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INVESTMENTS - Summary of Fixed Maturity and Equity Securities by Security Type (Details) - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Fair Value    
Less than 12 months $ 6,007 $ 15,215
Greater than 12 months 14,734 4,432
Total 20,741 19,647
Gross Unrealized Depreciation    
Less than 12 months (252) (1,217)
Greater than 12 months (1,631) (764)
Total (1,883) (1,982)
No Recorded Allowance for Credit Losses    
Fair Value    
Less than 12 months 6,004 15,213
Greater than 12 months 14,734 4,432
Total 20,738 19,645
Gross Unrealized Depreciation    
Less than 12 months (250) (1,217)
Greater than 12 months (1,630) (764)
Total (1,881) (1,982)
U.S. Treasury securities and obligations of U.S. government agencies and corporations    
Fair Value    
Less than 12 months 198 668
Greater than 12 months 877 487
Total 1,075 1,155
Gross Unrealized Depreciation    
Less than 12 months (12) (31)
Greater than 12 months (70) (52)
Total (82) (82)
Obligations of U.S. states and political subdivisions    
Fair Value    
Less than 12 months 77 235
Greater than 12 months 199 27
Total 276 261
Gross Unrealized Depreciation    
Less than 12 months (1) (23)
Greater than 12 months (29) (9)
Total (30) (32)
Corporate Securities    
Fair Value    
Less than 12 months 1,877 4,143
Greater than 12 months 3,982 1,316
Total 5,859 5,459
Gross Unrealized Depreciation    
Less than 12 months (114) (326)
Greater than 12 months (438) (234)
Total (553) (561)
Asset-backed Securities    
Fair Value    
Less than 12 months 1,120 3,204
Greater than 12 months 2,490 456
Total 3,610 3,661
Gross Unrealized Depreciation    
Less than 12 months (24) (142)
Greater than 12 months (93) (29)
Total (117) (171)
Commercial    
Fair Value    
Less than 12 months 87 806
Greater than 12 months 873 101
Total 961 907
Gross Unrealized Depreciation    
Less than 12 months (2) (90)
Greater than 12 months (110) (15)
Total (113) (105)
Agency Residential    
Fair Value    
Less than 12 months 1,067 1,905
Greater than 12 months 1,948 870
Total 3,015 2,776
Gross Unrealized Depreciation    
Less than 12 months (33) (132)
Greater than 12 months (259) (158)
Total (292) (289)
Non-agency Residential    
Fair Value    
Less than 12 months 57 4
Greater than 12 months 4 1
Total 61 4
Gross Unrealized Depreciation    
Less than 12 months (1) 0
Greater than 12 months 0 (1)
Total (1) 0
Foreign government securities    
Fair Value    
Less than 12 months 353 985
Greater than 12 months 1,043 321
Total 1,396 1,306
Gross Unrealized Depreciation    
Less than 12 months (13) (100)
Greater than 12 months (152) (79)
Total (165) (179)
Foreign corporate securities    
Fair Value    
Less than 12 months 1,169 3,264
Greater than 12 months 3,317 853
Total 4,486 4,117
Gross Unrealized Depreciation    
Less than 12 months (50) (372)
Greater than 12 months (479) (189)
Total (530) (561)
Recorded an Allowance for Credit Losses    
Fair Value    
Less than 12 months 2 2
Greater than 12 months 0 0
Total 3 2
Gross Unrealized Depreciation    
Less than 12 months (2) 0
Greater than 12 months (1) 0
Total $ (2) $ 0