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DERIVATIVE INSTRUMENTS - Schedule of Interest Rate Fair Value Hedges Hedged Items (Details) - Fixed maturity securities - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Carrying Amount of Hedged Assets/ (Liabilities) [1] $ 2,843 $ 3,038
Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of Hedged Assets/(Liabilities) $ 202 $ 205
[1] The balance includes hedging adjustment on discontinued hedging relationships of $202 in 2022 and $205 in 2021.