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CLOSED BLOCK (Details) - USD ($)
$ in Millions
Sep. 30, 2016
Dec. 31, 2015
Sep. 30, 2015
Dec. 31, 2014
CLOSED BLOCK LIABILITIES:        
Future policy benefits, policyholders’ account balances and other $ 7,206 $ 7,363    
Policyholder dividend obligation 216 81 $ 128 $ 201
Other liabilities 45 100    
Total Closed Block liabilities 7,467 7,544    
ASSETS DESIGNATED TO THE CLOSED BLOCK:        
Fixed maturities, available for sale, at fair value (amortized cost of $3,950 and $4,426) 4,237 4,599    
Mortgage loans on real estate 1,594 1,575    
Policy loans 850 881    
Cash and other invested assets 444 49    
Other assets 172 258    
Total assets designated to the Closed Block 7,297 7,362    
Excess of Closed Block liabilities over assets designated to the Closed Block 170 182    
Closed Block Assets and Liabilities, Effect on Other Comprehensive Income (Loss) [Abstract]        
Net unrealized investment gains (losses), net of deferred income tax (expense) benefit of $(29) and $(36) and policyholder dividend obligation of $(216) and $(81) 53 67    
Maximum Future Earnings To Be Recognized From Closed Block Assets and Liabilities $ 223 $ 249