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FAIR VALUE DISCLOSURES - Fair Value Measurement Reconciliation for All Levels (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Total gains (losses), realized and unrealized, included in:    
Transfers into level 3 $ 258 $ 2
Transfers out of level 3 (110) (549)
GMxB derivative features’ liability    
Total gains (losses), realized and unrealized, included in:    
Settlement fee   46
Corporate Debt Securities [Member] | Level 3    
Total gains (losses), realized and unrealized, included in:    
Beginning Balance 1,504 1,702
Net investment income (loss) 1 1
Investment gains (losses), net 1 (6)
Total realized and unrealized gains (losses) 2 (5)
Other comprehensive income (loss) (31) 9
Purchases 232 165
Sales (87) (69)
Activity related to consolidated VIEs/VOEs 0 0
Transfers into level 3 70 2
Transfers out of level 3 (7) (549)
Ending Balance 1,683 1,255
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 0 0
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period (29) 9
State and Political Subdivisions | Level 3    
Total gains (losses), realized and unrealized, included in:    
Beginning Balance 35 39
Net investment income (loss) 0 0
Investment gains (losses), net 0 0
Total realized and unrealized gains (losses) 0 0
Other comprehensive income (loss) (2) (1)
Purchases 0 0
Sales (1) 0
Activity related to consolidated VIEs/VOEs 0 0
Transfers into level 3 0 0
Transfers out of level 3 0 0
Ending Balance 32 38
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 0 0
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period (2) (1)
Asset-backed | Level 3    
Total gains (losses), realized and unrealized, included in:    
Beginning Balance 8 20
Net investment income (loss) 0 0
Investment gains (losses), net 0 0
Total realized and unrealized gains (losses) 0 0
Other comprehensive income (loss) 0 0
Purchases 325 50
Sales (1) (5)
Activity related to consolidated VIEs/VOEs 0 0
Transfers into level 3 0 0
Transfers out of level 3 0 0
Ending Balance 332 65
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 0 0
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period 0 0
CMBS | Level 3    
Total gains (losses), realized and unrealized, included in:    
Beginning Balance 20 0
Net investment income (loss) 0 0
Investment gains (losses), net 0 0
Total realized and unrealized gains (losses) 0 0
Other comprehensive income (loss) (1) 0
Purchases 219 4
Sales 0 0
Activity related to consolidated VIEs/VOEs 0 0
Transfers into level 3 0 0
Transfers out of level 3 0 0
Ending Balance 238 4
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 0 0
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period (1) 0
Trading Securities, at Fair Value | Level 3    
Total gains (losses), realized and unrealized, included in:    
Beginning Balance 65 39
Net investment income (loss) 0 0
Investment gains (losses), net (13) 0
Total realized and unrealized gains (losses) (13) 0
Other comprehensive income (loss) 0 0
Purchases 0 0
Sales 0 0
Activity related to consolidated VIEs/VOEs 0 0
Transfers into level 3 0 0
Transfers out of level 3 0 0
Ending Balance 52 39
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period (13) 0
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period 0 0
Fixed maturities, at FVO | Level 3    
Total gains (losses), realized and unrealized, included in:    
Beginning Balance 201 80
Net investment income (loss) (4) 3
Investment gains (losses), net 0 0
Total realized and unrealized gains (losses) (4) 3
Other comprehensive income (loss) 0 0
Purchases 89 88
Sales (29) (8)
Activity related to consolidated VIEs/VOEs 0
Transfers into level 3 188 7
Transfers out of level 3 (103) (28)
Ending Balance 342 142
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period (4) 0
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period 0 0
Other equity investments | Level 3    
Total gains (losses), realized and unrealized, included in:    
Beginning Balance 16 84
Net investment income (loss) 0 1
Investment gains (losses), net 0 0
Total realized and unrealized gains (losses) 0 1
Other comprehensive income (loss) 0 0
Purchases 0 2
Sales 0 (2)
Activity related to consolidated VIEs/VOEs (2) (2)
Transfers into level 3 0 0
Transfers out of level 3 (3) 0
Ending Balance 11 83
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 0 1
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period 0 0
GMIB Reinsurance Contract Asset    
Total gains (losses), realized and unrealized, included in:    
Non-performance risk (36) (15)
GMIB Reinsurance Contract Asset | Level 3    
Total gains (losses), realized and unrealized, included in:    
Beginning Balance 1,848 2,488
Net investment income (loss) 0 0
Investment gains (losses), net (260) (578)
Total realized and unrealized gains (losses) (260) (578)
Other comprehensive income (loss) 0 0
Purchases 10 11
Sales (16) (14)
Activity related to consolidated VIEs/VOEs 0 0
Transfers into level 3 0 0
Transfers out of level 3 0 0
Ending Balance 1,582 1,907
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period (260) (578)
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period 0 0
Amounts Due from Reinsurers    
Total gains (losses), realized and unrealized, included in:    
Non-performance risk (42) 0
Amounts Due from Reinsurers | Level 3    
Total gains (losses), realized and unrealized, included in:    
Beginning Balance 5,815 0
Net investment income (loss) 0 0
Investment gains (losses), net (767) 0
Total realized and unrealized gains (losses) (767) 0
Other comprehensive income (loss) 0 0
Purchases 33 0
Sales (25) 0
Activity related to consolidated VIEs/VOEs 0 0
Transfers into level 3 0
Transfers out of level 3 0 0
Ending Balance 5,056 0
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period (767) 0
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period 0 0
Separate Accounts Assets | Level 3    
Total gains (losses), realized and unrealized, included in:    
Beginning Balance 1 1
Net investment income (loss) 0 0
Investment gains (losses), net 0 0
Total realized and unrealized gains (losses) 0 0
Other comprehensive income (loss) 0 0
Purchases 0 0
Sales (1) 0
Activity related to consolidated VIEs/VOEs 0 0
Transfers into level 3 0 0
Transfers out of level 3 0 (1)
Ending Balance 0 0
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 0 0
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period 0 0
GMxB Derivative Features Liability    
Total gains (losses), realized and unrealized, included in:    
Non-performance risk 483 79
GMxB Derivative Features Liability | Level 3    
Total gains (losses), realized and unrealized, included in:    
Beginning Balance (8,525) (11,131)
Net investment income (loss) 0 0
Investment gains (losses), net 1,688 3,408
Total realized and unrealized gains (losses) 1,688 3,408
Other comprehensive income (loss) 0 0
Purchases (120) (119)
Sales 32 18
Activity related to consolidated VIEs/VOEs 0 0
Transfers into level 3 0 0
Transfers out of level 3 0 0
Ending Balance (6,925) (7,824)
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 1,688 3,408
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period 0 0
Contingent Payment Arrangement | Level 3    
Total gains (losses), realized and unrealized, included in:    
Beginning Balance (38) (28)
Net investment income (loss) 0 0
Investment gains (losses), net 0 0
Total realized and unrealized gains (losses) 0 0
Other comprehensive income (loss) 0 0
Purchases 1 (7)
Sales 0 0
Activity related to consolidated VIEs/VOEs 0 (1)
Transfers into level 3 0 0
Transfers out of level 3 0 0
Ending Balance (37) (36)
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 0 0
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period $ 0 $ 0