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FAIR VALUE DISCLOSURES - Fair Value Measurement Reconciliation for All Levels (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Total gains (losses), realized and unrealized, included in:        
Investment gains (losses), net     $ 287 $ 176
Transfers into level 3     195 14
Transfers out of level 3     (103) (104)
Corporate        
Total gains (losses), realized and unrealized, included in:        
Investment gains (losses), net     0 0
OCI     (37) 3
Corporate | Level 3        
Total gains (losses), realized and unrealized, included in:        
Beginning Balance $ 1,685 $ 1,302 1,257 1,186
Net investment income (loss) 0 0 2 3
Investment gains (losses), net (1) 0 (14) 0
Total realized and unrealized gains (losses) (1) 0 (12) 3
OCI 18 (6) (36) 4
Purchases (155) (3) 207 219
Sales (24) (42) (114) (102)
Transfers into level 3 (29) 0 195 14
Transfers out of level 3 0 (31) (3) (104)
Ending Balance 1,494 1,220 1,494 1,220
States and political subdivisions        
Total gains (losses), realized and unrealized, included in:        
Investment gains (losses), net     0 0
OCI     2 3
States and political subdivisions | Level 3        
Total gains (losses), realized and unrealized, included in:        
Beginning Balance 40 40 39 39
Net investment income (loss) 0 0 0 0
Investment gains (losses), net 0 1 0 1
Total realized and unrealized gains (losses) 0 1 0 1
OCI (1) 0 1 2
Purchases 0 0 0 0
Sales 0 (2) (1) (3)
Transfers into level 3 0 0 0 0
Transfers out of level 3 0 0 0 0
Ending Balance 39 39 39 39
Asset-backed        
Total gains (losses), realized and unrealized, included in:        
Investment gains (losses), net     0 0
OCI     0 4
Asset-backed | Level 3        
Total gains (losses), realized and unrealized, included in:        
Beginning Balance 0 534 100 519
Net investment income (loss) 0 0 0 0
Investment gains (losses), net 0 0 0 0
Total realized and unrealized gains (losses) 0 0 0 0
OCI 0 0 0 5
Purchases 13 71 13 81
Sales 0 (73) 0 (73)
Transfers into level 3 0 0 0 0
Transfers out of level 3 0 0 (100) 0
Ending Balance 13 532 13 532
Other equity investments | Level 3        
Total gains (losses), realized and unrealized, included in:        
Beginning Balance 132 134 150 165
Net investment income (loss) 7 0    
Investment gains (losses), net     14 0
Net derivative gains (losses) 0 0 0 0
Total realized and unrealized gains (losses) 7 0 14 0
OCI (4) 0 (21) 0
Purchases 21 2 25 10
Sales (14) (4) (26) (11)
Settlements 0 0 0 0
Change in estimate     0 0
Activity related to consolidated VIEs/VOEs (3) 0 (4) (3)
Transfers into level 3 0 0 1 0
Transfers out of level 3 0 (4) 0 (33)
Ending Balance 139 128 139 128
GMIB Reinsurance Contract Asset        
Total gains (losses), realized and unrealized, included in:        
Investment gains (losses), net     0 0
OCI     0 0
Non-performance Risk (8)   (33)  
GMIB Reinsurance Contract Asset | Level 3        
Total gains (losses), realized and unrealized, included in:        
Beginning Balance 2,931 1,898 2,139 1,734
Net investment income (loss) 0 0    
Investment gains (losses), net     0 0
Net derivative gains (losses) (103) 563 736 740
Total realized and unrealized gains (losses) (103) 563 736 740
OCI 0 0 0 0
Purchases 11 11 33 33
Sales (21) (20) (58) (55)
Settlements 0 0 0 0
Change in estimate     (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 2,818 2,452 2,818 2,452
Separate Accounts Assets | Level 3        
Total gains (losses), realized and unrealized, included in:        
Beginning Balance 0 25 0 21
Net investment income (loss) 0 0    
Investment gains (losses), net     0 0
Net derivative gains (losses) 0 0 0 0
Total realized and unrealized gains (losses) 0 0 0 0
OCI 0 0 0 0
Purchases 0 (5) 0 3
Sales 0 (1) 0 (1)
Settlements 0 (1) 0 (4)
Change in estimate     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 (11) 0 (12)
Ending Balance 0 7 0 7
GMxB Derivative Features Liability        
Total gains (losses), realized and unrealized, included in:        
Non-performance Risk (464)   42  
GMxB Derivative Features Liability | Level 3        
Total gains (losses), realized and unrealized, included in:        
Beginning Balance (12,689) (7,004) (8,502) (5,674)
Net investment income (loss) 0 0    
Investment gains (losses), net     0 0
Net derivative gains (losses) 579 (2,548) (3,421) (3,677)
Total realized and unrealized gains (losses) 579 (2,548) (3,421) (3,677)
OCI 0 0 0 0
Purchases (115) (102) (335) (317)
Sales 21 13 54 27
Settlements 0 0 0 0
Change in estimate     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 (12,204) (9,641) (12,204) (9,641)
Contingent Payment Arrangement | Level 3        
Total gains (losses), realized and unrealized, included in:        
Beginning Balance (28) (25) (23) (7)
Net investment income (loss) 0 0    
Investment gains (losses), net     0 0
Net derivative gains (losses) 0 0 0 0
Total realized and unrealized gains (losses) 0 0 0 0
OCI 0 0 0 0
Purchases 0 0 (4) (17)
Sales 0 0 0 0
Settlements 0 0 0 0
Change in estimate     0 0
Activity related to consolidated VIEs/VOEs (1) (1) (2) (2)
Transfers into level 3 0 0 0 0
Transfers out of level 3 0 0 0 0
Ending Balance $ (29) $ (26) $ (29) $ (26)