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CLOSED BLOCK - Closed Block Summarized Financial Information (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Mar. 31, 2023
Jun. 30, 2023
Dec. 31, 2022
Closed Block Liabilities:      
Future policy benefits, policyholders’ account balances and other   $ 5,564 $ 5,692
Policyholder dividend obligation   0 0
Other liabilities   129 68
Total Closed Block liabilities   5,693 5,760
Assets Designated to the Closed Block:      
Fixed maturities AFS, at fair value (amortized cost of $3,065 and $3,171) (allowance for credit losses of $0 and $0)   2,857 2,948
Mortgage loans on real estate (net of allowance for credit losses of $4 and $4)   1,649 1,645
Policy loans   556 569
Cash and other invested assets   16 0
Other assets   221 187
Total assets designated to the Closed Block   5,299 5,349
Excess of Closed Block liabilities over assets designated to the Closed Block   394 411
Amounts included in AOCI:      
Net unrealized investment gains (losses), net of policyholders’ dividend obligation: $0 and $0; and net of income tax: $44 and $47   (164) (177)
Maximum future earnings to be recognized from Closed Block assets and liabilities   230 234
Fixed maturity available for sale, amortized cost   3,065 3,171
Fixed maturities available-for-sale, allowance for credit losses   0 0
Mortgage loans, credit losses   (4) (4)
Unrealized investment gains (losses) $ 0 0  
Closed block operations, income taxes   $ 44 $ 47