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MARKET RISK BENEFITS - Changes in the Market Risk Benefits for Deferred Variable Annuities (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2022
Market Risk Benefit [Roll Forward]      
Benefit payments $ 0 $ 5  
Market risk benefits - instrument-specific credit risk component 7   $ 1
Balance, end of the period (“EOP”) 5 5  
Net amount at risk 14   10
GMxB Core      
Market Risk Benefit [Roll Forward]      
Net amount at risk 14   $ 9
GMxB Core | Individual Variable Annuity Products      
Market Risk Benefit [Roll Forward]      
Balance, beginning of the period (“BOP”) (9) 0  
Balance BOP before changes in the instrument specific credit risk (8) 1  
Model changes and effect of changes in cash flow assumptions 0 0  
Actual market movement effect (5) 4  
Interest accrual 0 0  
Attributed fees accrued 1 0  
Benefit payments 0 0  
Actual policyholder behavior different from expected behavior 2 1  
Changes in future economic assumptions 2 (7)  
Issuances 0 (1)  
Balance EOP before changes in the instrument-specific credit risk (8) (2)  
Market risk benefits - instrument-specific credit risk component (6) (5)  
Balance, end of the period (“EOP”) $ (14) $ (7)  
Weighted-average age of policyholders (years) 61 years 3 months 18 days 59 years 6 months  
Net amount at risk $ 9 $ 2