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LIABILITIES FOR FUTURE POLICYHOLDER BENEFITS - Policyholder Account Balance (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Dec. 31, 2022
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]            
Net liability for additional liability $ 1,801   $ 1,653 $ 1,450 $ 1,298  
Payout-Legacy            
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]            
Net liability for additional liability 447   340      
Payout-Legacy | Legacy Segment            
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]            
Balance, beginning of period 340 $ 0        
Beginning balance of original discount rate 333 0        
Effect of changes in cash flow assumptions     0     $ 0
Effect of actual variances from expected experience     0     0
Adjusted beginning of period balance     $ 333     $ 0
Issuances 119 0        
Interest accrual 4 0        
Benefit payments (8) 0        
Ending balance at original discount rate 448 0        
Effect of changes in discount rate assumptions (1) 0        
Balance, end of period 447 0        
Net liability for additional liability 447 0        
Less: Reinsurance recoverable 0 0        
Net liability for additional liability, after reinsurance recoverable $ 447 $ 0        
Weighted-average duration of additional liability - death benefit (years) 7 years 8 months 12 days