Voya 2014 Annual Report Download - page 380

Voya Financial, Inc.
Notes to the Consolidated Financial Statements
(Dollar amounts in millions, unless otherwise stated)
The following tables summarize the impact of consolidation of investment entities into the Consolidated Balance
Sheets as of the dates indicated:
Before
Consolidation(1) CLOs VOEs
CLOs
Adjustments(2)
VOEs
Adjustments(2) Total
December 31, 2014
Total investments and cash . . . $ 94,059.1 $—$— $(46.6) $ (647.8) $ 93,364.7
Other assets ............... 16,255.7 — — — — 16,255.7
Assets held in consolidated
investment entities ........ — 7,466.2 3,859.7 — (2.7) 11,323.2
Assets held in separate
accounts ................ 106,007.8 — — — — 106,007.8
Total assets ................ $216,322.6 $7,466.2 $3,859.7 $(46.6) $ (650.5) $226,951.4
Future policy benefits and
contract owner account
balances ................ $ 85,010.7 $—$— $— $ — $85,010.7
Other liabilities ............. 9,216.5 — — — (2.7) 9,213.8
Liabilities held in consolidated
investment entities ........ 0.1 7,445.8 796.6 (46.6) — 8,195.9
Liabilities related to separate
accounts ................ 106,007.8 — — — — 106,007.8
Total liabilities ............. 200,235.1 7,445.8 796.6 (46.6) (2.7) 208,428.2
Equity attributable to common
shareholders ............. 16,087.5 — 3,063.1 — (3,063.1) 16,087.5
Retained earnings appropriated
for investors in consolidated
investment entities ........ — 20.4 — — — 20.4
Equity attributable to
noncontrolling interest in
consolidated investment
entities ................. — — — — 2,415.3 2,415.3
Total liabilities and equity .... $216,322.6 $7,466.2 $3,859.7 $(46.6) $ (650.5) $226,951.4
(1) The Before Consolidation column includes the Company’s equity interest in the investment products
subsequently consolidated, accounted for as equity method and available-for-sale investments.
(2) Adjustments include the elimination of intercompany transactions between the Company and its
consolidated investment entities, primarily the elimination of the Company’s equity at risk recorded as
investments by the Company (before consolidation) against either equity (private equity and real estate
partnership funds) or senior and subordinated debt (CLOs) of the funds.
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