 0 (6,000,000) 23,000,000 0 0 0
Contributions from (Distributions to) noncontrolling interest and redeemable noncontrolling interest, net (21,000,000) 0 0 0 0 0 0 0 (21,000,000)
Ending Balance at Sep. 30, 2021 9,995,000,000 8,389,000,000 0 2,000,000 (1,906,000,000) 11,215,000,000 2,316,000,000 (3,238,000,000) 1,606,000,000
Beginning balance at Dec. 31, 2021 9,821,000,000 8,253,000,000 0 1,000,000 (80,000,000) 7,542,000,000 2,100,000,000 (1,310,000,000) 1,568,000,000
Increase (Decrease) in Stockholders' Equity                  
Interest in VIM Holdings LLC 412,000,000 412,000,000       412,000,000      
Comprehensive income (loss):                  
Net income (loss) 289,000,000 316,000,000           316,000,000 (27,000,000)
Net income (loss) 296,000,000                
Other comprehensive income (loss), after tax (4,086,000,000) (4,086,000,000)         (4,086,000,000)    
Total comprehensive income (loss) (3,797,000,000) (3,770,000,000)             (27,000,000)
Comprehensive income (loss) (3,790,000,000)                
Net consolidations (deconsolidations) of consolidated investment entities 3,000,000 0 0 0 0 0 0 0 3,000,000
Common stock issuance 7,000,000 7,000,000 0 0 0 7,000,000 0 0 0
Common stock acquired - Share repurchase (750,000,000) (750,000,000) 0 0 (750,000,000) 0 0 0 0
Dividends on preferred stock (32,000,000) (32,000,000) 0 0 0 (32,000,000) 0 0 0
Dividends on common stock (61,000,000) (61,000,000) 0 0 0 (61,000,000) 0 0 0
Share-based compensation 34,000,000 34,000,000 0 0 (43,000,000) 77,000,000 0 0 0
Contributions from (Distributions to) noncontrolling interest and redeemable noncontrolling interest, net 46,000,000 0 0 0 0 0 0 0 46,000,000
Ending Balance at Sep. 30, 2022 5,683,000,000 4,093,000,000 0 1,000,000 (873,000,000) 7,945,000,000 (1,986,000,000) (994,000,000) 1,590,000,000
Comprehensive income (loss):                  
Temporary, Interest in VIM Holdings LLC 148,000,000                
Beginning Balance at Dec. 31, 2021 0                
Increase (Decrease) in Temporary Equity [Roll Forward]                  
Interest in VIM Holdings LLC 412,000,000 412,000,000       412,000,000      
Net income (loss) 7,000,000                
Total comprehensive income (loss) 7,000,000                
Ending Balance at Sep. 30, 2022 155,000,000                
Beginning balance at Jun. 30, 2022 6,213,000,000 4,516,000,000 0 1,000,000 (821,000,000) 7,500,000,000 (963,000,000) (1,201,000,000) 1,697,000,000
Increase (Decrease) in Stockholders' Equity                  
Interest in VIM Holdings LLC 412,000,000 412,000,000       412,000,000      
Comprehensive income (loss):                  
Net income (loss) 62,000,000 207,000,000 0 0 0 0 0 207,000,000 (145,000,000)
Net income (loss) 69,000,000                
Other comprehensive income (loss), after tax (1,023,000,000) (1,023,000,000)         (1,023,000,000)    
Total comprehensive income (loss) (961,000,000) (816,000,000)             (145,000,000)
Comprehensive income (loss) (954,000,000)                
Net consolidations (deconsolidations) of consolidated investment entities 3,000,000 0             3,000,000
Common stock issuance 5,000,000 5,000,000 0 0 0 5,000,000 0 0 0
Common stock acquired - Share repurchase 0 0 0 0 (50,000,000) 50,000,000 0 0 0
Dividends on preferred stock (14,000,000) (14,000,000) 0 0 0 (14,000,000) 0 0 0
Dividends on common stock (20,000,000) (20,000,000) 0 0 0 (20,000,000) 0 0 0
Share-based compensation 10,000,000 10,000,000 0 0 (2,000,000) 12,000,000 0 0 0
Contributions from (Distributions to) noncontrolling interest and redeemable noncontrolling interest, net 35,000,000 0 0 0 0   0 0 35,000,000
Ending Balance at Sep. 30, 2022 5,683,000,000 4,093,000,000 $ 0 $ 1,000,000 $ (873,000,000) 7,945,000,000 $ (1,986,000,000) $ (994,000,000) $ 1,590,000,000
Comprehensive income (loss):                  
Temporary, Interest in VIM Holdings LLC 148,000,000                
Beginning Balance at Jun. 30, 2022 0                
Increase (Decrease) in Temporary Equity [Roll Forward]                  
Interest in VIM Holdings LLC 412,000,000 $ 412,000,000       $ 412,000,000      
Net income (loss) 7,000,000                
Total comprehensive income (loss) 7,000,000                
Ending Balance at Sep. 30, 2022 $ 155,000,000