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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) - Reclassifications (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Reclassifications Out of Accumulated Other Comprehensive Income (Loss)        
Benefits and settlement expenses, net of reinsurance ceded $ (1,350) $ (1,259) $ (3,748) $ (3,737)
Tax (expense) benefit (10) (29) (74) (31)
Change in net expected credit losses - fixed maturities 0 (38) 5 (121)
Net income 49 131 313 144
Amount Reclassified from Accumulated Other Comprehensive Income (Loss) | Gains and losses on derivative instruments        
Reclassifications Out of Accumulated Other Comprehensive Income (Loss)        
Benefits and settlement expenses, net of reinsurance ceded 1 0 1 (3)
Tax (expense) benefit 0 0 0 1
Net income 1 0 1 (2)
Amount Reclassified from Accumulated Other Comprehensive Income (Loss) | Unrealized gains and losses on available-for-sale securities        
Reclassifications Out of Accumulated Other Comprehensive Income (Loss)        
Tax (expense) benefit (1) 7 (10) 16
Realized gains (losses) - investments 5 3 44 45
Change in net expected credit losses - fixed maturities 0 (38) 5 (121)
Net income $ 4 $ (28) $ 39 $ (60)