Voya Financial, Inc.
For the period ended Jun 30, 2026. Filed Aug 6, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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10. Goodwill and Other Intangible Assets
- Goodwill and Other Intangible Assets
Goodwill
The changes in the carrying amount of goodwill reported in the Company's reportable segments and Corporate were as follows:
| Retirement | Investment Management | Employee Benefits | Corporate(1) | Consolidated | |
|---|---|---|---|---|---|
| Balance as of January 1, 2025 | $17 | $286 | $343 | $102 | $748 |
| Additions related to business acquisitions | 56 | — | — | — | 56 |
| Balance as of December 31, 2025 | 73 | 286 | 343 | 102 | 804 |
| Additions related to business acquisitions | — | — | — | — | — |
| Balance as of June 30, 2026 | $73 | $286 | $343 | $102 | $804 |
(1) Corporate includes goodwill that was acquired by the parent company and not pushed to a subsidiary within the Company’s reportable segments. The carrying value of goodwill within Corporate is allocated to Retirement, Investment Management, and Employee Benefits segments as $72, $10 and $20 respectively.
Other Intangible Assets
The following table presents other intangible assets as of the dates indicated:
| WeightedAverageAmortizationLives (Years) · June 30, 2026 · December 31, 2025 | |||||||
|---|---|---|---|---|---|---|---|
| GrossCarryingAmount · AccumulatedAmortization · NetCarryingAmount · GrossCarryingAmount · AccumulatedAmortization · NetCarryingAmount | |||||||
| Indefinite-life intangibles: | |||||||
| Management contract rights | N/A | $350 | $— | $350 | $350 | $— | $350 |
| Finite-life intangibles: | |||||||
| Management contract rights | 17 | 131 | 31 | 100 | 131 | 27 | 104 |
| Customer relationship lists | 16 | 345 | 170 | 175 | 345 | 162 | 183 |
| Trademarks | 8 | 15 | 6 | 9 | 15 | 6 | 9 |
| Computer software | 5 | 544 | 324 | 220 | 506 | 278 | 228 |
| Total intangible assets | $1,385 | $531 | $854 | $1,347 | $473 | $874 | |
Amortization expense related to intangible assets was $58 and $50 for the six months ended June 30, 2026 and 2025, respectively.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.