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INVESTMENTS - Summary of Fixed Maturity and Equity Securities by Security Type (Details) - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Fair Value    
Less than 12 months $ 6,347 $ 15,215
Greater than 12 months 15,099 4,432
Total 21,445 19,647
Gross Unrealized Depreciation    
Less than 12 months (320) (1,217)
Greater than 12 months (1,823) (764)
Total (2,143) (1,982)
No Recorded Allowance for Credit Losses    
Fair Value    
Less than 12 months 6,346 15,213
Greater than 12 months 15,098 4,432
Total 21,445 19,645
Gross Unrealized Depreciation    
Less than 12 months (320) (1,217)
Greater than 12 months (1,822) (764)
Total (2,141) (1,982)
U.S. Treasury securities and obligations of U.S. government agencies and corporations    
Fair Value    
Less than 12 months 197 668
Greater than 12 months 841 487
Total 1,038 1,155
Gross Unrealized Depreciation    
Less than 12 months (11) (31)
Greater than 12 months (70) (52)
Total (81) (82)
Obligations of U.S. states and political subdivisions    
Fair Value    
Less than 12 months 108 235
Greater than 12 months 206 27
Total 314 261
Gross Unrealized Depreciation    
Less than 12 months (3) (23)
Greater than 12 months (39) (9)
Total (42) (32)
Corporate Securities    
Fair Value    
Less than 12 months 2,030 4,143
Greater than 12 months 4,292 1,316
Total 6,322 5,459
Gross Unrealized Depreciation    
Less than 12 months (142) (326)
Greater than 12 months (512) (234)
Total (653) (561)
Asset-backed Securities    
Fair Value    
Less than 12 months 846 3,204
Greater than 12 months 2,245 456
Total 3,091 3,661
Gross Unrealized Depreciation    
Less than 12 months (20) (142)
Greater than 12 months (48) (29)
Total (69) (171)
Commercial    
Fair Value    
Less than 12 months 152 806
Greater than 12 months 865 101
Total 1,017 907
Gross Unrealized Depreciation    
Less than 12 months (4) (90)
Greater than 12 months (120) (15)
Total (124) (105)
Agency Residential    
Fair Value    
Less than 12 months 1,204 1,905
Greater than 12 months 2,090 870
Total 3,294 2,776
Gross Unrealized Depreciation    
Less than 12 months (68) (132)
Greater than 12 months (368) (158)
Total (435) (289)
Non-agency Residential    
Fair Value    
Less than 12 months 164 4
Greater than 12 months 4 1
Total 167 4
Gross Unrealized Depreciation    
Less than 12 months (9) 0
Greater than 12 months 0 0
Total (9) 0
Foreign government securities    
Fair Value    
Less than 12 months 447 985
Greater than 12 months 1,109 321
Total 1,556 1,306
Gross Unrealized Depreciation    
Less than 12 months (21) (100)
Greater than 12 months (176) (79)
Total (197) (179)
Foreign corporate securities    
Fair Value    
Less than 12 months 1,199 3,264
Greater than 12 months 3,447 853
Total 4,646 4,117
Gross Unrealized Depreciation    
Less than 12 months (42) (372)
Greater than 12 months (488) (189)
Total (531) (561)
Recorded an Allowance for Credit Losses    
Fair Value    
Less than 12 months 0 2
Greater than 12 months 0 0
Total 1 2
Gross Unrealized Depreciation    
Less than 12 months (1) 0
Greater than 12 months (1) 0
Total $ (2) $ 0