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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) - Reclassifications Out of AOCI (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2021
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Reclassifications Out of Accumulated Other Comprehensive Income (Loss)                      
Benefits and settlement expenses, net of reinsurance ceded                 $ (4,924) $ (4,901) $ (4,256)
Net gains (losses): investments                 150 (235) (59)
Tax (expense) benefit $ (12) $ (10) $ (39) $ (25) $ (12) $ (29) $ (32) $ 30 (86) (43) (97)
Net income (loss) $ (28) $ 49 $ 162 $ 102 $ 90 $ 131 $ 142 $ (129) 285 234 427
Gains and losses on derivative instruments | Amount Reclassified from Accumulated Other Comprehensive Income (Loss)                      
Reclassifications Out of Accumulated Other Comprehensive Income (Loss)                      
Benefits and settlement expenses, net of reinsurance ceded                 (1) (3) (2)
Tax (expense) benefit                 0 1 0
Net income (loss)                 (1) (2) (2)
Unrealized gains and losses on available-for-sale securities | Amount Reclassified from Accumulated Other Comprehensive Income (Loss)                      
Reclassifications Out of Accumulated Other Comprehensive Income (Loss)                      
Net gains (losses): investments                 46 46 48
Net impairment losses recognized in earnings                 6 (125) (34)
Tax (expense) benefit                 (11) 17 (3)
Net income (loss)                 $ 41 $ (62) $ 11