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FAIR VALUE - Level 3 Activity (Details) - Market Value - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance of fixed maturities $ 1,745 $ 2,125 $ 1,725 $ 2,068
Total gains or (losses) (realized/unrealized)        
Included in earnings 1 (4) 2 12
Included in other comprehensive income (loss) (9) (54) 4 (87)
Purchases, issuances and settlements 105 97 111 171
Transfers in/(out) of Level 3 and reclassification of securities in/(out) of investment categories 0 0 0 0
Ending balance of fixed maturities 1,842 2,163 1,842 2,163
The amount of total gains or losses for the period included in earnings (or changes in net assets) attributable to the change in unrealized gains or losses relating to assets still held at the reporting date 0 2 0 3
Corporate Securities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance of fixed maturities 709 715 715 801
Total gains or (losses) (realized/unrealized)        
Included in earnings 1 (5) 2 11
Included in other comprehensive income (loss) (2) (3) (6) (7)
Purchases, issuances and settlements 3 28 0 (70)
Transfers in/(out) of Level 3 and reclassification of securities in/(out) of investment categories 0 128 0 128
Ending balance of fixed maturities 711 862 711 862
The amount of total gains or losses for the period included in earnings (or changes in net assets) attributable to the change in unrealized gains or losses relating to assets still held at the reporting date 0 (5) 0 (5)
Asset-backed Securities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance of fixed maturities 1,020 1,389 994 1,251
Total gains or (losses) (realized/unrealized)        
Included in earnings 0 0 0 0
Included in other comprehensive income (loss) (8) (47) 10 (76)
Purchases, issuances and settlements 103 62 111 228
Transfers in/(out) of Level 3 and reclassification of securities in/(out) of investment categories 0 (148) 0 (148)
Ending balance of fixed maturities 1,115 1,255 1,115 1,255
The amount of total gains or losses for the period included in earnings (or changes in net assets) attributable to the change in unrealized gains or losses relating to assets still held at the reporting date 0 8 0 8
CMBS        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance of fixed maturities   6   0
Total gains or (losses) (realized/unrealized)        
Included in earnings   0   0
Included in other comprehensive income (loss)   0   0
Purchases, issuances and settlements   0   6
Transfers in/(out) of Level 3 and reclassification of securities in/(out) of investment categories   0   0
Ending balance of fixed maturities   6   6
The amount of total gains or losses for the period included in earnings (or changes in net assets) attributable to the change in unrealized gains or losses relating to assets still held at the reporting date   0   0
Foreign corporate securities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance of fixed maturities 16 16 16 16
Total gains or (losses) (realized/unrealized)        
Included in earnings 0 0 0 0
Included in other comprehensive income (loss) 0 (4) 0 (4)
Purchases, issuances and settlements 0 8 0 8
Transfers in/(out) of Level 3 and reclassification of securities in/(out) of investment categories 0 20 0 20
Ending balance of fixed maturities 16 40 16 40
The amount of total gains or losses for the period included in earnings (or changes in net assets) attributable to the change in unrealized gains or losses relating to assets still held at the reporting date $ 0 $ 0 $ 0 $ 0