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FAIR VALUE MEASUREMENTS - Fair Value Inputs Assets Quantitative Information (Details) - USD ($)
$ / shares in Units, $ in Millions
6 Months Ended 12 Months Ended
Jun. 30, 2017
Dec. 31, 2016
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities $ 83,003 $ 76,702
Asset derivatives 543 1,207
Assets, fair value $ 87,948 $ 83,044
Length of Volatility of Japanese Yen to US Dollar Exchange Rate 10 years 10 years
Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities $ 357 $ 242
Asset derivatives 142 127
Assets, fair value 499 369
Fixed maturities    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 79,757 73,760
Fixed maturities | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 343 239
Perpetual securities    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 1,843 1,633
Perpetual securities | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 0 0
Equity securities    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 1,403 1,309
Equity securities | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 14 3
Equity securities | Net asset value valuation technique    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 14 3
Equity securities | Net asset value valuation technique | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities $ 14 $ 3
Equity securities | Assets | Lower Limit | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair Value Inputs, Offered Quotes $ 1 $ 1
Equity securities | Assets | Upper Limit | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair Value Inputs, Offered Quotes 729 701
Equity securities | Assets | Weighted Average | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair Value Inputs, Offered Quotes $ 6 $ 8
Mortgage- and asset-backed securities | Fixed maturities    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities $ 480 $ 1,337
Mortgage- and asset-backed securities | Fixed maturities | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 188 198
Mortgage- and asset-backed securities | Fixed maturities | Consensus pricing valuation technique    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 188 198
Mortgage- and asset-backed securities | Fixed maturities | Consensus pricing valuation technique | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 188 198
Public utilities | Fixed maturities    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 8,004 7,683
Public utilities | Fixed maturities | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 53 16
Public utilities | Fixed maturities | Discounted cash flow valuation technique    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 53 16
Public utilities | Fixed maturities | Discounted cash flow valuation technique | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 53 16
Banks/financial institutions | Fixed maturities    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 6,796 6,063
Banks/financial institutions | Fixed maturities | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 25 25
Banks/financial institutions | Fixed maturities | Consensus pricing valuation technique    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 25 25
Banks/financial institutions | Fixed maturities | Consensus pricing valuation technique | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 25 25
Banks/financial institutions | Perpetual securities    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 1,615 1,420
Banks/financial institutions | Perpetual securities | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 0 0
Other corporate | Fixed maturities    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 31,030 29,699
Other corporate | Fixed maturities | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 77 0
Other corporate | Fixed maturities | Discounted cash flow valuation technique    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 77  
Other corporate | Fixed maturities | Discounted cash flow valuation technique | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 77  
Other corporate | Perpetual securities    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 228 213
Other corporate | Perpetual securities | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 0 0
Foreign currency swaps    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Asset derivatives 307 490
Foreign currency swaps | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Asset derivatives 140 125
Credit default swaps    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Asset derivatives 2 2
Credit default swaps | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Asset derivatives 2 2
Fair Value, Unobservable Input, Interest Rates (USD), Interest Rates (JPY), CDS Spreads and Foreign Exchange Rates | Foreign currency swaps | Discounted cash flow valuation technique | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Asset derivatives $ 25 $ 16
Fair Value, Unobservable Input, Interest Rates (USD), Interest Rates (JPY), CDS Spreads and Foreign Exchange Rates | Foreign currency swaps | Assets | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair Value Inputs, Foreign Exchange Rates [1] 21.15% 21.47%
Fair Value, Unobservable Input, Interest Rates (USD), Interest Rates (JPY), CDS Spreads and Foreign Exchange Rates | Foreign currency swaps | Assets | Lower Limit | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair Value Inputs, Entity Credit Risk 0.07% 0.17%
Fair Value, Unobservable Input, Interest Rates (USD), Interest Rates (JPY), CDS Spreads and Foreign Exchange Rates | Foreign currency swaps | Assets | Upper Limit | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair Value Inputs, Entity Credit Risk 1.28% 1.72%
Fair Value, Unobservable Input, Interest Rates (USD), Interest Rates (JPY), and CDS Spread | Foreign currency swaps | Discounted cash flow valuation technique | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Asset derivatives $ 42 $ 29
Fair Value, Unobservable Input, Interest Rates (USD), Interest Rates (JPY), and CDS Spread | Foreign currency swaps | Assets | Lower Limit | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair Value Inputs, Entity Credit Risk 0.11% 0.16%
Fair Value, Unobservable Input, Interest Rates (USD), Interest Rates (JPY), and CDS Spread | Foreign currency swaps | Assets | Upper Limit | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair Value Inputs, Entity Credit Risk 0.73% 0.88%
Fair Value, Unobservable Input, Interest Rates (USD), Interest Rates (JPY), and Foreign Exchange Rates | Foreign currency swaps | Discounted cash flow valuation technique | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Asset derivatives $ 73 $ 80
Fair Value, Unobservable Input, Interest Rates (USD), Interest Rates (JPY), and Foreign Exchange Rates | Foreign currency swaps | Assets | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair Value Inputs, Foreign Exchange Rates [1] 21.15% 21.47%
Fair Value, Unobservable Input, Base Correlation, CDS Spreads, Recovery Rate | Credit default swaps | Discounted cash flow valuation technique | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Asset derivatives $ 2 $ 2
Fair Value, Unobservable Input, Base Correlation, CDS Spreads, Recovery Rate | Credit default swaps | Assets | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair Value Inputs, Entity Credit Risk 0.19% 0.54%
Fair Value Inputs, Recovery Rate 36.58% 36.69%
Fair Value, Unobservable Input, Base Correlation, CDS Spreads, Recovery Rate | Credit default swaps | Assets | Lower Limit | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair Value Inputs, Base Correlation [2] 54.48% 52.18%
Fair Value, Unobservable Input, Base Correlation, CDS Spreads, Recovery Rate | Credit default swaps | Assets | Upper Limit | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair Value Inputs, Base Correlation [2] 59.52% 56.07%
Dollar-denominated | Fixed maturities    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities $ 37,685 $ 36,611
Dollar-denominated | Equity securities    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 654 604
Dollar-denominated | Mortgage- and asset-backed securities | Fixed maturities    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 188 216
Dollar-denominated | Public utilities | Fixed maturities    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 5,991 5,835
Dollar-denominated | Banks/financial institutions | Fixed maturities    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 3,250 3,061
Dollar-denominated | Banks/financial institutions | Perpetual securities    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 73 75
Dollar-denominated | Other corporate | Fixed maturities    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities $ 26,672 $ 25,887
Dollar-denominated | Fair Value, Unobservable Input, Interest Rates (USD), Interest Rates (JPY), CDS Spreads and Foreign Exchange Rates | Foreign currency swaps | Assets | Lower Limit | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair Value Inputs, Discount Rate [3] 2.30% 2.34%
Dollar-denominated | Fair Value, Unobservable Input, Interest Rates (USD), Interest Rates (JPY), CDS Spreads and Foreign Exchange Rates | Foreign currency swaps | Assets | Upper Limit | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair Value Inputs, Discount Rate [3] 2.58% 2.59%
Dollar-denominated | Fair Value, Unobservable Input, Interest Rates (USD), Interest Rates (JPY), and CDS Spread | Foreign currency swaps | Assets | Lower Limit | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair Value Inputs, Discount Rate [3] 2.30% 2.34%
Dollar-denominated | Fair Value, Unobservable Input, Interest Rates (USD), Interest Rates (JPY), and CDS Spread | Foreign currency swaps | Assets | Upper Limit | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair Value Inputs, Discount Rate [3] 2.58% 2.59%
Dollar-denominated | Fair Value, Unobservable Input, Interest Rates (USD), Interest Rates (JPY), and Foreign Exchange Rates | Foreign currency swaps | Assets | Lower Limit | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair Value Inputs, Discount Rate [3] 2.30% 2.34%
Dollar-denominated | Fair Value, Unobservable Input, Interest Rates (USD), Interest Rates (JPY), and Foreign Exchange Rates | Foreign currency swaps | Assets | Upper Limit | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair Value Inputs, Discount Rate [3] 2.58% 2.59%
Yen-denominated | Fixed maturities    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities $ 42,072 $ 37,149
Yen-denominated | Equity securities    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 749 705
Yen-denominated | Mortgage- and asset-backed securities | Fixed maturities    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 292 1,121
Yen-denominated | Public utilities | Fixed maturities    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 2,013 1,848
Yen-denominated | Banks/financial institutions | Fixed maturities    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 3,546 3,002
Yen-denominated | Banks/financial institutions | Perpetual securities    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 1,542 1,345
Yen-denominated | Other corporate | Fixed maturities    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities 4,358 3,812
Yen-denominated | Other corporate | Perpetual securities    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Available-for-sale Securities $ 228 $ 213
Yen-denominated | Fair Value, Unobservable Input, Interest Rates (USD), Interest Rates (JPY), CDS Spreads and Foreign Exchange Rates | Foreign currency swaps | Assets | Lower Limit | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair Value Inputs, Discount Rate [4] 0.28% 0.22%
Yen-denominated | Fair Value, Unobservable Input, Interest Rates (USD), Interest Rates (JPY), CDS Spreads and Foreign Exchange Rates | Foreign currency swaps | Assets | Upper Limit | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair Value Inputs, Discount Rate [4] 0.85% 0.80%
Yen-denominated | Fair Value, Unobservable Input, Interest Rates (USD), Interest Rates (JPY), and CDS Spread | Foreign currency swaps | Assets | Lower Limit | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair Value Inputs, Discount Rate [4] 0.28% 0.22%
Yen-denominated | Fair Value, Unobservable Input, Interest Rates (USD), Interest Rates (JPY), and CDS Spread | Foreign currency swaps | Assets | Upper Limit | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair Value Inputs, Discount Rate [4] 0.85% 0.80%
Yen-denominated | Fair Value, Unobservable Input, Interest Rates (USD), Interest Rates (JPY), and Foreign Exchange Rates | Foreign currency swaps | Assets | Lower Limit | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair Value Inputs, Discount Rate [4] 0.28% 0.22%
Yen-denominated | Fair Value, Unobservable Input, Interest Rates (USD), Interest Rates (JPY), and Foreign Exchange Rates | Foreign currency swaps | Assets | Upper Limit | Level 3    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Fair Value Inputs, Discount Rate [4] 0.85% 0.80%
[1] Based on 10 year volatility of JPY/USD exchange rate
[2] Range of base correlation for our bespoke tranche for attachment and detachment points corresponding to market indices.
[3] Inputs derived from U.S. long-term rates to accommodate long maturity nature of our swaps
[4] Inputs derived from Japan long-term rates to accommodate long maturity nature of our swaps