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DERIVATIVES AND HEDGING - Primary Risks Managed by Derivatives (Details) - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Fair value, assets $ 1,017 $ 1,478
Fair value, liabilities (1,657) (1,368)
Future policy benefits    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Net embedded derivative liability position   4,060
Policyholders' account balances    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Net embedded derivative liability position   2,040
Other assets    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Net embedded derivative liability position   400
Reinsurance Recoverables    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Net embedded derivative liability position   1,881
Reinsurance Payables    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Net embedded derivative liability position   1,881
Not Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units 32,692 38,819
Fair value, assets 1,017 1,449
Fair value, liabilities 1,657 1,367
Interest Rate Futures | Not Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units   55
Fair value, assets   0
Fair value, liabilities   0
Interest Rate Swaps | Not Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units   10,520
Fair value, assets   339
Fair value, liabilities   255
Foreign Currency Forwards | Not Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units   50
Fair value, assets   0
Fair value, liabilities   1
Foreign Currency Swaps | Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units   637
Fair value, assets   29
Fair value, liabilities   1
Foreign Currency Swaps | Not Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units   208
Fair value, assets   10
Fair value, liabilities   1
Credit Default Swaps | Not Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units   1,746
Fair value, assets   48
Fair value, liabilities   0
Equity Futures | Not Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units   855
Fair value, assets   1
Fair value, liabilities   1
Total Return Swaps | Not Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units   4,803
Fair value, assets   88
Fair value, liabilities   81
Equity Options | Not Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units   20,582
Fair value, assets   963
Fair value, liabilities   $ 1,028
Retained Business | Not Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units 9,241  
Fair value, assets 354  
Fair value, liabilities 380  
Retained Business | Interest Rate Swaps | Not Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units 3,567  
Fair value, assets 9  
Fair value, liabilities 344  
Retained Business | Foreign Currency Swaps | Not Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units 105  
Fair value, assets 7  
Fair value, liabilities 1  
Retained Business | Equity Futures | Not Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units 1,771  
Fair value, assets 42  
Fair value, liabilities 6  
Retained Business | Total Return Swaps | Not Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units 0  
Fair value, assets 72  
Fair value, liabilities 29  
Retained Business | Equity Options | Not Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units 3,798  
Fair value, assets 224  
Fair value, liabilities 0  
Ceded Business | Not Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units 23,451  
Fair value, assets 663  
Fair value, liabilities 1,277  
Ceded Business | Interest Rate Swaps | Not Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units 3,090  
Fair value, assets 28  
Fair value, liabilities 64  
Ceded Business | Foreign Currency Forwards | Not Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units 13  
Fair value, assets 0  
Fair value, liabilities 0  
Ceded Business | Foreign Currency Swaps | Not Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units 734  
Fair value, assets 92  
Fair value, liabilities 0  
Ceded Business | Credit Default Swaps | Not Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units 74  
Fair value, assets 0  
Fair value, liabilities 2  
Ceded Business | Total Return Swaps | Not Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units 4  
Fair value, assets 0  
Fair value, liabilities 0  
Ceded Business | Equity Options | Not Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units 19,536  
Fair value, assets 543  
Fair value, liabilities $ 1,211