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FAIR VALUE OF ASSETS AND LIABILITIES - Assets and Liabilities by Hierarchy Level (Details) - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Fixed maturity securities    
Asset-backed securities $ 4,966 $ 5,024
Equity securities 0 175
Short-term investments 39 42
Other invested assets 640 450
Deposit asset 476 607
Separate account assets, at fair value 24,065 23,601
Liabilities:    
Insurance liabilities, at fair value 4,984 5,546
Other liabilities 805 808
Net modified coinsurance payable 81 0
Separate account liabilities, at fair value 24,065 23,601
Retained Business    
Fixed maturity securities    
Other invested assets 507 440
Separate account assets, at fair value 21,981 21,558
Liabilities:    
Insurance liabilities, at fair value 2,711 2,941
Other liabilities 774 459
Net modified coinsurance payable 0  
Separate account liabilities, at fair value 21,981 21,558
Ceded Business    
Fixed maturity securities    
Other invested assets 133 10
Separate account assets, at fair value 2,084 2,043
Liabilities:    
Insurance liabilities, at fair value 2,273 2,605
Other liabilities 31 349
Net modified coinsurance payable 81  
Separate account liabilities, at fair value 2,084 2,043
Recurring    
Fixed maturity securities    
Asset-backed securities 4,966 5,024
Equity securities   175
Mortgage and other loans 229 196
Short-term investments 39 42
Cash and cash equivalents 649 872
Other invested assets 279 85
Other invested assets, Netting (460) (582)
Deposit asset 476 607
Reinsurance recoverables 200 235
Net modified coinsurance receivable   18
Subtotal excluding separate account assets 6,838 7,254
Separate account assets, at fair value 24,065 23,601
Total assets 30,903 30,855
Liabilities:    
Insurance liabilities, at fair value 4,984 5,546
Other liabilities 0 201
Net modified coinsurance payable 81  
Separate account liabilities, at fair value 24,065 23,601
Liabilities, Netting (759) (875)
Total liabilities 29,130 29,348
Recurring | Retained Business    
Fixed maturity securities    
Asset-backed securities 3,749 3,616
Mortgage and other loans 229 196
Short-term investments   3
Cash and cash equivalents 351 433
Other invested assets 156 85
Other invested assets, Netting (359) (347)
Subtotal excluding separate account assets 4,485 4,333
Separate account assets, at fair value 21,981 21,558
Total assets 26,466 25,891
Liabilities:    
Insurance liabilities, at fair value 2,711 2,941
Other liabilities 0 0
Separate account liabilities, at fair value 21,981 21,558
Liabilities, Netting (658) (602)
Total liabilities 24,692 24,499
Recurring | Ceded Business    
Fixed maturity securities    
Asset-backed securities 1,217 1,408
Equity securities   175
Short-term investments 39 39
Cash and cash equivalents 298 439
Other invested assets 123 0
Other invested assets, Netting (101) (235)
Deposit asset 476 607
Reinsurance recoverables 200 235
Net modified coinsurance receivable   18
Subtotal excluding separate account assets 2,353 2,921
Separate account assets, at fair value 2,084 2,043
Total assets 4,437 4,964
Liabilities:    
Insurance liabilities, at fair value 2,273 2,605
Other liabilities 0 201
Separate account liabilities, at fair value 2,084 2,043
Liabilities, Netting (101) (272)
Total liabilities 4,438 4,849
Recurring | U.S Treasury securities and obligations of U.S. government authorities and agencies    
Fixed maturity securities    
Asset-backed securities 527 696
Recurring | U.S Treasury securities and obligations of U.S. government authorities and agencies | Retained Business    
Fixed maturity securities    
Asset-backed securities 454 582
Recurring | U.S Treasury securities and obligations of U.S. government authorities and agencies | Ceded Business    
Fixed maturity securities    
Asset-backed securities 73 114
Recurring | Obligations of U.S. states and their political subdivisions    
Fixed maturity securities    
Asset-backed securities 142 166
Recurring | Obligations of U.S. states and their political subdivisions | Retained Business    
Fixed maturity securities    
Asset-backed securities 142 136
Recurring | Obligations of U.S. states and their political subdivisions | Ceded Business    
Fixed maturity securities    
Asset-backed securities   30
Recurring | Foreign government bonds    
Fixed maturity securities    
Asset-backed securities 5 5
Recurring | Foreign government bonds | Ceded Business    
Fixed maturity securities    
Asset-backed securities 5 5
Recurring | U.S. corporate public securities    
Fixed maturity securities    
Asset-backed securities 2,745 2,796
Recurring | U.S. corporate public securities | Retained Business    
Fixed maturity securities    
Asset-backed securities 2,046 2,018
Recurring | U.S. corporate public securities | Ceded Business    
Fixed maturity securities    
Asset-backed securities 699 778
Recurring | U.S. corporate private securities    
Fixed maturity securities    
Asset-backed securities 354 290
Recurring | U.S. corporate private securities | Retained Business    
Fixed maturity securities    
Asset-backed securities 210 146
Recurring | U.S. corporate private securities | Ceded Business    
Fixed maturity securities    
Asset-backed securities 144 144
Recurring | Foreign corporate public securities    
Fixed maturity securities    
Asset-backed securities 195 211
Recurring | Foreign corporate public securities | Retained Business    
Fixed maturity securities    
Asset-backed securities 138 122
Recurring | Foreign corporate public securities | Ceded Business    
Fixed maturity securities    
Asset-backed securities 57 89
Recurring | Foreign corporate private securities    
Fixed maturity securities    
Asset-backed securities 68 67
Recurring | Foreign corporate private securities | Retained Business    
Fixed maturity securities    
Asset-backed securities 34 36
Recurring | Foreign corporate private securities | Ceded Business    
Fixed maturity securities    
Asset-backed securities 34 31
Recurring | Asset-backed securities    
Fixed maturity securities    
Asset-backed securities 680 532
Recurring | Asset-backed securities | Retained Business    
Fixed maturity securities    
Asset-backed securities 680 513
Recurring | Asset-backed securities | Ceded Business    
Fixed maturity securities    
Asset-backed securities   19
Recurring | Commercial mortgage-backed securities    
Fixed maturity securities    
Asset-backed securities 17 43
Recurring | Commercial mortgage-backed securities | Retained Business    
Fixed maturity securities    
Asset-backed securities 17 43
Recurring | Commercial mortgage-backed securities | Ceded Business    
Fixed maturity securities    
Asset-backed securities   0
Recurring | Residential mortgage-backed securities    
Fixed maturity securities    
Asset-backed securities 233 218
Recurring | Residential mortgage-backed securities | Retained Business    
Fixed maturity securities    
Asset-backed securities 28 20
Recurring | Residential mortgage-backed securities | Ceded Business    
Fixed maturity securities    
Asset-backed securities 205 198
Recurring | Level 1    
Fixed maturity securities    
Asset-backed securities 0 0
Equity securities   175
Mortgage and other loans 0 0
Short-term investments 0 0
Cash and cash equivalents 649 872
Other invested assets 0 46
Deposit asset 0 0
Reinsurance recoverables 0 0
Net modified coinsurance receivable   0
Subtotal excluding separate account assets 649 1,093
Separate account assets, at fair value 0 0
Total assets 649 1,093
Liabilities:    
Insurance liabilities, at fair value 0 0
Other liabilities 57 0
Net modified coinsurance payable 0  
Separate account liabilities, at fair value 0 0
Total liabilities 57 0
Recurring | Level 1 | Retained Business    
Fixed maturity securities    
Asset-backed securities 0 0
Mortgage and other loans 0 0
Short-term investments   0
Cash and cash equivalents 351 433
Other invested assets 0 46
Subtotal excluding separate account assets 351 479
Separate account assets, at fair value 0 0
Total assets 351 479
Liabilities:    
Insurance liabilities, at fair value 0 0
Other liabilities 57 0
Separate account liabilities, at fair value 0 0
Total liabilities 57 0
Recurring | Level 1 | Ceded Business    
Fixed maturity securities    
Asset-backed securities 0 0
Equity securities   175
Short-term investments 0 0
Cash and cash equivalents 298 439
Other invested assets 0 0
Deposit asset 0 0
Reinsurance recoverables 0 0
Net modified coinsurance receivable   0
Subtotal excluding separate account assets 298 614
Separate account assets, at fair value 0 0
Total assets 298 614
Liabilities:    
Insurance liabilities, at fair value 0 0
Other liabilities 0 0
Separate account liabilities, at fair value 0 0
Total liabilities 0 0
Recurring | Level 1 | U.S Treasury securities and obligations of U.S. government authorities and agencies    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 1 | U.S Treasury securities and obligations of U.S. government authorities and agencies | Retained Business    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 1 | U.S Treasury securities and obligations of U.S. government authorities and agencies | Ceded Business    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 1 | Obligations of U.S. states and their political subdivisions    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 1 | Obligations of U.S. states and their political subdivisions | Retained Business    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 1 | Obligations of U.S. states and their political subdivisions | Ceded Business    
Fixed maturity securities    
Asset-backed securities   0
Recurring | Level 1 | Foreign government bonds    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 1 | Foreign government bonds | Ceded Business    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 1 | U.S. corporate public securities    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 1 | U.S. corporate public securities | Retained Business    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 1 | U.S. corporate public securities | Ceded Business    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 1 | U.S. corporate private securities    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 1 | U.S. corporate private securities | Retained Business    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 1 | U.S. corporate private securities | Ceded Business    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 1 | Foreign corporate public securities    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 1 | Foreign corporate public securities | Retained Business    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 1 | Foreign corporate public securities | Ceded Business    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 1 | Foreign corporate private securities    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 1 | Foreign corporate private securities | Retained Business    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 1 | Foreign corporate private securities | Ceded Business    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 1 | Asset-backed securities    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 1 | Asset-backed securities | Retained Business    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 1 | Asset-backed securities | Ceded Business    
Fixed maturity securities    
Asset-backed securities   0
Recurring | Level 1 | Commercial mortgage-backed securities    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 1 | Commercial mortgage-backed securities | Retained Business    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 1 | Commercial mortgage-backed securities | Ceded Business    
Fixed maturity securities    
Asset-backed securities   0
Recurring | Level 1 | Residential mortgage-backed securities    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 1 | Residential mortgage-backed securities | Retained Business    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 1 | Residential mortgage-backed securities | Ceded Business    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 2    
Fixed maturity securities    
Asset-backed securities 4,511 4,687
Equity securities   0
Mortgage and other loans 0 0
Short-term investments 39 42
Cash and cash equivalents 0 0
Other invested assets 739 621
Deposit asset 0 0
Reinsurance recoverables 0 0
Net modified coinsurance receivable   0
Subtotal excluding separate account assets 5,289 5,350
Separate account assets, at fair value 24,065 23,601
Total assets 29,354 28,951
Liabilities:    
Insurance liabilities, at fair value 0 0
Other liabilities 702 1,076
Net modified coinsurance payable 0  
Separate account liabilities, at fair value 24,065 23,601
Total liabilities 24,767 24,677
Recurring | Level 2 | Retained Business    
Fixed maturity securities    
Asset-backed securities 3,297 3,279
Mortgage and other loans 0 0
Short-term investments   3
Cash and cash equivalents 0 0
Other invested assets 515 386
Subtotal excluding separate account assets 3,812 3,668
Separate account assets, at fair value 21,981 21,558
Total assets 25,793 25,226
Liabilities:    
Insurance liabilities, at fair value 0 0
Other liabilities 601 602
Separate account liabilities, at fair value 21,981 21,558
Total liabilities 22,582 22,160
Recurring | Level 2 | Ceded Business    
Fixed maturity securities    
Asset-backed securities 1,214 1,408
Equity securities   0
Short-term investments 39 39
Cash and cash equivalents 0 0
Other invested assets 224 235
Deposit asset 0 0
Reinsurance recoverables 0 0
Net modified coinsurance receivable   0
Subtotal excluding separate account assets 1,477 1,682
Separate account assets, at fair value 2,084 2,043
Total assets 3,561 3,725
Liabilities:    
Insurance liabilities, at fair value 0 0
Other liabilities 101 473
Separate account liabilities, at fair value 2,084 2,043
Total liabilities 2,185 2,516
Recurring | Level 2 | U.S Treasury securities and obligations of U.S. government authorities and agencies    
Fixed maturity securities    
Asset-backed securities 527 696
Recurring | Level 2 | U.S Treasury securities and obligations of U.S. government authorities and agencies | Retained Business    
Fixed maturity securities    
Asset-backed securities 454 582
Recurring | Level 2 | U.S Treasury securities and obligations of U.S. government authorities and agencies | Ceded Business    
Fixed maturity securities    
Asset-backed securities 73 114
Recurring | Level 2 | Obligations of U.S. states and their political subdivisions    
Fixed maturity securities    
Asset-backed securities 142 166
Recurring | Level 2 | Obligations of U.S. states and their political subdivisions | Retained Business    
Fixed maturity securities    
Asset-backed securities 142 136
Recurring | Level 2 | Obligations of U.S. states and their political subdivisions | Ceded Business    
Fixed maturity securities    
Asset-backed securities   30
Recurring | Level 2 | Foreign government bonds    
Fixed maturity securities    
Asset-backed securities 5 5
Recurring | Level 2 | Foreign government bonds | Ceded Business    
Fixed maturity securities    
Asset-backed securities 5 5
Recurring | Level 2 | U.S. corporate public securities    
Fixed maturity securities    
Asset-backed securities 2,745 2,796
Recurring | Level 2 | U.S. corporate public securities | Retained Business    
Fixed maturity securities    
Asset-backed securities 2,046 2,018
Recurring | Level 2 | U.S. corporate public securities | Ceded Business    
Fixed maturity securities    
Asset-backed securities 699 778
Recurring | Level 2 | U.S. corporate private securities    
Fixed maturity securities    
Asset-backed securities 144 144
Recurring | Level 2 | U.S. corporate private securities | Retained Business    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 2 | U.S. corporate private securities | Ceded Business    
Fixed maturity securities    
Asset-backed securities 144 144
Recurring | Level 2 | Foreign corporate public securities    
Fixed maturity securities    
Asset-backed securities 195 211
Recurring | Level 2 | Foreign corporate public securities | Retained Business    
Fixed maturity securities    
Asset-backed securities 138 122
Recurring | Level 2 | Foreign corporate public securities | Ceded Business    
Fixed maturity securities    
Asset-backed securities 57 89
Recurring | Level 2 | Foreign corporate private securities    
Fixed maturity securities    
Asset-backed securities 31 31
Recurring | Level 2 | Foreign corporate private securities | Retained Business    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 2 | Foreign corporate private securities | Ceded Business    
Fixed maturity securities    
Asset-backed securities 31 31
Recurring | Level 2 | Asset-backed securities    
Fixed maturity securities    
Asset-backed securities 472 377
Recurring | Level 2 | Asset-backed securities | Retained Business    
Fixed maturity securities    
Asset-backed securities 472 358
Recurring | Level 2 | Asset-backed securities | Ceded Business    
Fixed maturity securities    
Asset-backed securities   19
Recurring | Level 2 | Commercial mortgage-backed securities    
Fixed maturity securities    
Asset-backed securities 17 43
Recurring | Level 2 | Commercial mortgage-backed securities | Retained Business    
Fixed maturity securities    
Asset-backed securities 17 43
Recurring | Level 2 | Commercial mortgage-backed securities | Ceded Business    
Fixed maturity securities    
Asset-backed securities   0
Recurring | Level 2 | Residential mortgage-backed securities    
Fixed maturity securities    
Asset-backed securities 233 218
Recurring | Level 2 | Residential mortgage-backed securities | Retained Business    
Fixed maturity securities    
Asset-backed securities 28 20
Recurring | Level 2 | Residential mortgage-backed securities | Ceded Business    
Fixed maturity securities    
Asset-backed securities 205 198
Recurring | Level 3    
Fixed maturity securities    
Asset-backed securities 455 337
Equity securities   0
Mortgage and other loans 229 196
Short-term investments 0 0
Cash and cash equivalents 0 0
Other invested assets 0 0
Deposit asset 476 607
Reinsurance recoverables 200 235
Net modified coinsurance receivable   18
Subtotal excluding separate account assets 1,360 1,393
Separate account assets, at fair value 0 0
Total assets 1,360 1,393
Liabilities:    
Insurance liabilities, at fair value 4,984 5,546
Other liabilities 0 0
Net modified coinsurance payable 81  
Separate account liabilities, at fair value 0 0
Total liabilities 5,065 5,546
Recurring | Level 3 | Retained Business    
Fixed maturity securities    
Asset-backed securities 452 337
Mortgage and other loans 229 196
Short-term investments   0
Cash and cash equivalents 0 0
Other invested assets 0 0
Subtotal excluding separate account assets 681 533
Separate account assets, at fair value 0 0
Total assets 681 533
Liabilities:    
Insurance liabilities, at fair value 2,711 2,941
Other liabilities 0 0
Separate account liabilities, at fair value 0 0
Total liabilities 2,711 2,941
Recurring | Level 3 | Ceded Business    
Fixed maturity securities    
Asset-backed securities 3 0
Equity securities   0
Short-term investments 0 0
Cash and cash equivalents 0 0
Other invested assets 0 0
Deposit asset 476 607
Reinsurance recoverables 200 235
Net modified coinsurance receivable   18
Subtotal excluding separate account assets 679 860
Separate account assets, at fair value 0 0
Total assets 679 860
Liabilities:    
Insurance liabilities, at fair value 2,273 2,605
Other liabilities 0 0
Separate account liabilities, at fair value 0 0
Total liabilities 2,354 2,605
Recurring | Level 3 | U.S Treasury securities and obligations of U.S. government authorities and agencies    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 3 | U.S Treasury securities and obligations of U.S. government authorities and agencies | Retained Business    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 3 | U.S Treasury securities and obligations of U.S. government authorities and agencies | Ceded Business    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 3 | Obligations of U.S. states and their political subdivisions    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 3 | Obligations of U.S. states and their political subdivisions | Retained Business    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 3 | Obligations of U.S. states and their political subdivisions | Ceded Business    
Fixed maturity securities    
Asset-backed securities   0
Recurring | Level 3 | Foreign government bonds    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 3 | Foreign government bonds | Ceded Business    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 3 | U.S. corporate public securities    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 3 | U.S. corporate public securities | Retained Business    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 3 | U.S. corporate public securities | Ceded Business    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 3 | U.S. corporate private securities    
Fixed maturity securities    
Asset-backed securities 210 146
Recurring | Level 3 | U.S. corporate private securities | Retained Business    
Fixed maturity securities    
Asset-backed securities 210 146
Recurring | Level 3 | U.S. corporate private securities | Ceded Business    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 3 | Foreign corporate public securities    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 3 | Foreign corporate public securities | Retained Business    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 3 | Foreign corporate public securities | Ceded Business    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 3 | Foreign corporate private securities    
Fixed maturity securities    
Asset-backed securities 37 36
Recurring | Level 3 | Foreign corporate private securities | Retained Business    
Fixed maturity securities    
Asset-backed securities 34 36
Recurring | Level 3 | Foreign corporate private securities | Ceded Business    
Fixed maturity securities    
Asset-backed securities 3 0
Recurring | Level 3 | Asset-backed securities    
Fixed maturity securities    
Asset-backed securities 208 155
Recurring | Level 3 | Asset-backed securities | Retained Business    
Fixed maturity securities    
Asset-backed securities 208 155
Recurring | Level 3 | Asset-backed securities | Ceded Business    
Fixed maturity securities    
Asset-backed securities   0
Recurring | Level 3 | Commercial mortgage-backed securities    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 3 | Commercial mortgage-backed securities | Retained Business    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 3 | Commercial mortgage-backed securities | Ceded Business    
Fixed maturity securities    
Asset-backed securities   0
Recurring | Level 3 | Residential mortgage-backed securities    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 3 | Residential mortgage-backed securities | Retained Business    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Level 3 | Residential mortgage-backed securities | Ceded Business    
Fixed maturity securities    
Asset-backed securities 0 0
Recurring | Fair Value Measured at Net Asset Value Per Share    
Liabilities:    
Other invested assets excluded from fair value hierarchy 341 345
Recurring | Fair Value Measured at Net Asset Value Per Share | Retained Business    
Liabilities:    
Other invested assets excluded from fair value hierarchy 340 344
Recurring | Fair Value Measured at Net Asset Value Per Share | Ceded Business    
Liabilities:    
Other invested assets excluded from fair value hierarchy 1 1
Policy loans | Recurring    
Fixed maturity securities    
Other invested assets, Netting (460) (582)
Subtotal excluding separate account assets 460 582
Policy loans | Recurring | Retained Business    
Fixed maturity securities    
Other invested assets, Netting (359) (347)
Subtotal excluding separate account assets 359 347
Policy loans | Recurring | Ceded Business    
Fixed maturity securities    
Other invested assets, Netting (101) (235)
Subtotal excluding separate account assets 101 235
Other liabilities - derivatives | Recurring    
Liabilities:    
Liabilities, Netting (759) (875)
Other liabilities - derivatives | Recurring | Retained Business    
Liabilities:    
Liabilities, Netting (658) (602)
Other liabilities - derivatives | Recurring | Ceded Business    
Liabilities:    
Liabilities, Netting $ (101) $ (272)