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INVESTMENTS - Summary of Aggregate Market Value and Gross Unrealized Depreciation of Fixed Maturity and Equity Securities, by Contractual Maturity (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)
Due in one year or less    
Fair Value    
Less than 12 months 214 463
Greater than 12 months 473 29
Total 687 491
Gross Unrealized Depreciation    
Less than 12 months (3) (8)
Greater than 12 months (15) (4)
Total (18) (11)
Due in one year through five years    
Fair Value    
Less than 12 months 533 2,020
Greater than 12 months 2,413 936
Total 2,946 2,956
Gross Unrealized Depreciation    
Less than 12 months (16) (143)
Greater than 12 months (228) (107)
Total (244) (250)
Due in five years through ten years    
Fair Value    
Less than 12 months 405 1,162
Greater than 12 months 1,140 395
Total 1,545 1,557
Gross Unrealized Depreciation    
Less than 12 months (16) (148)
Greater than 12 months (186) (98)
Total (203) (246)
Due after ten years    
Fair Value    
Less than 12 months 491 439
Greater than 12 months 304 262
Total 795 701
Gross Unrealized Depreciation    
Less than 12 months (60) (50)
Greater than 12 months (52) (64)
Total (112) (114)
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)
Mortgage-backed securities    
Fair Value    
Less than 12 months 393 1,318
Greater than 12 months 1,649 641
Total 2,041 1,959
Gross Unrealized Depreciation    
Less than 12 months (7) (105)
Greater than 12 months (223) (122)
Total (230) (226)
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)