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DERIVATIVES AND HEDGE ACCOUNTING (Details - Hedge Accounting) (USD $)
In Millions, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Derivative instruments gain (loss):        
Foreign currency translation gain (loss) adjustment related to net investment hedge relationships $ 0 $ 35 $ 107 $ 13
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 2 2 2
Gain (loss) recognized in earnings on hedged items 10 17 85 70
Amortization of debt basis adjustment following the discontinuation of hedge accounting 10 17 37 72
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 (76) (21) (20) (61)
Gain (loss) recognized in earnings on hedged items 97 19 37 66
Gain (loss) recognized in earnings for amounts excluded from effectiveness testing 9 (2) (3) 5
Amortization of debt basis adjustment following the discontinuation of hedge accounting 14   22  
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   0  
Gain (loss) recognized in earnings on hedged items (2)   (3)  
Derivatives designated as hedging instruments | Equity contracts | Fair value hedging
       
Derivative instruments gain (loss):        
Gain (loss) recognized in earnings on derivatives 4   (10)  
Gain (loss) recognized in earnings on hedged items (6)   8  
Gain (loss) recognized in earnings for amounts excluded from effectiveness testing (2)   (2)  
Derivatives not designated as hedging instruments
       
Derivative instruments gain (loss):        
Gain (loss) recognized in earnings on derivatives 441 175 434 920
Derivatives not designated as hedging instruments | Policy fees
       
Derivative instruments gain (loss):        
Gain (loss) recognized in earnings on derivatives 74 56 210 149
Derivatives not designated as hedging instruments | Net investment income
       
Derivative instruments gain (loss):        
Gain (loss) recognized in earnings on derivatives 43 (7) 69 22
Derivatives not designated as hedging instruments | Net realized capital gains (losses)
       
Derivative instruments gain (loss):        
Gain (loss) recognized in earnings on derivatives 13 200 (302) 200
Derivatives not designated as hedging instruments | Other income (losses)
       
Derivative instruments gain (loss):        
Gain (loss) recognized in earnings on derivatives 309 (71) 447 560
Derivatives not designated as hedging instruments | Policyholder benefits and claims incurred
       
Derivative instruments gain (loss):        
Gain (loss) recognized in earnings on derivatives 2 (3) 10 (11)
Derivatives not designated as hedging instruments | Interest rate contracts
       
Derivative instruments gain (loss):        
Gain (loss) recognized in earnings on derivatives 222 35 409 (250)
Derivatives not designated as hedging instruments | Foreign exchange contracts
       
Derivative instruments gain (loss):        
Gain (loss) recognized in earnings on derivatives 253 (83) 276 64
Derivatives not designated as hedging instruments | Equity contracts
       
Derivative instruments gain (loss):        
Gain (loss) recognized in earnings on derivatives (151) 158 (562) 670
Embedded derivative gains (losses) (64) 266 (406) 1,000
Derivatives not designated as hedging instruments | Commodity contracts
       
Derivative instruments gain (loss):        
Gain (loss) recognized in earnings on derivatives (2) (1) (1) (3)
Derivatives not designated as hedging instruments | Credit contracts
       
Derivative instruments gain (loss):        
Gain (loss) recognized in earnings on derivatives 75 52 229 365
Derivatives not designated as hedging instruments | Other contracts
       
Derivative instruments gain (loss):        
Gain (loss) recognized in earnings on derivatives $ 44 $ 14 $ 83 $ 74