INCOME TAXES - SUCCESSOR COMPANY - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Deferred tax assets:
Intangibles	$ 122
Investments	121	$ 830
Capital loss carryforwards	26
Total deferred tax assets	269	1,073
Deferred tax liabilities:
Insurance reserves	(150)
Change in insurance liabilities - OCR component	(29)
Other	(3)
Total deferred tax liabilities	(182)	(228)
Net deferred tax asset before valuation allowance	87	$ 845
Valuation allowance	(37)
Net deferred tax asset	$ 50