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CLOSED BLOCK - Closed Block Summarized Financial Information (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Closed Block Liabilities:    
Future policy benefits, policyholders’ account balances and other $ 5,461 $ 5,692
Other liabilities 57 68
Total Closed Block liabilities 5,518 5,760
Assets Designated to the Closed Block:    
Fixed maturities AFS, at fair value (amortized cost of $2,945 and $3,171) (allowance for credit losses of $0 and $0) 2,800 2,948
Mortgage loans on real estate (net of allowance for credit losses of $13 and $4) 1,612 1,645
Policy loans 554 569
Cash and other invested assets 58 0
Other assets 150 187
Total assets designated to the Closed Block 5,174 5,349
Excess of Closed Block liabilities over assets designated to the Closed Block 344 411
Amounts included in AOCI:    
Net unrealized investment gains (losses), net of policyholders’ dividend obligation: $0 and $0; and net of income tax: $31 and $47 (115) (177)
Maximum future earnings to be recognized from Closed Block assets and liabilities 229 234
Amortized cost of fixed maturity AFS 2,945 3,171
Allowance for credit losses of fixed maturities AFS 0 0
Allowance for credit losses of mortgage loans on real estates 13 4
Policy holders' dividend obligations 0 0
Income tax $ 31 $ 47