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BUSINESS SEGMENT INFORMATION - Operating Earning (Loss) By Segment (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Segment Reporting Information [Line Items]      
Segment revenues $ 14,990 $ 13,621 $ 12,826
Benefits and other deductions      
Policyholders’ benefits 2,696 2,760 2,628
Interest credited to policyholders’ account balances 2,511 2,083 1,410
Commissions and distribution-related payments 1,896 1,590 1,567
Amortization of deferred policy acquisition costs 711 641 586
Compensation and benefits 2,367 2,269 2,109
Interest expense and financing fees 241 252 226
Total benefits and other deductions 10,422 9,595 8,526
Other segment items 1,638 1,561 1,778
Income taxes (455) (401) (449)
Less: Operating (earnings) loss attributable to the noncontrolling interest 468 370 347
Operating earnings (loss) 2,007 1,694 1,726
Operating Segments | Individual Retirement      
Segment Reporting Information [Line Items]      
Segment revenues 3,656 2,913 2,279
Benefits and other deductions      
Policyholders’ benefits 324 299 222
Interest credited to policyholders’ account balances 1,208 708 327
Commissions and distribution-related payments 356 262 236
Amortization of deferred policy acquisition costs 460 388 334
Compensation and benefits 48 57 21
Interest expense and financing fees 0 1 1
Total benefits and other deductions 2,396 1,715 1,141
Other segment items 154 138 145
Income taxes (153) (176) (173)
Less: Operating (earnings) loss attributable to the noncontrolling interest 0 0 0
Operating earnings (loss) 953 884 820
Operating Segments | Group Retirement      
Segment Reporting Information [Line Items]      
Segment revenues 1,194 1,021 1,158
Benefits and other deductions      
Policyholders’ benefits 0 0 0
Interest credited to policyholders’ account balances 227 215 281
Commissions and distribution-related payments 170 155 154
Amortization of deferred policy acquisition costs 54 59 59
Compensation and benefits 37 27 18
Interest expense and financing fees 0 0 1
Total benefits and other deductions 488 456 513
Other segment items 100 86 105
Income taxes (84) (80) (94)
Less: Operating (earnings) loss attributable to the noncontrolling interest 0 0 0
Operating earnings (loss) 522 399 446
Operating Segments | Asset Management      
Segment Reporting Information [Line Items]      
Segment revenues 4,479 4,117 4,105
Benefits and other deductions      
Policyholders’ benefits 0 0 0
Interest credited to policyholders’ account balances 0 0 0
Commissions and distribution-related payments 742 610 630
Amortization of deferred policy acquisition costs 0 0 0
Compensation and benefits 1,788 1,736 1,647
Interest expense and financing fees 44 54 18
Total benefits and other deductions 2,574 2,400 2,295
Other segment items 821 831 872
Income taxes (178) (126) (162)
Less: Operating (earnings) loss attributable to the noncontrolling interest 427 349 352
Operating earnings (loss) 479 411 424
Operating Segments | Protection Solutions      
Segment Reporting Information [Line Items]      
Segment revenues 3,329 3,180 3,120
Benefits and other deductions      
Policyholders’ benefits 1,901 1,975 1,896
Interest credited to policyholders’ account balances 534 520 511
Commissions and distribution-related payments 172 158 142
Amortization of deferred policy acquisition costs 125 120 117
Compensation and benefits 137 116 76
Interest expense and financing fees 1 5 1
Total benefits and other deductions 2,870 2,894 2,743
Other segment items 243 225 260
Income taxes (30) (10) (20)
Less: Operating (earnings) loss attributable to the noncontrolling interest 0 0 0
Operating earnings (loss) 186 51 97
Operating Segments | Wealth Management      
Segment Reporting Information [Line Items]      
Segment revenues 1,796 1,551 1,446
Benefits and other deductions      
Policyholders’ benefits 0 0 0
Interest credited to policyholders’ account balances 0 0 0
Commissions and distribution-related payments 1,133 968 940
Amortization of deferred policy acquisition costs 0 0 0
Compensation and benefits 314 285 313
Interest expense and financing fees 0 0 0
Total benefits and other deductions 1,447 1,253 1,253
Other segment items 105 88 57
Income taxes (60) (51) (35)
Less: Operating (earnings) loss attributable to the noncontrolling interest 0 0 0
Operating earnings (loss) 184 159 101
Operating Segments | Legacy      
Segment Reporting Information [Line Items]      
Segment revenues 498 531 568
Benefits and other deductions      
Policyholders’ benefits 1 0 1
Interest credited to policyholders’ account balances 33 36 40
Commissions and distribution-related payments 160 171 186
Amortization of deferred policy acquisition costs 62 63 65
Compensation and benefits 30 28 11
Interest expense and financing fees 0 0 0
Total benefits and other deductions 286 298 303
Other segment items 60 52 50
Income taxes (21) (30) (38)
Less: Operating (earnings) loss attributable to the noncontrolling interest 0 0 0
Operating earnings (loss) 131 151 177
Corporate and Other      
Segment Reporting Information [Line Items]      
Segment revenues 944 1,118 910
Benefits and other deductions      
Policyholders’ benefits 470 486 509
Interest credited to policyholders’ account balances 509 604 251
Commissions and distribution-related payments 20 18 15
Amortization of deferred policy acquisition costs 10 11 11
Compensation and benefits 13 20 23
Interest expense and financing fees 222 229 205
Total benefits and other deductions 1,244 1,368 1,014
Other segment items 178 162 313
Income taxes 71 72 73
Less: Operating (earnings) loss attributable to the noncontrolling interest 41 21 (5)
Operating earnings (loss) (448) (361) (339)
Eliminations      
Segment Reporting Information [Line Items]      
Segment revenues (906) (810) (760)
Benefits and other deductions      
Policyholders’ benefits 0 0 0
Interest credited to policyholders’ account balances 0 0 0
Commissions and distribution-related payments (857) (752) (736)
Amortization of deferred policy acquisition costs 0 0 0
Compensation and benefits 0 0 0
Interest expense and financing fees (26) (37) 0
Total benefits and other deductions (883) (789) (736)
Other segment items (23) (21) (24)
Income taxes 0 0 0
Less: Operating (earnings) loss attributable to the noncontrolling interest 0 0 0
Operating earnings (loss) $ 0 $ 0 $ 0