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INVESTMENTS - Schedule of Aggregate Fair Value and Gross Unrealized Depreciation of Fixed Maturity Securities by Security Type (Details) - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Fair Value    
Less than 12 months $ 2,655 $ 2,566
Greater than 12 months 8,324 12,222
Total 10,979 14,789
Gross Unrealized Depreciation    
Less than 12 months (111) (102)
Greater than 12 months (682) (1,035)
Total (793) (1,137)
No Recorded Allowance for Credit Losses    
Fair Value    
Less than 12 months 2,654 2,564
Greater than 12 months 8,324 12,222
Total 10,978 14,787
Gross Unrealized Depreciation    
Less than 12 months (111) (101)
Greater than 12 months (681) (1,035)
Total (792) (1,136)
U.S. Treasury securities and obligations of U.S. government agencies and corporations    
Fair Value    
Less than 12 months 161 122
Greater than 12 months 464 772
Total 625 893
Gross Unrealized Depreciation    
Less than 12 months (8) (3)
Greater than 12 months (27) (49)
Total (35) (52)
Obligations of U.S. states and political subdivisions    
Fair Value    
Less than 12 months 1 3
Greater than 12 months 41 74
Total 42 77
Gross Unrealized Depreciation    
Less than 12 months 0 0
Greater than 12 months (4) (11)
Total (4) (11)
Corporate Securities    
Fair Value    
Less than 12 months 761 1,019
Greater than 12 months 2,322 2,780
Total 3,083 3,799
Gross Unrealized Depreciation    
Less than 12 months (21) (58)
Greater than 12 months (193) (263)
Total (214) (321)
Asset-backed Securities    
Fair Value    
Less than 12 months 268 196
Greater than 12 months 565 2,014
Total 833 2,210
Gross Unrealized Depreciation    
Less than 12 months (2) (2)
Greater than 12 months (18) (49)
Total (20) (51)
Commercial    
Fair Value    
Less than 12 months 155 181
Greater than 12 months 679 742
Total 834 923
Gross Unrealized Depreciation    
Less than 12 months (11) (19)
Greater than 12 months (45) (73)
Total (56) (92)
Agency Residential    
Fair Value    
Less than 12 months 645 423
Greater than 12 months 1,377 2,126
Total 2,022 2,549
Gross Unrealized Depreciation    
Less than 12 months (49) (4)
Greater than 12 months (124) (225)
Total (173) (229)
Non-agency Residential    
Fair Value    
Less than 12 months 37 126
Greater than 12 months 25 4
Total 63 130
Gross Unrealized Depreciation    
Less than 12 months 0 (1)
Greater than 12 months 0 0
Total 0 0
Foreign government securities    
Fair Value    
Less than 12 months 219 172
Greater than 12 months 858 985
Total 1,076 1,156
Gross Unrealized Depreciation    
Less than 12 months (10) (7)
Greater than 12 months (86) (101)
Total (96) (108)
Foreign corporate securities    
Fair Value    
Less than 12 months 406 324
Greater than 12 months 1,994 2,726
Total 2,400 3,050
Gross Unrealized Depreciation    
Less than 12 months (10) (6)
Greater than 12 months (183) (265)
Total (193) (271)
Securities where an allowance for credit loss was recorded    
Fair Value    
Less than 12 months 1 2
Greater than 12 months 0 0
Total 1 2
Gross Unrealized Depreciation    
Less than 12 months 0 (1)
Greater than 12 months (1) 0
Total $ (1) $ (1)