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CERTAIN NONTRADITIONAL LONG-DURATION CONTRACTS - Account Balances and Deferred Sales Inducement Asset (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Certain Nontraditional Long-duration Contracts      
Account balances of variable annuities with guarantees invested in variable annuity separate accounts $ 14,968 $ 15,056  
Activity in the Company's deferred sales inducement asset      
Deferred asset, beginning of period 41 43 $ 40
Amounts deferred 3 2 6
Amortization (7) (4) (3)
Deferred asset, end of period 37 41 $ 43
Equity funds      
Certain Nontraditional Long-duration Contracts      
Account balances of variable annuities with guarantees invested in variable annuity separate accounts 9,732 10,425  
Fixed income funds      
Certain Nontraditional Long-duration Contracts      
Account balances of variable annuities with guarantees invested in variable annuity separate accounts $ 5,236 $ 4,631