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MARKET RISK BENEFITS - Schedule of Net Balance of Market Risk Benefit Asset and Liabilities (Details) - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
Market Risk Benefit [Roll Forward]      
Balance, beginning of period $ 55 $ 114  
Balance, beginning of period, before effect of changes in the instrument-specific credit risk 39 112  
Acquisition from business combination 2,376 0  
Derecognition (129) 0  
Issuance 3 35  
Interest accrual 24 3  
Attributed fees collected 52 21  
Benefits payments 0 0  
Effect of changes in interest rates 138 (14)  
Effect of changes in equity markets (24) 6  
Effect of changes in equity index volatility (24) (31)  
Effect of changes in future expected policyholder behavior (8) (7)  
Effect of changes in other future expected assumptions 67 (21)  
Balance, end of period, before the effect of changes in the instrument-specific credit risk 2,514 104  
Effect of changes in the ending instrument-specific credit risk 58 14  
Balance, end of period 2,572 118 $ 55
Less: Reinsured MRB, end of period (618) 0  
Balance, end of period, net of reinsurance 1,954 118  
Net amount at risk $ 12,051 $ 806  
Weighted average attained age of contract holders (years) 71 years 65 years