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INVESTMENTS - Allowance for Loan Losses by Portfolio Segment (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
Allowance for Loan Losses by Portfolio Segment [Roll Forward]          
Balance, beginning of period [1]     $ (45)    
(Addition to) release of allowance for credit losses [2] $ 0 $ 2 0 $ 4  
Balance, end of period (242)   (242)    
Available-for-sale securities          
Allowance for Loan Losses by Portfolio Segment [Roll Forward]          
Balance, beginning of period [1]     0    
Transition impact to retained earnings         $ 0
(Addition to) release of allowance for credit losses     (74)    
Write-offs, net of recoveries     36    
Balance, end of period (38)   (38)    
Transitional real estate loans          
Allowance for Loan Losses by Portfolio Segment [Roll Forward]          
Balance, beginning of period [1]     (22)    
Transition impact to retained earnings         (2)
(Addition to) release of allowance for credit losses     (42)    
Write-offs, net of recoveries     0    
Balance, end of period (66)   (66)    
Commercial mortgage loans          
Allowance for Loan Losses by Portfolio Segment [Roll Forward]          
Balance, beginning of period [1]     (3)    
Transition impact to retained earnings         (8)
(Addition to) release of allowance for credit losses     (31)    
Write-offs, net of recoveries     0    
Balance, end of period (42)   (42)    
Middle market loans          
Allowance for Loan Losses by Portfolio Segment [Roll Forward]          
Balance, beginning of period [1]     (20)    
Transition impact to retained earnings         (33)
(Addition to) release of allowance for credit losses     (90)    
Write-offs, net of recoveries     9    
Balance, end of period (134)   (134)    
Held-to-maturity securities          
Allowance for Loan Losses by Portfolio Segment [Roll Forward]          
Balance, beginning of period [1]     0    
Transition impact to retained earnings         (10)
(Addition to) release of allowance for credit losses     1    
Write-offs, net of recoveries     0    
Balance, end of period (9)   (9)    
Reinsurance recoverables          
Allowance for Loan Losses by Portfolio Segment [Roll Forward]          
Balance, beginning of period [1]     0    
Transition impact to retained earnings         $ (11)
(Addition to) release of allowance for credit losses     0    
Write-offs, net of recoveries     0    
Balance, end of period $ (11)   $ (11)    
[1] U.S. GAAP guidance adopted as of January 1, 2020 has superseded these losses, included for comparative purposes only.

[2] U.S. GAAP guidance adopted as of January 1, 2020 has superseded these losses, included for comparative purposes only.