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DERIVATIVES - Derivatives by Category (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2022
Derivatives, Fair Value [Line Items]      
Net derivatives gain (losses) $ (841) $ 159  
Net investment income (loss) 990 804  
Interest credited to policyholders’ account balances (463) (313)  
Designated for Hedge Accounting | Cash Flow Hedge      
Derivatives, Fair Value [Line Items]      
Notional Amount 2,535   $ 2,386
Derivative Assets 98   99
Derivative Liabilities 422   379
Net derivatives gain (losses) 3 (18)  
Net investment income (loss) 3 0  
Interest credited to policyholders’ account balances (34) (18)  
Amount reclassified from AOCI to income (3) (7)  
Not Designated for Hedge Accounting      
Derivatives, Fair Value [Line Items]      
Notional Amount 84,069   71,455
Derivative Assets 9,310   8,045
Derivative Liabilities 8,326   8,113
Net derivatives gain (losses) 767 (145)  
Net investment income (loss) 0 0  
Interest credited to policyholders’ account balances 0 0  
Amount reclassified from AOCI to income 0 0  
Currency swaps | Designated for Hedge Accounting | Cash Flow Hedge      
Derivatives, Fair Value [Line Items]      
Notional Amount 1,580   1,431
Derivative Assets 98   99
Derivative Liabilities 87   85
Net derivatives gain (losses) 7 (4)  
Net investment income (loss) 3 0  
Interest credited to policyholders’ account balances (34) (18)  
Amount reclassified from AOCI to income 25 13  
Currency swaps | Not Designated for Hedge Accounting      
Derivatives, Fair Value [Line Items]      
Notional Amount 548   397
Derivative Assets 4   4
Derivative Liabilities 10   13
Net derivatives gain (losses) (10) 5  
Net investment income (loss) 0 0  
Interest credited to policyholders’ account balances 0 0  
Amount reclassified from AOCI to income 0 0  
Swaps | Designated for Hedge Accounting | Cash Flow Hedge      
Derivatives, Fair Value [Line Items]      
Notional Amount 955   955
Derivative Assets 0   0
Derivative Liabilities 335   294
Net derivatives gain (losses) (4) (14)  
Net investment income (loss) 0 0  
Interest credited to policyholders’ account balances 0 0  
Amount reclassified from AOCI to income (28) (20)  
Swaps | Not Designated for Hedge Accounting      
Derivatives, Fair Value [Line Items]      
Notional Amount 1,980   1,515
Derivative Assets 17   0
Derivative Liabilities 92   166
Net derivatives gain (losses) 48 (149)  
Net investment income (loss) 0 0  
Interest credited to policyholders’ account balances 0 0  
Amount reclassified from AOCI to income 0 0  
Futures | Not Designated for Hedge Accounting      
Derivatives, Fair Value [Line Items]      
Notional Amount 5,515   5,151
Derivative Assets 0   2
Derivative Liabilities 5   0
Net derivatives gain (losses) (143) 58  
Net investment income (loss) 0 0  
Interest credited to policyholders’ account balances 0 0  
Amount reclassified from AOCI to income 0 0  
Swaps | Not Designated for Hedge Accounting      
Derivatives, Fair Value [Line Items]      
Notional Amount 12,281   11,188
Derivative Assets 58   39
Derivative Liabilities 9   9
Net derivatives gain (losses) (605) 734  
Net investment income (loss) 0 0  
Interest credited to policyholders’ account balances 0 0  
Amount reclassified from AOCI to income 0 0  
Options | Not Designated for Hedge Accounting      
Derivatives, Fair Value [Line Items]      
Notional Amount 51,196   40,122
Derivative Assets 8,814   7,583
Derivative Liabilities 2,955   3,412
Net derivatives gain (losses) 1,501 (284)  
Net investment income (loss) 0 0  
Interest credited to policyholders’ account balances 0 0  
Amount reclassified from AOCI to income 0 0  
Futures | Not Designated for Hedge Accounting      
Derivatives, Fair Value [Line Items]      
Notional Amount 12,191   12,693
Derivative Assets 0   0
Derivative Liabilities 0   0
Net derivatives gain (losses) (22) (512)  
Net investment income (loss) 0 0  
Interest credited to policyholders’ account balances 0 0  
Amount reclassified from AOCI to income 0 0  
Credit default swaps | Not Designated for Hedge Accounting      
Derivatives, Fair Value [Line Items]      
Notional Amount 321   327
Derivative Assets 12   18
Derivative Liabilities 7   9
Net derivatives gain (losses) (2) 2  
Net investment income (loss) 0 0  
Interest credited to policyholders’ account balances 0 0  
Amount reclassified from AOCI to income 0 0  
Currency forwards | Not Designated for Hedge Accounting      
Derivatives, Fair Value [Line Items]      
Notional Amount 37   62
Derivative Assets 14   31
Derivative Liabilities 15   32
Net derivatives gain (losses) 0 1  
Net investment income (loss) 0 0  
Interest credited to policyholders’ account balances 0 0  
Amount reclassified from AOCI to income 0 0  
Margin | Not Designated for Hedge Accounting      
Derivatives, Fair Value [Line Items]      
Notional Amount 0   0
Derivative Assets 242   226
Derivative Liabilities 0   0
Net derivatives gain (losses) 0 0  
Net investment income (loss) 0 0  
Interest credited to policyholders’ account balances 0 0  
Amount reclassified from AOCI to income 0 0  
Collateral | Not Designated for Hedge Accounting      
Derivatives, Fair Value [Line Items]      
Notional Amount 0   0
Derivative Assets 149   142
Derivative Liabilities 5,233   4,472
Net derivatives gain (losses) 0 0  
Net investment income (loss) 0 0  
Interest credited to policyholders’ account balances 0 0  
Amount reclassified from AOCI to income 0 0  
SCS, SIO, MSO and IUL Indexed Features      
Derivatives, Fair Value [Line Items]      
Notional Amount 0   0
Derivative Assets 0   0
Derivative Liabilities 6,063   4,164
Net derivatives gain (losses) (1,611) 322  
Net investment income (loss) 0 0  
Interest credited to policyholders’ account balances 0 0  
Amount reclassified from AOCI to income 0 0  
Embedded Derivatives      
Derivatives, Fair Value [Line Items]      
Notional Amount 0   0
Derivative Assets 0   0
Derivative Liabilities 6,063   4,164
Net derivatives gain (losses) (1,611) 322  
Net investment income (loss) 0 0  
Interest credited to policyholders’ account balances 0 0  
Amount reclassified from AOCI to income 0 0  
Derivative Instruments Including Embedded Derivative      
Derivatives, Fair Value [Line Items]      
Notional Amount 86,604   73,841
Derivative Assets 9,408   8,144
Derivative Liabilities 14,811   $ 12,656
Net derivatives gain (losses) (841) 159  
Net investment income (loss) 3 0  
Interest credited to policyholders’ account balances (34) (18)  
Amount reclassified from AOCI to income $ (3) $ (7)