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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues:    
Net investment income $ 560 $ 529
Fee income 570 513
Premiums 737 800
Net gains (losses) (34) 43
Other revenue 104 88
Income related to CIEs:    
Net investment income 32 78
Total revenues 1,969 2,051
Benefits and expenses:    
Policyholder benefits 579 605
Interest credited to contract owner account balances 256 246
Operating expenses 824 799
Net amortization of DAC and VOBA 62 56
Interest expense 32 30
Operating expenses related to CIEs:    
Interest expense 35 27
Other expense 8 1
Total benefits and expenses 1,796 1,764
Income before income taxes 173 287
Income tax expense (benefit) 22 (1)
Net income (loss) 151 288
Less: Net income (loss) attributable to noncontrolling interest (5) 37
Net income (loss) available to Voya Financial, Inc. 156 251
Less: Preferred stock dividends 17 17
Net income (loss) available to Voya Financial, Inc.'s common shareholders $ 139 $ 234
Net income available to Voya Financial, Inc.'s common shareholders per common share:    
Basic (usd per share) $ 1.45 $ 2.29
Diluted (usd per share) $ 1.42 $ 2.24