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REVISION OF PRIOR PERIOD FINANCIAL STATEMENTS - Balance Sheet (Details) - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
ASSETS        
Deferred policy acquisition costs $ 3,816 $ 4,222 $ 4,959 $ 4,443
Amounts due from reinsurers 3,053 3,002    
Guaranteed minimum income benefit reinsurance asset, at fair value 2,859 2,466    
Current and deferred income taxes 0 249    
Other assets 3,078 3,050    
Total Assets 251,294 227,952    
LIABILITIES        
Future policy benefits and other policyholders' liabilities 40,151 33,979    
Other liabilities 1,580 1,769    
Total Liabilities 239,610 216,348    
Equity:        
Retained earnings (795) 2,145    
Accumulated other comprehensive income (loss) 4,595 1,596 (501)  
Total equity attributable to Equitable Financial 11,643 11,552    
Total Equity 11,643 11,565 12,359 $ 19,395
Total Liabilities, Redeemable Noncontrolling Interest and Equity $ 251,294 227,952    
As Previously Reported        
ASSETS        
Deferred policy acquisition costs   4,337    
Amounts due from reinsurers   3,001    
Guaranteed minimum income benefit reinsurance asset, at fair value   2,466    
Current and deferred income taxes   224    
Other assets   3,050    
Total Assets   228,041    
LIABILITIES        
Future policy benefits and other policyholders' liabilities   33,976    
Other liabilities   1,768    
Total Liabilities   216,344    
Equity:        
Retained earnings   2,242    
Accumulated other comprehensive income (loss)   1,592    
Total equity attributable to Equitable Financial   11,645    
Total Equity   11,658 12,428  
Total Liabilities, Redeemable Noncontrolling Interest and Equity   228,041    
Impact of Revisions        
ASSETS        
Deferred policy acquisition costs   (115)    
Amounts due from reinsurers   1    
Guaranteed minimum income benefit reinsurance asset, at fair value   0    
Current and deferred income taxes   25    
Other assets   0    
Total Assets   (89)    
LIABILITIES        
Future policy benefits and other policyholders' liabilities   3    
Other liabilities   1    
Total Liabilities   4    
Equity:        
Retained earnings   (97)    
Accumulated other comprehensive income (loss)   4    
Total equity attributable to Equitable Financial   (93)    
Total Equity   (93) $ (69)  
Total Liabilities, Redeemable Noncontrolling Interest and Equity   $ (89)