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INVESTMENTS - Schedule of Allowance for Credit Losses for AFS Debt Securities (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Debt Securities, Available-for-sale, Allowance for Credit Loss [Roll Forward]      
Allowance for credit losses at beginning of year $ 8 $ 5 $ 0
Gross write-offs 0 0 0
Gross recoveries 5 0 2
Net credit losses (NCLs) 5 0 2
Credit losses on securities without previous credit losses 2 3 8
Net reserve builds (releases) on securities with previous credit losses (2) 0 (3)
Total provision for credit losses [1] (5) 3 3
Initial allowance on newly purchased credit-deteriorated securities during the year 0 0 0
Allowance for credit losses at end of year 3 8 5
Mortgage-backed securities      
Debt Securities, Available-for-sale, Allowance for Credit Loss [Roll Forward]      
Allowance for credit losses at beginning of year 0 0 0
Gross write-offs 0 0 0
Gross recoveries 0 0 0
Net credit losses (NCLs) 0 0 0
Credit losses on securities without previous credit losses 0 0 0
Net reserve builds (releases) on securities with previous credit losses 0 0 0
Total provision for credit losses 0 0 0
Initial allowance on newly purchased credit-deteriorated securities during the year 0 0 0
Allowance for credit losses at end of year 0 0 0
U.S. Treasury and federal agency securities      
Debt Securities, Available-for-sale, Allowance for Credit Loss [Roll Forward]      
Allowance for credit losses at beginning of year 0 0 0
Gross write-offs 0 0 0
Gross recoveries 0 0 0
Net credit losses (NCLs) 0 0 0
Credit losses on securities without previous credit losses 0 0 0
Net reserve builds (releases) on securities with previous credit losses 0 0 0
Total provision for credit losses 0 0 0
Initial allowance on newly purchased credit-deteriorated securities during the year 0 0 0
Allowance for credit losses at end of year 0 0 0
State and municipal      
Debt Securities, Available-for-sale, Allowance for Credit Loss [Roll Forward]      
Allowance for credit losses at beginning of year 0 0 0
Gross write-offs 0 0 0
Gross recoveries 0 0 0
Net credit losses (NCLs) 0 0 0
Credit losses on securities without previous credit losses 0 0 0
Net reserve builds (releases) on securities with previous credit losses 0 0 0
Total provision for credit losses 0 0 0
Initial allowance on newly purchased credit-deteriorated securities during the year 0 0 0
Allowance for credit losses at end of year 0 0 0
Foreign government      
Debt Securities, Available-for-sale, Allowance for Credit Loss [Roll Forward]      
Allowance for credit losses at beginning of year 0 0 0
Gross write-offs 0 0 0
Gross recoveries 0 0 0
Net credit losses (NCLs) 0 0 0
Credit losses on securities without previous credit losses 0 0 3
Net reserve builds (releases) on securities with previous credit losses 0 0 (3)
Total provision for credit losses 0 0 0
Initial allowance on newly purchased credit-deteriorated securities during the year 0 0 0
Allowance for credit losses at end of year 0 0 0
Corporate      
Debt Securities, Available-for-sale, Allowance for Credit Loss [Roll Forward]      
Allowance for credit losses at beginning of year 8 5 0
Gross write-offs 0 0 0
Gross recoveries 5 0 2
Net credit losses (NCLs) 5 0 2
Credit losses on securities without previous credit losses 2 3 5
Net reserve builds (releases) on securities with previous credit losses (2) 0 0
Total provision for credit losses (5) 3 3
Initial allowance on newly purchased credit-deteriorated securities during the year 0 0 0
Allowance for credit losses at end of year $ 3 $ 8 $ 5
[1] n accordance with ASC 326, which requires the provision for credit losses on AFS securities to be included in revenue.