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SIGNIFICANT ACCOUNTING POLICIES - Assumption Updates (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Change in Accounting Estimate [Line Items]        
Policy charges and fee income $ 727 $ 811 $ 2,229 $ 2,581
Policyholders’ benefits 510 708 2,260 2,383
Interest credited to policyholders’ account balances 351 285 930 841
Net derivative gains (losses) 26 (236) 2,921 (4,152)
Income (loss) from continuing operations, before income taxes 133 497 2,582 (1,883)
Net income (loss) 88 398 2,084 (1,383)
Long-term Lapses Partial Withdrawal Rates And Election Assumptions Updates        
Change in Accounting Estimate [Line Items]        
Policy charges and fee income (17) (32) (17) (32)
Policyholders’ benefits 235 100 235 100
Interest credited to policyholders’ account balances (1)   (1)  
Net derivative gains (losses) (85) (249) (85) (249)
Decrease in amortization of DAC 7 19 7 19
Income (loss) from continuing operations, before income taxes 139 (162) 139 (162)
Net income (loss) $ 110 $ (128) $ 110 $ (128)