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FAIR VALUE DISCLOSURES - Assets and Liabilities Measured on Recurring Basis (Details) - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Investments:    
Fixed maturities available for sale, at fair value $ 76,243 $ 66,343
U.S. Treasury, government and agency    
Investments:    
Fixed maturities available for sale, at fair value 17,377 15,394
States and political subdivisions    
Investments:    
Fixed maturities available for sale, at fair value 775 705
Foreign governments    
Investments:    
Fixed maturities available for sale, at fair value 835 492
Residential mortgage-backed    
Investments:    
Fixed maturities available for sale, at fair value 175 191
Asset-backed    
Investments:    
Fixed maturities available for sale, at fair value 2,045 849
Commercial mortgage-backed    
Investments:    
Fixed maturities available for sale, at fair value 879  
Redeemable preferred stock    
Investments:    
Fixed maturities available for sale, at fair value 380 513
Fair Value, Measurements, Recurring    
Investments:    
Fixed maturities available for sale, at fair value 76,243 66,343
Other equity investments 93 110
Trading securities, at fair value 6,616 7,031
Other invested assets: 4,051 4,146
Cash equivalents 7,127 3,497
Segregated securities 1,882 1,095
GMIB reinsurance contracts asset 2,931 2,139
Separate Accounts assets 118,358 126,324
Total Assets 217,301 210,685
Liabilities:    
Contingent payment arrangements 29 23
Total Liabilities 14,421 11,733
Fair Value, Measurements, Recurring | Corporate    
Investments:    
Fixed maturities available for sale, at fair value 53,777 48,199
Fair Value, Measurements, Recurring | U.S. Treasury, government and agency    
Investments:    
Fixed maturities available for sale, at fair value 17,377 15,394
Fair Value, Measurements, Recurring | States and political subdivisions    
Investments:    
Fixed maturities available for sale, at fair value 775 705
Fair Value, Measurements, Recurring | Foreign governments    
Investments:    
Fixed maturities available for sale, at fair value 835 492
Fair Value, Measurements, Recurring | Residential mortgage-backed    
Investments:    
Fixed maturities available for sale, at fair value 175 191
Fair Value, Measurements, Recurring | Asset-backed    
Investments:    
Fixed maturities available for sale, at fair value 2,045 849
Fair Value, Measurements, Recurring | Commercial mortgage-backed    
Investments:    
Fixed maturities available for sale, at fair value 879  
Fair Value, Measurements, Recurring | Redeemable preferred stock    
Investments:    
Fixed maturities available for sale, at fair value 380 513
Fair Value, Measurements, Recurring | Short-term investments    
Investments:    
Other invested assets: 244 490
Fair Value, Measurements, Recurring | Assets of consolidated VIEs/VOEs    
Investments:    
Other invested assets: 250 606
Fair Value, Measurements, Recurring | Swap    
Investments:    
Other invested assets: 1,653 (327)
Fair Value, Measurements, Recurring | Credit default swaps    
Investments:    
Other invested assets: 7 15
Fair Value, Measurements, Recurring | Future    
Investments:    
Other invested assets: (1)  
Fair Value, Measurements, Recurring | Options Held    
Investments:    
Other invested assets: 1,898 3,346
Fair Value, Measurements, Recurring | Swaption    
Investments:    
Other invested assets: 0 16
Fair Value, Measurements, Recurring | Guaranteed Minimum Withdrawal Benefit    
Liabilities:    
Guarantees 12,613 8,432
Fair Value, Measurements, Recurring | SCS, SIO, MSO and IUL indexed features liability    
Liabilities:    
Guarantees 1,773 3,268
Fair Value, Measurements, Recurring | Level 1    
Investments:    
Fixed maturities available for sale, at fair value 317 239
Other equity investments 12 13
Trading securities, at fair value 486 500
Other invested assets: 19 132
Cash equivalents 7,127 3,497
Segregated securities 0 0
GMIB reinsurance contracts asset 0 0
Separate Accounts assets 115,552 123,432
Total Assets 123,513 127,813
Liabilities:    
Contingent payment arrangements 0 0
Total Liabilities 0 1
Fair Value, Measurements, Recurring | Level 1 | Corporate    
Investments:    
Fixed maturities available for sale, at fair value 0 0
Fair Value, Measurements, Recurring | Level 1 | U.S. Treasury, government and agency    
Investments:    
Fixed maturities available for sale, at fair value 0 0
Fair Value, Measurements, Recurring | Level 1 | States and political subdivisions    
Investments:    
Fixed maturities available for sale, at fair value 0 0
Fair Value, Measurements, Recurring | Level 1 | Foreign governments    
Investments:    
Fixed maturities available for sale, at fair value 0 0
Fair Value, Measurements, Recurring | Level 1 | Residential mortgage-backed    
Investments:    
Fixed maturities available for sale, at fair value 0 0
Fair Value, Measurements, Recurring | Level 1 | Asset-backed    
Investments:    
Fixed maturities available for sale, at fair value 0 0
Fair Value, Measurements, Recurring | Level 1 | Commercial mortgage-backed    
Investments:    
Fixed maturities available for sale, at fair value 0  
Fair Value, Measurements, Recurring | Level 1 | Redeemable preferred stock    
Investments:    
Fixed maturities available for sale, at fair value 317 239
Fair Value, Measurements, Recurring | Level 1 | Short-term investments    
Investments:    
Other invested assets: 0 0
Fair Value, Measurements, Recurring | Level 1 | Assets of consolidated VIEs/VOEs    
Investments:    
Other invested assets: 20 132
Fair Value, Measurements, Recurring | Level 1 | Swap    
Investments:    
Other invested assets: 0 0
Fair Value, Measurements, Recurring | Level 1 | Credit default swaps    
Investments:    
Other invested assets: 0 0
Fair Value, Measurements, Recurring | Level 1 | Future    
Investments:    
Other invested assets: (1)  
Fair Value, Measurements, Recurring | Level 1 | Options Held    
Investments:    
Other invested assets: 0 0
Fair Value, Measurements, Recurring | Level 1 | Swaption    
Investments:    
Other invested assets: 0 0
Fair Value, Measurements, Recurring | Level 1 | Guaranteed Minimum Withdrawal Benefit    
Liabilities:    
Guarantees 0 0
Fair Value, Measurements, Recurring | Level 1 | SCS, SIO, MSO and IUL indexed features liability    
Liabilities:    
Guarantees 0 0
Fair Value, Measurements, Recurring | Level 2    
Investments:    
Fixed maturities available for sale, at fair value 74,201 64,708
Other equity investments 0 0
Trading securities, at fair value 6,093 6,495
Other invested assets: 4,017 3,997
Cash equivalents 0 0
Segregated securities 1,882 1,095
GMIB reinsurance contracts asset 0 0
Separate Accounts assets 2,806 2,892
Total Assets 88,999 79,187
Liabilities:    
Contingent payment arrangements 0 0
Total Liabilities 1,779 3,277
Fair Value, Measurements, Recurring | Level 2 | Corporate    
Investments:    
Fixed maturities available for sale, at fair value 52,092 46,942
Fair Value, Measurements, Recurring | Level 2 | U.S. Treasury, government and agency    
Investments:    
Fixed maturities available for sale, at fair value 17,377 15,394
Fair Value, Measurements, Recurring | Level 2 | States and political subdivisions    
Investments:    
Fixed maturities available for sale, at fair value 735 666
Fair Value, Measurements, Recurring | Level 2 | Foreign governments    
Investments:    
Fixed maturities available for sale, at fair value 835 492
Fair Value, Measurements, Recurring | Level 2 | Residential mortgage-backed    
Investments:    
Fixed maturities available for sale, at fair value 175 191
Fair Value, Measurements, Recurring | Level 2 | Asset-backed    
Investments:    
Fixed maturities available for sale, at fair value 2,045 749
Fair Value, Measurements, Recurring | Level 2 | Commercial mortgage-backed    
Investments:    
Fixed maturities available for sale, at fair value 879  
Fair Value, Measurements, Recurring | Level 2 | Redeemable preferred stock    
Investments:    
Fixed maturities available for sale, at fair value 63 274
Fair Value, Measurements, Recurring | Level 2 | Short-term investments    
Investments:    
Other invested assets: 244 490
Fair Value, Measurements, Recurring | Level 2 | Assets of consolidated VIEs/VOEs    
Investments:    
Other invested assets: 215 457
Fair Value, Measurements, Recurring | Level 2 | Swap    
Investments:    
Other invested assets: 1,653 (327)
Fair Value, Measurements, Recurring | Level 2 | Credit default swaps    
Investments:    
Other invested assets: 7 15
Fair Value, Measurements, Recurring | Level 2 | Future    
Investments:    
Other invested assets: 0  
Fair Value, Measurements, Recurring | Level 2 | Options Held    
Investments:    
Other invested assets: 1,898 3,346
Fair Value, Measurements, Recurring | Level 2 | Swaption    
Investments:    
Other invested assets: 0 16
Fair Value, Measurements, Recurring | Level 2 | Guaranteed Minimum Withdrawal Benefit    
Liabilities:    
Guarantees 0 0
Fair Value, Measurements, Recurring | Level 2 | SCS, SIO, MSO and IUL indexed features liability    
Liabilities:    
Guarantees 1,773 3,268
Fair Value, Measurements, Recurring | Level 3    
Investments:    
Fixed maturities available for sale, at fair value 1,725 1,396
Other equity investments 81 97
Trading securities, at fair value 37 36
Other invested assets: 15 17
Cash equivalents 0 0
Segregated securities 0 0
GMIB reinsurance contracts asset 2,931 2,139
Separate Accounts assets 0 0
Total Assets 4,789 3,685
Liabilities:    
Contingent payment arrangements 29 23
Total Liabilities 12,642 8,455
Fair Value, Measurements, Recurring | Level 3 | Corporate    
Investments:    
Fixed maturities available for sale, at fair value 1,685 1,257
Fair Value, Measurements, Recurring | Level 3 | U.S. Treasury, government and agency    
Investments:    
Fixed maturities available for sale, at fair value 0 0
Fair Value, Measurements, Recurring | Level 3 | States and political subdivisions    
Investments:    
Fixed maturities available for sale, at fair value 40 39
Fair Value, Measurements, Recurring | Level 3 | Foreign governments    
Investments:    
Fixed maturities available for sale, at fair value 0 0
Fair Value, Measurements, Recurring | Level 3 | Residential mortgage-backed    
Investments:    
Fixed maturities available for sale, at fair value 0 0
Fair Value, Measurements, Recurring | Level 3 | Asset-backed    
Investments:    
Fixed maturities available for sale, at fair value 0 100
Fair Value, Measurements, Recurring | Level 3 | Commercial mortgage-backed    
Investments:    
Fixed maturities available for sale, at fair value 0  
Fair Value, Measurements, Recurring | Level 3 | Redeemable preferred stock    
Investments:    
Fixed maturities available for sale, at fair value 0 0
Fair Value, Measurements, Recurring | Level 3 | Short-term investments    
Investments:    
Other invested assets: 0 0
Fair Value, Measurements, Recurring | Level 3 | Assets of consolidated VIEs/VOEs    
Investments:    
Other invested assets: 15 17
Fair Value, Measurements, Recurring | Level 3 | Swap    
Investments:    
Other invested assets: 0 0
Fair Value, Measurements, Recurring | Level 3 | Credit default swaps    
Investments:    
Other invested assets: 0 0
Fair Value, Measurements, Recurring | Level 3 | Future    
Investments:    
Other invested assets: 0  
Fair Value, Measurements, Recurring | Level 3 | Options Held    
Investments:    
Other invested assets: 0 0
Fair Value, Measurements, Recurring | Level 3 | Swaption    
Investments:    
Other invested assets: 0 0
Fair Value, Measurements, Recurring | Level 3 | Guaranteed Minimum Withdrawal Benefit    
Liabilities:    
Guarantees 12,613 8,432
Fair Value, Measurements, Recurring | Level 3 | SCS, SIO, MSO and IUL indexed features liability    
Liabilities:    
Guarantees 0 0
Fair Value, Measurements, Recurring | NAV    
Investments:    
Separate Accounts assets 363 356
Variable Interest Entity, Primary Beneficiary | Fair Value, Measurements, Recurring    
Liabilities:    
Guarantees 6 10
Variable Interest Entity, Primary Beneficiary | Fair Value, Measurements, Recurring | Level 1    
Liabilities:    
Guarantees 0 1
Variable Interest Entity, Primary Beneficiary | Fair Value, Measurements, Recurring | Level 2    
Liabilities:    
Guarantees 6 9
Variable Interest Entity, Primary Beneficiary | Fair Value, Measurements, Recurring | Level 3    
Liabilities:    
Guarantees $ 0 $ 0