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ACQUISITION OF BUSINESS (Tables)
6 Months Ended
Jun. 30, 2022
Disclosure of detailed information about business combination [abstract]  
Summary of consideration transferred, assets acquired, and liabilities assumed he following summarizes the consideration transferred, fair value of assets acquired and liabilities assumed at the acquisition date:
(in millions)
Total consideration transferred for the acquisition$5,107 
Assets acquired
Cash and cash equivalents1,021 
Investments22,518 
Accrued investment income101 
Reinsurance recoverables45 
Premiums due and other receivables437 
Deferred tax assets389 
Property and equipment175 
Prepaid pension149 
Equity accounted investment1,402 
Deferred acquisition costs273 
Reinsurance assets386 
Investment properties541 
Other assets198 
Separate account assets1,123 
Total assets to be acquired28,758 
Liabilities assumed
Future policy benefits5,034 
Policyholders' account balances13,940 
Policy and contract claims1,706 
Unearned premium reserve1,073 
Other policyholder funds334 
Notes payable158 
Other liabilities449 
Separate account liabilities1,123 
Total liabilities to be assumed23,817 
Less: Noncontrolling interest(10)
Net assets to be acquired4,931 
Goodwill$176