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FAIR VALUE MEASUREMENTS - Fair Value Hierarchy Levels of Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Assets:    
Available for sale, fixed maturity securities $ 100,744 $ 105,882
Equity securities 1,174 1,283
Other investments 1,295 1,139
Cash and cash equivalents 4,990 5,141
Asset derivatives 841 583
Total assets 109,044 114,028
Liabilities:    
Liability derivatives 1,094 697
Total liabilities 1,094 697
Foreign currency swaps    
Assets:    
Asset derivatives 201 180
Liabilities:    
Liability derivatives 242 312
Foreign currency forwards    
Assets:    
Asset derivatives 596 402
Liabilities:    
Liability derivatives 766 385
Foreign currency options    
Assets:    
Asset derivatives 44 1
Liabilities:    
Liability derivatives 86  
Government and agencies    
Assets:    
Available for sale, fixed maturity securities 35,791 37,350
Municipalities    
Assets:    
Available for sale, fixed maturity securities 2,901 3,018
Mortgage- and asset-backed securities    
Assets:    
Available for sale, fixed maturity securities 1,184 1,038
Public utilities    
Assets:    
Available for sale, fixed maturity securities 10,199 10,817
Sovereign and supranational    
Assets:    
Available for sale, fixed maturity securities 1,275 1,382
Banks/financial institutions    
Assets:    
Available for sale, fixed maturity securities 11,575 12,060
Other corporate    
Assets:    
Available for sale, fixed maturity securities 37,819 40,217
Level 1    
Assets:    
Available for sale, fixed maturity securities 34,432 36,032
Equity securities 971 1,095
Other investments 1,295 1,139
Cash and cash equivalents 4,990 5,141
Asset derivatives 0 0
Total assets 41,688 43,407
Liabilities:    
Total liabilities 0 0
Level 1 | Foreign currency swaps    
Assets:    
Asset derivatives 0 0
Liabilities:    
Liability derivatives 0 0
Level 1 | Foreign currency forwards    
Assets:    
Asset derivatives 0 0
Liabilities:    
Liability derivatives 0 0
Level 1 | Foreign currency options    
Assets:    
Asset derivatives 0 0
Liabilities:    
Liability derivatives 0  
Level 1 | Government and agencies    
Assets:    
Available for sale, fixed maturity securities 34,432 36,032
Level 1 | Municipalities    
Assets:    
Available for sale, fixed maturity securities 0 0
Level 1 | Mortgage- and asset-backed securities    
Assets:    
Available for sale, fixed maturity securities 0 0
Level 1 | Public utilities    
Assets:    
Available for sale, fixed maturity securities 0 0
Level 1 | Sovereign and supranational    
Assets:    
Available for sale, fixed maturity securities 0 0
Level 1 | Banks/financial institutions    
Assets:    
Available for sale, fixed maturity securities 0 0
Level 1 | Other corporate    
Assets:    
Available for sale, fixed maturity securities 0 0
Level 2    
Assets:    
Available for sale, fixed maturity securities 65,214 68,833
Equity securities 81 86
Other investments 0 0
Cash and cash equivalents 0 0
Asset derivatives 703 450
Total assets 65,998 69,369
Liabilities:    
Total liabilities 876 466
Level 2 | Foreign currency swaps    
Assets:    
Asset derivatives 63 47
Liabilities:    
Liability derivatives 24 81
Level 2 | Foreign currency forwards    
Assets:    
Asset derivatives 596 402
Liabilities:    
Liability derivatives 766 385
Level 2 | Foreign currency options    
Assets:    
Asset derivatives 44 1
Liabilities:    
Liability derivatives 86  
Level 2 | Government and agencies    
Assets:    
Available for sale, fixed maturity securities 1,359 1,318
Level 2 | Municipalities    
Assets:    
Available for sale, fixed maturity securities 2,901 3,018
Level 2 | Mortgage- and asset-backed securities    
Assets:    
Available for sale, fixed maturity securities 980 814
Level 2 | Public utilities    
Assets:    
Available for sale, fixed maturity securities 9,720 10,395
Level 2 | Sovereign and supranational    
Assets:    
Available for sale, fixed maturity securities 1,207 1,334
Level 2 | Banks/financial institutions    
Assets:    
Available for sale, fixed maturity securities 11,547 12,036
Level 2 | Other corporate    
Assets:    
Available for sale, fixed maturity securities 37,500 39,918
Level 3    
Assets:    
Available for sale, fixed maturity securities 1,098 1,017
Equity securities 122 102
Other investments 0 0
Cash and cash equivalents 0 0
Asset derivatives 138 133
Total assets 1,358 1,252
Liabilities:    
Total liabilities 218 231
Level 3 | Foreign currency swaps    
Assets:    
Asset derivatives 138 133
Liabilities:    
Liability derivatives 218 231
Level 3 | Foreign currency forwards    
Assets:    
Asset derivatives 0 0
Liabilities:    
Liability derivatives 0 0
Level 3 | Foreign currency options    
Assets:    
Asset derivatives 0 0
Liabilities:    
Liability derivatives 0  
Level 3 | Government and agencies    
Assets:    
Available for sale, fixed maturity securities 0 0
Level 3 | Municipalities    
Assets:    
Available for sale, fixed maturity securities 0 0
Level 3 | Mortgage- and asset-backed securities    
Assets:    
Available for sale, fixed maturity securities 204 224
Level 3 | Public utilities    
Assets:    
Available for sale, fixed maturity securities 479 422
Level 3 | Sovereign and supranational    
Assets:    
Available for sale, fixed maturity securities 68 48
Level 3 | Banks/financial institutions    
Assets:    
Available for sale, fixed maturity securities 28 24
Level 3 | Other corporate    
Assets:    
Available for sale, fixed maturity securities $ 319 $ 299