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MARKET RISK BENEFITS - Changes in the Market Risk Benefits for Deferred Variable Annuities (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2022
Dec. 31, 2020
Market Risk Benefit [Roll Forward]        
Benefit payments $ (172) $ (122)    
Market risk benefits       $ 23,416
Balance, end of the period (109) 257    
GMxB Core        
Market Risk Benefit [Roll Forward]        
Net amount at risk 3,278 1,785    
GMxB Core | Individual Retirement        
Market Risk Benefit [Roll Forward]        
Balance, beginning of the period 539 1,061    
Balance BOP before changes in the instrument specific credit risk 538 666    
Model changes and effect of changes in cash flow assumptions 0 0    
Actual market movement effect (206) 324    
Interest accrual 18 5    
Attributed fees accrued 94 92    
Benefit payments (12) 5    
Actual policyholder behavior different from expected behavior 5 0    
Changes in future economic assumptions 123 (535)    
Issuances 0 (3)    
Balance EOP before changes in the instrument-specific credit risk 560 544    
Market risk benefits (227) (37)   2,144
Balance, end of the period $ 333 $ 507    
Weighted-average age of policyholders (years) 63 years 9 months 18 days 62 years 9 months 18 days    
Net amount at risk $ 333   $ 539  
GMxB Legacy        
Market Risk Benefit [Roll Forward]        
Net amount at risk 21,472 $ 17,987    
GMxB Legacy | Legacy Segment        
Market Risk Benefit [Roll Forward]        
Balance, beginning of the period 14,699 20,235    
Balance BOP before changes in the instrument specific credit risk 15,314 19,718    
Model changes and effect of changes in cash flow assumptions 0 (88)    
Actual market movement effect (744) 1,098    
Interest accrual 197 104    
Attributed fees accrued 210 219    
Benefit payments 342 251    
Actual policyholder behavior different from expected behavior 21 33    
Changes in future economic assumptions 943 (2,934)    
Issuances 0 0    
Balance EOP before changes in the instrument-specific credit risk 15,599 17,899    
Market risk benefits (1,517) (970)   24,404
Balance, end of the period $ 14,082 $ 16,929    
Weighted-average age of policyholders (years) 72 years 9 months 18 days 72 years 2 months 12 days    
Purchased MRB        
Market Risk Benefit [Roll Forward]        
Net amount at risk $ 10,036 $ 7,655    
Purchased MRB | Legacy Segment        
Market Risk Benefit [Roll Forward]        
Balance, beginning of the period (10,493) (14,293)    
Balance BOP before changes in the instrument specific credit risk (10,439) (14,287)    
Model changes and effect of changes in cash flow assumptions 0 29    
Actual market movement effect 393 (414)    
Interest accrual (155) (62)    
Attributed fees accrued (83) (86)    
Benefit payments (185) (136)    
Actual policyholder behavior different from expected behavior (17) (14)    
Changes in future economic assumptions (532) 2,083    
Issuances 0 0    
Balance EOP before changes in the instrument-specific credit risk (10,648) (12,616)    
Market risk benefits (98) (64)   $ (3,132)
Balance, end of the period $ (10,746) $ (12,680)    
Weighted-average age of policyholders (years) 67 years 8 months 12 days 67 years 1 month 6 days    
Net Legacy | Legacy Segment        
Market Risk Benefit [Roll Forward]        
Balance, beginning of the period $ 4,206 $ 5,942    
Balance BOP before changes in the instrument specific credit risk 4,875 5,431    
Model changes and effect of changes in cash flow assumptions 0 (59)    
Actual market movement effect (351) 684    
Interest accrual 42 42    
Attributed fees accrued 126 133    
Benefit payments 157 116    
Actual policyholder behavior different from expected behavior 4 18    
Changes in future economic assumptions 412 (851)    
Issuances 0 0    
Balance EOP before changes in the instrument-specific credit risk 4,952 5,283    
Market risk benefits (1,616) (1,035)    
Balance, end of the period $ 3,336 $ 4,248