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DERIVATIVE INSTRUMENTS - Schedule of Interest Rate Fair Value Hedges Hedged Items (Details) - Fixed maturity securities - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Carrying Amount of Hedged Assets/ (Liabilities) [1] $ 1,452 $ 1,692
Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of Hedged Assets/(Liabilities) $ 153 $ 164
[1] The balance includes hedging adjustment on discontinued hedging relationships of $153 in 2024 and $164 in 2023.