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CLOSED BLOCK (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2019
Dec. 31, 2018
Closed Block Liabilities:          
Future policy benefits, policyholders’ account balances and other       $ 6,478 $ 6,709
Policyholder dividend obligation $ 2 $ 0 $ 19 2 0
Other liabilities       38 47
Total Closed Block liabilities       6,518 6,756
Assets Designated to the Closed Block:          
Fixed maturities available-for-sale, at fair value (amortized cost of $3,558 and $3,680)       3,754 3,672
Mortgage loans on real estate, net of valuation allowance of $- and $-       1,759 1,824
Policy loans       706 736
Cash and other invested assets       82 76
Other assets       145 179
Total assets designated to the Closed Block       6,446 6,487
Excess of Closed Block liabilities over assets designated to the Closed Block       72 269
Amounts included in Accumulated other comprehensive income (loss):          
Net unrealized investment gains (losses), net of policyholders’ dividend obligation: $(2) and $0; and net of income tax: $41 and $0       164 8
Maximum future earnings to be recognized from closed block assets and liabilities       236 277
Revenues:          
Premiums and other income 182 194 224    
Net investment income (loss) 278 291 314    
Investment gains (losses), net (1) (3) (20)    
Total revenues 459 482 518    
Benefits and Other Deductions:          
Policyholders’ benefits and dividends 439 471 537    
Other operating costs and expenses 2 3 2    
Total benefits and other deductions 441 474 539    
Net income (loss), before income taxes 18 8 (21)    
Income tax (expense) benefit (2) (3) (36)    
Net income (loss) 16 5 (57)    
Movement in Closed Block Dividend Obligation [Roll Forward]          
Balances, beginning of year 0 19 52    
Unrealized investment gains (losses) 2 (19) (33)    
Balances, End of year 2 0 19    
Policyholder dividend obligation $ (2) $ 0 $ (19) (2) 0
Closed block operations, income taxes       41 0
Closed block investments fixed maturity available for sale amortized cost       3,588 3,680
Closed block, mortgage loans on real estate, valuation allowance       $ 0 $ 0