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DERIVATIVE INSTRUMENTS - Schedule of Offsetting Derivatives (Details) - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Derivative assets:    
Gross amount of derivative instruments $ 1,244 $ 1,391
Gross amounts offset in the statements of financial position (84) (30)
Net amount presented on the statements of financial position 1,160 1,361
Collateral (received) pledged in cash (987) (1,298)
Collateral (received) pledged in invested assets (21) 0
Exposure net of collateral 152 63
Derivative liabilities:    
Gross amount of derivative instruments (253) (57)
Gross amounts offset in the statements of financial position 84 30
Net amount presented on the statements of financial position (169) (27)
Collateral (received) pledged in cash 0 0
Collateral (received) pledged in invested assets 1 23
Exposure net of collateral (168) (4)
Collaterals held in cash and invested assets that are excess collateral 59 76
Equity-indexed options    
Derivative assets:    
Gross amount of derivative instruments 1,118 1,311
Gross amounts offset in the statements of financial position (65) (5)
Net amount presented on the statements of financial position 1,053 1,306
Collateral (received) pledged in cash (987) (1,298)
Collateral (received) pledged in invested assets (21) 0
Exposure net of collateral 45 8
Derivative liabilities:    
Gross amount of derivative instruments (3) (5)
Gross amounts offset in the statements of financial position 3 5
Net amount presented on the statements of financial position 0 0
Collateral (received) pledged in cash 0 0
Collateral (received) pledged in invested assets 0 0
Exposure net of collateral 0 0
Equity total return swaps    
Derivative assets:    
Gross amount of derivative instruments 19 1
Gross amounts offset in the statements of financial position 0 0
Net amount presented on the statements of financial position 19 1
Collateral (received) pledged in cash 0 0
Collateral (received) pledged in invested assets 0 0
Exposure net of collateral 19 1
Derivative liabilities:    
Gross amount of derivative instruments (4) 0
Gross amounts offset in the statements of financial position 0 0
Net amount presented on the statements of financial position (4) 0
Collateral (received) pledged in cash 0 0
Collateral (received) pledged in invested assets 0 0
Exposure net of collateral (4) 0
Foreign exchange forwards    
Derivative assets:    
Gross amount of derivative instruments 12 55
Gross amounts offset in the statements of financial position (12) (1)
Net amount presented on the statements of financial position 0 54
Collateral (received) pledged in cash 0 0
Collateral (received) pledged in invested assets 0 0
Exposure net of collateral 0 54
Derivative liabilities:    
Gross amount of derivative instruments (222) (27)
Gross amounts offset in the statements of financial position 74 7
Net amount presented on the statements of financial position (148) (20)
Collateral (received) pledged in cash 0 0
Collateral (received) pledged in invested assets 1 18
Exposure net of collateral (147) (2)
Cross currency swaps    
Derivative assets:    
Gross amount of derivative instruments 56 9
Gross amounts offset in the statements of financial position (2) (9)
Net amount presented on the statements of financial position 54 0
Collateral (received) pledged in cash 0 0
Collateral (received) pledged in invested assets 0 0
Exposure net of collateral 54 0
Derivative liabilities:    
Gross amount of derivative instruments (19) (16)
Gross amounts offset in the statements of financial position 2 9
Net amount presented on the statements of financial position (17) (7)
Collateral (received) pledged in cash 0 0
Collateral (received) pledged in invested assets 0 5
Exposure net of collateral (17) (2)
Interest rate swaps    
Derivative assets:    
Gross amount of derivative instruments 39 15
Gross amounts offset in the statements of financial position (5) (15)
Net amount presented on the statements of financial position 34 0
Collateral (received) pledged in cash 0 0
Collateral (received) pledged in invested assets 0 0
Exposure net of collateral 34 0
Derivative liabilities:    
Gross amount of derivative instruments (5) (9)
Gross amounts offset in the statements of financial position 5 9
Net amount presented on the statements of financial position 0 0
Collateral (received) pledged in cash 0 0
Collateral (received) pledged in invested assets 0 0
Exposure net of collateral $ 0 $ 0