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CLOSED BLOCK (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2015
Dec. 31, 2014
CLOSED BLOCK LIABILITIES:          
Future policy benefits, policyholders’ account balances and other       $ 7,363 $ 7,537
Policyholder dividend obligation $ 201 $ 128 $ 128 81 201
Other liabilities       100 117
Total Closed Block liabilities       7,544 7,855
ASSETS DESIGNATED TO THE CLOSED BLOCK:          
Fixed maturities, available for sale, at fair value (amortized cost of $4,426 and $4,829)       4,599 5,143
Mortgage loans on real estate       1,575 1,407
Policy loans       881 912
Cash and other invested assets       49 14
Other assets       258 176
Total assets designated to the Closed Block       7,362 7,652
Excess of Closed Block liabilities over assets designated to the Closed Block       182 203
Amounts included in accumulated other comprehensive income (loss):          
Net unrealized investment gains (losses), net of deferred income tax (expense) benefit of $(36) and $(43) and policyholder dividend obligation of $(81) and $(201)       67 80
Maximum Future Earnings To Be Recognized From Closed Block Assets and Liabilities       249 283
REVENUES:          
Premiums and other income 262 273 286    
Investment income (loss) 368 378 402    
Net investment gains (losses) 2 (4) (11)    
Total revenues 632 647 677    
BENEFITS AND OTHER DEDUCTIONS:          
Policyholders’ benefits and dividends 576 597 637    
Other operating costs and expenses 4 4 1    
Total benefits and other deductions 580 601 638    
Net revenues, before income taxes 52 46 39    
Income tax (expense) benefit (18) (16) (14)    
Net Revenues (Losses) 34 30 25    
Movement in Closed Block Dividend Obligation [Roll Forward]          
Balances, beginning of year 201 128      
Unrealized investment gains (losses) (120) 73      
Balances, End of year $ 81 $ 201 $ 128    
Closed block operations, income taxes       36 43
Closed block investments fixed maturity available for sale amortized cost       $ 4,426 $ 4,829