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FAIR VALUE DISCLOSURES - LEVEL 3 UNOBSERVABLE INPUT RECONCILIATION (Details) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Total gains (losses), realized and unrealized, included in:    
Transfers into level 3 $ 67,000,000 $ 15,000,000
Transfers out of Level 3 (16,000,000) 0
Level 3 | Corporate    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Opening Balance 1,139,000,000 845,000,000
Total gains (losses), realized and unrealized, included in:    
Net investment income (loss) 2,000,000 1,000,000
Investment gains (losses), net 0 0
Subtotal 2,000,000 1,000,000
Other comprehensive income (loss) (20,000,000) 45,000,000
Purchases 173,000,000 169,000,000
Sales (116,000,000) (57,000,000)
Settlements 0  
Transfers into level 3 67,000,000 11,000,000
Transfers out of Level 3 (16,000,000) 0
Closing Balance 1,229,000,000 1,014,000,000
Level 3 | State and Political Sub- divisions    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Opening Balance 40,000,000 42,000,000
Total gains (losses), realized and unrealized, included in:    
Net investment income (loss) 0 0
Investment gains (losses), net 0 0
Subtotal 0 0
Other comprehensive income (loss) (1,000,000) 0
Purchases 0 0
Sales 0 0
Settlements 0  
Transfers into level 3 0 0
Transfers out of Level 3 0 0
Closing Balance 39,000,000 42,000,000
Level 3 | Commercial Mortgage- backed    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Opening Balance 0 349,000,000
Total gains (losses), realized and unrealized, included in:    
Net investment income (loss) 0 0
Investment gains (losses), net 0 31,000,000
Subtotal 0 31,000,000
Other comprehensive income (loss) 0 12,000,000
Purchases 0 0
Sales 0 (68,000,000)
Settlements 0  
Transfers into level 3 0 0
Transfers out of Level 3 0 0
Closing Balance 0 324,000,000
Level 3 | Asset- backed    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Opening Balance 8,000,000 24,000,000
Total gains (losses), realized and unrealized, included in:    
Net investment income (loss) 0 0
Investment gains (losses), net 0 0
Subtotal 0 0
Other comprehensive income (loss) 0 4,000,000
Purchases 0 0
Sales (1,000,000) (1,000,000)
Settlements 0  
Transfers into level 3 0 4,000,000
Transfers out of Level 3 0 0
Closing Balance 7,000,000 31,000,000
Level 3 | Redeemable Preferred Stock    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Opening Balance 0 1,000,000
Total gains (losses), realized and unrealized, included in:    
Net investment income (loss) 0 0
Investment gains (losses), net 0 0
Net derivative gains (losses) 0 0
Subtotal 0 0
Other comprehensive income (loss) 0 0
Purchases 0 0
Sales 0 0
Settlements 0 0
Activity related to consolidated VIEs 0 0
Transfers into level 3 0 0
Transfers out of Level 3 0 0
Closing Balance 0 1,000,000
Level 3 | Other Equity Investments    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Opening Balance 28,000,000 51,000,000
Total gains (losses), realized and unrealized, included in:    
Net investment income (loss) 0 0
Investment gains (losses), net 0 0
Net derivative gains (losses) 0 0
Subtotal 0 0
Other comprehensive income (loss) 0 0
Purchases 4,000,000 4,000,000
Sales 0 (1,000,000)
Settlements 0 0
Activity related to consolidated VIEs 1,000,000 0
Transfers into level 3 5,000,000 1,000,000
Transfers out of Level 3 0 0
Closing Balance 38,000,000 55,000,000
Level 3 | GMIB Reinsurance Asset    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Opening Balance 10,488,000,000 10,314,000,000
Total gains (losses), realized and unrealized, included in:    
Net investment income (loss) 0 0
Investment gains (losses), net 0 0
Net derivative gains (losses) (842,000,000) (533,000,000)
Subtotal (842,000,000) (533,000,000)
Other comprehensive income (loss) 0 0
Purchases 54,000,000 37,000,000
Sales (27,000,000) (21,000,000)
Settlements 0 0
Activity related to consolidated VIEs 0 0
Transfers into level 3 0 0
Transfers out of Level 3 0 0
Closing Balance 9,673,000,000 9,797,000,000
Level 3 | Separate Accounts Assets    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Opening Balance 349,000,000 313,000,000
Total gains (losses), realized and unrealized, included in:    
Net investment income (loss) 0 0
Investment gains (losses), net 7,000,000 10,000,000
Net derivative gains (losses) 0 0
Subtotal 7,000,000 10,000,000
Other comprehensive income (loss) 0 0
Purchases 3,000,000 3,000,000
Sales (1,000,000) (1,000,000)
Settlements (1,000,000) (1,000,000)
Activity related to consolidated VIEs 0 0
Transfers into level 3 0 1,000,000
Transfers out of Level 3 0 0
Closing Balance 357,000,000 325,000,000
Level 3 | GMxB derivative features liability    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Opening Balance (4,164,000,000) (5,319,000,000)
Total gains (losses), realized and unrealized, included in:    
Net investment income (loss) 0 0
Investment gains (losses), net 0 0
Net derivative gains (losses) 440,000,000 490,000,000
Subtotal 440,000,000 490,000,000
Other comprehensive income (loss) 0 0
Purchases (82,000,000) (78,000,000)
Sales 2,000,000 1,000,000
Settlements 0 0
Activity related to consolidated VIEs 0 0
Transfers into level 3 0 0
Transfers out of Level 3 0 0
Closing Balance (3,804,000,000) (4,906,000,000)
Level 3 | Contingent Payment Arrangement    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Opening Balance 11,000,000 18,000,000
Total gains (losses), realized and unrealized, included in:    
Net investment income (loss) 0 0
Investment gains (losses), net 0 0
Net derivative gains (losses) 0 0
Subtotal 0 0
Other comprehensive income (loss) 0 0
Purchases 0 0
Sales 0 0
Settlements 0 (1,000,000)
Activity related to consolidated VIEs 0 0
Transfers into level 3 0 0
Transfers out of Level 3 0 0
Closing Balance $ 11,000,000 $ 17,000,000