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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues:        
Net investment income $ 518 $ 545 $ 1,047 $ 1,090
Fee income 517 474 1,030 938
Premiums 790 677 1,590 1,362
Net gains (losses) (4) (56) 39 (72)
Other revenue 98 86 186 164
Income (loss) related to CIEs:        
Net investment income 114 145 192 224
Total revenues 2,033 1,871 4,084 3,706
Benefits and expenses:        
Policyholder benefits 598 438 1,203 948
Interest credited to contract owner account balances 245 244 491 485
Operating expenses 752 770 1,551 1,606
Net amortization of Deferred policy acquisition costs and Value of business acquired 56 57 112 116
Interest expense 30 39 60 71
Operating expenses related to CIEs:        
Interest expense 68 55 95 71
Other expense 8 5 9 5
Total benefits and expenses 1,757 1,608 3,521 3,302
Income (loss) before income taxes 276 263 563 404
Income tax expense (benefit) 41 28 40 40
Net income (loss) 235 235 523 364
Less: Net income (loss) attributable to noncontrolling interest 30 77 67 123
Net income (loss) available to Voya Financial, Inc. 205 158 456 241
Less: Preferred stock dividends 4 4 21 18
Net income (loss) available to Voya Financial, Inc.'s common shareholders $ 201 $ 154 $ 435 $ 223
Net income (loss) available to Voya Financial, Inc.'s common shareholders per common share:        
Basic (usd per share) $ 2.00 $ 1.50 $ 4.29 $ 2.22
Diluted (usd per share) $ 1.96 $ 1.41 $ 4.20 $ 2.03