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FAIR VALUE OF FINANCIAL INSTRUMENTS - Valuation of Level 3 Financial Instruments (Details)
Sep. 30, 2021
USD ($)
usd_per_policy
Dec. 31, 2020
USD ($)
usd_per_policy
Liabilities    
Fair Value $ 2,576,000,000 $ 3,119,000,000
Level 3 | Commercial mortgage-backed securities    
Assets:    
Fair value 31,000,000 32,000,000
Level 3 | Other asset-backed securities    
Assets:    
Fair value 458,000,000 435,000,000
Level 3 | Corporate securities    
Assets:    
Fair value 1,635,000,000 1,432,000,000
Level 3 | Embedded derivative - GLWB    
Assets:    
Fair value 535,000,000  
Liabilities    
Fair Value   822,000,000
Level 3 | Embedded derivative - FIA    
Liabilities    
Fair Value 570,000,000 573,000,000
Level 3 | Embedded derivative - IUL    
Liabilities    
Fair Value $ 251,000,000 $ 201,000,000
Level 3 | Discounted cash flow | Commercial mortgage-backed securities | Minimum    
Liabilities    
Debt securities, measurement input 0.0212 0.0278
Level 3 | Discounted cash flow | Commercial mortgage-backed securities | Maximum    
Liabilities    
Debt securities, measurement input 0.0229 0.0292
Level 3 | Discounted cash flow | Commercial mortgage-backed securities | Weighted Average    
Liabilities    
Debt securities, measurement input 0.0223 0.0287
Level 3 | Discounted cash flow | Corporate securities | Minimum    
Liabilities    
Debt securities, measurement input 0.0000 0.0000
Level 3 | Discounted cash flow | Corporate securities | Maximum    
Liabilities    
Debt securities, measurement input 0.0400 0.0475
Level 3 | Discounted cash flow | Corporate securities | Weighted Average    
Liabilities    
Debt securities, measurement input 0.0146 0.0189
Level 3 | Actuarial cash flow model | Embedded derivative - FIA    
Liabilities    
Embedded derivative, measurement input | usd_per_policy 214 207
Liquidation value | Level 3 | Liquidation | Other asset-backed securities | Minimum    
Liabilities    
Debt securities, measurement input, value $ 97.00 $ 95
Liquidation value | Level 3 | Liquidation | Other asset-backed securities | Maximum    
Liabilities    
Debt securities, measurement input, value 99.75 97
Liquidation value | Level 3 | Liquidation | Other asset-backed securities | Weighted Average    
Liabilities    
Debt securities, measurement input, value $ 98.77 $ 96.19
Liquidity premium | Level 3 | Discounted cash flow | Minimum    
Liabilities    
Debt securities, measurement input   0.0054
Liquidity premium | Level 3 | Discounted cash flow | Maximum    
Liabilities    
Debt securities, measurement input   0.023
Liquidity premium | Level 3 | Discounted cash flow | Weighted Average    
Liabilities    
Debt securities, measurement input   0.0163
Liquidity premium | Level 3 | Discounted cash flow | Other asset-backed securities | Minimum    
Liabilities    
Debt securities, measurement input 0.0084  
Liquidity premium | Level 3 | Discounted cash flow | Other asset-backed securities | Maximum    
Liabilities    
Debt securities, measurement input 0.0231  
Liquidity premium | Level 3 | Discounted cash flow | Other asset-backed securities | Weighted Average    
Liabilities    
Debt securities, measurement input 0.0176  
Paydown rate | Level 3 | Discounted cash flow | Other asset-backed securities | Minimum    
Liabilities    
Debt securities, measurement input 0.1003 0.0879
Paydown rate | Level 3 | Discounted cash flow | Other asset-backed securities | Maximum    
Liabilities    
Debt securities, measurement input 0.1315 0.1249
Paydown rate | Level 3 | Discounted cash flow | Other asset-backed securities | Weighted Average    
Liabilities    
Debt securities, measurement input 0.1195 0.1139
Mortality rate | Level 3 | Actuarial cash flow model | Embedded derivative - GLWB | Minimum    
Liabilities    
Embedded derivative, measurement input 0.88 0.88
Mortality rate | Level 3 | Actuarial cash flow model | Embedded derivative - GLWB | Maximum    
Liabilities    
Embedded derivative, measurement input 1 1
Mortality rate | Level 3 | Actuarial cash flow model | Embedded derivative - FIA | Minimum    
Liabilities    
Embedded derivative, measurement input 0.88 0.88
Mortality rate | Level 3 | Actuarial cash flow model | Embedded derivative - FIA | Maximum    
Liabilities    
Embedded derivative, measurement input 1 1
Mortality rate | Level 3 | Actuarial cash flow model | Embedded derivative - IUL | Minimum    
Liabilities    
Embedded derivative, measurement input 0.43 0.36
Mortality rate | Level 3 | Actuarial cash flow model | Embedded derivative - IUL | Maximum    
Liabilities    
Embedded derivative, measurement input 1.10 1.61
Mortality rate | Level 3 | Actuarial cash flow model, valuation basic report primary tables based on duration scale | Embedded derivative - IUL | Minimum    
Liabilities    
Embedded derivative, measurement input 0.94 0.94
Mortality rate | Level 3 | Actuarial cash flow model, valuation basic report primary tables based on duration scale | Embedded derivative - IUL | Maximum    
Liabilities    
Embedded derivative, measurement input 2.48 2.48
Nonperformance risk | Level 3 | Actuarial cash flow model | Embedded derivative - GLWB | Minimum    
Liabilities    
Embedded derivative, measurement input 0.0018 0.0019
Nonperformance risk | Level 3 | Actuarial cash flow model | Embedded derivative - GLWB | Maximum    
Liabilities    
Embedded derivative, measurement input 0.0081 0.0081
Nonperformance risk | Level 3 | Actuarial cash flow model | Embedded derivative - FIA | Minimum    
Liabilities    
Embedded derivative, measurement input 0.0018 0.0019
Nonperformance risk | Level 3 | Actuarial cash flow model | Embedded derivative - FIA | Maximum    
Liabilities    
Embedded derivative, measurement input 0.0081 0.0081
Nonperformance risk | Level 3 | Actuarial cash flow model | Embedded derivative - IUL | Minimum    
Liabilities    
Embedded derivative, measurement input 0.0018 0.0019
Nonperformance risk | Level 3 | Actuarial cash flow model | Embedded derivative - IUL | Maximum    
Liabilities    
Embedded derivative, measurement input 0.0081 0.0081
Withdrawal rate prior to age 70 | Level 3 | Actuarial cash flow model | Embedded derivative - FIA    
Liabilities    
Embedded derivative, measurement input 0.004 0.004
Withdrawal rate for ages over 70 | Level 3 | Actuarial cash flow model | Embedded derivative - FIA    
Liabilities    
Embedded derivative, measurement input 0.024 0.024
Lapse rate | Level 3 | Actuarial cash flow model | Embedded derivative - FIA | Minimum    
Liabilities    
Embedded derivative, measurement input 0.002 0.002
Lapse rate | Level 3 | Actuarial cash flow model | Embedded derivative - FIA | Maximum    
Liabilities    
Embedded derivative, measurement input 0.500 0.500
Lapse rate | Level 3 | Actuarial cash flow model | Embedded derivative - IUL | Minimum    
Liabilities    
Embedded derivative, measurement input 0.00375 0.00375
Lapse rate | Level 3 | Actuarial cash flow model | Embedded derivative - IUL | Maximum    
Liabilities    
Embedded derivative, measurement input 0.075 0.10