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DERIVATIVES AND HEDGING - PREDECESSOR COMPANY - Impact of Derivatives by Operating Segment (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2022
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss)   $ (811)    
Investment gains (losses), net        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) $ 501 $ (912) $ 6,124 $ (5,262)
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Total Total Total Total
Investment gains (losses), net | Not Designated as Hedging Instrument        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) $ 500   $ 6,117 $ (5,264)
Investment gains (losses), net | Designated as Hedging Instrument | Cash Flow Hedging        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) 1   7 2
Net Investment Income        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) $ 1   $ 13 $ 18
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Net investment income   Net investment income Net investment income
Net Investment Income | Not Designated as Hedging Instrument        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) $ 0   $ 0 $ 0
Net Investment Income | Designated as Hedging Instrument | Cash Flow Hedging        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) 1   13 18
Other income (loss)        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) $ 2 $ 101 $ 14 $ (25)
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Other income (loss) Other income (loss) Other income (loss) Other income (loss)
Other income (loss) | Not Designated as Hedging Instrument        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) $ 0   $ 0 $ 0
Other income (loss) | Designated as Hedging Instrument | Cash Flow Hedging        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) 2   14 (25)
Change in AOCI        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) $ 4   $ 68 $ (43)
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Net unrealized investment gains (losses)   Net unrealized investment gains (losses) Net unrealized investment gains (losses)
Change in AOCI | Not Designated as Hedging Instrument        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) $ 0   $ 0 $ 0
Change in AOCI | Designated as Hedging Instrument | Cash Flow Hedging        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) 4   68 (43)
Interest Rate | Investment gains (losses), net | Not Designated as Hedging Instrument        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) (527)   (1,749) 4,453
Interest Rate | Net Investment Income | Not Designated as Hedging Instrument        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) 0   0 0
Interest Rate | Other income (loss) | Not Designated as Hedging Instrument        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) 0   0 0
Interest Rate | Change in AOCI | Not Designated as Hedging Instrument        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) 0   0 0
Currency | Investment gains (losses), net | Not Designated as Hedging Instrument        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) 0   2 (1)
Currency | Net Investment Income | Not Designated as Hedging Instrument        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) 0   0 0
Currency | Other income (loss) | Not Designated as Hedging Instrument        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) 0   0 0
Currency | Change in AOCI | Not Designated as Hedging Instrument        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) 0   0 0
Currency/Interest Rate | Investment gains (losses), net | Not Designated as Hedging Instrument        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) (6)   12 (15)
Currency/Interest Rate | Investment gains (losses), net | Designated as Hedging Instrument | Cash Flow Hedging        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) 1   7 2
Currency/Interest Rate | Net Investment Income | Not Designated as Hedging Instrument        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) 0   0 0
Currency/Interest Rate | Net Investment Income | Designated as Hedging Instrument | Cash Flow Hedging        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) 1   13 18
Currency/Interest Rate | Other income (loss) | Not Designated as Hedging Instrument        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) 0   0 0
Currency/Interest Rate | Other income (loss) | Designated as Hedging Instrument | Cash Flow Hedging        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) 2   14 (25)
Currency/Interest Rate | Change in AOCI | Not Designated as Hedging Instrument        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) 0   0 0
Currency/Interest Rate | Change in AOCI | Designated as Hedging Instrument | Cash Flow Hedging        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) 4   68 (43)
Credit | Investment gains (losses), net | Not Designated as Hedging Instrument        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) (12)   17 0
Credit | Net Investment Income | Not Designated as Hedging Instrument        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) 0   0 0
Credit | Other income (loss) | Not Designated as Hedging Instrument        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) 0   0 0
Credit | Change in AOCI | Not Designated as Hedging Instrument        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) 0   0 0
Equity | Investment gains (losses), net | Not Designated as Hedging Instrument        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) 59   (1,465) (5,290)
Equity | Net Investment Income | Not Designated as Hedging Instrument        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) 0   0 0
Equity | Other income (loss) | Not Designated as Hedging Instrument        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) 0   0 0
Equity | Change in AOCI | Not Designated as Hedging Instrument        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) 0   0 0
Embedded Derivatives | Investment gains (losses), net | Not Designated as Hedging Instrument        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) 986   9,300 (4,411)
Embedded Derivatives | Net Investment Income | Not Designated as Hedging Instrument        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) 0   0 0
Embedded Derivatives | Other income (loss) | Not Designated as Hedging Instrument        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) 0   0 0
Embedded Derivatives | Change in AOCI | Not Designated as Hedging Instrument        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Derivative Gain/(Loss) $ 0   $ 0 $ 0