v3.26.1
AVAILABLE-FOR-SALE FIXED MATURITY SECURITIES - Schedule of Allowance for Credit Loss for Available-for-Sale Fixed Maturity Securities (Details) - USD ($)
$ in Millions
3 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Mar. 31, 2025
Debt Securities, Available-for-Sale, Allowance for Credit Loss [Roll Forward]        
Beginning balance $ (5) $ (4) $ (12) $ (27)
Credit losses recognized on securities for which credit losses were not previously recorded     (4) (8)
Reductions for securities sold during the period       15
Changes in previously recorded allowance 4 (1) 13 8
Ending balance (1) (5) (3) (12)
U.S. State and Municipal        
Debt Securities, Available-for-Sale, Allowance for Credit Loss [Roll Forward]        
Beginning balance (4) (3) 0 0
Credit losses recognized on securities for which credit losses were not previously recorded     0 0
Reductions for securities sold during the period       0
Changes in previously recorded allowance 4 (1) 0 0
Ending balance 0 (4) 0 0
Corporate Debt Securities        
Debt Securities, Available-for-Sale, Allowance for Credit Loss [Roll Forward]        
Beginning balance (1) (1) (10) (26)
Credit losses recognized on securities for which credit losses were not previously recorded     (3) (7)
Reductions for securities sold during the period       15
Changes in previously recorded allowance 0 0 11 8
Ending balance (1) (1) (2) (10)
Residential Mortgage Backed Securities        
Debt Securities, Available-for-Sale, Allowance for Credit Loss [Roll Forward]        
Beginning balance 0 0 (1) (1)
Credit losses recognized on securities for which credit losses were not previously recorded     0 0
Reductions for securities sold during the period       0
Changes in previously recorded allowance 0 0 1 0
Ending balance 0 0 0 (1)
Collateralized Debt Securities        
Debt Securities, Available-for-Sale, Allowance for Credit Loss [Roll Forward]        
Beginning balance 0 0 (1) 0
Credit losses recognized on securities for which credit losses were not previously recorded     (1) (1)
Reductions for securities sold during the period       0
Changes in previously recorded allowance 0 0 1 0
Ending balance $ 0 $ 0 $ (1) $ (1)