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DERIVATIVES - Derivatives by Category (Details) - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Total derivative instruments    
Derivatives, Fair Value [Line Items]    
Notional Amount $ 19,045 $ 17,227
Notional Amount - FWH and NI Modco 70,399 66,813
Derivative Assets 12,186 9,189
Derivative Assets - FWH and NI Modco 12,291 10,034
Derivative Liabilities 24,537 18,412
Derivative Liabilities - FWH and NI Modco 2,497 2,204
Net Derivatives (2,557) (1,393)
Total embedded derivatives    
Derivatives, Fair Value [Line Items]    
Notional Amount 0 0
Notional Amount - FWH and NI Modco 0 0
Derivative Assets 8,777 6,729
Derivative Assets - FWH and NI Modco 0 0
Derivative Liabilities 11,669 9,181
Derivative Liabilities - FWH and NI Modco 0 0
Net Derivatives (2,892) (2,452)
SCS, SIO, MSO and IUL indexed features    
Derivatives, Fair Value [Line Items]    
Notional Amount 0 0
Notional Amount - FWH and NI Modco 0 0
Derivative Assets 8,960 7,140
Derivative Assets - FWH and NI Modco 0 0
Derivative Liabilities 11,756 9,081
Derivative Liabilities - FWH and NI Modco 0 0
Net Derivatives (2,796) (1,941)
Funds withheld payable    
Derivatives, Fair Value [Line Items]    
Notional Amount 0 0
Notional Amount - FWH and NI Modco 0 0
Derivative Assets 0 0
Derivative Assets - FWH and NI Modco 0 0
Derivative Liabilities (87) 100
Derivative Liabilities - FWH and NI Modco 0 0
Net Derivatives 87 (100)
Modco payable    
Derivatives, Fair Value [Line Items]    
Notional Amount 0 0
Notional Amount - FWH and NI Modco 0 0
Derivative Assets (183) (411)
Derivative Assets - FWH and NI Modco 0 0
Derivative Liabilities 0 0
Derivative Liabilities - FWH and NI Modco 0 0
Net Derivatives (183) (411)
Derivatives: not designated for hedge accounting    
Derivatives, Fair Value [Line Items]    
Notional Amount 15,464 13,917
Notional Amount - FWH and NI Modco 70,399 66,813
Derivative Assets 3,310 2,381
Derivative Assets - FWH and NI Modco 12,291 10,034
Derivative Liabilities 12,448 8,830
Derivative Liabilities - FWH and NI Modco 2,497 2,204
Net Derivatives 656 1,381
Derivatives: not designated for hedge accounting | Currency swaps    
Derivatives, Fair Value [Line Items]    
Notional Amount 803 823
Notional Amount - FWH and NI Modco 0 0
Derivative Assets 3 0
Derivative Assets - FWH and NI Modco 0 0
Derivative Liabilities 4 27
Derivative Liabilities - FWH and NI Modco 0 0
Net Derivatives (1) (27)
Derivatives: not designated for hedge accounting | Interest swaps    
Derivatives, Fair Value [Line Items]    
Notional Amount 526 495
Notional Amount - FWH and NI Modco 2,055 2,381
Derivative Assets 1 34
Derivative Assets - FWH and NI Modco 17 83
Derivative Liabilities 4 1
Derivative Liabilities - FWH and NI Modco 16 1
Net Derivatives (2) 115
Derivatives: not designated for hedge accounting | Futures    
Derivatives, Fair Value [Line Items]    
Notional Amount 2,349 2,055
Notional Amount - FWH and NI Modco 3,206 3,429
Derivative Assets 0 0
Derivative Assets - FWH and NI Modco 0 0
Derivative Liabilities 0 0
Derivative Liabilities - FWH and NI Modco 0 0
Net Derivatives 0 0
Derivatives: not designated for hedge accounting | Swaps    
Derivatives, Fair Value [Line Items]    
Notional Amount 840 1,996
Notional Amount - FWH and NI Modco 14,197 12,930
Derivative Assets 3 7
Derivative Assets - FWH and NI Modco 51 45
Derivative Liabilities 0 0
Derivative Liabilities - FWH and NI Modco 17 0
Net Derivatives 37 52
Derivatives: not designated for hedge accounting | Options    
Derivatives, Fair Value [Line Items]    
Notional Amount 9,311 7,445
Notional Amount - FWH and NI Modco 44,777 41,501
Derivative Assets 3,091 2,169
Derivative Assets - FWH and NI Modco 12,019 9,675
Derivative Liabilities 728 524
Derivative Liabilities - FWH and NI Modco 2,464 2,203
Net Derivatives 11,918 9,117
Derivatives: not designated for hedge accounting | Futures    
Derivatives, Fair Value [Line Items]    
Notional Amount 1,533 1,000
Notional Amount - FWH and NI Modco 6,164 6,572
Derivative Assets 0 0
Derivative Assets - FWH and NI Modco 0 0
Derivative Liabilities 0 0
Derivative Liabilities - FWH and NI Modco 0 0
Net Derivatives 0 0
Derivatives: not designated for hedge accounting | Credit default swaps    
Derivatives, Fair Value [Line Items]    
Notional Amount 102 103
Notional Amount - FWH and NI Modco 0 0
Derivative Assets 0 0
Derivative Assets - FWH and NI Modco 0 0
Derivative Liabilities 1 2
Derivative Liabilities - FWH and NI Modco 0 0
Net Derivatives (1) (2)
Derivatives: not designated for hedge accounting | Margin    
Derivatives, Fair Value [Line Items]    
Notional Amount 0 0
Notional Amount - FWH and NI Modco 0 0
Derivative Assets 99 96
Derivative Assets - FWH and NI Modco 204 231
Derivative Liabilities 0 0
Derivative Liabilities - FWH and NI Modco 0 0
Net Derivatives 303 327
Derivatives: not designated for hedge accounting | Collateral    
Derivatives, Fair Value [Line Items]    
Notional Amount 0 0
Notional Amount - FWH and NI Modco 0 0
Derivative Assets 113 75
Derivative Assets - FWH and NI Modco 0 0
Derivative Liabilities 11,711 8,276
Derivative Liabilities - FWH and NI Modco 0 0
Net Derivatives (11,598) (8,201)
Cash flow hedges: | Derivatives: designated for hedge accounting    
Derivatives, Fair Value [Line Items]    
Notional Amount 3,581 3,310
Notional Amount - FWH and NI Modco 0 0
Derivative Assets 99 79
Derivative Assets - FWH and NI Modco 0 0
Derivative Liabilities 420 401
Derivative Liabilities - FWH and NI Modco 0 0
Net Derivatives (321) (322)
Cash flow hedges: | Derivatives: designated for hedge accounting | Currency swaps    
Derivatives, Fair Value [Line Items]    
Notional Amount 2,629 2,358
Notional Amount - FWH and NI Modco 0 0
Derivative Assets 99 79
Derivative Assets - FWH and NI Modco 0 0
Derivative Liabilities 92 90
Derivative Liabilities - FWH and NI Modco 0 0
Net Derivatives 7 (11)
Cash flow hedges: | Derivatives: designated for hedge accounting | Interest swaps    
Derivatives, Fair Value [Line Items]    
Notional Amount 952 952
Notional Amount - FWH and NI Modco 0 0
Derivative Assets 0 0
Derivative Assets - FWH and NI Modco 0 0
Derivative Liabilities 328 311
Derivative Liabilities - FWH and NI Modco 0 0
Net Derivatives $ (328) $ (311)