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INVESTMENTS - Summary of Fixed Maturity and Equity Securities by Contractual Maturity (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)
Due in one year or less    
Fair Value    
Less than 12 months 404 989
Greater than 12 months 1,007 40
Total 1,411 1,029
Gross Unrealized Depreciation    
Less than 12 months (9) (19)
Greater than 12 months (36) (7)
Total (44) (26)
Due in one year through five years    
Fair Value    
Less than 12 months 1,718 4,935
Greater than 12 months 5,193 1,645
Total 6,912 6,580
Gross Unrealized Depreciation    
Less than 12 months (66) (383)
Greater than 12 months (521) (209)
Total (587) (592)
Due in five years through ten years    
Fair Value    
Less than 12 months 982 2,698
Greater than 12 months 2,639 911
Total 3,622 3,609
Gross Unrealized Depreciation    
Less than 12 months (50) (360)
Greater than 12 months (482) (230)
Total (532) (590)
Due after ten years    
Fair Value    
Less than 12 months 569 672
Greater than 12 months 578 408
Total 1,147 1,080
Gross Unrealized Depreciation    
Less than 12 months (65) (91)
Greater than 12 months (128) (116)
Total (193) (207)
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)
Mortgage-backed securities    
Fair Value    
Less than 12 months 1,211 2,715
Greater than 12 months 2,825 972
Total 4,036 3,687
Gross Unrealized Depreciation    
Less than 12 months (36) (222)
Greater than 12 months (370) (173)
Total (406) (395)
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