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DAC AND OTHER DEFERRED ASSETS/LIABILITIES - DAC Credits (Details) - USD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2022
GMxB Core |  |  |
Movement in Deferred Sales Inducements [Roll Forward] |  |  |
Balance, beginning of year | $ 127 | $ 137 | $ 147
Capitalization | 2 | 2 | 2
Amortization | (12) | (12) | (12)
Balance, end of year | 117 | 127 | 137
GMxB Legacy |  |  |
Movement in Deferred Sales Inducements [Roll Forward] |  |  |
Balance, beginning of year | 179 | 200 | 222
Capitalization | 0 | 0 | 0
Amortization | (19) | (21) | (22)
Balance, end of year | 160 | 179 | 200
UL |  |  |
Movement in Deferred Revenue [Roll Forward] |  |  |
Balance, beginning of period | 107 | 95 | 80
Capitalization | 15 | 19 | 21
Amortization | (8) | (7) | (6)
Balance, end of period | 114 | 107 | 95
VUL |  |  |
Movement in Deferred Revenue [Roll Forward] |  |  |
Balance, beginning of period | 754 | 684 | 619
Capitalization | 135 | 115 | 105
Amortization | (49) | (45) | (40)
Balance, end of period | 840 | 754 | 684
IUL |  |  |
Movement in Deferred Revenue [Roll Forward] |  |  |
Balance, beginning of period | 210 | 157 | 94
Capitalization | 55 | 64 | 71
Amortization | (15) | (11) | (8)
Balance, end of period | $ 250 | $ 210 | $ 157

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