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EARNINGS PER COMMON SHARE - Schedule of Net Income (Loss) per Common Share (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Numerator        
Net income (loss) $ 670 $ 123 $ 1,035 $ 420
Less: dividends declared - common shares and unvested common shares (72) (65) (136) (126)
Undistributed earnings 599 58 899 294
Undistributed earnings $ 599 $ 58 $ 899 $ 294
Percentage allocated to common shareholders 98.80% 98.60% 98.80% 98.70%
Net income (loss) available to common stockholders, basic before dividends, common stock $ 591 $ 57 $ 888 $ 290
Net income (loss) available to common stockholders, diluted before dividends, common stock 591 57 888 290
Add: dividends declared - common shareholders 71 64 135 124
Numerator for basic earnings per common share 662 121 1,022 415
Numerator for diluted earnings per common share $ 662 $ 121 $ 1,022 $ 415
Denominator        
Denominator for basic earnings per weighted-average common shares 40,700,000 38,900,000 39,700,000 38,900,000
Effect of dilutive securities:        
Options 0 0 0 0
Denominator for diluted earnings per adjusted weighted-average common shares 40,700,000 38,900,000 39,700,000 38,900,000
Per common share net income (loss)        
Basic (in dollars per share) $ 16.26 $ 3.11 $ 25.74 $ 10.67
Diluted (in dollars per share) $ 16.26 $ 3.11 $ 25.74 $ 10.67
Basic weighted-average common shares outstanding 40,700,000 38,900,000 39,700,000 38,900,000
Basic weighted - average common shares outstanding and unvested common shares expected to vest 41,200,000 39,400,000 40,200,000 39,400,000
Number of options outstanding (in shares) 0   0