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DAC AND POLICYHOLDER BONUS INTEREST CREDITS - Rollforward of DAC Costs (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]      
Balance, beginning of year $ 4,267 $ 3,816 $ 4,225
Balance, beginning of year 4,267 3,816  
Capitalization of commissions, sales and issue expenses 702 724 564
Amortization:      
Impact of assumptions updates and model changes 7 19 (866)
All other (473) (475) (467)
Total amortization (466) (456) (1,333)
Change in unrealized investment gains and losses 1,354 183 360
Balance, end of Year $ 5,857 4,267 3,816
Balance, end of year   $ 4,267 $ 3,816