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DERIVATIVES - Financial Statement Impact of 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)
Settlement fees (7)    
Policy change reserves (55)    
GMIB Reinsurance Contracts      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses)     417
Interest credited to policyholders’ account balances     0
AOCI     0
GMxB Derivative Features’ Liability      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses)     (2,253)
Interest credited to policyholders’ account balances     0
AOCI     0
SCS, SIO, MSO and IUL Indexed Features      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) 2,955 (3,835) (1,738)
Net investment income (loss) 0    
Interest credited to policyholders’ account balances 0 0 0
AOCI 0 0 0
Embedded derivatives      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) 2,955 (3,835) (3,574)
Net investment income (loss) 0    
Interest credited to policyholders’ account balances 0 0 0
AOCI 0 0 0
Derivative instruments including embedded derivative      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) 907 (7,243) (1,722)
Net investment income (loss) 7    
Interest credited to policyholders’ account balances (4) (45) 0
AOCI 230 (82) (87)
Not Designated for Hedge Accounting      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) (1,981) (3,337) 1,861
Net investment income (loss) 0    
Interest credited to policyholders’ account balances 0 0 0
AOCI 0 0 0
Not Designated for Hedge Accounting | Currency swaps      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) 10 3 (4)
Net investment income (loss) 0    
Interest credited to policyholders’ account balances 0 0 0
AOCI 0 0 0
Not Designated for Hedge Accounting | Swaps      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) (492) (2,317) 2,832
Net investment income (loss) 0    
Interest credited to policyholders’ account balances 0 0 0
AOCI 0 0 0
Not Designated for Hedge Accounting | Futures      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) 285 (567) (1,011)
Net investment income (loss) 0    
Interest credited to policyholders’ account balances 0 0 0
AOCI 0 0 0
Not Designated for Hedge Accounting | Swaps      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) 2,644 (3,614) (3,368)
Net investment income (loss) 0    
Interest credited to policyholders’ account balances 0 0 0
AOCI 0 0 0
Not Designated for Hedge Accounting | Options      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) (2,750) 3,886 1,663
Net investment income (loss) 0    
Interest credited to policyholders’ account balances 0 0 0
AOCI 0 0 0
Not Designated for Hedge Accounting | Futures      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) (1,688) (728) 1,740
Net investment income (loss) 0    
Interest credited to policyholders’ account balances 0 0 0
AOCI 0 0 0
Not Designated for Hedge Accounting | Swaptions      
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
AOCI 0 0 0
Not Designated for Hedge Accounting | Credit default swaps      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) 7 (2) 0
Net investment income (loss) 0    
Interest credited to policyholders’ account balances 0 0 0
AOCI 0 0 0
Not Designated for Hedge Accounting | Currency forwards      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) 3 2 0
Net investment income (loss) 0    
Interest credited to policyholders’ account balances 0 0 0
AOCI 0 0 0
Cash Flow Hedge | Designated for Hedge Accounting      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) (67) (71) (9)
Net investment income (loss) 7    
Interest credited to policyholders’ account balances (4) (45) 0
AOCI 230 (82) (87)
Cash Flow Hedge | Designated for Hedge Accounting | Currency swaps      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) 19 (2) 0
Net investment income (loss) 7    
Interest credited to policyholders’ account balances (4) (45) 0
AOCI 24 5 0
Cash Flow Hedge | Designated for Hedge Accounting | Swaps      
Derivatives, Fair Value [Line Items]      
Net derivative gains (losses) (86) (69) (9)
Net investment income (loss) 0    
Interest credited to policyholders’ account balances 0 0 0
AOCI $ 206 $ (87) $ (87)