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FAIR VALUE MEASUREMENTS - Fair Value Measurement Inputs and Valuation Techniques (Details)
$ in Millions
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities $ 75,741 $ 98,696
Equity securities 1,091 1,603
Asset derivatives 617 936
Liability derivatives 1,698 1,619
Assets, fair value 82,924 108,012
Liabilities, fair value 1,698 1,619
Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 1,778 1,298
Equity securities 209 173
Asset derivatives 0 0
Assets, fair value 1,987 1,471
Liabilities, fair value 0 0
Adjustd cost | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Equity securities 209 173
Mortgage- and asset-backed securities    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 2,146 1,246
Mortgage- and asset-backed securities | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 343 291
Mortgage- and asset-backed securities | Consensus pricing valuation technique | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities $ 343 $ 291
Mortgage- and asset-backed securities | Lower Limit | Consensus pricing valuation technique | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Debt securities, available-for-sale, measurement input [1] 97.38 104.79
Mortgage- and asset-backed securities | Upper Limit | Consensus pricing valuation technique | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Debt securities, available-for-sale, measurement input [1] 106.71 111.36
Public utilities    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities $ 7,666 $ 10,051
Public utilities | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 497 493
Public utilities | Discounted cash flow technique | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities $ 497 $ 493
Public utilities | Lower Limit | Discounted cash flow technique | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Debt securities, available-for-sale, measurement input [2] 0.0128 0.0118
Public utilities | Upper Limit | Discounted cash flow technique | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Debt securities, available-for-sale, measurement input [2] 0.0286 0.0260
Sovereign and supranational    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities $ 834 $ 1,115
Sovereign and supranational | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 37 43
Sovereign and supranational | Consensus pricing valuation technique | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 37 43
Banks/financial institutions    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 9,299 11,591
Banks/financial institutions | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 159 45
Banks/financial institutions | Consensus pricing valuation technique | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities   $ 45
Banks/financial institutions | Discounted cash flow technique | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities $ 159  
Banks/financial institutions | Lower Limit | Consensus pricing valuation technique | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Debt securities, available-for-sale, measurement input [1]   100.00
Banks/financial institutions | Lower Limit | Discounted cash flow technique | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Debt securities, available-for-sale, measurement input [2] 0.0067  
Banks/financial institutions | Upper Limit | Consensus pricing valuation technique | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Debt securities, available-for-sale, measurement input [1]   103.00
Banks/financial institutions | Upper Limit | Discounted cash flow technique | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Debt securities, available-for-sale, measurement input [2] 0.0188  
Other corporate    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities $ 28,362 $ 37,837
Other corporate | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 742 426
Other corporate | Discounted cash flow technique | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities $ 742 $ 426
Other corporate | Lower Limit | Discounted cash flow technique | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Debt securities, available-for-sale, measurement input [2] 0.0066 0.0121
Other corporate | Upper Limit | Discounted cash flow technique | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Debt securities, available-for-sale, measurement input [2] 0.0647 0.0560
[1] Represents prices for securities where the Company receives unadjusted broker quotes and for which there is no transparency into the providers' valuation techniques.
[2] Actual or equivalent credit spreads in basis points.