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INVESTMENTS - Summary of Aggregate Market Value and Gross Unrealized Depreciation of Fixed Maturity and Equity Securities, by Security Type (Details) - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Fair Value    
Less than 12 months $ 3,093 $ 8,524
Greater than 12 months 8,406 2,698
Total 11,499 11,222
Gross Unrealized Depreciation    
Less than 12 months (127) (591)
Greater than 12 months (792) (421)
Total (919) (1,013)
No Recorded Allowance for Credit Losses    
Fair Value    
Less than 12 months 3,092 8,522
Greater than 12 months 8,406 2,698
Total 11,498 11,220
Gross Unrealized Depreciation    
Less than 12 months (126) (591)
Greater than 12 months (792) (421)
Total (918) (1,012)
U.S. Treasury securities and obligations of U.S. government agencies and corporations    
Fair Value    
Less than 12 months 30 290
Greater than 12 months 408 245
Total 438 535
Gross Unrealized Depreciation    
Less than 12 months (1) (14)
Greater than 12 months (36) (26)
Total (37) (40)
Obligations of U.S. states and political subdivisions    
Fair Value    
Less than 12 months 77 235
Greater than 12 months 199 27
Total 276 261
Gross Unrealized Depreciation    
Less than 12 months (1) (23)
Greater than 12 months (29) (9)
Total (30) (32)
Corporate Securities    
Fair Value    
Less than 12 months 1,135 2,138
Greater than 12 months 2,128 841
Total 3,263 2,979
Gross Unrealized Depreciation    
Less than 12 months (84) (175)
Greater than 12 months (224) (146)
Total (308) (321)
Asset Backed Securities    
Fair Value    
Less than 12 months 1,058 3,120
Greater than 12 months 2,426 436
Total 3,484 3,556
Gross Unrealized Depreciation    
Less than 12 months (23) (138)
Greater than 12 months (88) (27)
Total (111) (165)
Commercial    
Fair Value    
Less than 12 months 17 464
Greater than 12 months 480 36
Total 497 500
Gross Unrealized Depreciation    
Less than 12 months (1) (50)
Greater than 12 months (62) (9)
Total (63) (59)
Agency residential    
Fair Value    
Less than 12 months 319 852
Greater than 12 months 1,166 605
Total 1,485 1,456
Gross Unrealized Depreciation    
Less than 12 months (5) (54)
Greater than 12 months (160) (113)
Total (166) (167)
Non-agency residential    
Fair Value    
Less than 12 months 57 2
Greater than 12 months 3 1
Total 59 3
Gross Unrealized Depreciation    
Less than 12 months (1) 0
Greater than 12 months 0 0
Total (1) 0
Foreign government securities    
Fair Value    
Less than 12 months 108 455
Greater than 12 months 484 144
Total 591 599
Gross Unrealized Depreciation    
Less than 12 months (2) (36)
Greater than 12 months (51) (25)
Total (53) (61)
Foreign Corporate    
Fair Value    
Less than 12 months 293 967
Greater than 12 months 1,112 365
Total 1,405 1,332
Gross Unrealized Depreciation    
Less than 12 months (9) (100)
Greater than 12 months (140) (67)
Total (149) (167)
Securities where an allowance for credit loss was recorded    
Fair Value    
Less than 12 months 0 2
Greater than 12 months 0 0
Total 1 2
Gross Unrealized Depreciation    
Less than 12 months 0 (1)
Greater than 12 months (1) 0
Total $ (1) $ (1)