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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
Dec. 31, 2024
Dec. 31, 2023
Fair Value    
Less than 12 months $ 10,604 $ 2,566
Greater than 12 months 7,728 12,222
Total 18,332 14,789
Gross Unrealized Depreciation    
Less than 12 months (324) (102)
Greater than 12 months (833) (1,035)
Total (1,157) (1,137)
No Recorded Allowance for Credit Losses    
Fair Value    
Less than 12 months 10,587 2,564
Greater than 12 months 7,728 12,222
Total 18,315 14,787
Gross Unrealized Depreciation    
Less than 12 months (323) (101)
Greater than 12 months (833) (1,035)
Total (1,156) (1,136)
U.S. Treasury securities and obligations of U.S. government agencies and corporations    
Fair Value    
Less than 12 months 80 122
Greater than 12 months 398 772
Total 478 893
Gross Unrealized Depreciation    
Less than 12 months (1) (3)
Greater than 12 months (23) (49)
Total (24) (52)
Obligations of U.S. States and political subdivisions    
Fair Value    
Less than 12 months 9 3
Greater than 12 months 40 74
Total 48 77
Gross Unrealized Depreciation    
Less than 12 months 0 0
Greater than 12 months (5) (11)
Total (5) (11)
Corporate securities    
Fair Value    
Less than 12 months 2,744 1,019
Greater than 12 months 2,132 2,780
Total 4,876 3,799
Gross Unrealized Depreciation    
Less than 12 months (76) (58)
Greater than 12 months (221) (263)
Total (297) (321)
Asset-backed securities    
Fair Value    
Less than 12 months 958 196
Greater than 12 months 537 2,014
Total 1,495 2,210
Gross Unrealized Depreciation    
Less than 12 months (20) (2)
Greater than 12 months (19) (49)
Total (39) (51)
Commercial    
Fair Value    
Less than 12 months 53 181
Greater than 12 months 757 742
Total 810 923
Gross Unrealized Depreciation    
Less than 12 months (3) (19)
Greater than 12 months (63) (73)
Total (66) (92)
Agency residential    
Fair Value    
Less than 12 months 2,754 423
Greater than 12 months 1,226 2,126
Total 3,980 2,549
Gross Unrealized Depreciation    
Less than 12 months (115) (4)
Greater than 12 months (172) (225)
Total (287) (229)
Non-agency residential    
Fair Value    
Less than 12 months 654 126
Greater than 12 months 25 4
Total 678 130
Gross Unrealized Depreciation    
Less than 12 months (11) (1)
Greater than 12 months 0 0
Total (11) 0
Foreign government securities    
Fair Value    
Less than 12 months 851 172
Greater than 12 months 828 985
Total 1,679 1,156
Gross Unrealized Depreciation    
Less than 12 months (35) (7)
Greater than 12 months (112) (101)
Total (147) (108)
Foreign corporate securities    
Fair Value    
Less than 12 months 2,484 324
Greater than 12 months 1,785 2,726
Total 4,269 3,050
Gross Unrealized Depreciation    
Less than 12 months (61) (6)
Greater than 12 months (218) (265)
Total (279) (271)
Securities where an allowance for credit loss was recorded    
Fair Value    
Less than 12 months 17 2
Greater than 12 months 0 0
Total 17 2
Gross Unrealized Depreciation    
Less than 12 months (1) (1)
Greater than 12 months 0 0
Total $ (1) $ (1)