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FAIR VALUE MEASUREMENTS - Fair Value Measurement Inputs and Valuation Techniques (Details) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Fair Value Measurement Inputs and Valuation Techniques    
Available for sale, fixed maturity securities $ 89,965 $ 98,696
Equity securities 1,415 1,603
Asset derivatives 1,126 936
Liability derivatives 1,460 1,619
Assets, fair value 98,528 108,012
Liabilities, fair value 1,460 1,619
Level 3    
Fair Value Measurement Inputs and Valuation Techniques    
Available for sale, fixed maturity securities 1,294 1,298
Equity securities 166 173
Asset derivatives 0 0
Assets, fair value 1,460 1,471
Liabilities, fair value 0 0
Net asset value valuation technique | Level 3    
Fair Value Measurement Inputs and Valuation Techniques    
Equity securities 166 173
Foreign currency swaps    
Fair Value Measurement Inputs and Valuation Techniques    
Asset derivatives 141 137
Liability derivatives 432 427
Foreign currency swaps | Level 3    
Fair Value Measurement Inputs and Valuation Techniques    
Asset derivatives 0 0
Liability derivatives 0 0
Dollar-denominated    
Fair Value Measurement Inputs and Valuation Techniques    
Available for sale, fixed maturity securities 37,561 40,709
Equity securities 663 817
Yen-denominated    
Fair Value Measurement Inputs and Valuation Techniques    
Available for sale, fixed maturity securities 52,404 57,987
Equity securities 711 744
Mortgage- and asset-backed securities    
Fair Value Measurement Inputs and Valuation Techniques    
Available for sale, fixed maturity securities 1,366 1,246
Mortgage- and asset-backed securities | Level 3    
Fair Value Measurement Inputs and Valuation Techniques    
Available for sale, fixed maturity securities 318 291
Mortgage- and asset-backed securities | Consensus pricing valuation technique | Level 3    
Fair Value Measurement Inputs and Valuation Techniques    
Available for sale, fixed maturity securities 318 291
Mortgage- and asset-backed securities | Dollar-denominated    
Fair Value Measurement Inputs and Valuation Techniques    
Available for sale, fixed maturity securities 1,075 928
Mortgage- and asset-backed securities | Yen-denominated    
Fair Value Measurement Inputs and Valuation Techniques    
Available for sale, fixed maturity securities 291 318
Public utilities    
Fair Value Measurement Inputs and Valuation Techniques    
Available for sale, fixed maturity securities 9,189 10,051
Public utilities | Level 3    
Fair Value Measurement Inputs and Valuation Techniques    
Available for sale, fixed maturity securities 585 493
Public utilities | Discounted cash flow technique | Level 3    
Fair Value Measurement Inputs and Valuation Techniques    
Available for sale, fixed maturity securities 585 493
Public utilities | Dollar-denominated    
Fair Value Measurement Inputs and Valuation Techniques    
Available for sale, fixed maturity securities 4,337 4,685
Public utilities | Yen-denominated    
Fair Value Measurement Inputs and Valuation Techniques    
Available for sale, fixed maturity securities 4,852 5,366
Sovereign and supranational    
Fair Value Measurement Inputs and Valuation Techniques    
Available for sale, fixed maturity securities 1,035 1,115
Sovereign and supranational | Level 3    
Fair Value Measurement Inputs and Valuation Techniques    
Available for sale, fixed maturity securities 41 43
Sovereign and supranational | Discounted cash flow technique | Level 3    
Fair Value Measurement Inputs and Valuation Techniques    
Available for sale, fixed maturity securities 41 43
Sovereign and supranational | Dollar-denominated    
Fair Value Measurement Inputs and Valuation Techniques    
Available for sale, fixed maturity securities 257 273
Sovereign and supranational | Yen-denominated    
Fair Value Measurement Inputs and Valuation Techniques    
Available for sale, fixed maturity securities 778 842
Banks/financial institutions    
Fair Value Measurement Inputs and Valuation Techniques    
Available for sale, fixed maturity securities 10,686 11,591
Banks/financial institutions | Level 3    
Fair Value Measurement Inputs and Valuation Techniques    
Available for sale, fixed maturity securities 60 45
Banks/financial institutions | Consensus pricing valuation technique | Level 3    
Fair Value Measurement Inputs and Valuation Techniques    
Available for sale, fixed maturity securities 60 45
Banks/financial institutions | Dollar-denominated    
Fair Value Measurement Inputs and Valuation Techniques    
Available for sale, fixed maturity securities 3,717 3,913
Banks/financial institutions | Yen-denominated    
Fair Value Measurement Inputs and Valuation Techniques    
Available for sale, fixed maturity securities 6,969 7,678
Other corporate    
Fair Value Measurement Inputs and Valuation Techniques    
Available for sale, fixed maturity securities 34,201 37,837
Other corporate | Level 3    
Fair Value Measurement Inputs and Valuation Techniques    
Available for sale, fixed maturity securities 290 426
Other corporate | Discounted cash flow technique | Level 3    
Fair Value Measurement Inputs and Valuation Techniques    
Available for sale, fixed maturity securities   426
Other corporate | Dollar-denominated    
Fair Value Measurement Inputs and Valuation Techniques    
Available for sale, fixed maturity securities 26,601 29,180
Other corporate | Yen-denominated    
Fair Value Measurement Inputs and Valuation Techniques    
Available for sale, fixed maturity securities $ 7,600 $ 8,657