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MARKET RISK BENEFITS - Changes in the Market Risk Benefits for Deferred Variable Annuities (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Market Risk Benefit [Roll Forward]      
Balance, beginning of the period (“BOP”) $ 0    
Benefit payments 15 $ 0 $ 0
Balance, end of the period (“EOP”) 1 0  
Net amount at risk 10 0  
GMxB Core      
Market Risk Benefit [Roll Forward]      
Net amount at risk 9 0  
GMxB Core | Individual Retirement      
Market Risk Benefit [Roll Forward]      
Balance, beginning of the period (“BOP”) 0 0  
Balance BOP before changes in the instrument specific credit risk 1 0  
Model changes and effect of changes in cash flow assumptions 0 0  
Actual market movement effect 13 (1)  
Interest accrual 0 0  
Attributed fees accrued 4 0  
Benefit payments 0 0  
Actual policyholder behavior different from expected behavior 5 1  
Changes in future economic assumptions (31) 0  
Issuances 0 1  
Balance EOP before changes in the instrument-specific credit risk (8) 1 0
Market risk benefits - instrument-specific credit risk component (1) (1)  
Balance, end of the period (“EOP”) $ (9) $ 0 $ 0
Weighted-average age of policyholders (years) 61 years 59 years 4 months 24 days  
Net amount at risk $ 13 $ 0