SEGMENT INFORMATION= Narrative (Details) - USD ($) $ in Millions	3 Months Ended					6 Months Ended
	Jun. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2021
REVENUES
Premiums	$ 3		$ 8	$ 11		$ 27
Policy charges and fee income	130		97	514		1,022
Net investment income	97		99	146		285
Asset management and service fees	22		20	106		210
Other income (loss)	1		(19)	259		(514)
Investment gains (losses), net	(1,298)		481	(837)		2,292
TOTAL REVENUES	(1,045)		686	199		3,322
BENEFITS AND EXPENSES
Policyholder benefits and changes in fair value of insurance liabilities	(870)		0	0		0
Commission expense	18		35	166		331
General, administrative and other expenses	38		3	76		128
TOTAL BENEFITS AND EXPENSES	(814)		253	299		1,037
INCOME (LOSS) FROM OPERATIONS BEFORE INCOME TAXES	(231)		433	(100)		2,285
Income tax expense (benefit)	(51)		77	(25)		469
NET INCOME (LOSS)	(180)		356	(75)		1,816
Other comprehensive income (loss), before tax:
Changes in own-credit risk related to insurance liabilities	245		0	0		0
Income tax benefit (expense)	51	$ (51)	(118)	62		(313)
Other comprehensive loss, net of tax	194	$ 194	(443)	234	$ (1,413)	(1,179)
Comprehensive income (loss)	14		$ (87)	$ 159		$ 637
Retained Business
REVENUES
Premiums	3
Policy charges and fee income	130
Net investment income	35
Asset management and service fees	22
Other income (loss)	0
Investment gains (losses), net	(108)
TOTAL REVENUES	82
BENEFITS AND EXPENSES
Policyholder benefits and changes in fair value of insurance liabilities	257
Commission expense	18
General, administrative and other expenses	38
TOTAL BENEFITS AND EXPENSES	313
INCOME (LOSS) FROM OPERATIONS BEFORE INCOME TAXES	(231)
Income tax expense (benefit)	(51)
NET INCOME (LOSS)	(180)
Other comprehensive income (loss), before tax:
Changes in own-credit risk related to insurance liabilities	245
Income tax benefit (expense)	51
Other comprehensive loss, net of tax	194
Comprehensive income (loss)	14
Ceded Business
REVENUES
Premiums	0
Policy charges and fee income	0
Net investment income	62
Asset management and service fees	0
Other income (loss)	1
Investment gains (losses), net	(1,190)
TOTAL REVENUES	(1,127)
BENEFITS AND EXPENSES
Policyholder benefits and changes in fair value of insurance liabilities	(1,127)
Commission expense	0
General, administrative and other expenses	0
TOTAL BENEFITS AND EXPENSES	(1,127)
INCOME (LOSS) FROM OPERATIONS BEFORE INCOME TAXES	0
Income tax expense (benefit)	0
NET INCOME (LOSS)	0
Other comprehensive income (loss), before tax:
Changes in own-credit risk related to insurance liabilities	0
Income tax benefit (expense)	0
Other comprehensive loss, net of tax	0
Comprehensive income (loss)	$ 0