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FAIR VALUE DISCLOSURES - Fair Value Measurement Reconciliation For All Levels (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Net investment income (loss)      
Transfers into level 3 $ 27 $ 184  
Transfers out of Level 3 (713) (103)  
Amounts Due from Reinsurers      
Net investment income (loss)      
Nonperformance risk (19) 0  
GMIB reinsurance contract asset      
Net investment income (loss)      
Nonperformance risk (26) 14  
GMxB Derivative Features Liability      
Net investment income (loss)      
Nonperformance risk (217) (758)  
Level 3 | Corporate      
Net investment income (loss)      
Beginning Balance 1,687 1,246 $ 1,174
Net investment income (loss) 5 4 4
Investment gains (losses), net (16) (16) 0
Total realized and unrealized gains (losses) (11) (12) 4
Other comprehensive income (loss) 34 (17) 5
Purchases 937 513 273
Sales (468) (224) (120)
Activity related to consolidated VIEs/VOEs 0    
Transfers into level 3 27 184 14
Transfers out of Level 3 (713) (3) (104)
Closing Balance 1,493 1,687 1,246
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 0 0 0
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period 28 (18) 3
Level 3 | States and political subdivisions      
Net investment income (loss)      
Beginning Balance 39 39 38
Net investment income (loss) 0 0 0
Investment gains (losses), net 0 0 0
Total realized and unrealized gains (losses) 0 0 0
Other comprehensive income (loss) (2) 2 3
Purchases 0 0 0
Sales (2) (2) (2)
Activity related to consolidated VIEs/VOEs 0    
Transfers into level 3 0 0 0
Transfers out of Level 3 0 0 0
Closing Balance 35 39 39
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 0 0 0
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period (2) 2 3
Level 3 | CMBS      
Net investment income (loss)      
Beginning Balance 0 0 0
Net investment income (loss) 0 0 0
Investment gains (losses), net 0 0 0
Total realized and unrealized gains (losses) 0 0 0
Other comprehensive income (loss) 0 0 0
Purchases 20 0 0
Sales 0 0 0
Activity related to consolidated VIEs/VOEs    
Transfers into level 3 0 0 0
Transfers out of Level 3 0 0 0
Closing Balance 20 0 0
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 0 0 0
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period 0 0 0
Level 3 | Asset-backed      
Net investment income (loss)      
Beginning Balance 20 100 519
Net investment income (loss) 0 0 0
Investment gains (losses), net 0 0 0
Total realized and unrealized gains (losses) 0 0 0
Other comprehensive income (loss) 0 0 1
Purchases 6 20 100
Sales (18) 0 (84)
Activity related to consolidated VIEs/VOEs 0    
Transfers into level 3 0 0 0
Transfers out of Level 3 0 (100) (436)
Closing Balance 8 20 100
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 0 0 0
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period 0 0 0
Level 3 | Trading Securities, at Fair Value      
Net investment income (loss)      
Beginning Balance 0 0 29
Net investment income (loss) 0 0 0
Investment gains (losses), net 0 0 0
Total realized and unrealized gains (losses) 0 0 0
Other comprehensive income (loss) 0 0 0
Purchases 0 0 0
Sales 0 0 0
Activity related to consolidated VIEs/VOEs 0    
Transfers into level 3 0 0 0
Transfers out of Level 3 0 0 (29)
Closing Balance 0 0 0
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 0 0 0
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period 0 0 0
Level 3 | Other Equity Investments      
Net investment income (loss)      
Beginning Balance 15 16 19
Net investment income (loss) 2 0 0
Investment gains (losses), net 0 0 0
Total realized and unrealized gains (losses) 2 0 0
Purchases 1 3 0
Sales (1) 0 0
Settlements 0 0 0
Other 0    
Change in estimate   0  
Activity related to consolidated VIEs/VOEs (4) (4) (3)
Transfers into level 3 0 0 0
Transfers out of Level 3 0 0 0
Closing Balance 13 15 16
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 2 0 0
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period 0 0 0
Level 3 | Amounts Due from Reinsurers      
Net investment income (loss)      
Beginning Balance 0 0 0
Net investment income (loss) 0 0
Investment gains (losses), net 517 0 0
Total realized and unrealized gains (losses) 517 0 0
Purchases 73 0 0
Sales (36) 0 0
Settlements 0 0 0
Other 5,259    
Change in estimate   0  
Activity related to consolidated VIEs/VOEs 0 0 0
Transfers into level 3 0 0 0
Transfers out of Level 3 0 0 0
Closing Balance 5,813 0 0
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 517 0 0
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period 0 0 0
Level 3 | GMIB reinsurance contract asset      
Net investment income (loss)      
Beginning Balance 2,859 2,466 1,993
Net investment income (loss) 0 0 0
Investment gains (losses), net (777) 472 500
Total realized and unrealized gains (losses) (777) 472 500
Purchases 44 45 45
Sales (58) (79) (72)
Settlements 0 0 0
Other 0    
Change in estimate   (45)  
Activity related to consolidated VIEs/VOEs 0 0 0
Transfers into level 3 0 0 0
Transfers out of Level 3 0 0 0
Closing Balance 2,068 2,859 2,466
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period (777) 472 500
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period 0 0 0
Level 3 | Separate Accounts Assets      
Net investment income (loss)      
Beginning Balance 1 0 21
Net investment income (loss) 0 0 0
Investment gains (losses), net 0 0 0
Total realized and unrealized gains (losses) 0 0 0
Purchases 1 1 0
Sales 0 0 (1)
Settlements 0 0 (2)
Other 0    
Change in estimate   0  
Activity related to consolidated VIEs/VOEs 0 0 0
Transfers into level 3 0 0 0
Transfers out of Level 3 (1) 0 (18)
Closing Balance 1 1 0
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 0 0 0
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period 0 0 0
Level 3 | GMxB Derivative Features Liability      
Net investment income (loss)      
Beginning Balance (10,936) (8,316) (5,491)
Net investment income (loss) 0 0 0
Investment gains (losses), net 2,792 (2,238) (2,439)
Total realized and unrealized gains (losses) 2,792 (2,238) (2,439)
Purchases (458) (441) (417)
Sales 77 59 31
Settlements 0 0 0
Other 0    
Change in estimate   0  
Activity related to consolidated VIEs/VOEs 0 0 0
Transfers into level 3 0 0 0
Transfers out of Level 3 0 0 0
Closing Balance (8,525) (10,936) (8,316)
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 2,792 (2,238) (2,439)
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period $ 0 $ 0 $ 0