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FAIR VALUE DISCLOSURES - Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
Assets:    
Fixed maturities, available-for-sale   $ 36,515
Trading securities $ 13,457 12,628
Fair Value, Measurements, Recurring    
Assets:    
Fixed maturities, available-for-sale 33,630 36,358
Other equity investments 14 14
Trading securities 13,457 12,628
Other invested assets 4,324 4,023
Cash equivalents 2,874 2,360
Segregated securities 1,025 825
GMIB reinsurance contract asset 9,673 10,488
Separate Accounts’ assets 119,662 122,315
Total Assets 184,659 189,011
Liabilities    
Contingent payment arrangements 11 11
Total Liabilities 6,632 6,565
Fair Value, Measurements, Recurring | Public Corporate    
Assets:    
Fixed maturities, available-for-sale 14,844 14,345
Fair Value, Measurements, Recurring | Private Corporate    
Assets:    
Fixed maturities, available-for-sale 7,058 7,137
Fair Value, Measurements, Recurring | U.S. Treasury, government and agency    
Assets:    
Fixed maturities, available-for-sale 10,025 13,135
Fair Value, Measurements, Recurring | States and political subdivisions    
Assets:    
Fixed maturities, available-for-sale 469 481
Fair Value, Measurements, Recurring | Foreign governments    
Assets:    
Fixed maturities, available-for-sale 408 409
Fair Value, Measurements, Recurring | Residential mortgage-backed    
Assets:    
Fixed maturities, available-for-sale 233 251
Fair Value, Measurements, Recurring | Asset-backed    
Assets:    
Fixed maturities, available-for-sale 87 96
Fair Value, Measurements, Recurring | Redeemable preferred stock    
Assets:    
Fixed maturities, available-for-sale 506 504
Fair Value, Measurements, Recurring | Short-term investments    
Assets:    
Other invested assets 372 768
Fair Value, Measurements, Recurring | Assets of consolidated VIEs/VOEs    
Assets:    
Other invested assets 2,014 1,302
Fair Value, Measurements, Recurring | Swaps    
Assets:    
Other invested assets 41 15
Fair Value, Measurements, Recurring | Credit Default Swaps    
Assets:    
Other invested assets 28 33
Fair Value, Measurements, Recurring | Futures    
Assets:    
Other invested assets 0 (2)
Fair Value, Measurements, Recurring | Options    
Assets:    
Other invested assets 1,869 1,907
Fair Value, Measurements, Recurring | GMxB derivative features’ liability    
Liabilities    
Features’ liability 3,804 4,164
Fair Value, Measurements, Recurring | SCS, SIO, MSO and IUL indexed features’ liability    
Liabilities    
Features’ liability 1,609 1,698
Fair Value, Measurements, Recurring | Variable Interest Entity, Primary Beneficiary    
Liabilities    
Liabilities of consolidated VIEs/VOEs 1,208 692
Fair Value, Measurements, Recurring | Level 1    
Assets:    
Fixed maturities, available-for-sale 176 180
Other equity investments 13 13
Trading securities 431 467
Other invested assets 1,691 1,058
Cash equivalents 2,874 2,360
Segregated securities 0 0
GMIB reinsurance contract asset 0 0
Separate Accounts’ assets 116,474 118,983
Total Assets 121,659 123,061
Liabilities    
Contingent payment arrangements 0 0
Total Liabilities 1,190 670
Fair Value, Measurements, Recurring | Level 1 | Public Corporate    
Assets:    
Fixed maturities, available-for-sale 0 0
Fair Value, Measurements, Recurring | Level 1 | Private Corporate    
Assets:    
Fixed maturities, available-for-sale 0 0
Fair Value, Measurements, Recurring | Level 1 | U.S. Treasury, government and agency    
Assets:    
Fixed maturities, available-for-sale 0 0
Fair Value, Measurements, Recurring | Level 1 | States and political subdivisions    
Assets:    
Fixed maturities, available-for-sale 0 0
Fair Value, Measurements, Recurring | Level 1 | Foreign governments    
Assets:    
Fixed maturities, available-for-sale 0 0
Fair Value, Measurements, Recurring | Level 1 | Residential mortgage-backed    
Assets:    
Fixed maturities, available-for-sale 0 0
Fair Value, Measurements, Recurring | Level 1 | Asset-backed    
Assets:    
Fixed maturities, available-for-sale 0 0
Fair Value, Measurements, Recurring | Level 1 | Redeemable preferred stock    
Assets:    
Fixed maturities, available-for-sale 176 180
Fair Value, Measurements, Recurring | Level 1 | Short-term investments    
Assets:    
Other invested assets 0 0
Fair Value, Measurements, Recurring | Level 1 | Assets of consolidated VIEs/VOEs    
Assets:    
Other invested assets 1,691 1,060
Fair Value, Measurements, Recurring | Level 1 | Swaps    
Assets:    
Other invested assets 0 0
Fair Value, Measurements, Recurring | Level 1 | Credit Default Swaps    
Assets:    
Other invested assets 0 0
Fair Value, Measurements, Recurring | Level 1 | Futures    
Assets:    
Other invested assets 0 (2)
Fair Value, Measurements, Recurring | Level 1 | Options    
Assets:    
Other invested assets 0 0
Fair Value, Measurements, Recurring | Level 1 | GMxB derivative features’ liability    
Liabilities    
Features’ liability 0 0
Fair Value, Measurements, Recurring | Level 1 | SCS, SIO, MSO and IUL indexed features’ liability    
Liabilities    
Features’ liability 0 0
Fair Value, Measurements, Recurring | Level 1 | Variable Interest Entity, Primary Beneficiary    
Liabilities    
Liabilities of consolidated VIEs/VOEs 1,190 670
Fair Value, Measurements, Recurring | Level 2    
Assets:    
Fixed maturities, available-for-sale 32,179 34,991
Other equity investments 0 0
Trading securities 13,021 12,161
Other invested assets 2,601 2,938
Cash equivalents 0 0
Segregated securities 1,025 825
GMIB reinsurance contract asset 0 0
Separate Accounts’ assets 2,831 2,983
Total Assets 51,657 53,898
Liabilities    
Contingent payment arrangements 0 0
Total Liabilities 1,627 1,720
Fair Value, Measurements, Recurring | Level 2 | Public Corporate    
Assets:    
Fixed maturities, available-for-sale 14,724 14,298
Fair Value, Measurements, Recurring | Level 2 | Private Corporate    
Assets:    
Fixed maturities, available-for-sale 5,949 6,045
Fair Value, Measurements, Recurring | Level 2 | U.S. Treasury, government and agency    
Assets:    
Fixed maturities, available-for-sale 10,025 13,135
Fair Value, Measurements, Recurring | Level 2 | States and political subdivisions    
Assets:    
Fixed maturities, available-for-sale 430 441
Fair Value, Measurements, Recurring | Level 2 | Foreign governments    
Assets:    
Fixed maturities, available-for-sale 408 409
Fair Value, Measurements, Recurring | Level 2 | Residential mortgage-backed    
Assets:    
Fixed maturities, available-for-sale 233 251
Fair Value, Measurements, Recurring | Level 2 | Asset-backed    
Assets:    
Fixed maturities, available-for-sale 80 88
Fair Value, Measurements, Recurring | Level 2 | Redeemable preferred stock    
Assets:    
Fixed maturities, available-for-sale 330 324
Fair Value, Measurements, Recurring | Level 2 | Short-term investments    
Assets:    
Other invested assets 372 768
Fair Value, Measurements, Recurring | Level 2 | Assets of consolidated VIEs/VOEs    
Assets:    
Other invested assets 291 215
Fair Value, Measurements, Recurring | Level 2 | Swaps    
Assets:    
Other invested assets 41 15
Fair Value, Measurements, Recurring | Level 2 | Credit Default Swaps    
Assets:    
Other invested assets 28 33
Fair Value, Measurements, Recurring | Level 2 | Futures    
Assets:    
Other invested assets 0 0
Fair Value, Measurements, Recurring | Level 2 | Options    
Assets:    
Other invested assets 1,869 1,907
Fair Value, Measurements, Recurring | Level 2 | GMxB derivative features’ liability    
Liabilities    
Features’ liability 0 0
Fair Value, Measurements, Recurring | Level 2 | SCS, SIO, MSO and IUL indexed features’ liability    
Liabilities    
Features’ liability 1,609 1,698
Fair Value, Measurements, Recurring | Level 2 | Variable Interest Entity, Primary Beneficiary    
Liabilities    
Liabilities of consolidated VIEs/VOEs 18 22
Fair Value, Measurements, Recurring | Level 3    
Assets:    
Fixed maturities, available-for-sale 1,275 1,187
Other equity investments 1 1
Trading securities 5 0
Other invested assets 32 27
Cash equivalents 0 0
Segregated securities 0 0
GMIB reinsurance contract asset 9,673 10,488
Separate Accounts’ assets 357 349
Total Assets 11,343 12,052
Liabilities    
Contingent payment arrangements 11 11
Total Liabilities 3,815 4,175
Fair Value, Measurements, Recurring | Level 3 | Public Corporate    
Assets:    
Fixed maturities, available-for-sale 120 47
Fair Value, Measurements, Recurring | Level 3 | Private Corporate    
Assets:    
Fixed maturities, available-for-sale 1,109 1,092
Fair Value, Measurements, Recurring | Level 3 | U.S. Treasury, government and agency    
Assets:    
Fixed maturities, available-for-sale 0 0
Fair Value, Measurements, Recurring | Level 3 | States and political subdivisions    
Assets:    
Fixed maturities, available-for-sale 39 40
Fair Value, Measurements, Recurring | Level 3 | Foreign governments    
Assets:    
Fixed maturities, available-for-sale 0 0
Fair Value, Measurements, Recurring | Level 3 | Residential mortgage-backed    
Assets:    
Fixed maturities, available-for-sale 0 0
Fair Value, Measurements, Recurring | Level 3 | Asset-backed    
Assets:    
Fixed maturities, available-for-sale 7 8
Fair Value, Measurements, Recurring | Level 3 | Redeemable preferred stock    
Assets:    
Fixed maturities, available-for-sale 0 0
Fair Value, Measurements, Recurring | Level 3 | Short-term investments    
Assets:    
Other invested assets 0 0
Fair Value, Measurements, Recurring | Level 3 | Assets of consolidated VIEs/VOEs    
Assets:    
Other invested assets 32 27
Fair Value, Measurements, Recurring | Level 3 | Swaps    
Assets:    
Other invested assets 0 0
Fair Value, Measurements, Recurring | Level 3 | Credit Default Swaps    
Assets:    
Other invested assets 0 0
Fair Value, Measurements, Recurring | Level 3 | Futures    
Assets:    
Other invested assets 0 0
Fair Value, Measurements, Recurring | Level 3 | Options    
Assets:    
Other invested assets 0 0
Fair Value, Measurements, Recurring | Level 3 | GMxB derivative features’ liability    
Liabilities    
Features’ liability 3,804 4,164
Fair Value, Measurements, Recurring | Level 3 | SCS, SIO, MSO and IUL indexed features’ liability    
Liabilities    
Features’ liability 0 0
Fair Value, Measurements, Recurring | Level 3 | Variable Interest Entity, Primary Beneficiary    
Liabilities    
Liabilities of consolidated VIEs/VOEs $ 0 $ 0