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FAIR VALUE DISCLOSURES - Fair Value Measurement Reconciliation for All Levels (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Total gains and (losses), realized and unrealized, included in:        
Other $ 0 $ 0    
Transfers into level 3     $ 136 $ 118
Transfers out of level 3     (141) (495)
Level 3 | Corporate        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 2,338 1,950 2,158 2,121
Total gains and (losses), realized and unrealized, included in:        
Net investment income (loss) 2 1 4 3
Investment gains (losses), net (1) (8) (2) (11)
Subtotal 1 (7) 2 (8)
Other comprehensive income (loss) 1 (8) 11 10
Purchases 542 205 757 376
Sales (365) (71) (421) (162)
Settlements 0 0 0 0
Other     0 0
Activity related to consolidated VIEs/VOEs 0 0 0 0
Transfers into level 3 0 11 57 11
Transfers out of level 3 1 (43) (46) (311)
Ending Balance 2,518 2,037 2,518 2,037
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 0 0 0 0
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period 1 (8) 11 9
Level 3 | States and political subdivisions        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 0 28 27 28
Total gains and (losses), realized and unrealized, included in:        
Net investment income (loss) 0 0 0 0
Investment gains (losses), net 0 0 0 0
Subtotal 0 0 0 0
Other comprehensive income (loss) 0 0 0 0
Purchases 0 0 0 0
Sales 0 (1) 0 (1)
Settlements 0 0 0 0
Other     0 0
Activity related to consolidated VIEs/VOEs 0 0 0 0
Transfers into level 3 0 0 0 0
Transfers out of level 3 0 0 (27) 0
Ending Balance 0 27 0 27
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 0 0 0 0
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period 0 0 0 0
Level 3 | Asset-backed        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 71 12 47 0
Total gains and (losses), realized and unrealized, included in:        
Net investment income (loss) 0 0 0 0
Investment gains (losses), net 0 0 0 0
Subtotal 0 0 0 0
Other comprehensive income (loss) 0 0 0 0
Purchases (2) (12) 46 0
Sales (12) 0 (22) 0
Settlements 0 0 0 0
Other     0 0
Activity related to consolidated VIEs/VOEs 0 0 0 0
Transfers into level 3 0 0 0 0
Transfers out of level 3 0 0 (14) 0
Ending Balance 57 0 57 0
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 0 0 0 0
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period 0 0 0 0
Level 3 | RMBS        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance       34
Total gains and (losses), realized and unrealized, included in:        
Net investment income (loss)       0
Investment gains (losses), net       0
Subtotal       0
Other comprehensive income (loss)       0
Purchases       0
Sales       0
Settlements       0
Other       0
Activity related to consolidated VIEs/VOEs       0
Transfers into level 3       0
Transfers out of level 3       (34)
Ending Balance   0   0
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period       0
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period       0
Level 3 | CMBS        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 7 34 7 32
Total gains and (losses), realized and unrealized, included in:        
Net investment income (loss) 0 0 0 0
Investment gains (losses), net 0 0 0 0
Subtotal 0 0 0 0
Other comprehensive income (loss) 0 0 0 0
Purchases 0 0 0 2
Sales 0 0 0 0
Settlements 0 0 0 0
Other     0 0
Activity related to consolidated VIEs/VOEs 0 0 0 0
Transfers into level 3 0 0 0 0
Transfers out of level 3 0 0 0 0
Ending Balance 7 34 7 34
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 0 0 0 0
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period 0 0 0 0
Level 3 | Fixed maturities, at FVO        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 244 196 181 224
Total gains and (losses), realized and unrealized, included in:        
Net investment income (loss) (12) (4) 4 (1)
Investment gains (losses), net 0 (2) 0 (2)
Subtotal (12) (6) 4 (3)
Other comprehensive income (loss) 0 0 0 0
Purchases (33) 62 47 74
Sales (18) (35) (33) (35)
Settlements 0 0 0 0
Other 0 0 0 0
Activity related to consolidated VIEs/VOEs 0 0 0 0
Transfers into level 3 16 51 79 107
Transfers out of level 3 27 (51) (54) (150)
Ending Balance 224 217 224 217
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period (12) (4) 0 0
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period 0 0 31 (2)
Level 3 | Other equity investments        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 58 15 57 17
Total gains and (losses), realized and unrealized, included in:        
Net investment income (loss) 0 0 1 (3)
Investment gains (losses), net 0 0 0 0
Subtotal 0 0 1 (3)
Other comprehensive income (loss) 0 0 0 0
Purchases (38) 44 4 44
Sales 39 0 (3) 0
Settlements 0 0 0 0
Other 0 0 0 0
Activity related to consolidated VIEs/VOEs 0 47 0 47
Transfers into level 3 0 (1) 0 0
Transfers out of level 3 0 0 0 0
Ending Balance 59 105 59 105
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 0 0 1 (3)
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period 0 0 0 0
Level 3 | Trading Securities, at Fair Value        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 61 55 61 55
Total gains and (losses), realized and unrealized, included in:        
Net investment income (loss) 0 0 0 0
Investment gains (losses), net (4) 0 (4) 0
Subtotal (4) 0 (4) 0
Other comprehensive income (loss) 0 0 0 0
Purchases 0 1 0 0
Sales 0 0 0 1
Settlements 0 0 0 0
Other 0 0 0 0
Activity related to consolidated VIEs/VOEs 0 0 0 0
Transfers into level 3 0 0 0 0
Transfers out of level 3 0 0 0 0
Ending Balance 57 56 57 56
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 0 0 (4) 0
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period 0 0 0 0
Level 3 | Separate Accounts Assets        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 1 1   1
Total gains and (losses), realized and unrealized, included in:        
Net investment income (loss) 0 0   0
Investment gains (losses), net 0 0   0
Subtotal 0 0   0
Other comprehensive income (loss) 0 0   0
Purchases (1) 0   0
Sales 0 0   0
Settlements 0 0   0
Other 0 0   0
Activity related to consolidated VIEs/VOEs 0 0   0
Transfers into level 3 0 0   0
Transfers out of level 3 0 0   0
Ending Balance 0 1 0 1
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 0 0   0
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period 0 0   0
Level 3 | Contingent Payment Arrangement        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance (254) (248) (253) (247)
Total gains and (losses), realized and unrealized, included in:        
Net investment income (loss) 0 0 0 0
Investment gains (losses), net 0 0 0 0
Subtotal 0 0 0 0
Other comprehensive income (loss) 0 0 0 0
Purchases 0 0 0 0
Sales 0 0 0 0
Settlements 2 0 3 1
Other (3) (2) (5) (4)
Activity related to consolidated VIEs/VOEs 0 0 0 0
Transfers into level 3 0 0 0 0
Transfers out of level 3 0 0 0 0
Ending Balance (255) (250) (255) (250)
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 0 0 0 0
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period $ 0 $ 0 $ 0 $ 0