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REINSURANCE - Effects of Reinsurance (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Reinsurance Disclosures [Abstract]        
Direct charges and fee income $ 805 $ 809 $ 2,396 $ 2,406
Reinsurance assumed 0 0 0 0
Reinsurance ceded (334) (183) (663) (549)
Policy charges and fee income 471 626 1,733 1,857
Direct premiums 276 332 865 933
Reinsurance assumed 45 40 125 130
Reinsurance ceded (63) (60) (168) (184)
Premiums 258 312 822 879
Direct policyholders’ benefits 764 799 2,684 2,468
Reinsurance assumed 43 31 118 114
Reinsurance ceded (355) (167) (804) (575)
Policyholders’ benefits 452 663 1,998 2,007
Direct interest credited to policyholders’ account balances 876 708 2,394 1,940
Reinsurance ceded (78) (7) (122) (61)
Interest credited to policyholders’ account balances $ 798 $ 701 $ 2,272 $ 1,879