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SIGNIFICANT ACCOUNTING POLICIES - Assumption Updates and Model Changes (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Mar. 31, 2020
Change in Accounting Estimate [Line Items]          
Policyholders’ benefits $ 746,000,000 $ 896,000,000 $ 3,534,000,000 $ 1,776,000,000  
Policy charges and fee income 879,000,000 941,000,000 1,870,000,000 1,872,000,000  
Interest credited to policyholders’ account balances (307,000,000) (314,000,000) (624,000,000) (618,000,000)  
Earnings (loss) from operations, before income taxes (5,019,000,000) 441,000,000 1,868,000,000 (483,000,000)  
Net income (loss) $ (3,942,000,000) $ 430,000,000 1,505,000,000 $ (279,000,000)  
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)    
Economic Scenario Generator          
Change in Accounting Estimate [Line Items]          
Earnings (loss) from operations, before income taxes     201,000,000    
Net income (loss)     $ 159,000,000    
5-year Historical Average Over A 10-year Period          
Change in Accounting Estimate [Line Items]          
Interest rate assumptions         $ 0.0225