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DERIVATIVES - Derivatives by Category (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) $ 907 $ (7,149) $ (1,722)
Net investment income (loss) 3,315 3,846 3,477
Interest credited to policyholders’ account balances (1,410) (1,219) (1,222)
Designated for Hedge Accounting | Cash Flow Hedge      
Derivatives, Fair Value [Line Items]      
Notional Amount 2,386 1,876  
Derivative Assets 99 7  
Derivative Liabilities 379 437  
Net derivative gains (losses) (67) (71) (9)
Net investment income (loss) 7    
Interest credited to policyholders’ account balances (4) (45) 0
Amount reclassified from AOCI to income 230 (82) (87)
Not Designated for Hedge Accounting      
Derivatives, Fair Value [Line Items]      
Notional Amount 71,455 80,365  
Derivative Assets 8,045 12,351  
Derivative Liabilities 8,113 11,293  
Net derivative gains (losses) (1,981) (3,337) 1,861
Net investment income (loss) 0    
Interest credited to policyholders’ account balances 0 0 0
Amount reclassified from AOCI to income 0 0 0
Currency swaps | Designated for Hedge Accounting | Cash Flow Hedge      
Derivatives, Fair Value [Line Items]      
Notional Amount 1,431 921  
Derivative Assets 99 7  
Derivative Liabilities 85 42  
Net derivative gains (losses) 19 (2) 0
Net investment income (loss) 7    
Interest credited to policyholders’ account balances (4) (45) 0
Amount reclassified from AOCI to income 24 5 0
Currency swaps | Not Designated for Hedge Accounting      
Derivatives, Fair Value [Line Items]      
Notional Amount 397 541  
Derivative Assets 4 1  
Derivative Liabilities 13 0  
Net derivative gains (losses) 10 3 (4)
Net investment income (loss) 0    
Interest credited to policyholders’ account balances 0 0 0
Amount reclassified from AOCI to income 0 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 294 395  
Net derivative gains (losses) (86) (69) (9)
Net investment income (loss) 0    
Interest credited to policyholders’ account balances 0 0 0
Amount reclassified from AOCI to income 206 (87) (87)
Swaps | Not Designated for Hedge Accounting      
Derivatives, Fair Value [Line Items]      
Notional Amount 1,515 1,889  
Derivative Assets 0 0  
Derivative Liabilities 166 46  
Net derivative gains (losses) (492) (2,317) 2,832
Net investment income (loss) 0    
Interest credited to policyholders’ account balances 0 0 0
Amount reclassified from AOCI to income 0 0 0
Futures | Not Designated for Hedge Accounting      
Derivatives, Fair Value [Line Items]      
Notional Amount 5,151 2,640  
Derivative Assets 2 0  
Derivative Liabilities 0 1  
Net derivative gains (losses) 285 (567) (1,011)
Net investment income (loss) 0    
Interest credited to policyholders’ account balances 0 0 0
Amount reclassified from AOCI to income 0 0 0
Swaps | Not Designated for Hedge Accounting      
Derivatives, Fair Value [Line Items]      
Notional Amount 11,188 13,378  
Derivative Assets 39 6  
Derivative Liabilities 9 4  
Net derivative gains (losses) 2,644 (3,614) (3,368)
Net investment income (loss) 0    
Interest credited to policyholders’ account balances 0 0 0
Amount reclassified from AOCI to income 0 0 0
Options | Not Designated for Hedge Accounting      
Derivatives, Fair Value [Line Items]      
Notional Amount 40,122 48,489  
Derivative Assets 7,583 12,024  
Derivative Liabilities 3,412 5,065  
Net derivative gains (losses) (2,750) 3,886 1,663
Net investment income (loss) 0    
Interest credited to policyholders’ account balances 0 0 0
Amount reclassified from AOCI to income 0 0 0
Futures | Not Designated for Hedge Accounting      
Derivatives, Fair Value [Line Items]      
Notional Amount 12,693 12,575  
Derivative Assets 0 0  
Derivative Liabilities 0 0  
Net derivative gains (losses) (1,688) (728) 1,740
Net investment income (loss) 0    
Interest credited to policyholders’ account balances 0 0 0
Amount reclassified from AOCI to income 0 0 0
Swaptions | Not Designated for Hedge Accounting      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) 0 0 9
Net investment income (loss) 0    
Interest credited to policyholders’ account balances 0 0 0
Amount reclassified from AOCI to income 0 0 0
Credit default swaps | Not Designated for Hedge Accounting      
Derivatives, Fair Value [Line Items]      
Notional Amount 327 774  
Derivative Assets 18 9  
Derivative Liabilities 9 10  
Net derivative gains (losses) 7 (2) 0
Net investment income (loss) 0    
Interest credited to policyholders’ account balances 0 0 0
Amount reclassified from AOCI to income 0 0 0
Currency forwards | Not Designated for Hedge Accounting      
Derivatives, Fair Value [Line Items]      
Notional Amount 62 79  
Derivative Assets 31 8  
Derivative Liabilities 32 7  
Net derivative gains (losses) 3 2 0
Net investment income (loss) 0    
Interest credited to policyholders’ account balances 0 0 0
Amount reclassified from AOCI to income 0 0 0
Margin | Not Designated for Hedge Accounting      
Derivatives, Fair Value [Line Items]      
Notional Amount 0 0  
Derivative Assets 226 125  
Derivative Liabilities 0 0  
Collateral | Not Designated for Hedge Accounting      
Derivatives, Fair Value [Line Items]      
Notional Amount 0 0  
Derivative Assets 142 178  
Derivative Liabilities 4,472 6,160  
GMIB Reinsurance Contracts      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses)     417
Interest credited to policyholders’ account balances     0
Amount reclassified from AOCI to income     0
GMxB Derivative Features’ Liability      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses)     (2,253)
Interest credited to policyholders’ account balances     0
Amount reclassified from AOCI to income     0
SCS, SIO, MSO and IUL Indexed Features      
Derivatives, Fair Value [Line Items]      
Notional Amount 0 0  
Derivative Assets 0 0  
Derivative Liabilities 4,164 6,773  
Net derivative gains (losses) 2,955 (3,835) (1,738)
Net investment income (loss) 0    
Interest credited to policyholders’ account balances 0 0 0
Amount reclassified from AOCI to income 0 0 0
Embedded derivatives      
Derivatives, Fair Value [Line Items]      
Notional Amount 0 0  
Derivative Assets 0 0  
Derivative Liabilities 4,164 6,773  
Net derivative gains (losses) 2,955 (3,835) (3,574)
Net investment income (loss) 0    
Interest credited to policyholders’ account balances 0 0 0
Amount reclassified from AOCI to income 0 0 0
Derivative instruments including embedded derivative      
Derivatives, Fair Value [Line Items]      
Notional Amount 73,841 82,241  
Derivative Assets 8,144 12,358  
Derivative Liabilities 12,656 18,503  
Net derivative gains (losses) 907 (7,243) (1,722)
Net investment income (loss) 7    
Interest credited to policyholders’ account balances (4) (45) 0
Amount reclassified from AOCI to income $ 230 $ (82) $ (87)