INCOME TAXES - PREDECESSOR COMPANY - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Deferred tax assets:
Intangibles		$ 242
Investments	$ 121	830
Other		1
Total deferred tax assets	269	1,073
Deferred tax liabilities:
VOBA and deferred policy acquisition cost		110
Deferred sales inducements		62
Net unrealized gain on securities		56
Total deferred tax liabilities	(182)	(228)
Net deferred tax asset before valuation allowance	$ 87	$ 845