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FAIR VALUE DISCLOSURES - LEVEL 3 UNOBSERVABLE INPUT RECONCILIATION (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Total gains (losses), realized and unrealized, included in:        
Settlements     $ 0  
Transfers into level 3     65,000,000 $ 13,000,000
Transfers out of Level 3     (28,000,000) (6,000,000)
Level 3 | Corporate        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Opening Balance $ 1,229,000,000 $ 1,014,000,000 1,139,000,000 845,000,000
Total gains (losses), realized and unrealized, included in:        
Net investment income (loss) 3,000,000 3,000,000 5,000,000 4,000,000
Investment gains (losses), net 0 0 0 0
Subtotal 3,000,000 3,000,000 5,000,000 4,000,000
Other comprehensive income (loss) 6,000,000 (51,000,000) (14,000,000) (6,000,000)
Purchases 27,000,000 169,000,000 200,000,000 322,000,000
Sales (99,000,000) (39,000,000) (215,000,000) 105,000,000
Settlements 0   0  
Transfers into level 3 (2,000,000) 6,000,000 65,000,000 13,000,000
Transfers out of Level 3 (12,000,000) (34,000,000) 28,000,000 5,000,000
Closing Balance 1,152,000,000 1,068,000,000 1,152,000,000 1,068,000,000
Level 3 | State and Political Sub- divisions        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Opening Balance 39,000,000 42,000,000 40,000,000 42,000,000
Total gains (losses), realized and unrealized, included in:        
Net investment income (loss) 0 0 0 0
Investment gains (losses), net 0 0 0 0
Subtotal 0 0 0 0
Other comprehensive income (loss) 0 0 (1,000,000) 0
Purchases 0 0 0 0
Sales (1,000,000) 0 (1,000,000) 0
Settlements 0   0  
Transfers into level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Closing Balance 38,000,000 42,000,000 38,000,000 42,000,000
Level 3 | Commercial Mortgage- backed        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Opening Balance 0 324,000,000 0 349,000,000
Total gains (losses), realized and unrealized, included in:        
Net investment income (loss) 0 1,000,000 0 1,000,000
Investment gains (losses), net 0 (9,000,000) 0 (20,000,000)
Subtotal 0 (8,000,000) 0 (19,000,000)
Other comprehensive income (loss) 0 7,000,000 0 19,000,000
Purchases 0 0 0 0
Sales 0 (33,000,000) 0 59,000,000
Settlements 0   0  
Transfers into level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Closing Balance 0 290,000,000 0 290,000,000
Level 3 | Asset- backed        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Opening Balance 7,000,000 31,000,000 8,000,000 24,000,000
Total gains (losses), realized and unrealized, included in:        
Net investment income (loss) 0 0 0 0
Investment gains (losses), net 0 15,000,000 0 15,000,000
Subtotal 0 15,000,000 0 15,000,000
Other comprehensive income (loss) (1,000,000) (11,000,000) (1,000,000) (7,000,000)
Purchases 533,000,000 0 533,000,000 0
Sales (1,000,000) (18,000,000) (2,000,000) 19,000,000
Settlements 0      
Transfers into level 3 0 0 0 0
Transfers out of Level 3 0 (5,000,000) 0 1,000,000
Closing Balance 538,000,000 12,000,000 538,000,000 12,000,000
Level 3 | Redeemable Preferred Stock        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Opening Balance 0 1,000,000 0 1,000,000
Total gains (losses), realized and unrealized, included in:        
Net investment income (loss) 0 0 0 0
Investment gains (losses), net 0 0 0 0
Net derivative gains (losses) 0 0 0 0
Subtotal 0 0 0 0
Other comprehensive income (loss) 0 0 0 0
Purchases 0 0 0 0
Sales 0 0 0 0
Settlements 0 0 0 0
Activity related to consolidated VIEs 0 0 0 0
Transfers into level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Closing Balance 0 1,000,000 0 1,000,000
Level 3 | Other Equity Investments        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Opening Balance 38,000,000 55,000,000 28,000,000 51,000,000
Total gains (losses), realized and unrealized, included in:        
Net investment income (loss) 0 0 0 0
Investment gains (losses), net (1,000,000) 0 (1,000,000) 0
Net derivative gains (losses) 0 0 0 0
Subtotal (1,000,000) 0 (1,000,000) 0
Other comprehensive income (loss) 0 0 0 0
Purchases 2,000,000 0 6,000,000 4,000,000
Sales (2,000,000) 0 (2,000,000) (1,000,000)
Settlements 0 0 0 0
Activity related to consolidated VIEs (3,000,000) (7,000,000) (2,000,000) (7,000,000)
Transfers into level 3 0 0 5,000,000 1,000,000
Transfers out of Level 3 (5,000,000) 0 (5,000,000) 0
Closing Balance 29,000,000 48,000,000 29,000,000 48,000,000
Level 3 | GMIB Reinsurance Asset        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Opening Balance 9,673,000,000 9,797,000,000 10,488,000,000 10,314,000,000
Total gains (losses), realized and unrealized, included in:        
Net investment income (loss) 0 0 0 0
Investment gains (losses), net 0 0 0 0
Net derivative gains (losses) (382,000,000) 1,426,000,000 (1,224,000,000) 893,000,000
Subtotal (382,000,000) 1,426,000,000 (1,224,000,000) 893,000,000
Other comprehensive income (loss) 0 0 0 0
Purchases 18,000,000 73,000,000 72,000,000 110,000,000
Sales (21,000,000) (36,000,000) (48,000,000) (57,000,000)
Settlements (7,463,000,000) 0 (7,463,000,000) 0
Activity related to consolidated VIEs 0 0 0 0
Transfers into level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Closing Balance 1,825,000,000 11,260,000,000 1,825,000,000 11,260,000,000
Level 3 | Separate Accounts Assets        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Opening Balance 357,000,000 325,000,000 349,000,000 313,000,000
Total gains (losses), realized and unrealized, included in:        
Net investment income (loss) 0 0 18,000,000
Investment gains (losses), net 7,000,000 8,000,000 14,000,000 0
Net derivative gains (losses) 0 0 0 0
Subtotal 7,000,000 8,000,000 14,000,000 18,000,000
Other comprehensive income (loss) 0 0 0 0
Purchases (1,000,000) 2,000,000 2,000,000 6,000,000
Sales 0 (1,000,000) (1,000,000) (2,000,000)
Settlements (2,000,000) (1,000,000) (3,000,000) (2,000,000)
Activity related to consolidated VIEs 0 0 0 0
Transfers into level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Closing Balance 361,000,000 333,000,000 361,000,000 333,000,000
Level 3 | GMxB Derivative Features Liability        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Opening Balance (3,804,000,000) (4,906,000,000) (4,164,000,000) (5,319,000,000)
Total gains (losses), realized and unrealized, included in:        
Net investment income (loss) 0 0 0 0
Investment gains (losses), net 0 0 0 0
Net derivative gains (losses) 407,000,000 231,000,000 847,000,000 721,000,000
Subtotal 407,000,000 231,000,000 847,000,000 721,000,000
Other comprehensive income (loss) 0 0 0 0
Purchases (104,000,000) (80,000,000) (186,000,000) (158,000,000)
Sales 1,000,000 0 3,000,000 1,000,000
Settlements 0 0 0 0
Activity related to consolidated VIEs 0 0 0 0
Transfers into level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Closing Balance (3,500,000,000) (4,755,000,000) (3,500,000,000) (4,755,000,000)
Level 3 | Contingent Payment Arrangement        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Opening Balance (11,000,000) (17,000,000) (11,000,000) (18,000,000)
Total gains (losses), realized and unrealized, included in:        
Net investment income (loss) 0 0 0 0
Investment gains (losses), net 0 0 0 0
Net derivative gains (losses) 0 0 0 0
Subtotal 0 0 0 0
Other comprehensive income (loss) 0 0 0 0
Purchases 0 0 0 0
Sales 0 0 0 0
Settlements 0 0 0 1,000,000
Activity related to consolidated VIEs 0 0 0 0
Transfers into level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Closing Balance $ (11,000,000) $ (17,000,000) $ (11,000,000) $ (17,000,000)