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DERIVATIVES - Financial Statement Impact of Derivatives By Category (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Derivatives, Fair Value [Line Items]        
Net derivative gains (losses) $ 941 $ 190 $ (121) $ 2,168
Net Investment Income 893 788 2,636 2,238
SCS, SIO, MSO and IUL indexed features        
Derivatives, Fair Value [Line Items]        
Net derivative gains (losses) 181 766 0 4,543
Net-FWH and NI modco Derivatives Gains (Losses) 0 0 (1,846) 0
Net Investment Income 0 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0 0
AOCI 0 0 0 0
Funds Withheld Payable        
Derivatives, Fair Value [Line Items]        
Net derivative gains (losses) (48) 0 551 0
Net-FWH and NI modco Derivatives Gains (Losses) 0 0 0 0
Net Investment Income 0 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0 0
AOCI 0 0 0 0
Modco payable        
Derivatives, Fair Value [Line Items]        
Net derivative gains (losses) 1,099 0 (830) 0
Net-FWH and NI modco Derivatives Gains (Losses) 0 0 0 0
Net Investment Income 0 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0 0
AOCI 0 0 0 0
Total embedded derivatives        
Derivatives, Fair Value [Line Items]        
Net derivative gains (losses) 1,232 766 (2,125) 4,543
Net-FWH and NI modco Derivatives Gains (Losses) 0 0 0 0
Net Investment Income 0 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0 0
AOCI 0 0 0 0
Total derivatives        
Derivatives, Fair Value [Line Items]        
Net derivative gains (losses) 1,103 196 (1,315) 2,181
Net-FWH and NI modco Derivatives Gains (Losses) (157) 0 1,208 0
Net Investment Income 3 5 8 7
Interest Credited To Policyholders Account Balances (33) (36) (59) (46)
AOCI 41 205 71 358
Investment fees     13 14
Gmib Reinsurance        
Derivatives, Fair Value [Line Items]        
Investment fees 5 6    
Derivatives: not designated for hedge accounting        
Derivatives, Fair Value [Line Items]        
Net derivative gains (losses) (125)   825  
Net-FWH and NI modco Derivatives Gains (Losses) (157)   1,208  
Net Investment Income 0   0  
Interest Credited To Policyholders Account Balances 0   0  
AOCI 0   0  
Derivatives: not designated for hedge accounting | Currency swaps        
Derivatives, Fair Value [Line Items]        
Net derivative gains (losses) 28 23 9 41
Net-FWH and NI modco Derivatives Gains (Losses) 0 0 0 0
Net Investment Income 0 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0 0
AOCI 0 0 0 0
Derivatives: not designated for hedge accounting | Interest swaps        
Derivatives, Fair Value [Line Items]        
Net derivative gains (losses) (55) (125) (68) (428)
Net-FWH and NI modco Derivatives Gains (Losses) (234) 0 (228) 0
Net Investment Income 0 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0 0
AOCI 0 0 0 0
Derivatives: not designated for hedge accounting | Futures        
Derivatives, Fair Value [Line Items]        
Net derivative gains (losses) (48) 34 (145) 548
Net-FWH and NI modco Derivatives Gains (Losses) 90 0 (68) 0
Net Investment Income 0 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0 0
AOCI 0 0 0 0
Derivatives: not designated for hedge accounting | Swaps        
Derivatives, Fair Value [Line Items]        
Net derivative gains (losses) 105 591 (612) 3,353
Net-FWH and NI modco Derivatives Gains (Losses) 558 0 (33) 0
Net Investment Income 0 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0 0
AOCI 0 0 0 0
Derivatives: not designated for hedge accounting | Options        
Derivatives, Fair Value [Line Items]        
Net derivative gains (losses) (124) (650) 1,733 (4,381)
Net-FWH and NI modco Derivatives Gains (Losses) (674) 0 1,358 0
Net Investment Income 0 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0 0
AOCI 0 0 0 0
Derivatives: not designated for hedge accounting | Futures        
Derivatives, Fair Value [Line Items]        
Net derivative gains (losses) (31) (412) (92) (1,445)
Net-FWH and NI modco Derivatives Gains (Losses) 103 0 179 0
Net Investment Income 0 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0 0
AOCI 0 0 0 0
Derivatives: not designated for hedge accounting | Swaptions        
Derivatives, Fair Value [Line Items]        
Net derivative gains (losses) 0 0 0 0
Net-FWH and NI modco Derivatives Gains (Losses) 0 0 0 0
Net Investment Income 0 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0 0
AOCI 0 0 0 0
Derivatives: not designated for hedge accounting | Credit default swaps        
Derivatives, Fair Value [Line Items]        
Net derivative gains (losses) 0 0 0 8
Net-FWH and NI modco Derivatives Gains (Losses) 0 0 0 0
Net Investment Income 0 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0 0
AOCI 0 0 0 0
Derivatives: not designated for hedge accounting | Currency forwards        
Derivatives, Fair Value [Line Items]        
Net derivative gains (losses) 0 0 0 0
Net-FWH and NI modco Derivatives Gains (Losses) 0 0 0 0
Net Investment Income 0 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0 0
AOCI 0 0 0 0
Derivatives: not designated for hedge accounting | Margin        
Derivatives, Fair Value [Line Items]        
Net derivative gains (losses) 0 0 0 0
Net-FWH and NI modco Derivatives Gains (Losses) 0 0 0 0
Net Investment Income 0 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0 0
AOCI 0 0 0 0
Derivatives: not designated for hedge accounting | Collateral        
Derivatives, Fair Value [Line Items]        
Net derivative gains (losses) 0 0 0 0
Net-FWH and NI modco Derivatives Gains (Losses) 0 0 0 0
Net Investment Income 0 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0 0
AOCI 0 0 0 0
Cash flow hedges: | Derivatives: designated for hedge accounting        
Derivatives, Fair Value [Line Items]        
Net derivative gains (losses) (4) (31) (15) (58)
Net-FWH and NI modco Derivatives Gains (Losses) 0 0 0 0
Net Investment Income 3 5 8 7
Interest Credited To Policyholders Account Balances (33) (36) (59) (46)
AOCI 41 205 71 358
Cash flow hedges: | Derivatives: designated for hedge accounting | Currency swaps        
Derivatives, Fair Value [Line Items]        
Net derivative gains (losses) (12) 7 (2) 21
Net-FWH and NI modco Derivatives Gains (Losses) 0 0 0 0
Net Investment Income 3 5 8 7
Interest Credited To Policyholders Account Balances (33) (36) (59) (46)
AOCI 14 111 41 116
Cash flow hedges: | Derivatives: designated for hedge accounting | Interest swaps        
Derivatives, Fair Value [Line Items]        
Net derivative gains (losses) 8 (38) (13) (79)
Net-FWH and NI modco Derivatives Gains (Losses) 0 0 0 0
Net Investment Income 0 0 0 0
Interest Credited To Policyholders Account Balances 0 0 0 0
AOCI $ 27 94 $ 30 242
Cash flow hedges: | Derivatives: not designated for hedge accounting        
Derivatives, Fair Value [Line Items]        
Net derivative gains (losses)   (539)   (2,304)
Net-FWH and NI modco Derivatives Gains (Losses)   0   0
Net Investment Income   0   0
Interest Credited To Policyholders Account Balances   0   0
AOCI   $ 0   $ 0