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FAIR VALUE MEASUREMENTS - Fair Value Hierarchy Levels of Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Assets:    
Available for sale, fixed maturity securities $ 96,288 $ 91,262
Equity securities 660 802
Other investments 892 628
Cash and cash equivalents 4,148 4,896
Asset derivatives 472 482
Total assets 102,460 98,070
Liabilities:    
Liability derivatives 723 586
Total liabilities 723 586
Foreign currency swaps    
Assets:    
Asset derivatives 155 241
Liabilities:    
Liability derivatives 273 204
Foreign currency forwards    
Assets:    
Asset derivatives 269 238
Liabilities:    
Liability derivatives 427 377
Foreign currency options    
Assets:    
Asset derivatives 27  
Liabilities:    
Liability derivatives 23 5
Interest rate swaps    
Assets:    
Asset derivatives 21 3
Government and agencies    
Assets:    
Available for sale, fixed maturity securities 36,978 36,400
Municipalities    
Assets:    
Available for sale, fixed maturity securities 2,440 1,847
Mortgage- and asset-backed securities    
Assets:    
Available for sale, fixed maturity securities 497 410
Public utilities    
Assets:    
Available for sale, fixed maturity securities 9,192 6,780
Sovereign and supranational    
Assets:    
Available for sale, fixed maturity securities 1,609 1,042
Banks/financial institutions    
Assets:    
Available for sale, fixed maturity securities 10,378 10,287
Other corporate    
Assets:    
Available for sale, fixed maturity securities 35,194 34,496
Level 1    
Assets:    
Available for sale, fixed maturity securities 35,469 34,878
Equity securities 509 642
Other investments 892 628
Cash and cash equivalents 4,148 4,896
Asset derivatives 0 0
Total assets 41,018 41,044
Liabilities:    
Total liabilities 0 0
Level 1 | Foreign currency swaps    
Assets:    
Asset derivatives 0 0
Liabilities:    
Liability derivatives 0 0
Level 1 | Foreign currency forwards    
Assets:    
Asset derivatives 0 0
Liabilities:    
Liability derivatives 0 0
Level 1 | Foreign currency options    
Assets:    
Asset derivatives 0  
Liabilities:    
Liability derivatives 0 0
Level 1 | Interest rate swaps    
Assets:    
Asset derivatives 0 0
Level 1 | Government and agencies    
Assets:    
Available for sale, fixed maturity securities 35,469 34,878
Level 1 | Municipalities    
Assets:    
Available for sale, fixed maturity securities 0 0
Level 1 | Mortgage- and asset-backed securities    
Assets:    
Available for sale, fixed maturity securities 0 0
Level 1 | Public utilities    
Assets:    
Available for sale, fixed maturity securities 0 0
Level 1 | Sovereign and supranational    
Assets:    
Available for sale, fixed maturity securities 0 0
Level 1 | Banks/financial institutions    
Assets:    
Available for sale, fixed maturity securities 0 0
Level 1 | Other corporate    
Assets:    
Available for sale, fixed maturity securities 0 0
Level 2    
Assets:    
Available for sale, fixed maturity securities 60,065 55,697
Equity securities 69 80
Other investments 0 0
Cash and cash equivalents 0 0
Asset derivatives 383 313
Total assets 60,517 56,090
Liabilities:    
Total liabilities 488 460
Level 2 | Foreign currency swaps    
Assets:    
Asset derivatives 66 72
Liabilities:    
Liability derivatives 38 78
Level 2 | Foreign currency forwards    
Assets:    
Asset derivatives 269 238
Liabilities:    
Liability derivatives 427 377
Level 2 | Foreign currency options    
Assets:    
Asset derivatives 27  
Liabilities:    
Liability derivatives 23 5
Level 2 | Interest rate swaps    
Assets:    
Asset derivatives 21 3
Level 2 | Government and agencies    
Assets:    
Available for sale, fixed maturity securities 1,509 1,522
Level 2 | Municipalities    
Assets:    
Available for sale, fixed maturity securities 2,440 1,847
Level 2 | Mortgage- and asset-backed securities    
Assets:    
Available for sale, fixed maturity securities 309 232
Level 2 | Public utilities    
Assets:    
Available for sale, fixed maturity securities 8,894 6,556
Level 2 | Sovereign and supranational    
Assets:    
Available for sale, fixed maturity securities 1,609 1,042
Level 2 | Banks/financial institutions    
Assets:    
Available for sale, fixed maturity securities 10,355 10,264
Level 2 | Other corporate    
Assets:    
Available for sale, fixed maturity securities 34,949 34,234
Level 3    
Assets:    
Available for sale, fixed maturity securities 754 687
Equity securities 82 80
Other investments 0 0
Cash and cash equivalents 0 0
Asset derivatives 89 169
Total assets 925 936
Liabilities:    
Total liabilities 235 126
Level 3 | Foreign currency swaps    
Assets:    
Asset derivatives 89 169
Liabilities:    
Liability derivatives 235 126
Level 3 | Foreign currency forwards    
Assets:    
Asset derivatives 0 0
Liabilities:    
Liability derivatives 0 0
Level 3 | Foreign currency options    
Assets:    
Asset derivatives 0  
Liabilities:    
Liability derivatives 0 0
Level 3 | Interest rate swaps    
Assets:    
Asset derivatives 0 0
Level 3 | Government and agencies    
Assets:    
Available for sale, fixed maturity securities 0 0
Level 3 | Municipalities    
Assets:    
Available for sale, fixed maturity securities 0 0
Level 3 | Mortgage- and asset-backed securities    
Assets:    
Available for sale, fixed maturity securities 188 178
Level 3 | Public utilities    
Assets:    
Available for sale, fixed maturity securities 298 224
Level 3 | Sovereign and supranational    
Assets:    
Available for sale, fixed maturity securities 0 0
Level 3 | Banks/financial institutions    
Assets:    
Available for sale, fixed maturity securities 23 23
Level 3 | Other corporate    
Assets:    
Available for sale, fixed maturity securities $ 245 $ 262