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FAIR VALUE OF FINANCIAL INSTRUMENTS - Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Assets:    
Fixed maturity securities - AFS $ 67,710 $ 70,119
Fixed maturity securities - trading 2,833 2,958
Total fixed maturity securities 69,859 72,595
Equity securities 741 667
Other long-term investments 1,624 1,636
Short-term investments 661 462
Assets related to separate accounts    
Variable annuity 12,699 12,378
Variable universal life 1,646 1,287
Fixed maturities    
Assets:    
Fixed maturity securities - AFS 67,158 69,733
Fixed maturity securities - trading 2,701 2,862
Residential mortgage-backed securities    
Assets:    
Fixed maturity securities - AFS 6,903 6,668
Fixed maturity securities - trading 181 209
Commercial mortgage-backed securities    
Assets:    
Fixed maturity securities - AFS 2,425 2,534
Fixed maturity securities - trading 213 214
Other asset-backed securities    
Assets:    
Fixed maturity securities - AFS 1,536 1,578
Fixed maturity securities - trading 175 163
States, municipals, and political subdivisions    
Assets:    
Fixed maturity securities - AFS 4,119 4,420
Fixed maturity securities - trading 282 282
Other government-related securities    
Assets:    
Fixed maturity securities - AFS 642 717
Fixed maturity securities - trading 32 30
Corporate securities    
Assets:    
Fixed maturity securities - AFS 50,357 52,107
Fixed maturity securities - trading 1,772 1,860
Level 3 | Commercial mortgage-backed securities    
Assets:    
Total investments 32 32
Level 3 | Other asset-backed securities    
Assets:    
Total investments 440 435
Level 3 | Corporate securities    
Assets:    
Total investments 1,406 1,432
Measured at fair value on a recurring basis    
Assets:    
Total fixed maturity securities 69,859 72,595
Equity securities 741 667
Other long-term investments 1,624 1,636
Short-term investments 661 462
Total investments 72,885 75,360
Cash 565 656
Assets related to separate accounts    
Variable annuity 12,699 12,378
Variable universal life 1,646 1,287
Total assets measured at fair value on a recurring basis 87,795 89,681
Liabilities:    
Annuity account balances 66 67
Other liabilities 2,651 3,119
Total liabilities measured at fair value on a recurring basis 2,717 3,186
Measured at fair value on a recurring basis | Fixed maturities    
Assets:    
Fixed maturity securities - AFS 67,158 69,733
Fixed maturity securities - trading 2,701 2,862
Measured at fair value on a recurring basis | Residential mortgage-backed securities    
Assets:    
Fixed maturity securities - AFS 6,903 6,668
Fixed maturity securities - trading 181 209
Measured at fair value on a recurring basis | Commercial mortgage-backed securities    
Assets:    
Fixed maturity securities - AFS 2,425 2,534
Fixed maturity securities - trading 213 214
Measured at fair value on a recurring basis | Other asset-backed securities    
Assets:    
Fixed maturity securities - AFS 1,536 1,578
Fixed maturity securities - trading 175 163
Measured at fair value on a recurring basis | U.S. government-related securities    
Assets:    
Fixed maturity securities - AFS 960 1,515
Fixed maturity securities - trading 35 91
Measured at fair value on a recurring basis | States, municipals, and political subdivisions    
Assets:    
Fixed maturity securities - AFS 4,119 4,420
Fixed maturity securities - trading 282 282
Measured at fair value on a recurring basis | Other government-related securities    
Assets:    
Fixed maturity securities - AFS 642 717
Fixed maturity securities - trading 32 30
Measured at fair value on a recurring basis | Corporate securities    
Assets:    
Fixed maturity securities - AFS 50,357 52,107
Fixed maturity securities - trading 1,772 1,860
Measured at fair value on a recurring basis | Redeemable preferred stocks    
Assets:    
Fixed maturity securities - AFS 216 194
Fixed maturity securities - trading 11 13
Measured at fair value on a recurring basis | Level 1    
Assets:    
Total fixed maturity securities 672 1,232
Equity securities 618 566
Other long-term investments 64 52
Short-term investments 484 403
Total investments 1,838 2,253
Cash 565 656
Assets related to separate accounts    
Variable annuity 12,699 12,378
Variable universal life 1,646 1,287
Total assets measured at fair value on a recurring basis 16,748 16,574
Liabilities:    
Annuity account balances 0 0
Other liabilities 26 14
Total liabilities measured at fair value on a recurring basis 26 14
Measured at fair value on a recurring basis | Level 1 | Fixed maturities    
Assets:    
Fixed maturity securities - AFS 633 1,140
Fixed maturity securities - trading 39 92
Measured at fair value on a recurring basis | Level 1 | Residential mortgage-backed securities    
Assets:    
Fixed maturity securities - AFS 0 0
Fixed maturity securities - trading 0 0
Measured at fair value on a recurring basis | Level 1 | Commercial mortgage-backed securities    
Assets:    
Fixed maturity securities - AFS 0 0
Fixed maturity securities - trading 0 0
Measured at fair value on a recurring basis | Level 1 | Other asset-backed securities    
Assets:    
Fixed maturity securities - AFS 0 0
Fixed maturity securities - trading 0 0
Measured at fair value on a recurring basis | Level 1 | U.S. government-related securities    
Assets:    
Fixed maturity securities - AFS 483 1,015
Fixed maturity securities - trading 28 79
Measured at fair value on a recurring basis | Level 1 | States, municipals, and political subdivisions    
Assets:    
Fixed maturity securities - AFS 0 0
Fixed maturity securities - trading 0 0
Measured at fair value on a recurring basis | Level 1 | Other government-related securities    
Assets:    
Fixed maturity securities - AFS 0 0
Fixed maturity securities - trading 0 0
Measured at fair value on a recurring basis | Level 1 | Corporate securities    
Assets:    
Fixed maturity securities - AFS 0 0
Fixed maturity securities - trading 0 0
Measured at fair value on a recurring basis | Level 1 | Redeemable preferred stocks    
Assets:    
Fixed maturity securities - AFS 150 125
Fixed maturity securities - trading 11 13
Measured at fair value on a recurring basis | Level 2    
Assets:    
Total fixed maturity securities 67,181 69,375
Equity securities 0
Other long-term investments 1,271 1,285
Short-term investments 177 59
Total investments 68,629 70,719
Cash 0 0
Assets related to separate accounts    
Variable annuity 0 0
Variable universal life 0 0
Total assets measured at fair value on a recurring basis 68,629 70,719
Liabilities:    
Annuity account balances 0 0
Other liabilities 939 867
Total liabilities measured at fair value on a recurring basis 939 867
Measured at fair value on a recurring basis | Level 2 | Fixed maturities    
Assets:    
Fixed maturity securities - AFS 64,647 66,694
Fixed maturity securities - trading 2,534 2,681
Measured at fair value on a recurring basis | Level 2 | Residential mortgage-backed securities    
Assets:    
Fixed maturity securities - AFS 6,903 6,668
Fixed maturity securities - trading 181 209
Measured at fair value on a recurring basis | Level 2 | Commercial mortgage-backed securities    
Assets:    
Fixed maturity securities - AFS 2,393 2,502
Fixed maturity securities - trading 213 214
Measured at fair value on a recurring basis | Level 2 | Other asset-backed securities    
Assets:    
Fixed maturity securities - AFS 1,096 1,143
Fixed maturity securities - trading 74 91
Measured at fair value on a recurring basis | Level 2 | U.S. government-related securities    
Assets:    
Fixed maturity securities - AFS 477 500
Fixed maturity securities - trading 7 12
Measured at fair value on a recurring basis | Level 2 | States, municipals, and political subdivisions    
Assets:    
Fixed maturity securities - AFS 4,119 4,420
Fixed maturity securities - trading 282 282
Measured at fair value on a recurring basis | Level 2 | Other government-related securities    
Assets:    
Fixed maturity securities - AFS 642 717
Fixed maturity securities - trading 16 30
Measured at fair value on a recurring basis | Level 2 | Corporate securities    
Assets:    
Fixed maturity securities - AFS 48,951 50,675
Fixed maturity securities - trading 1,761 1,843
Measured at fair value on a recurring basis | Level 2 | Redeemable preferred stocks    
Assets:    
Fixed maturity securities - AFS 66 69
Fixed maturity securities - trading 0 0
Measured at fair value on a recurring basis | Level 3    
Assets:    
Total fixed maturity securities 2,006 1,988
Equity securities 123 101
Other long-term investments 289 299
Short-term investments 0 0
Total investments 2,418 2,388
Cash 0 0
Assets related to separate accounts    
Variable annuity 0 0
Variable universal life 0 0
Total assets measured at fair value on a recurring basis 2,418 2,388
Liabilities:    
Annuity account balances 66 67
Other liabilities 1,686 2,238
Total liabilities measured at fair value on a recurring basis 1,752 2,305
Measured at fair value on a recurring basis | Level 3 | Fixed maturities    
Assets:    
Fixed maturity securities - AFS 1,878 1,899
Fixed maturity securities - trading 128 89
Measured at fair value on a recurring basis | Level 3 | Residential mortgage-backed securities    
Assets:    
Fixed maturity securities - AFS 0 0
Fixed maturity securities - trading 0 0
Measured at fair value on a recurring basis | Level 3 | Commercial mortgage-backed securities    
Assets:    
Fixed maturity securities - AFS 32 32
Fixed maturity securities - trading 0 0
Measured at fair value on a recurring basis | Level 3 | Other asset-backed securities    
Assets:    
Fixed maturity securities - AFS 440 435
Fixed maturity securities - trading 101 72
Measured at fair value on a recurring basis | Level 3 | U.S. government-related securities    
Assets:    
Fixed maturity securities - AFS 0 0
Fixed maturity securities - trading 0 0
Measured at fair value on a recurring basis | Level 3 | States, municipals, and political subdivisions    
Assets:    
Fixed maturity securities - AFS 0 0
Fixed maturity securities - trading 0 0
Measured at fair value on a recurring basis | Level 3 | Other government-related securities    
Assets:    
Fixed maturity securities - AFS 0 0
Fixed maturity securities - trading 16 0
Measured at fair value on a recurring basis | Level 3 | Corporate securities    
Assets:    
Fixed maturity securities - AFS 1,406 1,432
Fixed maturity securities - trading 11 17
Measured at fair value on a recurring basis | Level 3 | Redeemable preferred stocks    
Assets:    
Fixed maturity securities - AFS 0 0
Fixed maturity securities - trading $ 0 $ 0