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AVAILABLE-FOR-SALE FIXED MATURITY SECURITIES - Schedule of Gross Unrealized Losses and Fair Value of Available-for-Sale Fixed Maturity Securities (Details)
$ in Millions
Jun. 30, 2024
USD ($)
position
Dec. 31, 2023
USD ($)
position
Number of Issues    
Less than 12 months | position 2,466 1,222
12 months or more | position 1,733 1,191
Number of Issues | position 4,199 2,413
Gross Unrealized Losses    
Less than 12 months $ (186) $ (153)
12 months or more (759) (582)
Gross Unrealized Losses (945) (735)
Fair Value    
Less than 12 months 9,203 3,756
12 months or more 8,951 9,443
Fair Value $ 18,154 $ 13,199
U.S. treasury and government    
Number of Issues    
Less than 12 months | position 88 10
12 months or more | position 34 29
Number of Issues | position 122 39
Gross Unrealized Losses    
Less than 12 months $ 0 $ 0
12 months or more (39) (36)
Gross Unrealized Losses (39) (36)
Fair Value    
Less than 12 months 131 29
12 months or more 105 92
Fair Value $ 236 $ 121
U.S. states and political subdivisions    
Number of Issues    
Less than 12 months | position 213 208
12 months or more | position 162 106
Number of Issues | position 375 314
Gross Unrealized Losses    
Less than 12 months $ (11) $ (3)
12 months or more (14) (14)
Gross Unrealized Losses (25) (17)
Fair Value    
Less than 12 months 303 217
12 months or more 305 288
Fair Value $ 608 $ 505
Foreign governments    
Number of Issues    
Less than 12 months | position 30 24
12 months or more | position 39 25
Number of Issues | position 69 49
Gross Unrealized Losses    
Less than 12 months $ (9) $ (3)
12 months or more (21) (13)
Gross Unrealized Losses (30) (16)
Fair Value    
Less than 12 months 290 129
12 months or more 150 56
Fair Value $ 440 $ 185
Corporate debt securities    
Number of Issues    
Less than 12 months | position 1,459 863
12 months or more | position 1,366 917
Number of Issues | position 2,825 1,780
Gross Unrealized Losses    
Less than 12 months $ (130) $ (137)
12 months or more (652) (470)
Gross Unrealized Losses (782) (607)
Fair Value    
Less than 12 months 4,728 3,088
12 months or more 7,762 8,357
Fair Value $ 12,490 $ 11,445
Residential mortgage-backed securities    
Number of Issues    
Less than 12 months | position 161 16
12 months or more | position 35 18
Number of Issues | position 196 34
Gross Unrealized Losses    
Less than 12 months $ (4) $ (1)
12 months or more (4) (3)
Gross Unrealized Losses (8) (4)
Fair Value    
Less than 12 months 133 42
12 months or more 75 64
Fair Value $ 208 $ 106
Commercial mortgage-backed securities    
Number of Issues    
Less than 12 months | position 138 32
12 months or more | position 40 55
Number of Issues | position 178 87
Gross Unrealized Losses    
Less than 12 months $ (17) $ (8)
12 months or more (20) (23)
Gross Unrealized Losses (37) (31)
Fair Value    
Less than 12 months 879 104
12 months or more 217 262
Fair Value $ 1,096 $ 366
Collateralized debt securities    
Number of Issues    
Less than 12 months | position 377 69
12 months or more | position 57 41
Number of Issues | position 434 110
Gross Unrealized Losses    
Less than 12 months $ (15) $ (1)
12 months or more (9) (23)
Gross Unrealized Losses (24) (24)
Fair Value    
Less than 12 months 2,739 147
12 months or more 337 324
Fair Value $ 3,076 $ 471