VOYA INSURANCE & ANNUITY CO financial statements (2021 and earlier)

Company profile

Business Address 909 LOCUST STREET
DE MOINES, IA 50309
State of Incorp. IA
Fiscal Year End December 31
SIC 6311 - Life Insurance (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments7941,1931,7161,1099652,982
Cash and cash equivalents446764647362398296
Short-term investments3484301,0697475672,687
Total current assets:7941,1931,7161,1099652,982
Noncurrent Assets
Long-term investments and receivables280227186173133167
Long-term investments280227186173133167
Total noncurrent assets:280227186173133167
Other undisclosed assets67,36669,38170,44674,17575,42474,401
TOTAL ASSETS:68,44070,80172,34875,45776,52377,550
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities66,11168,23369,53271,83772,79073,418
Total liabilities:66,11168,23369,53271,83772,79073,418
Stockholders' equity
Stockholders' equity attributable to parent2,3292,5692,8163,6203,7324,132
Common stock333333
Additional paid in capital3,9224,4494,8215,3115,5265,756
Accumulated other comprehensive income612425320609481634
Accumulated deficit(2,208)(2,308)(2,327)(2,302)(2,277)(2,260)
Total stockholders' equity:2,3292,5692,8163,6203,7324,132
TOTAL LIABILITIES AND EQUITY:68,44070,80172,34875,45776,52377,550

Income statement (P&L) ($ in millions)

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues1,1831,6182,4181,8833571,216
Net investment income1,3141,3631,3061,2651,2671,286
Realized investment losses(1,224)(885)(132)(774)(2,216)(1,374)
Financial services revenue1,0591,1241,2251,363436459
Cost of revenue(219)(416)(15) 1,05041
Deferred sales inducement cost, amortization expense    (472)(303)
Deferred policy acquisition costs, amortization expense(219)(416)  1,538319
Amortization of value of business acquired (voba)  (15) (16)24
Gross profit:9641,2022,4041,8831,4081,257
Operating expenses(434)(463)(486)(490)(462)(444)
Operating income:5307391,9171,393945812
Nonoperating income   1,3111,2971,320
Investment income, nonoperating   1,2811,2671,286
Interest and debt expense(28)(28)(28)(28)(28)(31)
Other undisclosed loss from continuing operations before equity method investments, income taxes(70)(576)(1,968)(2,604)(2,046)(2,096)
Income (loss) from continuing operations before income taxes:432135(79)721695
Income tax expense (benefit)(332)(116)54(97)(186)(182)
Net income (loss) available to common stockholders, diluted:10019(25)(25)(17)(177)

Comprehensive Income ($ in millions)

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income (loss):10019(25)(25)(17)(177)
Other comprehensive income (loss)15795160(62)  
Comprehensive income (loss):257114135(87)(17)(177)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent3011(449)190(153)389
Comprehensive income (loss), net of tax, attributable to parent:287125(315)103(170)212

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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