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DERIVATIVES AND HEDGING - Offsetting Assets and Liabilities (Details) - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Offsetting of Financial Assets:    
Gross Amounts of Recognized Financial Instruments $ 827 $ 811
Counterparty Netting (545) (694)
Other invested assets, Netting 0 0
Net Amounts
Presented in
the Statement
of Financial
Position 282 117
Financial Instruments/Collateral 0 0
Net Amount 282 117
Derivative instruments    
Offsetting of Financial Liabilities:    
Gross Amounts of Recognized Financial Instruments 1,059 1,302
Counterparty Netting (545) (694)
Cash Collateral (366) (514)
Net Amounts
Presented in
the Statement
of Financial
Position 148 94
Financial Instruments/Collateral (143) (94)
Net Amount 5 0
Repurchase agreements    
Offsetting of Financial Liabilities:    
Gross Amounts of Recognized Financial Instruments 1,121 967
Counterparty Netting 0 0
Cash Collateral 0 0
Net Amounts
Presented in
the Statement
of Financial
Position 1,121 967
Financial Instruments/Collateral (1,121) (967)
Net Amount 0 0
Securities lending transactions    
Offsetting of Financial Liabilities:    
Gross Amounts of Recognized Financial Instruments 2  
Counterparty Netting 0  
Cash Collateral 0  
Net Amounts
Presented in
the Statement
of Financial
Position 2  
Financial Instruments/Collateral (2)  
Net Amount 0  
Retained Business    
Offsetting of Financial Assets:    
Gross Amounts of Recognized Financial Instruments 533 638
Counterparty Netting (507) (638)
Other invested assets, Netting 0 0
Net Amounts
Presented in
the Statement
of Financial
Position 26 0
Financial Instruments/Collateral 0 0
Net Amount 26 0
Retained Business | Derivative instruments    
Offsetting of Financial Liabilities:    
Gross Amounts of Recognized Financial Instruments 1,016 1,246
Counterparty Netting (507) (638)
Cash Collateral (366) (514)
Net Amounts
Presented in
the Statement
of Financial
Position 143 94
Financial Instruments/Collateral (143) (94)
Net Amount 0 0
Ceded Business    
Offsetting of Financial Assets:    
Gross Amounts of Recognized Financial Instruments 294 173
Counterparty Netting (38) (56)
Other invested assets, Netting 0 0
Net Amounts
Presented in
the Statement
of Financial
Position 256 117
Financial Instruments/Collateral 0 0
Net Amount 256 117
Ceded Business | Derivative instruments    
Offsetting of Financial Liabilities:    
Gross Amounts of Recognized Financial Instruments 43 56
Counterparty Netting (38) (56)
Cash Collateral 0 0
Net Amounts
Presented in
the Statement
of Financial
Position 5 0
Financial Instruments/Collateral 0 0
Net Amount $ 5 $ 0