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DERIVATIVE FINANCIAL INSTRUMENTS - Realized Investments Gains and Losses (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Notional amount and fair value of the entity's derivative financial instruments    
Total realized gains (losses) - derivatives $ 181 $ (25)
Derivatives not designated as hedging instruments    
Notional amount and fair value of the entity's derivative financial instruments    
Total realized gains (losses) - derivatives 181 (25)
Derivatives not designated as hedging instruments | Embedded derivative - Modco reinsurance treaties    
Notional amount and fair value of the entity's derivative financial instruments    
Total realized gains (losses) - derivatives 127 75
Derivatives not designated as hedging instruments | Embedded derivative - FIA    
Notional amount and fair value of the entity's derivative financial instruments    
Total realized gains (losses) - derivatives 0 (2)
Derivatives not designated as hedging instruments | Other derivatives    
Notional amount and fair value of the entity's derivative financial instruments    
Total realized gains (losses) - derivatives 7 9
Derivatives not designated as hedging instruments | VA    
Notional amount and fair value of the entity's derivative financial instruments    
Total realized gains (losses) - derivatives 0 (62)
Derivatives not designated as hedging instruments | VA | Interest rate futures    
Notional amount and fair value of the entity's derivative financial instruments    
Total realized gains (losses) - derivatives 9 1
Derivatives not designated as hedging instruments | VA | Equity futures    
Notional amount and fair value of the entity's derivative financial instruments    
Total realized gains (losses) - derivatives (8) 31
Derivatives not designated as hedging instruments | VA | Currency futures    
Notional amount and fair value of the entity's derivative financial instruments    
Total realized gains (losses) - derivatives 6 12
Derivatives not designated as hedging instruments | VA | Equity options    
Notional amount and fair value of the entity's derivative financial instruments    
Total realized gains (losses) - derivatives (46) 280
Derivatives not designated as hedging instruments | VA | Interest rate swaps    
Notional amount and fair value of the entity's derivative financial instruments    
Total realized gains (losses) - derivatives (297) 409
Derivatives not designated as hedging instruments | VA | Total return swaps    
Notional amount and fair value of the entity's derivative financial instruments    
Total realized gains (losses) - derivatives (69) 140
Derivatives not designated as hedging instruments | VA | Embedded derivative - GLWB    
Notional amount and fair value of the entity's derivative financial instruments    
Total realized gains (losses) - derivatives 405 (935)
Derivatives not designated as hedging instruments | FIA    
Notional amount and fair value of the entity's derivative financial instruments    
Total realized gains (losses) - derivatives 23 (29)
Derivatives not designated as hedging instruments | FIA | Equity futures    
Notional amount and fair value of the entity's derivative financial instruments    
Total realized gains (losses) - derivatives 1 (8)
Derivatives not designated as hedging instruments | FIA | Equity options    
Notional amount and fair value of the entity's derivative financial instruments    
Total realized gains (losses) - derivatives 23 (60)
Derivatives not designated as hedging instruments | FIA | Funds withheld derivative    
Notional amount and fair value of the entity's derivative financial instruments    
Total realized gains (losses) - derivatives (3) 0
Derivatives not designated as hedging instruments | FIA | Embedded derivative - FIA    
Notional amount and fair value of the entity's derivative financial instruments    
Total realized gains (losses) - derivatives 3 39
Derivatives not designated as hedging instruments | FIA | Other derivatives    
Notional amount and fair value of the entity's derivative financial instruments    
Total realized gains (losses) - derivatives (1) 0
Derivatives not designated as hedging instruments | IUL    
Notional amount and fair value of the entity's derivative financial instruments    
Total realized gains (losses) - derivatives 24 (16)
Derivatives not designated as hedging instruments | IUL | Equity futures    
Notional amount and fair value of the entity's derivative financial instruments    
Total realized gains (losses) - derivatives 0 (2)
Derivatives not designated as hedging instruments | IUL | Equity options    
Notional amount and fair value of the entity's derivative financial instruments    
Total realized gains (losses) - derivatives 3 (14)
Derivatives not designated as hedging instruments | IUL | Embedded derivative - IUL    
Notional amount and fair value of the entity's derivative financial instruments    
Total realized gains (losses) - derivatives $ 21 $ 0