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REVISION OF PRIOR PERIOD FINANCIAL STATEMENTS - Cash Flow (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:        
Net income (loss) $ (283) $ 565 $ (133) $ 760
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:        
Interest credited to policyholders’ account balances 796 599 1,474 1,178
Non-cash long term incentive compensation expense     48 53
Amortization and depreciation     433 434
Remeasurement of liability for future policy benefits (13) (7) (15) (2)
Change in market risk benefits $ (606) (132) 66 (1,220)
Reinsurance recoverable     (562) (628)
Future policy benefits     201 275
Current and deferred income taxes     (129) 149
Other, net     (93) 205
Net cash provided by (used in) operating activities     $ 499 923
As Previously 
Reported        
Cash flows from operating activities:        
Net income (loss)   565   782
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:        
Interest credited to policyholders’ account balances   605   1,171
Amortization and depreciation       429
Remeasurement of liability for future policy benefits   (8)   (7)
Change in market risk benefits   (133)   (1,233)
Reinsurance recoverable       (626)
Current and deferred income taxes       155
Net cash provided by (used in) operating activities       923
Impact of Revisions        
Cash flows from operating activities:        
Net income (loss)   0   (22)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:        
Interest credited to policyholders’ account balances   (6)   7
Amortization and depreciation       5
Remeasurement of liability for future policy benefits   1   5
Change in market risk benefits   $ 1   13
Reinsurance recoverable       (2)
Current and deferred income taxes       (6)
Net cash provided by (used in) operating activities       $ 0