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EQUITY - Changes in AOCI (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Change in net unrealized gains (losses) on investments:        
Net unrealized gains (losses) arising during the period $ (1,900) $ (3,010) $ (1,064) $ (12,224)
(Gains) losses reclassified into net income (loss) during the period 352 258 446 696
Net unrealized gains (losses) on investments (1,548) (2,752) (618) (11,528)
Adjustments for policyholders’ liabilities, DAC, insurance liability loss recognition and other 37 161 70 850
Change in unrealized gains (losses), net of adjustments (net of deferred income tax expense (benefit) of $(326), $(689), $(319) and $(2,839)) [1] (1,511) (2,591) (548) (10,678)
Change in LFPB discount rate and MRB credit risk, net of tax        
Market risk benefits - change in instrument-specific credit risk (net of deferred income tax expense (benefit) of $(298), $(52), $(73) and $663 (1,120) (197) (275) 2,494
Liability for future policy benefits - change in current discount rate (net of deferred income tax expense (benefit) of $47, $72, $37 and $291) 177 270 141 1,094
Other comprehensive income (loss) attributable to Equitable Financial (2,454) (2,518) (682) (7,090)
Deferred income tax expense (benefit) for change in unrealized gains (losses) (326) (689) (319) (2,839)
Deferred income tax expense (benefit) for market risk benefits - change in instrument-specific credit risk (298) (52) (73) 663
Deferred income tax expense (benefit) for liability for future policy benefits - change in current discount rate 47 72 37 291
Reclassification adjustment $ (93) $ (118) $ (69) $ (185)
[1] See Note 13 of the Notes to these Consolidated Financial Statements for details of change in unrealized gains (losses), net of adjustments.