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CLOSED BLOCK - Closed Block Summarized Financial Information (Details) - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Closed Block Liabilities:    
Future policy benefits, policyholders’ account balances and other $ 5,100 $ 5,213
Other liabilities 47 62
Total Closed Block liabilities 5,147 5,275
Allowance for credit losses of fixed maturities AFS 0 0
Assets Designated to the Closed Block:    
Fixed maturities AFS, at fair value (amortized cost of $2,674 and $2,888) (allowance for credit losses of $0 and$0) 2,591 2,746
Mortgage loans on real estate (net of allowance for credit losses of $22 and $21) 1,498 1,531
Policy loans 510 523
Cash and other invested assets 161 17
Other assets 107 130
Total assets designated to the Closed Block 4,867 4,947
Excess of Closed Block liabilities over assets designated to the Closed Block 280 328
Amounts included in AOCI:    
Net unrealized investment gains (losses), net of income tax: $17 and $30 (66) (112)
Maximum future earnings to be recognized from Closed Block assets and liabilities 214 216
Amortized cost of fixed maturity AFS 2,674 2,888
Allowance for credit losses of mortgage loans on real estates 22 21
Income tax on net unrealized investment gains (losses) $ 17 $ 30