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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
Jun. 30, 2021
Dec. 31, 2020
Assets:    
Available for sale, fixed maturity securities $ 102,284 $ 105,882
Equity securities 1,475 1,283
Other investments 1,667 1,139
Cash and cash equivalents 5,469 5,141
Asset derivatives 739 583
Total assets 111,634 114,028
Liabilities:    
Liability derivatives 1,096 697
Total liabilities 1,096 697
Foreign currency swaps    
Assets:    
Asset derivatives 169 180
Liabilities:    
Liability derivatives 332 312
Foreign currency forwards    
Assets:    
Asset derivatives 567 402
Liabilities:    
Liability derivatives 762 385
Foreign currency options    
Assets:    
Asset derivatives 1 1
Liabilities:    
Liability derivatives 1  
Interest rate swaps    
Assets:    
Asset derivatives 1  
Liabilities:    
Liability derivatives 1  
Forward bond purchase commitment    
Assets:    
Asset derivatives 1  
Government and agencies    
Assets:    
Available for sale, fixed maturity securities 35,682 37,350
Municipalities    
Assets:    
Available for sale, fixed maturity securities 2,965 3,018
Mortgage- and asset-backed securities    
Assets:    
Available for sale, fixed maturity securities 1,284 1,038
Public utilities    
Assets:    
Available for sale, fixed maturity securities 10,393 10,817
Sovereign and supranational    
Assets:    
Available for sale, fixed maturity securities 1,258 1,382
Banks/financial institutions    
Assets:    
Available for sale, fixed maturity securities 11,904 12,060
Other corporate    
Assets:    
Available for sale, fixed maturity securities 38,798 40,217
Level 1    
Assets:    
Available for sale, fixed maturity securities 34,344 36,032
Equity securities 1,231 1,095
Other investments 1,667 1,139
Cash and cash equivalents 5,469 5,141
Asset derivatives 0 0
Total assets 42,711 43,407
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 0
Liabilities:    
Liability derivatives 0  
Level 1 | Interest rate swaps    
Assets:    
Asset derivatives 0  
Liabilities:    
Liability derivatives 0  
Level 1 | Forward bond purchase commitment    
Assets:    
Asset derivatives 0  
Level 1 | Government and agencies    
Assets:    
Available for sale, fixed maturity securities 34,344 36,032
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 66,803 68,833
Equity securities 86 86
Other investments 0 0
Cash and cash equivalents 0 0
Asset derivatives 629 450
Total assets 67,518 69,369
Liabilities:    
Total liabilities 786 466
Level 2 | Foreign currency swaps    
Assets:    
Asset derivatives 59 47
Liabilities:    
Liability derivatives 22 81
Level 2 | Foreign currency forwards    
Assets:    
Asset derivatives 567 402
Liabilities:    
Liability derivatives 762 385
Level 2 | Foreign currency options    
Assets:    
Asset derivatives 1 1
Liabilities:    
Liability derivatives 1  
Level 2 | Interest rate swaps    
Assets:    
Asset derivatives 1  
Liabilities:    
Liability derivatives 1  
Level 2 | Forward bond purchase commitment    
Assets:    
Asset derivatives 1  
Level 2 | Government and agencies    
Assets:    
Available for sale, fixed maturity securities 1,338 1,318
Level 2 | Municipalities    
Assets:    
Available for sale, fixed maturity securities 2,965 3,018
Level 2 | Mortgage- and asset-backed securities    
Assets:    
Available for sale, fixed maturity securities 1,026 814
Level 2 | Public utilities    
Assets:    
Available for sale, fixed maturity securities 9,913 10,395
Level 2 | Sovereign and supranational    
Assets:    
Available for sale, fixed maturity securities 1,213 1,334
Level 2 | Banks/financial institutions    
Assets:    
Available for sale, fixed maturity securities 11,866 12,036
Level 2 | Other corporate    
Assets:    
Available for sale, fixed maturity securities 38,482 39,918
Level 3    
Assets:    
Available for sale, fixed maturity securities 1,137 1,017
Equity securities 158 102
Other investments 0 0
Cash and cash equivalents 0 0
Asset derivatives 110 133
Total assets 1,405 1,252
Liabilities:    
Total liabilities 310 231
Level 3 | Foreign currency swaps    
Assets:    
Asset derivatives 110 133
Liabilities:    
Liability derivatives 310 231
Level 3 | Foreign currency forwards    
Assets:    
Asset derivatives 0 0
Liabilities:    
Liability derivatives 0 0
Level 3 | Foreign currency options    
Assets:    
Asset derivatives 0 0
Liabilities:    
Liability derivatives 0  
Level 3 | Interest rate swaps    
Assets:    
Asset derivatives 0  
Liabilities:    
Liability derivatives 0  
Level 3 | Forward bond purchase commitment    
Assets:    
Asset derivatives 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 258 224
Level 3 | Public utilities    
Assets:    
Available for sale, fixed maturity securities 480 422
Level 3 | Sovereign and supranational    
Assets:    
Available for sale, fixed maturity securities 45 48
Level 3 | Banks/financial institutions    
Assets:    
Available for sale, fixed maturity securities 38 24
Level 3 | Other corporate    
Assets:    
Available for sale, fixed maturity securities $ 316 $ 299