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SIGNIFICANT ACCOUNTING POLICIES - Assumption Updates and Model Changes (Details) - USD ($)
3 Months Ended
Mar. 31, 2020
Sep. 30, 2019
Mar. 31, 2019
Change in Accounting Estimate [Line Items]      
Policyholders’ benefits $ 2,788,000,000   $ 880,000,000
Policy charges and fee income 991,000,000   931,000,000
Interest credited to policyholders’ account balances 317,000,000   304,000,000
Earnings (loss) from operations, before income taxes 6,887,000,000   (924,000,000)
Net income (loss) 5,447,000,000   $ (709,000,000)
Long-term Lapses, Partial Withdrawal Rates and Election Assumptions Updates      
Change in Accounting Estimate [Line Items]      
Policyholders’ benefits 1,400,000,000    
Amortization of deferred policy acquisition costs, net 1,100,000,000    
Policy charges and fee income 46,000,000    
Interest credited to policyholders’ account balances   $ (6,000,000)  
Earnings (loss) from operations, before income taxes (2,500,000,000)    
Net income (loss) (1,900,000,000)    
5-year Historical Average Over A 10-year Period      
Change in Accounting Estimate [Line Items]      
Interest rate assumptions $ 0.0225