FAIR VALUE MEASUREMENTS - Fair Value Measurement Inputs and Valuation Techniques (Details) $ in Millions		Dec. 31, 2020 USD ($)	Dec. 31, 2019 USD ($)
Fair Value Measurement Inputs and Valuation Technique
Available for sale, fixed maturity securities		$ 105,882	$ 91,262
Equity securities		1,283	802
Asset derivatives		583	482
Liability derivatives		697	586
Assets, fair value		114,028	98,070
Liabilities, fair value		697	586
Level 3
Fair Value Measurement Inputs and Valuation Technique
Available for sale, fixed maturity securities		1,017	687
Equity securities		102	80
Asset derivatives		133	169
Assets, fair value		1,252	936
Liabilities, fair value		231	126
Net asset value valuation technique
Fair Value Measurement Inputs and Valuation Technique
Equity securities		102	80
Net asset value valuation technique | Level 3
Fair Value Measurement Inputs and Valuation Technique
Equity securities		102	80
Foreign currency swaps
Fair Value Measurement Inputs and Valuation Technique
Asset derivatives		180	241
Liability derivatives		312	204
Foreign currency swaps | Level 3
Fair Value Measurement Inputs and Valuation Technique
Asset derivatives		133	169
Liability derivatives		231	126
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		69	106
Liability derivatives		160	118
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		64	63
Liability derivatives		$ 71	$ 8
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		0.0022	0.0010
Derivative liability, measurement input		0.0041	0.0013
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		0.0128	0.0100
Derivative liability, measurement input		0.0140	0.0159
Dollar-denominated
Fair Value Measurement Inputs and Valuation Technique
Available for sale, fixed maturity securities		$ 41,611	$ 38,281
Equity securities		$ 603	$ 144
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]	0.0093	0.0189
Derivative liability, measurement input	[1]	0.0093	0.0189
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]	0.0140	0.0209
Derivative liability, measurement input	[1]	0.0112	0.0209
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]	0.0093	0.0189
Derivative liability, measurement input	[1]	0.0093	0.0189
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]	0.0140	0.0209
Derivative liability, measurement input	[1]	0.0112	0.0209
Yen-denominated
Fair Value Measurement Inputs and Valuation Technique
Available for sale, fixed maturity securities		$ 64,271	$ 52,981
Equity securities		$ 680	$ 658
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]	0.0005	0.0012
Derivative liability, measurement input	[2]	0.0005	0.0012
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	0.0043
Derivative liability, measurement input	[2]	0.0035	0.0043
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]	0.0005	0.0012
Derivative liability, measurement input	[2]	0.0005	0.0012
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	0.0043
Derivative liability, measurement input	[2]	0.0035	0.0043
Mortgage- and asset-backed securities
Fair Value Measurement Inputs and Valuation Technique
Available for sale, fixed maturity securities		$ 1,038	$ 410
Mortgage- and asset-backed securities | Level 3
Fair Value Measurement Inputs and Valuation Technique
Available for sale, fixed maturity securities		224	178
Mortgage- and asset-backed securities | Consensus pricing valuation technique
Fair Value Measurement Inputs and Valuation Technique
Available for sale, fixed maturity securities		674	178
Mortgage- and asset-backed securities | Consensus pricing valuation technique | Level 3
Fair Value Measurement Inputs and Valuation Technique
Available for sale, fixed maturity securities		224	178
Mortgage- and asset-backed securities | Dollar-denominated
Fair Value Measurement Inputs and Valuation Technique
Available for sale, fixed maturity securities		670	156
Mortgage- and asset-backed securities | Yen-denominated
Fair Value Measurement Inputs and Valuation Technique
Available for sale, fixed maturity securities		368	254
Banks/financial institutions
Fair Value Measurement Inputs and Valuation Technique
Available for sale, fixed maturity securities		12,060	10,287
Banks/financial institutions | Level 3
Fair Value Measurement Inputs and Valuation Technique
Available for sale, fixed maturity securities		24	23
Banks/financial institutions | Consensus pricing valuation technique
Fair Value Measurement Inputs and Valuation Technique
Available for sale, fixed maturity securities		24	23
Banks/financial institutions | Consensus pricing valuation technique | Level 3
Fair Value Measurement Inputs and Valuation Technique
Available for sale, fixed maturity securities		24	23
Banks/financial institutions | Dollar-denominated
Fair Value Measurement Inputs and Valuation Technique
Available for sale, fixed maturity securities		3,724	3,521
Banks/financial institutions | Yen-denominated
Fair Value Measurement Inputs and Valuation Technique
Available for sale, fixed maturity securities		8,336	6,766
Public utilities
Fair Value Measurement Inputs and Valuation Technique
Available for sale, fixed maturity securities		10,817	6,780
Public utilities | Level 3
Fair Value Measurement Inputs and Valuation Technique
Available for sale, fixed maturity securities		422	224
Public utilities | Discounted cash flow technique
Fair Value Measurement Inputs and Valuation Technique
Available for sale, fixed maturity securities		422	224
Public utilities | Discounted cash flow technique | Level 3
Fair Value Measurement Inputs and Valuation Technique
Available for sale, fixed maturity securities		422	224
Public utilities | Dollar-denominated
Fair Value Measurement Inputs and Valuation Technique
Available for sale, fixed maturity securities		4,945	4,519
Public utilities | Yen-denominated
Fair Value Measurement Inputs and Valuation Technique
Available for sale, fixed maturity securities		5,872	2,261
Other corporate
Fair Value Measurement Inputs and Valuation Technique
Available for sale, fixed maturity securities		40,217	34,496
Other corporate | Level 3
Fair Value Measurement Inputs and Valuation Technique
Available for sale, fixed maturity securities		299	262
Other corporate | Discounted cash flow technique
Fair Value Measurement Inputs and Valuation Technique
Available for sale, fixed maturity securities		331	262
Other corporate | Discounted cash flow technique | Level 3
Fair Value Measurement Inputs and Valuation Technique
Available for sale, fixed maturity securities		299	262
Other corporate | Dollar-denominated
Fair Value Measurement Inputs and Valuation Technique
Available for sale, fixed maturity securities		30,393	28,253
Other corporate | Yen-denominated
Fair Value Measurement Inputs and Valuation Technique
Available for sale, fixed maturity securities		9,824	6,243
Sovereign and supranational
Fair Value Measurement Inputs and Valuation Technique
Available for sale, fixed maturity securities		1,382	1,042
Sovereign and supranational | Level 3
Fair Value Measurement Inputs and Valuation Technique
Available for sale, fixed maturity securities		48	0
Sovereign and supranational | Discounted cash flow technique
Fair Value Measurement Inputs and Valuation Technique
Available for sale, fixed maturity securities		48
Sovereign and supranational | Discounted cash flow technique | Level 3
Fair Value Measurement Inputs and Valuation Technique
Available for sale, fixed maturity securities		48
Sovereign and supranational | Dollar-denominated
Fair Value Measurement Inputs and Valuation Technique
Available for sale, fixed maturity securities		293	312
Sovereign and supranational | Yen-denominated
Fair Value Measurement Inputs and Valuation Technique
Available for sale, fixed maturity securities		$ 1,089	$ 730

[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