SEGMENT INFORMATION - SUCCESSOR COMPANY - Balance Sheet by Segment (Details) - USD ($) $ in Millions		Dec. 31, 2022	Dec. 31, 2021
ASSETS
Total investments		$ 5,887	$ 11,605
Cash and cash equivalents		872	2,016
Accrued investment income		52	61
Reinsurance recoverables	[1]	235	8,108
Net modified coinsurance receivable		18
Income taxes		50
Deposit asset		607
Goodwill		93	0
Other assets		127	954
Separate account assets	[1]	23,601	32,267
TOTAL ASSETS		31,542	58,579
LIABILITIES
Insurance liabilities	[1]	5,546	0
Other liabilities		808	1,192
Separate account liabilities	[1]	23,601	32,267
TOTAL LIABILITIES		29,955	56,897
EQUITY		1,587	1,682
TOTAL LIABILITIES AND EQUITY		31,542	$ 58,579
Retained Business
ASSETS
Total investments		4,257
Cash and cash equivalents		433
Accrued investment income		41
Reinsurance recoverables		0
Net modified coinsurance receivable		0
Income taxes		50
Deposit asset		0
Goodwill		93
Other assets		113
Separate account assets		21,558
TOTAL ASSETS		26,545
LIABILITIES
Insurance liabilities		2,941
Other liabilities		459
Separate account liabilities		21,558
TOTAL LIABILITIES		24,958
EQUITY		1,587
TOTAL LIABILITIES AND EQUITY		26,545
Ceded Business
ASSETS
Total investments		1,630
Cash and cash equivalents		439
Accrued investment income		11
Reinsurance recoverables		235
Net modified coinsurance receivable		18
Income taxes		0
Deposit asset		607
Goodwill		0
Other assets		14
Separate account assets		2,043
TOTAL ASSETS		4,997
LIABILITIES
Insurance liabilities		2,605
Other liabilities		349
Separate account liabilities		2,043
TOTAL LIABILITIES		4,997
EQUITY		0
TOTAL LIABILITIES AND EQUITY		$ 4,997

[1] We have elected the fair value option on these financial statement line items for the Successor Company. See Note 2 for further discussion.