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FAIR VALUE - Level 3 Activity (Details) - Market Value - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance of fixed maturities $ 1,842 $ 2,164 $ 1,725 $ 2,068
Total gains or (losses) (realized/unrealized)        
Included in earnings 1 (2) 3 9
Included in other comprehensive income (loss) (3) 59 2 (28)
Purchases, issuances and settlements 80 186 191 358
Transfers in/(out) of Level 3 and reclassification of securities in/(out) of investment categories 0 (779) 0 (779)
Ending balance of fixed maturities 1,921 1,628 1,921 1,628
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 (3) 1 0
Corporate Securities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance of fixed maturities 711 863 715 801
Total gains or (losses) (realized/unrealized)        
Included in earnings 1 (2) 3 9
Included in other comprehensive income (loss) 0 (6) (5) (13)
Purchases, issuances and settlements 12 27 12 (43)
Transfers in/(out) of Level 3 and reclassification of securities in/(out) of investment categories 0 (163) 0 (35)
Ending balance of fixed maturities 725 719 725 719
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 (3) 1 (8)
Asset-backed Securities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance of fixed maturities 1,115 1,255 994 1,251
Total gains or (losses) (realized/unrealized)        
Included in earnings 0 0 0 0
Included in other comprehensive income (loss) (3) 65 7 (11)
Purchases, issuances and settlements 68 159 179 387
Transfers in/(out) of Level 3 and reclassification of securities in/(out) of investment categories 0 (587) 0 (735)
Ending balance of fixed maturities 1,180 893 1,180 893
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 8
Foreign corporate securities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance of fixed maturities 16 40 16 16
Total gains or (losses) (realized/unrealized)        
Included in earnings 0 0 0 0
Included in other comprehensive income (loss) 0 0 0 (4)
Purchases, issuances and settlements 0 0 0 8
Transfers in/(out) of Level 3 and reclassification of securities in/(out) of investment categories 0 (24) 0 (4)
Ending balance of fixed maturities 16 16 16 16
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
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   (6)   (6)
Ending balance of fixed maturities   0   0
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