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NET INVESTMENT INCOME AND INVESTMENT RELATED GAINS (LOSSES) (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Net Investment Income [Line Items]        
Total net investment income $ 1,118 $ 444 $ 1,692 $ 840
Total investment related gains (losses) (114) 222 (70) 92
Available-for-sale fixed maturity securities        
Net Investment Income [Line Items]        
Total net investment income 552 216 865 420
Total investment related gains (losses) (30) (40) (18) (68)
Equity securities        
Net Investment Income [Line Items]        
Total net investment income 21 0 32 0
Total investment related gains (losses) 28 245 48 156
Mortgage loans        
Net Investment Income [Line Items]        
Total net investment income 172 76 255 149
Total investment related gains (losses) (3) (1) (11) (12)
Private loans        
Net Investment Income [Line Items]        
Total net investment income 33 22 64 35
Total investment related gains (losses) 1 (3) 5 (3)
Investment real estate        
Net Investment Income [Line Items]        
Total net investment income 38 12 43 27
Total investment related gains (losses) 0 0 (17) 0
Real estate partnerships        
Net Investment Income [Line Items]        
Total net investment income (6) 3 (12) 7
Total investment related gains (losses) 0 0 0 0
Investment funds        
Net Investment Income [Line Items]        
Total net investment income 144 45 187 64
Total investment related gains (losses) 13 0 13 0
Policy loans        
Net Investment Income [Line Items]        
Total net investment income 6 0 12 0
Short-term investments        
Net Investment Income [Line Items]        
Total net investment income 61 70 112 138
Other invested assets        
Net Investment Income [Line Items]        
Total net investment income 97 0 134 0
Short-term investments and other invested assets        
Net Investment Income [Line Items]        
Total investment related gains (losses) $ (123) $ 21 $ (90) $ 19