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REVISION OF PRIOR PERIOD FINANCIAL STATEMENTS - Cash Flow (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2025
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Sep. 30, 2023
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:                          
Net income (loss) $ 150 $ 28 $ 565 $ 195 $ 1,119 $ 832 $ 760 $ 1,093 $ 788 $ 2,212 $ 1,796 $ 1,624 $ 2,381
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:                          
Interest credited to policyholders’ account balances 678 701 599 579 552 498 1,178 948 1,879 1,500 2,493 2,041 1,415
Non-cash long term incentive compensation expense 26     25                 275
Amortization and depreciation 213     241     434 401 646 581 868 821 654
Remeasurement of liability for future policy benefits (2) (1) (7) 5 83   (2)   (3) 80 (6) 86  
Change in market risk benefits 672 97 (132) (1,088) (819) (986) (1,220) (945) (1,123) (1,764) (1,940) (1,815) (1,233)
Reinsurance recoverable (307)     (377)     (628)   (614) (1,104) (868) (1,469)  
Future policy benefits 28     117           197   329 (510)
Current and deferred income taxes 6     79     149 (1,179) 176 (874) 315 (1,168) 467
Other, net (72)     (166)       56 257 580 132 (187) (102)
Net cash provided by (used in) operating activities $ 158     31     923 (226) 1,606 185 2,006 (208) (250)
As Previously 
Reported                          
Cash flows from operating activities:                          
Net income (loss)   26 565 217 1,135 831 782 1,097 808 2,232 1,823 1,643 2,394
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:                          
Interest credited to policyholders’ account balances   708 605 566 556 501 1,171 964 1,879 1,520 2,499 2,083 1,410
Non-cash long term incentive compensation expense                         286
Amortization and depreciation       240     429 380 640 576 860 812 636
Remeasurement of liability for future policy benefits   16 (8) 1 49   (7)   9 46 6 75  
Change in market risk benefits   79 (133) (1,100) (817) (975) (1,233) (955) (1,154) (1,772) (1,971) (1,807) (1,280)
Reinsurance recoverable       (375)     (626)   (612) (1,106) (866) (1,471)  
Future policy benefits                   196   329 (495)
Current and deferred income taxes       85     155 (1,177) 181 (868) 322 (1,163) 470
Other, net               65 255 584 117 (239) (74)
Net cash provided by (used in) operating activities       31     923 (226) 1,606 185 2,006 (208) (250)
Impact of Revisions                          
Cash flows from operating activities:                          
Net income (loss)   2 0 (22) (16) 1 (22) (4) (20) (20) (27) (19) (13)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:                          
Interest credited to policyholders’ account balances   (7) (6) 13 (4) (3) 7 (16) 0 (20) (6) (42) 5
Non-cash long term incentive compensation expense                         (11)
Amortization and depreciation       1     5 21 6 5 8 9 18
Remeasurement of liability for future policy benefits   (17) 1 4 34   5   (12) 34 (12) 11  
Change in market risk benefits   $ 18 $ 1 12 $ (2) $ (11) 13 10 31 8 31 (8) 47
Reinsurance recoverable       (2)     (2)   (2) 2 (2) 2  
Future policy benefits                   1   0 (15)
Current and deferred income taxes       (6)     (6) (2) (5) (6) (7) (5) (3)
Other, net               (9) 2 (4) 15 52 (28)
Net cash provided by (used in) operating activities       $ 0     $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0