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REINSURANCE - Effects of Reinsurance (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Reinsurance Disclosures [Abstract]
Direct charges and fee income	$ 3,093	$ 3,145	$ 3,380
Reinsurance assumed	3	0	0
Reinsurance ceded	(716)	(691)	(613)
Policy charges and fee income	2,380	2,454	2,767
Direct premiums	1,175	1,042	970
Reinsurance assumed	174	180	189
Reinsurance ceded	(245)	(228)	(199)
Premiums	1,104	994	960
Direct policyholders’ benefits	3,315	3,262	3,297
Reinsurance assumed	157	179	212
Reinsurance ceded	(718)	(725)	(721)
Policyholders’ benefits	2,754	2,716	2,788
Direct interest credited to policyholders’ account balances	2,174	1,440	1,226
Reinsurance ceded	(91)	(30)	(7)
Interest credited to policyholders’ account balances	$ 2,083	$ 1,410	$ 1,219

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