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FAIR VALUE DISCLOSURES - Carrying Values and Fair Values of Financial Instruments (Details) - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Consolidated Amounts [Abstract]    
Mortgage loans on real estate $ 12,802 $ 12,107
Policy loans 4,123 3,735
Policyholders liabilities: Investment contracts 62,726 58,879
Separate Accounts liabilities 123,446 126,910
Carrying Value    
Consolidated Amounts [Abstract]    
Mortgage loans on real estate 12,802 12,107
Policy loans 4,123 3,735
Policyholders liabilities: Investment contracts 2,195 2,056
FHLB funding agreements 6,848 6,909
FABN funding agreements 1,143  
Short-term and long-term debt 4,114 4,111
Separate Accounts liabilities 9,000 9,041
Measured at Fair Value    
Consolidated Amounts [Abstract]    
Mortgage loans on real estate 13,049 12,334
Policy loans 5,232 4,707
Policyholders liabilities: Investment contracts 2,425 2,167
FHLB funding agreements 6,940 6,957
FABN funding agreements 1,168  
Short-term and long-term debt 4,750 4,476
Separate Accounts liabilities 9,000 9,041
Measured at Fair Value | Level 1    
Consolidated Amounts [Abstract]    
Mortgage loans on real estate 0 0
Policy loans 0 0
Policyholders liabilities: Investment contracts 0 0
FHLB funding agreements 0 0
FABN funding agreements 0  
Short-term and long-term debt 0 0
Separate Accounts liabilities 0 0
Measured at Fair Value | Level 2    
Consolidated Amounts [Abstract]    
Mortgage loans on real estate 0 0
Policy loans 0 0
Policyholders liabilities: Investment contracts 0 0
FHLB funding agreements 6,940 6,957
FABN funding agreements 1,168  
Short-term and long-term debt 4,750 4,476
Separate Accounts liabilities 0 0
Measured at Fair Value | Level 3    
Consolidated Amounts [Abstract]    
Mortgage loans on real estate 13,049 12,334
Policy loans 5,232 4,707
Policyholders liabilities: Investment contracts 2,425 2,167
FHLB funding agreements 0 0
FABN funding agreements 0  
Short-term and long-term debt 0 0
Separate Accounts liabilities $ 9,000 $ 9,041