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DERIVATIVE INSTRUMENTS - Derivatives and Hedging Instruments Gain (Loss) Summary (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Derivative Instruments, Gain (Loss) [Line Items]      
Unrealized foreign currency translation gains (losses) during period $ 360 $ (1,455) $ (1,588)
Derivative and other gains (losses) (10) 31 326
Derivative and non-derivative hedging instruments gain loss recognized in other comprehensive income effective portion before tax [1] 7 108 69
Cash flow hedges      
Derivative Instruments, Gain (Loss) [Line Items]      
Net Realized Investment Gains (Losses) Recognized in Income on Derivative (Ineffective Portion) 0 (2) (2)
Gain (Loss) Recognized in Other Comprehensive Income on Derivative (Effective Portion) [1] 0 (17) (10)
Cash flow hedges | Foreign currency swaps      
Derivative Instruments, Gain (Loss) [Line Items]      
Net Realized Investment Gains (Losses) Recognized in Income on Derivative (Ineffective Portion) 0 (2) (2)
Gain (Loss) Recognized in Other Comprehensive Income on Derivative (Effective Portion) [1] 0 (17) (10)
Fair value hedges      
Derivative Instruments, Gain (Loss) [Line Items]      
Net Realized Investment Gains (Losses) Recognized in Income on Derivative (Ineffective Portion) (131) (21) (18)
Gain (Loss) Recognized in Other Comprehensive Income on Derivative (Effective Portion) [1] 0 0 0
Fair value hedges | Foreign currency forwards      
Derivative Instruments, Gain (Loss) [Line Items]      
Net Realized Investment Gains (Losses) Recognized in Income on Derivative (Ineffective Portion) [2] (138) (16) (35)
Gain (Loss) Recognized in Other Comprehensive Income on Derivative (Effective Portion) [1],[2] 0 0 0
Fair value hedges | Foreign currency options      
Derivative Instruments, Gain (Loss) [Line Items]      
Net Realized Investment Gains (Losses) Recognized in Income on Derivative (Ineffective Portion) [2] 3 (3) 0
Gain (Loss) Recognized in Other Comprehensive Income on Derivative (Effective Portion) [1],[2] 0 0 0
Fair value hedges | Interest rate swaptions      
Derivative Instruments, Gain (Loss) [Line Items]      
Net Realized Investment Gains (Losses) Recognized in Income on Derivative (Ineffective Portion) [2] 4 (2) 17
Gain (Loss) Recognized in Other Comprehensive Income on Derivative (Effective Portion) [1],[2] 0 0 0
Net investment hedge      
Derivative Instruments, Gain (Loss) [Line Items]      
Net Realized Investment Gains (Losses) Recognized in Income on Derivative (Ineffective Portion) 0 0 0
Unrealized foreign currency translation gains (losses) during period [1] 7 125 79
Net investment hedge | Foreign currency swaps      
Derivative Instruments, Gain (Loss) [Line Items]      
Net Realized Investment Gains (Losses) Recognized in Income on Derivative (Ineffective Portion) 0 0 0
Unrealized foreign currency translation gains (losses) during period [1] 0 0 (104)
Net investment hedge | Foreign currency forwards      
Derivative Instruments, Gain (Loss) [Line Items]      
Net Realized Investment Gains (Losses) Recognized in Income on Derivative (Ineffective Portion) 0 0 0
Unrealized foreign currency translation gains (losses) during period [1] 4 89 24
Net investment hedge | Foreign currency options      
Derivative Instruments, Gain (Loss) [Line Items]      
Net Realized Investment Gains (Losses) Recognized in Income on Derivative (Ineffective Portion) 0 0 0
Unrealized foreign currency translation gains (losses) during period [1] 0 (3) 4
Net investment hedge | Non-derivative hedging instruments      
Derivative Instruments, Gain (Loss) [Line Items]      
Net Realized Investment Gains (Losses) Recognized in Income on Derivative (Ineffective Portion) 0 0 0
Unrealized foreign currency translation gains (losses) during period [1] 3 39 155
Non-qualifying strategies      
Derivative Instruments, Gain (Loss) [Line Items]      
Derivative Instrument, Gain (Loss) Recognized in Income, Net 121 54 346
Gain (Loss) Recognized in Other Comprehensive Income on Derivative (Effective Portion) [1] 0 0 0
Non-qualifying strategies | Foreign currency swaps      
Derivative Instruments, Gain (Loss) [Line Items]      
Derivative Instrument, Gain (Loss) Recognized in Income, Net 16 151 346
Gain (Loss) Recognized in Other Comprehensive Income on Derivative (Effective Portion) [1] 0 0 0
Non-qualifying strategies | Foreign currency forwards      
Derivative Instruments, Gain (Loss) [Line Items]      
Derivative Instrument, Gain (Loss) Recognized in Income, Net 100 (11) 0
Gain (Loss) Recognized in Other Comprehensive Income on Derivative (Effective Portion) [1] 0 0 0
Non-qualifying strategies | Foreign currency options      
Derivative Instruments, Gain (Loss) [Line Items]      
Derivative Instrument, Gain (Loss) Recognized in Income, Net 0 0 11
Gain (Loss) Recognized in Other Comprehensive Income on Derivative (Effective Portion) [1] 0 0 0
Non-qualifying strategies | Interest rate swaptions      
Derivative Instruments, Gain (Loss) [Line Items]      
Derivative Instrument, Gain (Loss) Recognized in Income, Net 0 1 (29)
Gain (Loss) Recognized in Other Comprehensive Income on Derivative (Effective Portion) [1] 0 0 0
Non-qualifying strategies | Interest rate swaps      
Derivative Instruments, Gain (Loss) [Line Items]      
Derivative Instrument, Gain (Loss) Recognized in Income, Net 5 (1) (8)
Gain (Loss) Recognized in Other Comprehensive Income on Derivative (Effective Portion) [1] 0 0 0
Non-qualifying strategies | Credit default swaps      
Derivative Instruments, Gain (Loss) [Line Items]      
Derivative Instrument, Gain (Loss) Recognized in Income, Net 1 3 31
Gain (Loss) Recognized in Other Comprehensive Income on Derivative (Effective Portion) [1] 0 0 0
Non-qualifying strategies | Futures      
Derivative Instruments, Gain (Loss) [Line Items]      
Derivative Instrument, Gain (Loss) Recognized in Income, Net (1) (89) (5)
Gain (Loss) Recognized in Other Comprehensive Income on Derivative (Effective Portion) [1] $ 0 $ 0 $ 0
[1] Cash flow hedge items are recorded as unrealized gains (losses) on derivatives and net investment hedge items are recorded in the unrealized foreign currency translation gains (losses) line in the consolidated statement of comprehensive income (loss).
[2] Impact shown net of effect of hedged items (see Fair Value Hedges section of this Note 4 for further detail)