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MARKET RISK BENEFITS - Changes in the Market Risk Benefits for Deferred Variable Annuities (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Individual Retirement | GMxB Core        
Market Risk Benefit [Roll Forward]        
Balance, beginning of the period $ 315 $ 317 $ 590 $ 530
Balance BOP before changes in the instrument specific credit risk 70 550 322 529
Model changes and effect of changes in cash flow assumptions 0 0 (2) 0
Actual market movement effect (4) (119) (164) (330)
Interest accrual 15 20 31 38
Attributed fees accrued 111 111 206 206
Benefit payments (11) (12) (21) (24)
Actual policyholder behavior different from expected behavior 9 5 14 12
Changes in future economic assumptions (71) (202) (265) (77)
Issuances 0 (2) (2) (3)
Balance EOP before changes in the instrument-specific credit risk 119 351 119 351
Changes in the instrument-specific credit risk 285 (220) 285 (220)
Balance, end of the period $ 404 $ 131 $ 404 $ 131
Weighted-average age of policyholders (years) 64 years 10 months 24 days 64 years 64 years 10 months 24 days 64 years
Net amount at risk $ 2,867 $ 3,165 $ 2,867 $ 3,165
Legacy | GMxB Legacy        
Market Risk Benefit [Roll Forward]        
Balance, beginning of the period 11,701 14,082 13,418 14,699
Balance BOP before changes in the instrument specific credit risk 11,326 15,599 13,028 15,314
Model changes and effect of changes in cash flow assumptions 0 0 (8) 0
Actual market movement effect 45 (636) (743) (1,380)
Interest accrual 153 194 314 391
Attributed fees accrued 198 209 398 418
Benefit payments (311) (344) (632) (686)
Actual policyholder behavior different from expected behavior 0 (7) (23) 14
Changes in future economic assumptions (513) (873) (1,436) 71
Issuances 0 0 0 0
Balance EOP before changes in the instrument-specific credit risk 10,898 14,142 10,898 14,142
Changes in the instrument-specific credit risk 520 (1,422) 520 (1,422)
Balance, end of the period $ 11,418 $ 12,720 $ 11,418 $ 12,720
Weighted-average age of policyholders (years) 73 years 3 months 18 days 72 years 9 months 18 days 73 years 3 months 18 days 72 years 9 months 18 days
Net amount at risk $ 19,710 $ 22,195 $ 19,710 $ 22,195
Legacy | Purchased MRB        
Market Risk Benefit [Roll Forward]        
Balance, beginning of the period (8,333) (10,669) (9,420) (10,415)
Balance BOP before changes in the instrument specific credit risk (8,306) (10,570) (9,387) (10,358)
Model changes and effect of changes in cash flow assumptions 0 0 150 0
Actual market movement effect 5 315 398 702
Interest accrual (110) (134) (223) (287)
Attributed fees accrued (56) (58) (136) (141)
Benefit payments 162 185 331 370
Actual policyholder behavior different from expected behavior (10) (8) (1) (26)
Changes in future economic assumptions 345 443 898 (87)
Issuances 0 0 0 0
Balance EOP before changes in the instrument-specific credit risk (7,970) (9,827) (7,970) (9,827)
Changes in the instrument-specific credit risk (19) (96) (19) (96)
Balance, end of the period $ (7,989) $ (9,923) $ (7,989) $ (9,923)
Weighted-average age of policyholders (years) 72 years 10 months 24 days 72 years 3 months 18 days 72 years 10 months 24 days 72 years 3 months 18 days
Net amount at risk $ 10,443 $ 11,821 $ 10,443 $ 11,821
Legacy | Net Legacy        
Market Risk Benefit [Roll Forward]        
Balance, beginning of the period 3,368 3,413 3,998 4,284
Balance BOP before changes in the instrument specific credit risk 3,020 5,029 3,641 4,956
Model changes and effect of changes in cash flow assumptions 0 0 142 0
Actual market movement effect 50 (321) (345) (678)
Interest accrual 43 60 91 104
Attributed fees accrued 142 151 262 277
Benefit payments (149) (159) (301) (316)
Actual policyholder behavior different from expected behavior (10) (15) (24) (12)
Changes in future economic assumptions (168) (430) (538) (16)
Issuances 0 0 0 0
Balance EOP before changes in the instrument-specific credit risk 2,928 4,315 2,928 4,315
Changes in the instrument-specific credit risk 501 (1,518) 501 (1,518)
Balance, end of the period $ 3,429 $ 2,797 $ 3,429 $ 2,797