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CONSOLIDATED QUARTERLY RESULTS - UNAUDITED (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
Quarterly Financial Information Disclosure [Abstract]                      
Gross premiums and policy fees $ 1,047 $ 1,054 $ 1,026 $ 1,095 $ 1,053 $ 1,045 $ 1,009 $ 896 $ 4,222 $ 4,003 $ 4,056
Reinsurance ceded (366) (311) (326) (317) (344) (287) (360) (36) (1,320) (1,027) (1,508)
Net premiums and policy fees 681 743 700 778 709 758 649 860 2,902 2,976 2,548
Net investment income 767 753 742 720 653 740 742 754 2,982 2,889 2,825
Net gains (losses) - investments and derivatives (11) 67 (33) 127 (11) 111 (34) (301)      
Other income 102 89 100 88 184 115 111 128 379 538 417
Total revenues 1,539 1,652 1,509 1,713 1,535 1,724 1,468 1,441 6,413 6,168 5,731
Total benefits and expenses 1,555 1,593 1,308 1,586 1,433 1,564 1,294 1,600 6,042 5,891 5,207
Income (loss) before income tax (16) 59 201 127 102 160 174 (159) 371 277 524
Income tax (benefit) expense 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
Non-cash impairment charge $ 129               $ 129 $ 0 $ 0