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FAIR VALUE DISCLOSURES - Fair Value Measurement Reconciliation For All Levels (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Total gains and (losses), realized and unrealized, included in:        
Transfers into Level 3     $ 90 $ 0
Transfers out of Level 3     (114) (713)
Amounts Due from Reinsurers        
Total gains and (losses), realized and unrealized, included in:        
Nonperformance risk $ (16) $ (19) (93) (7)
GMIB reinsurance contract asset        
Total gains and (losses), realized and unrealized, included in:        
Nonperformance risk 8 8 (80) 9
GMxB Derivative Features Liability        
Total gains and (losses), realized and unrealized, included in:        
Nonperformance risk (41) (92) 835 (68)
Level 3 | Corporate        
Total gains and (losses), realized and unrealized, included in:        
Beginning Balance 1,752 1,249 1,493 1,687
Net investment income (loss) 1 1 3 4
Investment gains (losses), net (3) (1) (3) (14)
Total realized and unrealized gains (losses) (2) 0 0 (10)
Other comprehensive income (loss) (70) 4 (151) 30
Purchases 217 259 765 718
Sales (35) (70) (195) (272)
Activity related to consolidated VIEs/VOEs 0 0 0 0
Transfers into Level 3 25 (2) 90 0
Transfers out of Level 3 7 0 (108) (713)
Closing Balance 1,894 1,440 1,894 1,440
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 0 0 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 (70) 4 (148) 30
Level 3 | States and political subdivisions        
Total gains and (losses), realized and unrealized, included in:        
Beginning Balance 30 37 35 39
Net investment income (loss) 0 0 0
Investment gains (losses), net 0 0 0
Total realized and unrealized gains (losses) 0 0 0 0
Other comprehensive income (loss) (1) 0 (5) (1)
Purchases 0 0 0 0
Sales 0 0 (1) (1)
Activity related to consolidated VIEs/VOEs 0 0 0 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Closing Balance 29 37 29 37
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 0 0 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 (5) (2)
Level 3 | CMBS        
Total gains and (losses), realized and unrealized, included in:        
Beginning Balance 25 11 20 0
Net investment income (loss) 0 0 0 0
Investment gains (losses), net 0 0 0 0
Total realized and unrealized gains (losses) 0 0 0 0
Other comprehensive income (loss) 0 0 (2) 0
Purchases 7 (1) 14 10
Sales 0 0 0 0
Activity related to consolidated VIEs/VOEs 0 0 0 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Closing Balance 32 10 32 10
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 0 0 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 (2) 0
Level 3 | Asset-backed        
Total gains and (losses), realized and unrealized, included in:        
Beginning Balance 18 127 8 20
Net investment income (loss) 0 0 0 0
Investment gains (losses), net 0 0 0 0
Total realized and unrealized gains (losses) 0 0 0 0
Other comprehensive income (loss) 0 0 0 0
Purchases (2) (120) 9 3
Sales 0 (2) (1) (18)
Activity related to consolidated VIEs/VOEs 0 0 0 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 (6) 0 (6) 0
Closing Balance 10 5 10 5
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 0 0 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 0 0
Level 3 | Other Equity Investments        
Total gains and (losses), realized and unrealized, included in:        
Beginning Balance 18 13 13 15
Net investment income (loss) (1) 1 (1) 2
Investment gains (losses), net 0 0 0 0
Total realized and unrealized gains (losses) (1) 1 (1) 2
Other comprehensive income (loss) 0 0 0 0
Purchases 0 0 8 0
Sales 0 (1) 0 (1)
Other   0   0
Activity related to consolidated VIEs/VOEs 0 1 (3) (1)
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 1 0 0
Closing Balance 17 15 17 15
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period (1) 1 (1) 2
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 0 0
Level 3 | Amounts Due from Reinsurers        
Total gains and (losses), realized and unrealized, included in:        
Beginning Balance 4,681 5,510 5,815 0
Net investment income (loss) 0 0 0 0
Investment gains (losses), net (364) 344 (1,506) 586
Total realized and unrealized gains (losses) (364) 344 (1,506) 586
Other comprehensive income (loss) 0 0 0 0
Purchases 28 31 89 40
Sales (33) (16) (86) (16)
Other   0   5,259
Activity related to consolidated VIEs/VOEs 0 0 0 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Closing Balance 4,312 5,869 4,312 5,869
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period (364) 344 (1,506) 586
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 0 0
Level 3 | GMIB reinsurance contract asset        
Total gains and (losses), realized and unrealized, included in:        
Beginning Balance 1,612 2,290 2,068 2,859
Net investment income (loss) 0 0 0 0
Investment gains (losses), net (227) (128) (672) (694)
Total realized and unrealized gains (losses) (227) (128) (672) (694)
Other comprehensive income (loss) 0 0 0 0
Purchases 10 10 31 32
Sales (23) (16) (55) (41)
Other   0   0
Activity related to consolidated VIEs/VOEs 0 0 0 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0
Closing Balance 1,372 2,156 1,372 2,156
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period (227) (128) (672) (694)
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 0 0
Level 3 | Separate Accounts Assets        
Total gains and (losses), realized and unrealized, included in:        
Beginning Balance 1 1 1 1
Net investment income (loss) 0 0 0 0
Investment gains (losses), net 0 0 0 0
Total realized and unrealized gains (losses) 0 0 0 0
Other comprehensive income (loss) 0 0 0 0
Purchases 0 (1) 0 0
Sales 0 0 0 0
Other   0   0
Activity related to consolidated VIEs/VOEs 0 0 0 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 (1)
Closing Balance 1 0 1 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 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 0 0
Level 3 | GMxB Derivative Features Liability        
Total gains and (losses), realized and unrealized, included in:        
Beginning Balance (6,189) (8,455) (8,525) (10,936)
Net investment income (loss) 0 0 0 0
Investment gains (losses), net 427 (395) 2,932 2,291
Total realized and unrealized gains (losses) 427 (395) 2,932 2,291
Other comprehensive income (loss) 0 0 0 0
Purchases (110) (109) (345) (344)
Sales 38 21 104 51
Other   0   0
Activity related to consolidated VIEs/VOEs 0 0 0 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Closing Balance (5,834) (8,938) (5,834) (8,938)
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 427 (395) 2,932 2,291
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 $ 0 $ 0