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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, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
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 maturity securities | Foreign currency forwards        
Derivative Instruments, Gain (Loss) [Line Items]        
Total gains (losses) recognized for derivatives $ (215)   $ 199  
Gains (losses) on derivatives excluded from effectiveness testing (30)   (69)  
Gains (losses) on derivatives included in effectiveness testing (185)   268  
Gains (losses) recognized for hedged items 186   (278)  
Ineffectiveness recognized for fair value hedge 1   (10)  
Fixed maturity securities | Foreign currency options        
Derivative Instruments, Gain (Loss) [Line Items]        
Total gains (losses) recognized for derivatives (2) (7) (3) 17
Gains (losses) on derivatives excluded from effectiveness testing (2) (7) (3) 6
Gains (losses) on derivatives included in effectiveness testing 0 0 0 11
Gains (losses) recognized for hedged items 0 0 0 (10)
Ineffectiveness recognized for fair value hedge $ 0 $ 0 $ 0 $ 1