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SIGNIFICANT ACCOUNTING POLICIES - ASSUMPTION UPDATES (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Dec. 31, 2014
Change in Accounting Estimate [Line Items]          
Amortization of deferred policy acquisition costs $ 156 $ 90 $ 359 $ 248  
Universal life and investment-type product policy fee income 978 937 2,794 2,747  
Policyholders’ benefits 611 1,251 3,037 2,793  
Increase (decrease) in the fair value of the reinsurance contract asset (198) 2,263 2,543 1,503  
Earnings (loss) from continuing operations before income taxes (30) 3,339 4,000 2,716  
Net earnings (loss) 22 2,275 2,803 2,104  
Variable and Interest Sensitive Life          
Change in Accounting Estimate [Line Items]          
Earnings (loss) from continuing operations before income taxes     21    
Net earnings (loss)     (14)    
Mortality Assumption | Variable and Interest Sensitive Life          
Change in Accounting Estimate [Line Items]          
Amortization of deferred policy acquisition costs     (70)    
Universal life and investment-type product policy fee income     (16)    
General Account Spread Assumption | Variable and Interest Sensitive Life          
Change in Accounting Estimate [Line Items]          
Amortization of deferred policy acquisition costs     79    
Universal life and investment-type product policy fee income     4    
Increase in Cost of Insurance          
Change in Accounting Estimate [Line Items]          
Earnings (loss) from continuing operations before income taxes   71   71  
Net earnings (loss)   $ 46   46  
RTM Assumptions Update          
Change in Accounting Estimate [Line Items]          
Amortization of deferred policy acquisition costs       $ (67)  
Mean (RTM) assumption   7.00%   7.00% 9.00%
Earnings (loss) from continuing operations before income taxes       $ (685)  
Net earnings (loss)       (445)  
RTM Assumptions Update | Variable and Interest Sensitive Life          
Change in Accounting Estimate [Line Items]          
Policyholders’ benefits       29  
Model and Assumption Changes          
Change in Accounting Estimate [Line Items]          
Amortization of deferred policy acquisition costs 31   31    
Universal life and investment-type product policy fee income 5   5    
Policyholders’ benefits (111)   (111)    
Earnings (loss) from continuing operations before income taxes 85   85    
Net earnings (loss) 55   55    
Out of Period Adjustments          
Change in Accounting Estimate [Line Items]          
Earnings (loss) from continuing operations before income taxes (42) $ (23) (44) (55)  
Net earnings (loss) (81) $ (15) (76) (36)  
Out of Period Adjustments | Model and Assumption Changes          
Change in Accounting Estimate [Line Items]          
Earnings (loss) from continuing operations before income taxes $ (30)   $ (30)    
Guaranteed Minimum Income Benefit | RTM Assumptions Update          
Change in Accounting Estimate [Line Items]          
Policyholders’ benefits       723  
Guaranteed Minimum Income Benefit | Long Term Lapse Assumption          
Change in Accounting Estimate [Line Items]          
Amortization of deferred policy acquisition costs       (13)  
Policyholders’ benefits       65  
Increase (decrease) in the fair value of the reinsurance contract asset       216  
Earnings (loss) from continuing operations before income taxes       164  
Net earnings (loss)       107  
Guaranteed Minimum Income Benefit | Future Reserve Assumptions          
Change in Accounting Estimate [Line Items]          
Policyholders’ benefits       (55)  
Increase (decrease) in the fair value of the reinsurance contract asset       (263)  
Earnings (loss) from continuing operations before income taxes       (208)  
Net earnings (loss)       $ (135)