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DERIVATIVES AND HEDGE ACCOUNTING (Details - Hedge Accounting) (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Derivative instruments gain (loss):        
Foreign currency translation gain (loss) adjustment related to net investment hedge relationships $ 0 $ 35 $ 3 $ 95
Loss on extinguishment of debt
       
Derivative instruments gain (loss):        
Gain (loss) recognized in earnings on hedged items     50  
Derivatives designated as hedging instruments | Interest rate contracts | Fair value hedging
       
Derivative instruments gain (loss):        
Gain (loss) recognized in earnings on derivatives 0 0 2 0
Gain (loss) recognized in earnings on hedged items 10 23 75 53
Amortization of debt basis adjustment following the discontinuation of hedge accounting 10 23 28 53
Gain (loss) recognized in earnings for ineffective portion 0 0 0 0
Derivatives designated as hedging instruments | Interest rate contracts | Fair value hedging | Net realized capital gains (losses)
       
Derivative instruments gain (loss):        
Gain (loss) recognized in earnings on derivatives     1  
Derivatives designated as hedging instruments | Interest rate contracts | Fair value hedging | Interest credited to policyholder account balances
       
Derivative instruments gain (loss):        
Gain (loss) recognized in earnings on derivatives     1  
Derivatives designated as hedging instruments | Foreign exchange contracts | Fair value hedging
       
Derivative instruments gain (loss):        
Gain (loss) recognized in earnings on derivatives 32 (35) 56 (40)
Gain (loss) recognized in earnings on hedged items (28) 43 (60) 47
Gain (loss) recognized in earnings for amounts excluded from effectiveness testing (4) 8 (12) 7
Amortization of debt basis adjustment following the discontinuation of hedge accounting 9   9  
Derivatives designated as hedging instruments | Foreign exchange contracts | Fair value hedging | Interest credited to policyholder account balances
       
Derivative instruments gain (loss):        
Gain (loss) recognized in earnings on derivatives 1   1  
Derivatives designated as hedging instruments | Equity contracts | Fair value hedging
       
Derivative instruments gain (loss):        
Gain (loss) recognized in earnings on derivatives (14)   (14)  
Gain (loss) recognized in earnings on hedged items 14   14  
Derivatives not designated as hedging instruments
       
Derivative instruments gain (loss):        
Gain (loss) recognized in earnings on derivatives 194 543 (7) 745
Derivatives not designated as hedging instruments | Policy fees
       
Derivative instruments gain (loss):        
Gain (loss) recognized in earnings on derivatives 68 48 136 93
Derivatives not designated as hedging instruments | Net investment income
       
Derivative instruments gain (loss):        
Gain (loss) recognized in earnings on derivatives 12 5 26 29
Derivatives not designated as hedging instruments | Net realized capital gains (losses)
       
Derivative instruments gain (loss):        
Gain (loss) recognized in earnings on derivatives 22 276 (315) 0
Derivatives not designated as hedging instruments | Other income (losses)
       
Derivative instruments gain (loss):        
Gain (loss) recognized in earnings on derivatives 89 219 138 631
Derivatives not designated as hedging instruments | Policyholder benefits and claims incurred
       
Derivative instruments gain (loss):        
Gain (loss) recognized in earnings on derivatives 3 (5) 8 (8)
Derivatives not designated as hedging instruments | Interest rate contracts
       
Derivative instruments gain (loss):        
Gain (loss) recognized in earnings on derivatives 48 (69) 187 (285)
Derivatives not designated as hedging instruments | Foreign exchange contracts
       
Derivative instruments gain (loss):        
Gain (loss) recognized in earnings on derivatives 37 (8) 23 147
Derivatives not designated as hedging instruments | Equity contracts
       
Derivative instruments gain (loss):        
Gain (loss) recognized in earnings on derivatives 11 468 (411) 512
Embedded derivative gains (losses) 47 505 (342) 760
Derivatives not designated as hedging instruments | Commodity contracts
       
Derivative instruments gain (loss):        
Gain (loss) recognized in earnings on derivatives 0 (2) 1 (2)
Derivatives not designated as hedging instruments | Credit contracts
       
Derivative instruments gain (loss):        
Gain (loss) recognized in earnings on derivatives 74 138 154 313
Derivatives not designated as hedging instruments | Other contracts
       
Derivative instruments gain (loss):        
Gain (loss) recognized in earnings on derivatives $ 24 $ 16 $ 39 $ 60