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DERIVATIVES - Financial Statement Impact of Derivatives By Category (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Derivatives, Fair Value [Line Items]      
Net Derivatives Gain (Losses) $ (2,551) $ (2,397) $ 907
Net Investment Income 4,896 4,320 3,315
Total derivative instruments      
Derivatives, Fair Value [Line Items]      
Net Derivatives Gain (Losses) (2,551) (2,397) 907
Net Investment Income 5 71 7
Interest Credited To Policyholders Account Balances (49) (23) (4)
AOCI 109 (52) 230
Not Designated for Hedge Accounting      
Derivatives, Fair Value [Line Items]      
Net Derivatives Gain (Losses) 4,709 3,669 (1,981)
Net Investment Income 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0
AOCI 0 0 0
Not Designated for Hedge Accounting | Currency swaps      
Derivatives, Fair Value [Line Items]      
Net Derivatives Gain (Losses) 29 (23) 10
Net Investment Income 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0
AOCI 0 0 0
Not Designated for Hedge Accounting | Interest swaps      
Derivatives, Fair Value [Line Items]      
Net Derivatives Gain (Losses) (322) 12 (492)
Net Investment Income 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0
AOCI 0 0 0
Not Designated for Hedge Accounting | Futures      
Derivatives, Fair Value [Line Items]      
Net Derivatives Gain (Losses) 358 (73) 285
Net Investment Income 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0
AOCI 0 0 0
Not Designated for Hedge Accounting | Swaps      
Derivatives, Fair Value [Line Items]      
Net Derivatives Gain (Losses) (1,831) (1,990) 2,644
Net Investment Income 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0
AOCI 0 0 0
Not Designated for Hedge Accounting | Options      
Derivatives, Fair Value [Line Items]      
Net Derivatives Gain (Losses) 6,597 5,711 (2,750)
Net Investment Income 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0
AOCI 0 0 0
Not Designated for Hedge Accounting | Futures      
Derivatives, Fair Value [Line Items]      
Net Derivatives Gain (Losses) (121) 39 (1,688)
Net Investment Income 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0
AOCI 0 0 0
Not Designated for Hedge Accounting | Credit default swaps      
Derivatives, Fair Value [Line Items]      
Net Derivatives Gain (Losses) (3) (7) 7
Net Investment Income 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0
AOCI 0 0 0
Not Designated for Hedge Accounting | Currency forwards      
Derivatives, Fair Value [Line Items]      
Net Derivatives Gain (Losses) 2 0 3
Net Investment Income 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0
AOCI 0 0 0
Not Designated for Hedge Accounting | Margin      
Derivatives, Fair Value [Line Items]      
Net Derivatives Gain (Losses) 0 0  
Net Investment Income 0 0  
Interest Credited To Policyholders Account Balances 0 0  
AOCI 0 0  
Not Designated for Hedge Accounting | Collateral      
Derivatives, Fair Value [Line Items]      
Net Derivatives Gain (Losses) 0 0  
Net Investment Income 0 0  
Interest Credited To Policyholders Account Balances 0 0  
AOCI 0 0  
Not Designated for Hedge Accounting | Total embedded derivatives      
Derivatives, Fair Value [Line Items]      
Net Derivatives Gain (Losses) (7,250) (6,044) 2,955
Net Investment Income 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0
AOCI 0 0 0
Not Designated for Hedge Accounting | SCS, SIO, MSO and IUL Indexed Features      
Derivatives, Fair Value [Line Items]      
Net Derivatives Gain (Losses) (7,250) (6,044) 2,955
Net Investment Income 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0
AOCI 0 0 0
Cash Flow Hedge | Designated for Hedge Accounting      
Derivatives, Fair Value [Line Items]      
Net Derivatives Gain (Losses) (10) (22) (67)
Net Investment Income 5 71 7
Interest Credited To Policyholders Account Balances (49) (23) (4)
AOCI 109 (52) 230
Cash Flow Hedge | Designated for Hedge Accounting | Currency swaps      
Derivatives, Fair Value [Line Items]      
Net Derivatives Gain (Losses) (10) (4) 19
Net Investment Income 16 13 7
Interest Credited To Policyholders Account Balances (49) (23) (4)
AOCI 77 (12) 24
Cash Flow Hedge | Designated for Hedge Accounting | Interest swaps      
Derivatives, Fair Value [Line Items]      
Net Derivatives Gain (Losses) 0 (18) (86)
Net Investment Income (11) 58 0
Interest Credited To Policyholders Account Balances 0 0 0
AOCI $ 32 $ (40) $ 206