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ORGANIZATION - REVISION OF PRIOR PERIOD FINANCIAL STATEMENTS - STATEMENTS OF INCOME (LOSS) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
REVENUES      
Policy charges and fee income $ 180 $ 188 $ 153
Total revenues 258 242 202
BENEFITS AND OTHER DEDUCTIONS      
Policyholders’ benefits 54 29 41
Interest credited to policyholders’ account balances 41 43 35
Amortization of deferred policy acquisition costs, net (38) (2) (76)
Total benefits and other deductions 326 336 223
Income (loss) from operations, before income taxes (68) (94) (21)
Income tax (expense) benefit 7 35 10
Net Income (Loss) (61) (59) (11)
Statements of Comprehensive Income (Loss):      
Comprehensive Income (Loss) $ (56) (57) (23)
Scenario, Previously Reported      
REVENUES      
Policy charges and fee income   196 152
Total revenues   250 201
BENEFITS AND OTHER DEDUCTIONS      
Policyholders’ benefits   34 39
Interest credited to policyholders’ account balances   49 42
Amortization of deferred policy acquisition costs, net   (10) (73)
Total benefits and other deductions   339 231
Income (loss) from operations, before income taxes   (89) (30)
Income tax (expense) benefit   33 13
Net Income (Loss)   (56) (17)
Statements of Comprehensive Income (Loss):      
Comprehensive Income (Loss)   (54) (29)
Restatement Adjustment      
REVENUES      
Policy charges and fee income   (8) 1
Total revenues   (8) 1
BENEFITS AND OTHER DEDUCTIONS      
Policyholders’ benefits   (5) 2
Interest credited to policyholders’ account balances   (6) (7)
Amortization of deferred policy acquisition costs, net   8 (3)
Total benefits and other deductions   (3) (8)
Income (loss) from operations, before income taxes   (5) 9
Income tax (expense) benefit   2 (3)
Net Income (Loss)   (3) 6
Statements of Comprehensive Income (Loss):      
Comprehensive Income (Loss)   $ (3) $ 6