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FAIR VALUE DISCLOSURES - Fair Value Measurement Reconciliation for All Levels (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Total gains (losses), realized and unrealized, included in:        
Investment gains (losses), net     $ 266 $ (23)
Transfers into level 3     224 14
Transfers out of level 3     (103) (73)
Corporate        
Total gains (losses), realized and unrealized, included in:        
OCI     (54) 10
Corporate | Level 3        
Total gains (losses), realized and unrealized, included in:        
Beginning Balance $ 1,185 $ 1,180 1,257 1,186
Net investment income (loss) 1 2 2 3
Investment gains (losses), net (11)   (13) 0
Total realized and unrealized gains (losses) (10) 2 (11) 3
OCI 7 1 (54) 10
Purchases 301 152 362 222
Sales (45) (26) (90) (60)
Transfers into level 3 224 (3) 224 14
Transfers out of level 3 23 (4) (3) (73)
Ending Balance 1,685 1,302 1,685 1,302
States and political subdivisions        
Total gains (losses), realized and unrealized, included in:        
OCI     2 3
States and political subdivisions | Level 3        
Total gains (losses), realized and unrealized, included in:        
Beginning Balance 36 40 39 39
Net investment income (loss) 0 0 0 0
Investment gains (losses), net 0   0 0
Total realized and unrealized gains (losses) 0 0 0 0
OCI 5 1 2 2
Purchases 0 0 0 0
Sales (1) (1) (1) (1)
Transfers into level 3 0 0 0 0
Transfers out of level 3 0 0 0 0
Ending Balance 40 40 40 40
Asset-backed        
Total gains (losses), realized and unrealized, included in:        
OCI     0 5
Asset-backed | Level 3        
Total gains (losses), realized and unrealized, included in:        
Beginning Balance 40 534 100 519
Net investment income (loss) 0 0 0 0
Investment gains (losses), net 0   0 0
Total realized and unrealized gains (losses) 0 0 0 0
OCI 8 1 0 5
Purchases (48) (1) 0 10
Sales 0 0 0 0
Transfers into level 3 0 0 0 0
Transfers out of level 3 0 0 (100) 0
Ending Balance 0 534 0 534
Other equity investments | Level 3        
Total gains (losses), realized and unrealized, included in:        
Beginning Balance 140 137 150 165
Net investment income (loss) 0 0    
Investment gains (losses), net     7 0
Net derivative gains (losses), excluding non-performance risk 0 0 0 0
Nonperformance risk 0 0 0 0
Total realized and unrealized gains (losses) 0 0 7 0
OCI (10) 0 (17) 0
Purchases 2 6 4 8
Sales (1) (7) (12) (7)
Settlements 0 0 0 0
Change in estimate 0   0 0
Activity related to consolidated VIEs/VOEs 0 0 (1) (3)
Transfers into level 3 1 (2) 1 0
Transfers out of level 3 0 0 0 (29)
Ending Balance 132 134 132 134
GMIB Reinsurance Contract Asset        
Total gains (losses), realized and unrealized, included in:        
OCI     0 0
GMIB Reinsurance Contract Asset | Level 3        
Total gains (losses), realized and unrealized, included in:        
Beginning Balance 2,823 1,740 2,139 1,732
Net investment income (loss) 0 0    
Investment gains (losses), net     0 0
Net derivative gains (losses), excluding non-performance risk (90) 147 865 136
Nonperformance risk 203 12 (26) 41
Total realized and unrealized gains (losses) 113 159 839 177
OCI 0 0 0 0
Purchases 12 11 22 22
Sales (17) (14) (37) (35)
Settlements 0 0 0 0
Change in estimate 0   (32) 0
Activity related to consolidated VIEs/VOEs 0 0 0 0
Transfers into level 3 0 0 0 0
Transfers out of level 3 0 0 0 0
Ending Balance 2,931 1,896 2,931 1,896
Separate Accounts Assets | Level 3        
Total gains (losses), realized and unrealized, included in:        
Beginning Balance 0 23 0 21
Net investment income (loss) 0 0    
Investment gains (losses), net     0 0
Net derivative gains (losses), excluding non-performance risk 0 0 0 0
Nonperformance risk 0 0 0 0
Total realized and unrealized gains (losses) 0 0 0 0
OCI 0 0 0 0
Purchases 0 4 0 8
Sales 0 0 0 0
Settlements 0 (2) 0 (3)
Change in estimate 0   0 0
Activity related to consolidated VIEs/VOEs 0 0 0 0
Transfers into level 3 0 0 0 0
Transfers out of level 3 0 0 0 (1)
Ending Balance 0 25 0 25
GMxB Derivative Features Liability | Level 3        
Total gains (losses), realized and unrealized, included in:        
Beginning Balance (9,727) (6,126) (8,432) (5,614)
Net investment income (loss) 0 0    
Investment gains (losses), net     0 0
Net derivative gains (losses), excluding non-performance risk (346) (719) (4,499) (656)
Nonperformance risk (2,450) 0 505 (470)
Total realized and unrealized gains (losses) (2,796) (719) (3,994) (1,126)
OCI 0 0 0 0
Purchases (109) (104) (220) (215)
Sales 19 8 33 14
Settlements 0 0 0 0
Change in estimate 0   0 0
Activity related to consolidated VIEs/VOEs 0 0 0 0
Transfers into level 3 0 0 0 0
Transfers out of level 3 0 0 0 0
Ending Balance (12,613) (6,941) (12,613) (6,941)
Contingent Payment Arrangement | Level 3        
Total gains (losses), realized and unrealized, included in:        
Beginning Balance (24) (7) (23) (7)
Net investment income (loss) 0 0    
Investment gains (losses), net     0 0
Net derivative gains (losses), excluding non-performance risk 0 0 0 0
Nonperformance risk 0 0 0 0
Total realized and unrealized gains (losses) 0 0 0 0
OCI 0 0 0 0
Purchases (4) (17) (4) (17)
Sales 0 0 0 0
Settlements 0 0 0 0
Change in estimate 0   0 0
Activity related to consolidated VIEs/VOEs (1) 0 (2) (1)
Transfers into level 3 0 (1) 0 0
Transfers out of level 3 0 0 0 0
Ending Balance $ (29) $ (25) $ (29) $ (25)