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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
Mar. 31, 2024
Dec. 31, 2023
Fair Value    
Less than 12 months $ 5,267 $ 2,566
Greater than 12 months 11,143 12,222
Total 16,409 14,789
Gross Unrealized Depreciation    
Less than 12 months (116) (102)
Greater than 12 months (1,092) (1,035)
Total (1,209) (1,137)
No Recorded Allowance for Credit Losses    
Fair Value    
Less than 12 months 5,233 2,564
Greater than 12 months 11,141 12,222
Total 16,374 14,787
Gross Unrealized Depreciation    
Less than 12 months (115) (101)
Greater than 12 months (1,092) (1,035)
Total (1,208) (1,136)
Due in one year or less    
Fair Value    
Less than 12 months 214 184
Greater than 12 months 876 773
Total 1,090 958
Gross Unrealized Depreciation    
Less than 12 months (3) (3)
Greater than 12 months (36) (30)
Total (39) (33)
Due in one year through five years    
Fair Value    
Less than 12 months 1,135 699
Greater than 12 months 3,822 3,841
Total 4,958 4,540
Gross Unrealized Depreciation    
Less than 12 months (18) (18)
Greater than 12 months (299) (271)
Total (317) (289)
Due in five years through ten years    
Fair Value    
Less than 12 months 1,282 328
Greater than 12 months 2,234 2,306
Total 3,516 2,633
Gross Unrealized Depreciation    
Less than 12 months (25) (15)
Greater than 12 months (325) (310)
Total (350) (325)
Due after ten years    
Fair Value    
Less than 12 months 682 429
Greater than 12 months 438 417
Total 1,119 845
Gross Unrealized Depreciation    
Less than 12 months (26) (39)
Greater than 12 months (74) (77)
Total (100) (116)
Asset-backed Securities    
Fair Value    
Less than 12 months 399 196
Greater than 12 months 943 2,014
Total 1,342 2,210
Gross Unrealized Depreciation    
Less than 12 months (3) (2)
Greater than 12 months (30) (49)
Total (33) (51)
Mortgage-backed securities    
Fair Value    
Less than 12 months 1,521 729
Greater than 12 months 2,828 2,872
Total 4,349 3,601
Gross Unrealized Depreciation    
Less than 12 months (40) (24)
Greater than 12 months (328) (298)
Total (368) (323)
Recorded an Allowance for Credit Losses    
Fair Value    
Less than 12 months 33 2
Greater than 12 months 2 0
Total 35 2
Gross Unrealized Depreciation    
Less than 12 months (1) (1)
Greater than 12 months 0 0
Total $ (1) $ (1)