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DERIVATIVES AND HEDGING - Primary Risks Managed by Derivatives (Details) - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Fair value, assets $ 380 $ 418
Not Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units 24,667 24,075
Fair value, assets 739 667
Fair value, liabilities (759) (1,075)
Retained Business    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Fair value, assets 156 183
Retained Business | Not Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units 19,602 14,300
Fair value, assets 515 432
Fair value, liabilities (658) (602)
Retained Business | Interest Rate Swaps | Not Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units 15,856 12,131
Fair value, assets 312 228
Fair value, liabilities (520) (553)
Retained Business | Foreign Currency Swaps | Not Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units 103 100
Fair value, assets 9 11
Fair value, liabilities 0 0
Retained Business | Credit Default Swaps | Not Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units 520 520
Fair value, assets 8 5
Fair value, liabilities 0 0
Retained Business | Equity Futures | Not Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units (2,002) (1,737)
Fair value, assets 0 46
Fair value, liabilities (57) 0
Retained Business | Total Return Swaps | Not Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units 1,079 0
Fair value, assets 2 24
Fair value, liabilities (47) (49)
Retained Business | Equity Options | Not Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units 4,046 3,286
Fair value, assets 184 118
Fair value, liabilities (34) 0
Ceded Business    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Fair value, assets 224 235
Ceded Business | Not Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units 5,065 9,775
Fair value, assets 224 235
Fair value, liabilities (101) (473)
Ceded Business | Interest Rate Swaps | Not Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units 1,160 2,517
Fair value, assets 50 48
Fair value, liabilities (16) (117)
Ceded Business | Foreign Currency Swaps | Not Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units 46 48
Fair value, assets 4 6
Fair value, liabilities 0 0
Ceded Business | Credit Default Swaps | Not Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units 70 71
Fair value, assets 2 1
Fair value, liabilities 0 0
Ceded Business | Total Return Swaps | Not Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units 24 0
Fair value, assets 0 0
Fair value, liabilities 0 0
Ceded Business | Equity Options | Not Designated as Hedging Instrument    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gross Notional Values/Units 3,765 7,139
Fair value, assets 168 180
Fair value, liabilities $ (85) $ (356)