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DERIVATIVES AND HEDGE ACCOUNTING (Details - Hedge Accounting) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Derivative Instruments, Gain (Loss) [Line Items]        
Foreign currency translation gain (loss) adjustment related to net investment hedge relationships $ 1 $ 14 $ (8) $ 87
Derivatives designated as hedging instruments | Interest rate contracts | Fair value hedging | Net realized capital gains (losses)        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives (1) 1 0 1
Gain (loss) recognized in earnings on hedged items 1 (1) (6) (1)
Gain (loss) recognized in earnings for ineffective portion 0 0 0 0
Gain (Loss) from Components Excluded from Assessment of Fair Value Hedge Effectiveness, Net 0 0 0 0
Gains/(Losses) Recognized in Earnings Including Gains/(Losses) Attributable to Other 0 0 (6) 0
Derivatives designated as hedging instruments | Interest rate contracts | Fair value hedging | Other Income        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on hedged items 3 2 10 7
Gains/(Losses) Recognized in Earnings Including Gains/(Losses) Attributable to Other 3 2 10 7
Derivatives designated as hedging instruments | Interest rate contracts | Fair value hedging | Loss on extinguishment of debt        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 0 0 0 0
Gain (loss) recognized in earnings on hedged items 0 1 0 14
Gain (loss) recognized in earnings for ineffective portion 0 0 0 0
Gain (Loss) from Components Excluded from Assessment of Fair Value Hedge Effectiveness, Net 0 0 0 0
Gains/(Losses) Recognized in Earnings Including Gains/(Losses) Attributable to Other 0 1 0 14
Derivatives designated as hedging instruments | Foreign exchange contracts | Fair value hedging | Net realized capital gains (losses)        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives (10) 81 413 152
Gain (loss) recognized in earnings on hedged items (34) (67) (443) (123)
Gain (loss) recognized in earnings for ineffective portion 0 0 0 0
Gain (Loss) from Components Excluded from Assessment of Fair Value Hedge Effectiveness, Net (44) 14 (30) 27
Gains/(Losses) Recognized in Earnings Including Gains/(Losses) Attributable to Other 0 0 0 2
Derivatives designated as hedging instruments | Foreign exchange contracts | Fair value hedging | Interest credited to policyholder account balances        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on hedged items       (1)
Gains/(Losses) Recognized in Earnings Including Gains/(Losses) Attributable to Other       (1)
Derivatives designated as hedging instruments | Foreign exchange contracts | Fair value hedging | Other Income        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on hedged items 3 4 15 14
Gains/(Losses) Recognized in Earnings Including Gains/(Losses) Attributable to Other 3 4 15 14
Derivatives designated as hedging instruments | Foreign exchange contracts | Fair value hedging | Loss on extinguishment of debt        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 0 0 0 0
Gain (loss) recognized in earnings on hedged items 0 0 0 17
Gain (loss) recognized in earnings for ineffective portion 0 0 0 0
Gain (Loss) from Components Excluded from Assessment of Fair Value Hedge Effectiveness, Net 0 0 0 0
Gains/(Losses) Recognized in Earnings Including Gains/(Losses) Attributable to Other 0 0 0 17
Derivatives designated as hedging instruments | Equity contracts | Fair value hedging | Net realized capital gains (losses)        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 8 (4) 28 (23)
Gain (loss) recognized in earnings on hedged items (9) 3 (28) 21
Gain (loss) recognized in earnings for ineffective portion 0 0 0 0
Gain (Loss) from Components Excluded from Assessment of Fair Value Hedge Effectiveness, Net (1) (1) 0 (2)
Gains/(Losses) Recognized in Earnings Including Gains/(Losses) Attributable to Other 0 0 0 0
Derivatives not designated as hedging instruments        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives (89) 16 (49) 914
Derivatives not designated as hedging instruments | Net realized capital gains (losses)        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives (181) 20 (93) 496
Derivatives not designated as hedging instruments | Net investment income        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 2 6 14 20
Derivatives not designated as hedging instruments | Other Income        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 69 (36) (43) 334
Derivatives not designated as hedging instruments | Policy fees        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 20 20 60 59
Derivatives not designated as hedging instruments | Policyholder benefits and claims incurred        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 1 6 13 5
Derivatives not designated as hedging instruments | Interest rate contracts        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 91 470 1,464 398
Derivatives not designated as hedging instruments | Foreign exchange contracts        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 49 51 203 321
Derivatives not designated as hedging instruments | Equity contracts        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives (317) 229 (589) 108
Derivatives not designated as hedging instruments | Commodity contracts        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 0 0 0 (1)
Derivatives not designated as hedging instruments | Credit contracts        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 36 11 70 171
Derivatives not designated as hedging instruments | Other contracts        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 22 71 58 60
Derivatives not designated as hedging instruments | Embedded derivatives        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives $ 30 $ (816) $ (1,255) $ (143)