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DAC AND OTHER DEFERRED ASSETS/LIABILITIES - DAC Credits (Details) - USD ($) $ in Millions | 3 Months Ended
--- | ---
Mar. 31, 2025 | Mar. 31, 2024
GMxB Core |  |
Movement in Deferred Sales Inducements [Roll Forward] |  |
Balance, beginning of year | $ 117 | $ 127
Capitalization | 0 | 1
Amortization | (3) | (3)
Balance, end of year | 114 | 125
GMxB Legacy |  |
Movement in Deferred Sales Inducements [Roll Forward] |  |
Balance, beginning of year | 160 | 179
Capitalization | 0 | 0
Amortization | (5) | (5)
Balance, end of year | 155 | 174
UL |  |
Movement in Deferred Revenue [Roll Forward] |  |
Balance, beginning of period | 114 | 107
Capitalization | 3 | 4
Amortization | (2) | (2)
Balance, end of period | 115 | 109
VUL |  |
Movement in Deferred Revenue [Roll Forward] |  |
Balance, beginning of period | 840 | 754
Capitalization | 37 | 32
Amortization | (13) | (12)
Balance, end of period | 864 | 774
IUL |  |
Movement in Deferred Revenue [Roll Forward] |  |
Balance, beginning of period | 250 | 210
Capitalization | 12 | 14
Amortization | (4) | (3)
Balance, end of period | $ 258 | $ 221

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