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DERIVATIVES AND HEDGE ACCOUNTING (Details - Hedge Accounting) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Derivative Instruments, Gain (Loss) [Line Items]        
Foreign currency translation gain (loss) adjustment related to net investment hedge relationships $ (4) $ (21) $ (9) $ 73
Derivatives designated as hedging instruments | Interest rate contracts | Fair value hedging | Net realized capital gains (losses)        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 0 0 1 1
Gain (loss) recognized in earnings on hedged items 0 0 (7) (1)
Gain (loss) recognized in earnings for ineffective portion 0 0 0 0
Gain (Loss) from Components Excluded from Assessment of Fair Value Hedge Effectiveness, Net 0 0 0 0
Gains/(Losses) Recognized in Earnings Including Gains/(Losses) Attributable to Other 0 0 (6) 0
Derivatives designated as hedging instruments | Interest rate contracts | Fair value hedging | Other Income        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on hedged items 5 2 7 5
Gains/(Losses) Recognized in Earnings Including Gains/(Losses) Attributable to Other 5 2 7 5
Derivatives designated as hedging instruments | Interest rate contracts | Fair value hedging | Loss on extinguishment of debt        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 0 0 0 0
Gain (loss) recognized in earnings on hedged items 0 0 0 13
Gain (loss) recognized in earnings for ineffective portion 0 0 0 0
Gain (Loss) from Components Excluded from Assessment of Fair Value Hedge Effectiveness, Net 0 0 0 0
Gains/(Losses) Recognized in Earnings Including Gains/(Losses) Attributable to Other 0 0 0 13
Derivatives designated as hedging instruments | Foreign exchange contracts | Fair value hedging | Net realized capital gains (losses)        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 389 (60) 423 72
Gain (loss) recognized in earnings on hedged items (345) 73 (409) (56)
Gain (loss) recognized in earnings for ineffective portion 0 0 0 0
Gain (Loss) from Components Excluded from Assessment of Fair Value Hedge Effectiveness, Net 43 13 14 13
Gains/(Losses) Recognized in Earnings Including Gains/(Losses) Attributable to Other 1 0 0 3
Derivatives designated as hedging instruments | Foreign exchange contracts | Fair value hedging | Interest credited to policyholder account balances        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on hedged items       (1)
Gains/(Losses) Recognized in Earnings Including Gains/(Losses) Attributable to Other       (1)
Derivatives designated as hedging instruments | Foreign exchange contracts | Fair value hedging | Other Income        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on hedged items 5 4 12 10
Gains/(Losses) Recognized in Earnings Including Gains/(Losses) Attributable to Other 5 4 12 10
Derivatives designated as hedging instruments | Foreign exchange contracts | Fair value hedging | Loss on extinguishment of debt        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 0 0 0 0
Gain (loss) recognized in earnings on hedged items 0 1 0 17
Gain (loss) recognized in earnings for ineffective portion 0 0 0 0
Gain (Loss) from Components Excluded from Assessment of Fair Value Hedge Effectiveness, Net 0 0 0 0
Gains/(Losses) Recognized in Earnings Including Gains/(Losses) Attributable to Other 0 1 0 17
Derivatives designated as hedging instruments | Equity contracts | Fair value hedging | Net realized capital gains (losses)        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 10 (13) 20 (19)
Gain (loss) recognized in earnings on hedged items (7) 13 (19) 18
Gain (loss) recognized in earnings for ineffective portion 0 0 0 0
Gain (Loss) from Components Excluded from Assessment of Fair Value Hedge Effectiveness, Net 3 0 1 (1)
Gains/(Losses) Recognized in Earnings Including Gains/(Losses) Attributable to Other 0 0 0 0
Derivatives not designated as hedging instruments        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 179 314 40 898
Derivatives not designated as hedging instruments | Net realized capital gains (losses)        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 123 305 88 476
Derivatives not designated as hedging instruments | Net investment income        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 13 (13) 12 14
Derivatives not designated as hedging instruments | Other Income        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 18 8 (112) 370
Derivatives not designated as hedging instruments | Policy fees        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 20 20 40 39
Derivatives not designated as hedging instruments | Policyholder benefits and claims incurred        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 5 (6) 12 (1)
Derivatives not designated as hedging instruments | Interest rate contracts        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 603 (427) 1,373 (71)
Derivatives not designated as hedging instruments | Foreign exchange contracts        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 182 (52) 154 270
Derivatives not designated as hedging instruments | Equity contracts        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives (141) (31) (272) (120)
Derivatives not designated as hedging instruments | Commodity contracts        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 0 0 0 (1)
Derivatives not designated as hedging instruments | Credit contracts        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 28 13 34 160
Derivatives not designated as hedging instruments | Other contracts        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives 20 (35) 36 (13)
Derivatives not designated as hedging instruments | Embedded derivatives        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in earnings on derivatives $ (513) $ 846 $ (1,285) $ 673