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FAIR VALUE MEASUREMENTS - Fair Value Measurement Inputs and Valuation Techniques (Details)
$ in Millions
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities $ 91,262 $ 82,895
Equity securities 802 987
Asset derivatives 482 417
Liability derivatives 586 387
Assets, fair value 98,070 88,788
Liabilities, fair value 586 387
Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 687 522
Equity securities 80 46
Asset derivatives 169 182
Assets, fair value 936 750
Liabilities, fair value 126 102
Net asset value valuation technique    
Fair Value Measurement Inputs and Valuation Technique    
Equity securities 80 46
Net asset value valuation technique | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Equity securities 80 46
Foreign currency swaps    
Fair Value Measurement Inputs and Valuation Technique    
Asset derivatives 241 285
Liability derivatives 204 234
Foreign currency swaps | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Asset derivatives 169 182
Liability derivatives 126 102
Foreign currency swaps | Fair Value, Unobservable Input, Interest Rates (USD), Interest Rates (JPY), and CDS Spreads | Discounted cash flow technique | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Asset derivatives 106 125
Liability derivatives 118 98
Foreign currency swaps | Fair Value, Unobservable Input, Interest Rates (USD) and Interest Rates (JPY) | Discounted cash flow technique | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Asset derivatives 63 57
Liability derivatives $ 8 $ 4
Foreign currency swaps | Credit Spread | Fair Value, Unobservable Input, Interest Rates (USD), Interest Rates (JPY), and CDS Spreads | Lower Limit | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Derivative asset, measurement input 0.0010 0.0019
Derivative liability, measurement input 0.0013 0.0028
Foreign currency swaps | Credit Spread | Fair Value, Unobservable Input, Interest Rates (USD), Interest Rates (JPY), and CDS Spreads | Upper Limit | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Derivative asset, measurement input 0.0100 0.0120
Derivative liability, measurement input 0.0159 0.0211
Dollar-denominated    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities $ 38,281 $ 33,995
Equity securities $ 144 $ 346
Dollar-denominated | Foreign currency swaps | Discount Rate | Fair Value, Unobservable Input, Interest Rates (USD), Interest Rates (JPY), and CDS Spreads | Lower Limit | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Derivative asset, measurement input [1] 0.0189 0.0275
Derivative liability, measurement input [1] 0.0189 0.0275
Dollar-denominated | Foreign currency swaps | Discount Rate | Fair Value, Unobservable Input, Interest Rates (USD), Interest Rates (JPY), and CDS Spreads | Upper Limit | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Derivative asset, measurement input [1] 0.0209 0.0284
Derivative liability, measurement input [1] 0.0209 0.0284
Dollar-denominated | Foreign currency swaps | Discount Rate | Fair Value, Unobservable Input, Interest Rates (USD) and Interest Rates (JPY) | Lower Limit | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Derivative asset, measurement input [1] 0.0189 0.0275
Derivative liability, measurement input [1] 0.0189 0.0275
Dollar-denominated | Foreign currency swaps | Discount Rate | Fair Value, Unobservable Input, Interest Rates (USD) and Interest Rates (JPY) | Upper Limit | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Derivative asset, measurement input [1] 0.0209 0.0284
Derivative liability, measurement input [1] 0.0209 0.0284
Yen-denominated    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities $ 52,981 $ 48,900
Equity securities $ 658 $ 641
Yen-denominated | Foreign currency swaps | Discount Rate | Fair Value, Unobservable Input, Interest Rates (USD), Interest Rates (JPY), and CDS Spreads | Lower Limit | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Derivative asset, measurement input [2] 0.0012 0.0018
Derivative liability, measurement input [2] 0.0012 0.0018
Yen-denominated | Foreign currency swaps | Discount Rate | Fair Value, Unobservable Input, Interest Rates (USD), Interest Rates (JPY), and CDS Spreads | Upper Limit | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Derivative asset, measurement input [2] 0.0043 0.0071
Derivative liability, measurement input [2] 0.0043 0.0071
Yen-denominated | Foreign currency swaps | Discount Rate | Fair Value, Unobservable Input, Interest Rates (USD) and Interest Rates (JPY) | Lower Limit | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Derivative asset, measurement input [2] 0.0012 0.0018
Derivative liability, measurement input [2] 0.0012 0.0018
Yen-denominated | Foreign currency swaps | Discount Rate | Fair Value, Unobservable Input, Interest Rates (USD) and Interest Rates (JPY) | Upper Limit | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Derivative asset, measurement input [2] 0.0043 0.0071
Derivative liability, measurement input [2] 0.0043 0.0071
Mortgage- and asset-backed securities    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities $ 410 $ 339
Mortgage- and asset-backed securities | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 178 177
Mortgage- and asset-backed securities | Consensus pricing valuation technique    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 178 177
Mortgage- and asset-backed securities | Consensus pricing valuation technique | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 178 177
Mortgage- and asset-backed securities | Dollar-denominated    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 156 162
Mortgage- and asset-backed securities | Yen-denominated    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 254 177
Banks/financial institutions    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 10,287 8,918
Banks/financial institutions | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 23 23
Banks/financial institutions | Consensus pricing valuation technique    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 23 23
Banks/financial institutions | Consensus pricing valuation technique | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 23 23
Banks/financial institutions | Dollar-denominated    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 3,521 3,214
Banks/financial institutions | Yen-denominated    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 6,766 5,704
Public utilities    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 6,780 7,171
Public utilities | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 224 109
Public utilities | Discounted cash flow technique    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 224 109
Public utilities | Discounted cash flow technique | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 224 109
Public utilities | Dollar-denominated    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 4,519 5,163
Public utilities | Yen-denominated    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 2,261 2,008
Other corporate    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 34,496 29,002
Other corporate | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 262 213
Other corporate | Discounted cash flow technique    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 262 213
Other corporate | Discounted cash flow technique | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 262 213
Other corporate | Dollar-denominated    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 28,253 23,545
Other corporate | Yen-denominated    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities $ 6,243 $ 5,457
[1] Inputs derived from U.S. long-term rates to accommodate long maturity nature of the Company's swaps
[2] Inputs derived from Japan long-term rates to accommodate long maturity nature of the Company's swaps