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INCOME TAXES - Schedule of Components of Income Tax Expense (Benefit) (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2022
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2021
Current tax expense (benefit):        
U.S. federal   $ 18 $ (14) $ 241
State and local       3
Current Federal, State and Local, Tax Expense (Benefit), Total       244
Deferred tax expense (benefit):        
U.S. federal   52 (8) 1,050
Deferred Federal, State and Local, Tax Expense (Benefit), Total       1,050
Less: Income tax expense (benefit) $ 77 (34) (6) 1,294
Income tax expense (benefit) reported in equity related to:        
Other comprehensive income (loss) $ (118) 29 (47) (362)
Total income tax benefit   $ (5) $ (53) $ 932