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INVESTMENTS - Schedule of Aggregate Fair Value and Gross Unrealized Depreciation of Fixed Maturity Securities by Contractual Maturity (Details) - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Fair Value    
Less than 12 months $ 2,566 $ 15,215
Greater than 12 months 12,222 4,432
Total 14,789 19,647
Gross Unrealized Depreciation    
Less than 12 months (102) (1,217)
Greater than 12 months (1,035) (764)
Total (1,137) (1,982)
Fixed maturity securities    
Gross Unrealized Depreciation    
Less than 12 months   (1,200)
Greater than 12 months (1,000) (764)
No Recorded Allowance for Credit Losses    
Fair Value    
Less than 12 months 2,564 15,213
Greater than 12 months 12,222 4,432
Total 14,787 19,645
Gross Unrealized Depreciation    
Less than 12 months (101) (1,217)
Greater than 12 months (1,035) (764)
Total (1,136) (1,982)
Due in one year or less    
Fair Value    
Less than 12 months 184 989
Greater than 12 months 773 40
Total 958 1,029
Gross Unrealized Depreciation    
Less than 12 months (3) (19)
Greater than 12 months (30) (7)
Total (33) (26)
Due in one year through five years    
Fair Value    
Less than 12 months 699 4,935
Greater than 12 months 3,841 1,645
Total 4,540 6,580
Gross Unrealized Depreciation    
Less than 12 months (18) (383)
Greater than 12 months (271) (209)
Total (289) (592)
Due in five years through ten years    
Fair Value    
Less than 12 months 328 2,698
Greater than 12 months 2,306 911
Total 2,633 3,609
Gross Unrealized Depreciation    
Less than 12 months (15) (360)
Greater than 12 months (310) (230)
Total (325) (590)
Due after ten years    
Fair Value    
Less than 12 months 429 672
Greater than 12 months 417 408
Total 845 1,080
Gross Unrealized Depreciation    
Less than 12 months (39) (91)
Greater than 12 months (77) (116)
Total (116) (207)
Asset-backed securities    
Fair Value    
Less than 12 months 196 3,204
Greater than 12 months 2,014 456
Total 2,210 3,661
Gross Unrealized Depreciation    
Less than 12 months (2) (142)
Greater than 12 months (49) (29)
Total (51) (171)
Mortgage-backed securities    
Fair Value    
Less than 12 months 729 2,715
Greater than 12 months 2,872 972
Total 3,601 3,687
Gross Unrealized Depreciation    
Less than 12 months (24) (222)
Greater than 12 months (298) (173)
Total (323) (395)
Recorded an Allowance for Credit Losses    
Fair Value    
Less than 12 months 2 2
Greater than 12 months 0 0
Total 2 2
Gross Unrealized Depreciation    
Less than 12 months (1) 0
Greater than 12 months 0 0
Total $ (1) $ 0