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DAC AND POLICYHOLDER BONUS INTEREST CREDITS - Rollforward of DAC Costs (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]      
Balance, beginning of year $ 5,011 $ 4,492 $ 5,025
Capitalization of commissions, sales and issue expenses 648 597 578
Amortization:      
Impact of assumptions updates and model changes 77 165 (247)
All other (529) (596) (653)
Amortization (452) (431) (900)
Change in unrealized investment gains (losses) (870) 353 (211)
Balance, End of Year $ 4,337 $ 5,011 $ 4,492