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BUSINESS SEGMENT INFORMATION - Operating Earning (Loss) By Segment (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Segment Reporting Information [Line Items]    
Segment revenues $ 3,784 $ 3,639
Benefits and other deductions    
Policyholders’ benefits 759 677
Interest credited to policyholders’ account balances 663 579
Commissions and distribution-related payments 501 437
Amortization of deferred policy acquisition costs 188 172
Compensation and benefits 592 599
Interest expense and financing fees 58 63
Total benefits and other deductions 2,761 2,527
Other segment items 391 417
Income taxes (102) (110)
Less: Operating (earnings) loss attributable to the noncontrolling interest 109 108
Operating earnings (loss) 421 477
Operating Segments | Individual Retirement    
Segment Reporting Information [Line Items]    
Segment revenues 997 840
Benefits and other deductions    
Policyholders’ benefits 92 77
Interest credited to policyholders’ account balances 365 248
Commissions and distribution-related payments 98 77
Amortization of deferred policy acquisition costs 124 109
Compensation and benefits 18 17
Interest expense and financing fees 0 0
Total benefits and other deductions 697 528
Other segment items 45 34
Income taxes (39) (40)
Less: Operating (earnings) loss attributable to the noncontrolling interest 0 0
Operating earnings (loss) 216 238
Operating Segments | Group Retirement    
Segment Reporting Information [Line Items]    
Segment revenues 316 291
Benefits and other deductions    
Policyholders’ benefits 0 0
Interest credited to policyholders’ account balances 63 52
Commissions and distribution-related payments 43 44
Amortization of deferred policy acquisition costs 15 15
Compensation and benefits 12 10
Interest expense and financing fees 0 0
Total benefits and other deductions 133 121
Other segment items 30 25
Income taxes (23) (21)
Less: Operating (earnings) loss attributable to the noncontrolling interest 0 0
Operating earnings (loss) 130 124
Operating Segments | Asset Management    
Segment Reporting Information [Line Items]    
Segment revenues 1,088 1,093
Benefits and other deductions    
Policyholders’ benefits 0 0
Interest credited to policyholders’ account balances 0 0
Commissions and distribution-related payments 201 173
Amortization of deferred policy acquisition costs 0 0
Compensation and benefits 422 447
Interest expense and financing fees 7 17
Total benefits and other deductions 630 637
Other segment items 185 208
Income taxes (41) (44)
Less: Operating (earnings) loss attributable to the noncontrolling interest 106 98
Operating earnings (loss) 126 106
Operating Segments | Protection Solutions    
Segment Reporting Information [Line Items]    
Segment revenues 826 824
Benefits and other deductions    
Policyholders’ benefits 556 487
Interest credited to policyholders’ account balances 121 128
Commissions and distribution-related payments 42 40
Amortization of deferred policy acquisition costs 32 30
Compensation and benefits 38 36
Interest expense and financing fees 2 0
Total benefits and other deductions 791 721
Other segment items 54 52
Income taxes 3 (7)
Less: Operating (earnings) loss attributable to the noncontrolling interest 1 0
Operating earnings (loss) (17) 44
Operating Segments | Wealth Management    
Segment Reporting Information [Line Items]    
Segment revenues 463 423
Benefits and other deductions    
Policyholders’ benefits 0 0
Interest credited to policyholders’ account balances 0 0
Commissions and distribution-related payments 293 260
Amortization of deferred policy acquisition costs 0 0
Compensation and benefits 82 78
Interest expense and financing fees 0 0
Total benefits and other deductions 375 338
Other segment items 27 27
Income taxes (15) (15)
Less: Operating (earnings) loss attributable to the noncontrolling interest 0 0
Operating earnings (loss) 46 43
Operating Segments | Legacy    
Segment Reporting Information [Line Items]    
Segment revenues 120 129
Benefits and other deductions    
Policyholders’ benefits 0 0
Interest credited to policyholders’ account balances 7 9
Commissions and distribution-related payments 36 40
Amortization of deferred policy acquisition costs 15 16
Compensation and benefits 7 9
Interest expense and financing fees 0 0
Total benefits and other deductions 65 74
Other segment items 27 16
Income taxes (4) (6)
Less: Operating (earnings) loss attributable to the noncontrolling interest 0 0
Operating earnings (loss) 24 33
Corporate and Other    
Segment Reporting Information [Line Items]    
Segment revenues 204 255
Benefits and other deductions    
Policyholders’ benefits 111 113
Interest credited to policyholders’ account balances 107 142
Commissions and distribution-related payments 6 3
Amortization of deferred policy acquisition costs 2 2
Compensation and benefits 13 2
Interest expense and financing fees 53 56
Total benefits and other deductions 292 318
Other segment items 31 61
Income taxes 17 23
Less: Operating (earnings) loss attributable to the noncontrolling interest 2 10
Operating earnings (loss) (104) (111)
Eliminations    
Segment Reporting Information [Line Items]    
Segment revenues (230) (216)
Benefits and other deductions    
Policyholders’ benefits 0 0
Interest credited to policyholders’ account balances 0 0
Commissions and distribution-related payments (218) (200)
Amortization of deferred policy acquisition costs 0 0
Compensation and benefits 0 0
Interest expense and financing fees (4) (10)
Total benefits and other deductions (222) (210)
Other segment items (8) (6)
Income taxes 0 0
Less: Operating (earnings) loss attributable to the noncontrolling interest 0 0
Operating earnings (loss) $ 0 $ 0