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Financing Agreements (Tables)

3 Months Ended

Mar. 31, 2025

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

The following table summarizes the carrying value of the Company’s debt issued or borrowed and outstanding as of the periods indicated:

			Issuer						Maturity						March 31, 2025						December 31, 2024
3.976% Senior Notes, due 2025 (2)(3)			Voya Financial, Inc.						02/15/2025						$	—					$	399
3.65% Senior Notes, due 2026 (2)(3)			Voya Financial, Inc.						06/15/2026						446						446
5.0% Senior Notes, due 2034 (2)(3)			Voya Financial, Inc.						09/20/2034						396						395
5.7% Senior Notes, due 2043 (2)(3)			Voya Financial, Inc.						07/15/2043						396						396
4.8% Senior Notes, due 2046 (2)(3)			Voya Financial, Inc.						06/15/2046						297						297
4.7% Fixed-to-Floating Rate Junior Subordinated Notes, due 2048 (2)(3)			Voya Financial, Inc.						01/23/2048						336						336
7.625% Voya Holdings Inc. debentures, due 2026(1)			Voya Holdings, Inc.						08/15/2026						139						139
6.97% Voya Holdings Inc. debentures, due 2036(1)			Voya Holdings, Inc.						08/15/2036						79						79
8.424% Equitable of Iowa Companies Capital Trust II Notes, due 2027			Equitable of Iowa Capital Trust II						04/01/2027						13						13
1.00% Windsor Property Loan			Voya Retirement Insurance and Annuity Company						06/14/2027						2						2
Subtotal															2,104						2,502
Less: Current portion of long-term debt															1						399
Total															$	2,103					$	2,103

(1) Guaranteed by ING Group.

(2) Interest is paid semi-annually in arrears.

(3) Guaranteed by Voya Holdings.

Schedule of Line of Credit Facilities

The following table summarizes the Company's credit facilities as of March 31, 2025:

Obligor / Applicant						Secured / Unsecured						Committed / Uncommitted						Expiration						Capacity						Utilization												Unused Commitment
Voya Financial, Inc.						Unsecured						Committed						05/01/2028						$	500					$	—											$	500
Voya Financial, Inc.						Unsecured						Committed						04/07/2025						12						12			(1)									—
Total																								$	512					$	12											$	500

(1) Amount utilized as collateral for outstanding Aetna Notes.

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Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line.

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