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DERIVATIVE INSTRUMENTS - Gains (Losses) Recognized on Fair Value Hedging Relationships (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Fixed-maturity securities and equity securities | Foreign currency forwards        
Derivative Instruments, Gain (Loss) [Line Items]        
Total gains (losses) recognized for derivatives $ (34)   $ 307  
Gains (losses) on derivatives excluded from effectiveness testing (50)   (98)  
Gains (losses) on derivatives included in effectiveness testing 16   405  
Gains (losses) recognized for hedged items (15)   (387)  
Ineffectiveness recognized for fair value hedge 1   18  
Fixed maturities | Foreign currency forwards        
Derivative Instruments, Gain (Loss) [Line Items]        
Total gains (losses) recognized for derivatives   $ 1,156   $ 2,013
Gains (losses) on derivatives excluded from effectiveness testing   (48)   (92)
Gains (losses) on derivatives included in effectiveness testing   1,204   2,105
Gains (losses) recognized for hedged items   (1,236)   (2,118)
Ineffectiveness recognized for fair value hedge   (32)   (13)
Fixed maturities | Foreign currency options        
Derivative Instruments, Gain (Loss) [Line Items]        
Total gains (losses) recognized for derivatives (7) 7 17 6
Gains (losses) on derivatives excluded from effectiveness testing (7) 7 6 6
Gains (losses) on derivatives included in effectiveness testing 0 0 11 0
Gains (losses) recognized for hedged items 0 0 (10) 0
Ineffectiveness recognized for fair value hedge $ 0 $ 0 $ 1 $ 0