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DERIVATIVE INSTRUMENTS - Gains (Losses) Recognized on Fair Value Hedging Relationships (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Fixed-maturity securities and equity securities | Foreign currency forwards    
Derivative Instruments, Gain (Loss) [Line Items]    
Total gains (losses) recognized for derivatives   $ 341
Gains (losses) on derivatives excluded from effectiveness testing   (48)
Gains (losses) on derivatives included in effectiveness testing   389
Gains (losses) recognized for hedged items   (372)
Ineffectiveness recognized for fair value hedge   17
Fixed maturity securities | Foreign currency forwards    
Derivative Instruments, Gain (Loss) [Line Items]    
Total gains (losses) recognized for derivatives $ 414  
Gains (losses) on derivatives excluded from effectiveness testing (39)  
Gains (losses) on derivatives included in effectiveness testing 453  
Gains (losses) recognized for hedged items (464)  
Ineffectiveness recognized for fair value hedge (11)  
Fixed maturity securities | Foreign currency options    
Derivative Instruments, Gain (Loss) [Line Items]    
Total gains (losses) recognized for derivatives (1) 24
Gains (losses) on derivatives excluded from effectiveness testing (1) 13
Gains (losses) on derivatives included in effectiveness testing 0 11
Gains (losses) recognized for hedged items 0 (10)
Ineffectiveness recognized for fair value hedge $ 0 $ 1