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AVAILABLE-FOR-SALE FIXED MATURITY SECURITIES - Schedule of Allowance for Credit Loss for Available-for-Sale Fixed Maturity Securities (Details) - USD ($)
$ in Millions
3 Months Ended
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2023
Mar. 31, 2023
Debt Securities, Available-for-Sale, Allowance for Credit Loss [Roll Forward]        
Beginning balance $ (32) $ (30) $ (23) $ (30)
Credit losses recognized on securities for which credit losses were not previously recorded (14) (12) (30) (6)
Reductions for securities sold during the period 0 1 1 15
Changes in previously recorded allowance 3 9 13 (2)
Ending balance (43) (32) (39) (23)
Corporate debt securities        
Debt Securities, Available-for-Sale, Allowance for Credit Loss [Roll Forward]        
Beginning balance (24) (19) (13) (24)
Credit losses recognized on securities for which credit losses were not previously recorded (14) (12) (17) (1)
Reductions for securities sold during the period 0 1 1 13
Changes in previously recorded allowance 3 6 6 (1)
Ending balance (35) (24) (23) (13)
Residential mortgage-backed securities        
Debt Securities, Available-for-Sale, Allowance for Credit Loss [Roll Forward]        
Beginning balance 0 (1) 0 0
Credit losses recognized on securities for which credit losses were not previously recorded 0 0 0 0
Reductions for securities sold during the period 0 0 0 0
Changes in previously recorded allowance 0 1 0 0
Ending balance 0 0 0 0
Commercial mortgage-backed securities        
Debt Securities, Available-for-Sale, Allowance for Credit Loss [Roll Forward]        
Beginning balance (6) (6) 0 0
Credit losses recognized on securities for which credit losses were not previously recorded 0 0 0 0
Reductions for securities sold during the period 0 0 0 0
Changes in previously recorded allowance 0 0 0 0
Ending balance (6) (6) 0 0
Collateralized debt securities        
Debt Securities, Available-for-Sale, Allowance for Credit Loss [Roll Forward]        
Beginning balance (2) (4) (10) (6)
Credit losses recognized on securities for which credit losses were not previously recorded 0 0 (13) (5)
Reductions for securities sold during the period 0 0 0 2
Changes in previously recorded allowance 0 2 7 (1)
Ending balance $ (2) $ (2) $ (16) $ (10)