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LONG-TERM SUBORDINATED NOTES (Tables)
 12 Months Ended
Dec. 31, 2024
Long-Term Debt, Unclassified [Abstract]  
Schedule of Outstanding Fixed to Floating Rate Long Term Subordinated Notes
The table below displays Holdings’ outstanding fixed to floating rate long-term subordinated notes (“Subordinated Notes Issued 2007”). Fair value is based on quoted market prices, but due to limited trading activity, these Subordinated Notes Issued 2007 are considered Level 2 in the fair value hierarchy.
Maturity DateDecember 31, 2024December 31, 2023
(Dollars in millions)Date IssuedOriginal
Principal
Amount		ScheduledFinalConsolidated
Balance Sheet
Amount		Fair ValueConsolidated
Balance Sheet
Amount		Fair Value
Subordinated Notes Issued 20074/26/2007$400 5/15/20375/1/2067$218 $215 $218 $187 
Schedule of Interest Expense Incurred Long Term Subordinated Notes
Interest expense incurred in connection with these long-term Subordinated Notes Issued 2007 is as follows for the periods indicated:
Years Ended December 31,
(Dollars in millions)202420232022
Interest expense incurred$17 $17 $9