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INVESTMENTS - Overview (Details) - USD ($)
$ in Millions
1 Months Ended 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Mar. 31, 2022
Dec. 31, 2021
Mar. 31, 2021
Dec. 31, 2020
Investment Holdings                  
Total investments $ 513,878 $ 513,878   $ 513,878     $ 512,822    
Interest and dividends on investments                  
Taxable interest   2,274 $ 1,723 4,287 $ 3,375        
Interest exempt from U.S. federal income tax   38 57 43 123        
Dividend income   58 38 90 72        
Total interest and dividend income on investments   2,370 1,818 4,420 3,570        
Gross realized investments losses, excluding losses from other-than-temporary impairment                  
Gross realized investment gains   27 155 180 615        
Gross realized investment losses   (85) (18) (158) (77)        
Net realized gains (losses) on sales of investments   (58) 137 22 538        
Debt securities AFS                  
Allowance for credit losses 6 6 $ 5 6 5 $ 8 8 $ 5 $ 5
Fair value 238,499 238,499   238,499     288,522    
Transfer of investment securities from AFS to HTM [1],[2]       21,522 $ 0        
Debt securities available-for-sale (AFS)                  
Investment Holdings                  
Total investments 238,499 238,499   238,499     288,522    
Debt securities held-to-maturity (HTM)                  
Investment Holdings                  
Total investments 267,592 267,592   267,592     216,963    
Non-marketable securities measured using measurement alternative                  
Investment Holdings                  
Total investments 1,670 1,670   1,670     1,413    
Mortgage-backed securities - U.S. government-sponsored agency guaranteed                  
Debt securities AFS                  
Amortized cost 12,982 12,982   12,982     33,064    
Gross unrealized gains 25 25   25     453    
Gross unrealized losses 492 492   492     301    
Allowance for credit losses 0 0   0     0    
Fair value 12,515 12,515   12,515     33,216    
Transfer of investment securities from AFS to HTM 21,500                
Securities transferred from AFS to HTM, unrealized loss position 2,300 2,300   2,300          
Mortgage-backed securities - Non-U.S. residential                  
Debt securities AFS                  
Amortized cost 281 281   281     380    
Gross unrealized gains 0 0   0     1    
Gross unrealized losses 3 3   3     1    
Allowance for credit losses 0 0   0     0    
Fair value 278 278   278     380    
Commercial                  
Debt securities AFS                  
Amortized cost 7 7   7     25    
Gross unrealized gains 0 0   0     0    
Gross unrealized losses 0 0   0     0    
Allowance for credit losses 0 0   0     0    
Fair value 7 7   7     25    
Mortgage-backed securities                  
Debt securities AFS                  
Amortized cost 13,270 13,270   13,270     33,469    
Gross unrealized gains 25 25   25     454    
Gross unrealized losses 495 495   495     302    
Allowance for credit losses 0 0   0     0    
Fair value 12,800 12,800   12,800     33,621    
U.S. Treasury                  
Debt securities AFS                  
Amortized cost 94,740 94,740   94,740     122,669    
Gross unrealized gains 42 42   42     615    
Gross unrealized losses 2,918 2,918   2,918     844    
Allowance for credit losses 0 0   0     0    
Fair value 91,864 91,864   91,864     122,440    
Agency obligations                  
Debt securities AFS                  
Amortized cost 0 0   0     0    
Gross unrealized gains 0 0   0     0    
Gross unrealized losses 0 0   0     0    
Allowance for credit losses 0 0   0     0    
Fair value 0 0   0     0    
U.S. Treasury and federal agency securities                  
Debt securities AFS                  
Amortized cost 94,740 94,740   94,740     122,669    
Gross unrealized gains 42 42   42     615    
Gross unrealized losses 2,918 2,918   2,918     844    
Allowance for credit losses 0 0   0     0    
Fair value 91,864 91,864   91,864     122,440    
State and municipal                  
Debt securities AFS                  
Amortized cost 2,677 2,677   2,677     2,643    
Gross unrealized gains 16 16   16     79    
Gross unrealized losses 201 201   201     101    
Allowance for credit losses 0 0   0     0    
Fair value 2,492 2,492   2,492     2,621    
Foreign government                  
Debt securities AFS                  
Amortized cost 122,184 122,184   122,184     119,426    
Gross unrealized gains 424 424   424     337    
Gross unrealized losses 2,922 2,922   2,922     1,023    
Allowance for credit losses 0 0   0     0    
Fair value 119,686 119,686   119,686     118,740    
Corporate                  
Debt securities AFS                  
Amortized cost 6,646 6,646   6,646     5,972    
Gross unrealized gains 19 19   19     33    
Gross unrealized losses 214 214   214     77    
Allowance for credit losses 6 6   6     8    
Fair value 6,445 6,445   6,445     5,920    
Asset-backed securities                  
Debt securities AFS                  
Amortized cost 275 275   275     304    
Gross unrealized gains 2 2   2     0    
Gross unrealized losses 1 1   1     1    
Allowance for credit losses 0 0   0     0    
Fair value 276 276   276     303    
Other debt securities                  
Debt securities AFS                  
Amortized cost 4,948 4,948   4,948     4,880    
Gross unrealized gains 0 0   0     1    
Gross unrealized losses 12 12   12     4    
Allowance for credit losses 0 0   0     0    
Fair value 4,936 4,936   4,936     4,877    
Debt securities AFS                  
Debt securities AFS                  
Amortized cost 244,740 244,740   244,740     289,363    
Gross unrealized gains 528 528   528     1,519    
Gross unrealized losses 6,763 6,763   6,763     2,352    
Allowance for credit losses 6 6   6     8    
Fair value 238,499 238,499   238,499     288,522    
Fair value | Marketable equity securities carried at fair value                  
Investment Holdings                  
Total investments 588 588   588     543    
Fair value | Non-marketable equity securities                  
Investment Holdings                  
Total investments 458 458   458     489    
Carried at cost | Non-marketable equity securities                  
Investment Holdings                  
Total investments $ 5,071 $ 5,071   $ 5,071     $ 4,892    
[1] Operating and finance lease right-of-use assets and lease liabilities represent non-cash investing and financing activities, respectively, and are not included in the non-cash investing activities presented here. See Note 22 for more information and balances as of June 30, 2022.
[2] See Note 2 for further information on significant disposals.