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DAC AND POLICYHOLDER BONUS INTEREST CREDITS - Rollforward of DAC Credits (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Changes in the deferred asset for contractholder bonus interest credits      
Balance, beginning of year $ 361 $ 405 $ 431
Amortization charged to income (41) (44) (26)
Balance, end of year $ 320 $ 361 $ 405