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DERIVATIVES AND HEDGE ACCOUNTING (Details - Hedge Accounting) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Derivative Instruments, Gain (Loss) [Line Items]        
Foreign currency translation gain (loss) adjustment related to net investment hedge relationships $ 89 $ 28 $ 146 $ 27
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 0 (1) 0 (9)
Gain (loss) recognized in earnings on hedged items 0 1 0 10
Gain (loss) recognized in earnings for amounts excluded from effectiveness testing 0 0 0 0
Net Impact 0 0 0 1
Derivatives designated as hedging instruments | Interest rate contracts | Fair value hedging | Interest credited to policyholder account balances        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 4 0 18 0
Gain (loss) recognized in earnings on hedged items (4) 0 (18) 0
Gain (loss) recognized in earnings for amounts excluded from effectiveness testing 0 0 0 0
Net Impact 0 0 0 0
Derivatives designated as hedging instruments | Interest rate contracts | Fair value hedging | Net investment income        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 0 0 (1) 0
Gain (loss) recognized in earnings on hedged items 0 0 1 0
Gain (loss) recognized in earnings for amounts excluded from effectiveness testing 0 0 0 0
Net Impact 0 0 0 0
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 228 (16) 278 175
Gain (loss) recognized in earnings on hedged items (228) 16 (278) (175)
Gain (loss) recognized in earnings for amounts excluded from effectiveness testing 41 5 84 9
Net Impact 41 5 84 9
Derivatives not designated as hedging instruments        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 800 (173) 620 251
Derivatives not designated as hedging instruments | Net realized capital gains (losses)        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 780 (223) 611 133
Derivatives not designated as hedging instruments | Net investment income        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives (3) 0 (58) (3)
Derivatives not designated as hedging instruments | Other Income        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 0 35 0 76
Derivatives not designated as hedging instruments | Policy fees        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 16 17 51 51
Derivatives not designated as hedging instruments | Policyholder benefits and claims incurred        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 7 (2) 16 (6)
Derivatives not designated as hedging instruments | Interest rate contracts        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 1,078 (270) 2,052 (892)
Derivatives not designated as hedging instruments | Foreign exchange contracts        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 342 43 545 295
Derivatives not designated as hedging instruments | Equity contracts        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 96 (199) (23) (386)
Derivatives not designated as hedging instruments | Credit contracts        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 26 6 35 18
Derivatives not designated as hedging instruments | Other contracts        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 14 18 48 52
Derivatives not designated as hedging instruments | Embedded derivatives        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives $ (756) $ 229 $ (2,037) $ 1,164