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DEFERRED POLICY ACQUISITION COSTS (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Rollforward of deferred policy acquisition costs      
Balance, beginning of year $ 11,042 $ 11,115 $ 9,828
Dispositions (35) (110) 0
Acquisition costs deferred 4,820 5,216 5,825
Amortization expense (4,288) (4,521) (5,236)
Change in net unrealized gains (losses) on securities (505) (259) 848
Increase (decrease) due to foreign exchange and other (40) 72 (150)
Reclassified to Assets held for sale 0 (471) 0
Balance, end of year 10,994 11,042 11,115
Value of business acquired      
Amortization of VOBA 20 40 64
Unamortized balance of VOBA $ 381 393 453
Percentage of unamortized balance of VOBA expected to be amortized in the next five years      
Year one (as a percent) 8.40%    
Year two (as a percent) 7.80%    
Year three (as a percent) 7.20%    
Year four (as a percent) 6.10%    
Year five (as a percent) 5.90%    
Years after five year (as a percent) 64.60%    
Reportable Segments | Life insurance companies      
Rollforward of deferred policy acquisition costs      
Increase (decrease) in deferred policy acquisition costs due to net unrealized gains and losses on available for sale securities $ (1,300) $ (842) $ (583)