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FAIR VALUE DISCLOSURES - Assets and Liabilities Measured on Recurring Basis (Details) - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Investments:    
Fixed maturities available for sale, at fair value $ 79,379 $ 66,343
U.S. Treasury, government and agency    
Investments:    
Fixed maturities available for sale, at fair value 17,468 15,394
States and political subdivisions    
Investments:    
Fixed maturities available for sale, at fair value 878 705
Foreign governments    
Investments:    
Fixed maturities available for sale, at fair value 905 492
Residential mortgage-backed    
Investments:    
Fixed maturities available for sale, at fair value 160 191
Asset-backed    
Investments:    
Fixed maturities available for sale, at fair value 2,596 849
Commercial mortgage-backed    
Investments:    
Fixed maturities available for sale, at fair value 1,117  
Redeemable preferred stock    
Investments:    
Fixed maturities available for sale, at fair value 443 513
Fair Value, Measurements, Recurring    
Investments:    
Fixed maturities available for sale, at fair value 79,379 66,343
Other equity investments 93 110
Trading securities, at fair value 6,244 7,031
Other invested assets: 4,502 4,146
Cash equivalents 7,372 3,497
Segregated securities 1,869 1,095
GMIB reinsurance contracts asset 2,818 2,139
Separate Accounts assets 122,856 126,324
Total Assets 225,133 210,685
Liabilities:    
Contingent payment arrangements 30 23
Total Liabilities 14,845 11,803
Fair Value, Measurements, Recurring | Corporate    
Investments:    
Fixed maturities available for sale, at fair value 55,812 48,199
Fair Value, Measurements, Recurring | U.S. Treasury, government and agency    
Investments:    
Fixed maturities available for sale, at fair value 17,468 15,394
Fair Value, Measurements, Recurring | States and political subdivisions    
Investments:    
Fixed maturities available for sale, at fair value 878 705
Fair Value, Measurements, Recurring | Foreign governments    
Investments:    
Fixed maturities available for sale, at fair value 905 492
Fair Value, Measurements, Recurring | Residential mortgage-backed    
Investments:    
Fixed maturities available for sale, at fair value 160 191
Fair Value, Measurements, Recurring | Asset-backed    
Investments:    
Fixed maturities available for sale, at fair value 2,596 849
Fair Value, Measurements, Recurring | Commercial mortgage-backed    
Investments:    
Fixed maturities available for sale, at fair value 1,117  
Fair Value, Measurements, Recurring | Redeemable preferred stock    
Investments:    
Fixed maturities available for sale, at fair value 443 513
Fair Value, Measurements, Recurring | Short-term investments    
Investments:    
Other invested assets: 126 490
Fair Value, Measurements, Recurring | Assets of consolidated VIEs/VOEs    
Investments:    
Other invested assets: 245 606
Fair Value, Measurements, Recurring | Swap    
Investments:    
Other invested assets: 1,368 (327)
Fair Value, Measurements, Recurring | Credit default swaps    
Investments:    
Other invested assets: 6 15
Fair Value, Measurements, Recurring | Future    
Investments:    
Other invested assets: 0  
Fair Value, Measurements, Recurring | Options Held    
Investments:    
Other invested assets: 2,757 3,346
Fair Value, Measurements, Recurring | Swaption    
Investments:    
Other invested assets: 0 16
Fair Value, Measurements, Recurring | GMxB derivative features’ liability    
Liabilities:    
Guarantees 12,204 8,502
Fair Value, Measurements, Recurring | SCS, SIO, MSO and IUL indexed features liability    
Liabilities:    
Guarantees 2,606 3,268
Fair Value, Measurements, Recurring | Level 1    
Investments:    
Fixed maturities available for sale, at fair value 369 239
Other equity investments 20 13
Trading securities, at fair value 414 500
Other invested assets: 19 132
Cash equivalents 6,331 3,497
Segregated securities 0 0
GMIB reinsurance contracts asset 0 0
Separate Accounts assets 120,418 123,432
Total Assets 127,571 127,813
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 369 239
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: 19 132
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: 0  
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 | GMxB derivative features’ liability    
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 77,464 64,708
Other equity investments 0 0
Trading securities, at fair value 5,778 6,495
Other invested assets: 4,470 3,997
Cash equivalents 1,041 0
Segregated securities 1,869 1,095
GMIB reinsurance contracts asset 0 0
Separate Accounts assets 2,438 2,892
Total Assets 93,060 79,187
Liabilities:    
Contingent payment arrangements 0 0
Total Liabilities 2,611 3,277
Fair Value, Measurements, Recurring | Level 2 | Corporate    
Investments:    
Fixed maturities available for sale, at fair value 54,318 46,942
Fair Value, Measurements, Recurring | Level 2 | U.S. Treasury, government and agency    
Investments:    
Fixed maturities available for sale, at fair value 17,468 15,394
Fair Value, Measurements, Recurring | Level 2 | States and political subdivisions    
Investments:    
Fixed maturities available for sale, at fair value 839 666
Fair Value, Measurements, Recurring | Level 2 | Foreign governments    
Investments:    
Fixed maturities available for sale, at fair value 905 492
Fair Value, Measurements, Recurring | Level 2 | Residential mortgage-backed    
Investments:    
Fixed maturities available for sale, at fair value 160 191
Fair Value, Measurements, Recurring | Level 2 | Asset-backed    
Investments:    
Fixed maturities available for sale, at fair value 2,583 749
Fair Value, Measurements, Recurring | Level 2 | Commercial mortgage-backed    
Investments:    
Fixed maturities available for sale, at fair value 1,117  
Fair Value, Measurements, Recurring | Level 2 | Redeemable preferred stock    
Investments:    
Fixed maturities available for sale, at fair value 74 274
Fair Value, Measurements, Recurring | Level 2 | Short-term investments    
Investments:    
Other invested assets: 126 490
Fair Value, Measurements, Recurring | Level 2 | Assets of consolidated VIEs/VOEs    
Investments:    
Other invested assets: 213 457
Fair Value, Measurements, Recurring | Level 2 | Swap    
Investments:    
Other invested assets: 1,368 (327)
Fair Value, Measurements, Recurring | Level 2 | Credit default swaps    
Investments:    
Other invested assets: 6 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: 2,757 3,346
Fair Value, Measurements, Recurring | Level 2 | Swaption    
Investments:    
Other invested assets: 0 16
Fair Value, Measurements, Recurring | Level 2 | GMxB derivative features’ liability    
Liabilities:    
Guarantees 0 0
Fair Value, Measurements, Recurring | Level 2 | SCS, SIO, MSO and IUL indexed features liability    
Liabilities:    
Guarantees 2,606 3,268
Fair Value, Measurements, Recurring | Level 3    
Investments:    
Fixed maturities available for sale, at fair value 1,546 1,396
Other equity investments 73 97
Trading securities, at fair value 52 36
Other invested assets: 13 17
Cash equivalents 0 0
Segregated securities 0 0
GMIB reinsurance contracts asset 2,818 2,139
Separate Accounts assets 0 0
Total Assets 4,502 3,685
Liabilities:    
Contingent payment arrangements 30 23
Total Liabilities 12,234 8,525
Fair Value, Measurements, Recurring | Level 3 | Corporate    
Investments:    
Fixed maturities available for sale, at fair value 1,494 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 39 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 13 100
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: 13 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 | GMxB derivative features’ liability    
Liabilities:    
Guarantees 12,204 8,502
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 356 356
Variable Interest Entity, Primary Beneficiary | Fair Value, Measurements, Recurring    
Liabilities:    
Guarantees 5 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 5 9
Variable Interest Entity, Primary Beneficiary | Fair Value, Measurements, Recurring | Level 3    
Liabilities:    
Guarantees $ 0 $ 0