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FAIR VALUE MEASUREMENTS (Details - Assets and Liabilities Measured at Fair Value on a Recurring Basis) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Dec. 31, 2018
Fair Value, Assets Measured on Recurring Basis      
Bonds available for sale $ 238,201   $ 229,391
Other bond securities 11,511   11,415
Equity securities 841   1,253
Other invested assets 5,759   5,894
Derivative Assets, Fair Value, Gross 4,273   4,468
Derivative assets, Counterparty netting (1,647)   (1,713)
Derivative assets, Cash collateral (1,734)   (1,840)
Derivative assets 892   915
Short-term investments, portion measured at fair value 4,040   3,015
Separate account assets, at fair value 88,818   81,847
Other assets 951   973
Fair Value, Liabilities Measured on Recurring Basis      
Policyholder contract deposits, portion measured at fair value 4,878   4,116
Other policyholder funds 3,493   3,568
Derivative Liabilities, Fair Value, Gross 3,066   3,138
Derivative liabilities, Counterparty netting (1,647)   (1,713)
Derivative liabilities, Cash collateral (188)   (187)
Derivative liabilities 1,231   1,238
Long-term debt, portion measured at fair value 2,263   2,213
Other liabilities 1,421   1,265
U.S. government and government sponsored entities      
Fair Value, Assets Measured on Recurring Basis      
Assets transferred from Level 1 to Level 2 51 $ 191  
Non-U.S. governments      
Fair Value, Assets Measured on Recurring Basis      
Assets transferred from Level 1 to Level 2 62 $ 16  
Recurring Basis      
Fair Value, Assets Measured on Recurring Basis      
Bonds available for sale 238,201   229,391
Other bond securities 11,511   11,415
Equity securities 841   1,253
Other invested assets 677   928
Derivative assets, Counterparty netting (1,647)   (1,713)
Derivative assets, Cash collateral (1,734)   (1,840)
Derivative assets, Counterparty netting and cash collateral (3,381)   (3,553)
Derivative assets 892   915
Short-term investments, portion measured at fair value 4,040   3,015
Separate account assets, at fair value 88,818   81,847
Other assets 59   58
Fair value assets measured on recurring basis, total 345,039   328,822
Fair Value, Liabilities Measured on Recurring Basis      
Policyholder contract deposits, portion measured at fair value 4,878   4,116
Derivative liabilities, Counterparty netting (1,647)   (1,713)
Derivative liabilities, Cash collateral (188)   (187)
Derivative liabilities, Counterparty netting and cash collateral (1,835)   (1,900)
Derivative liabilities 1,231   1,238
Long-term debt, portion measured at fair value 2,263   2,213
Other liabilities 190   27
Fair value liabilities measured on recurring basis, total 8,562   7,594
Recurring Basis | Interest rate contracts      
Fair Value, Assets Measured on Recurring Basis      
Derivative Assets, Fair Value, Gross 2,664   2,890
Fair Value, Liabilities Measured on Recurring Basis      
Derivative Liabilities, Fair Value, Gross 1,920   2,023
Recurring Basis | Foreign exchange contracts      
Fair Value, Assets Measured on Recurring Basis      
Derivative Assets, Fair Value, Gross 1,107   1,164
Fair Value, Liabilities Measured on Recurring Basis      
Derivative Liabilities, Fair Value, Gross 850   858
Recurring Basis | Equity contracts      
Fair Value, Assets Measured on Recurring Basis      
Derivative Assets, Fair Value, Gross 488   398
Fair Value, Liabilities Measured on Recurring Basis      
Derivative Liabilities, Fair Value, Gross 51   15
Recurring Basis | Credit contracts      
Fair Value, Assets Measured on Recurring Basis      
Derivative Assets, Fair Value, Gross 1   1
Fair Value, Liabilities Measured on Recurring Basis      
Derivative Liabilities, Fair Value, Gross 240   236
Recurring Basis | Other contracts      
Fair Value, Assets Measured on Recurring Basis      
Derivative Assets, Fair Value, Gross 13   15
Fair Value, Liabilities Measured on Recurring Basis      
Derivative Liabilities, Fair Value, Gross 5   6
Recurring Basis | U.S. government and government sponsored entities      
Fair Value, Assets Measured on Recurring Basis      
Bonds available for sale 3,401   3,260
Other bond securities 2,780   2,665
Recurring Basis | Obligations of states, municipalities and political subdivisions      
Fair Value, Assets Measured on Recurring Basis      
Bonds available for sale 15,922   16,001
Recurring Basis | Non-U.S. governments      
Fair Value, Assets Measured on Recurring Basis      
Bonds available for sale 15,274   14,525
Other bond securities 51   45
Recurring Basis | Corporate debt      
Fair Value, Assets Measured on Recurring Basis      
Bonds available for sale 138,673   130,700
Other bond securities 1,745   1,671
Recurring Basis | Residential mortgage-backed securities (RMBS)      
Fair Value, Assets Measured on Recurring Basis      
Bonds available for sale 34,004   34,377
Other bond securities 1,757   1,714
Recurring Basis | Commercial mortgage-backed securities (CMBS)      
Fair Value, Assets Measured on Recurring Basis      
Bonds available for sale 13,161   12,701
Other bond securities 399   388
Recurring Basis | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)      
Fair Value, Assets Measured on Recurring Basis      
Bonds available for sale 17,766   17,827
Other bond securities 4,779   4,932
Recurring Basis | Level 1      
Fair Value, Assets Measured on Recurring Basis      
Bonds available for sale 15   122
Other bond securities 84   11
Equity securities 804   1,213
Other invested assets 0   0
Derivative Assets, Fair Value, Gross 59   135
Short-term investments, portion measured at fair value 1,993   2,416
Separate account assets, at fair value 84,260   77,202
Other assets 0   0
Fair value assets measured on recurring basis, total 87,215   81,099
Fair Value, Liabilities Measured on Recurring Basis      
Policyholder contract deposits, portion measured at fair value 0   0
Other policyholder funds 0    
Derivative Liabilities, Fair Value, Gross 12   16
Long-term debt, portion measured at fair value 0   0
Other liabilities 105   16
Fair value liabilities measured on recurring basis, total 117   32
Recurring Basis | Level 1 | Interest rate contracts      
Fair Value, Assets Measured on Recurring Basis      
Derivative Assets, Fair Value, Gross 4   2
Fair Value, Liabilities Measured on Recurring Basis      
Derivative Liabilities, Fair Value, Gross 0   4
Recurring Basis | Level 1 | Foreign exchange contracts      
Fair Value, Assets Measured on Recurring Basis      
Derivative Assets, Fair Value, Gross 0   0
Fair Value, Liabilities Measured on Recurring Basis      
Derivative Liabilities, Fair Value, Gross 0   0
Recurring Basis | Level 1 | Equity contracts      
Fair Value, Assets Measured on Recurring Basis      
Derivative Assets, Fair Value, Gross 55   133
Fair Value, Liabilities Measured on Recurring Basis      
Derivative Liabilities, Fair Value, Gross 12   12
Recurring Basis | Level 1 | Credit contracts      
Fair Value, Assets Measured on Recurring Basis      
Derivative Assets, Fair Value, Gross 0   0
Fair Value, Liabilities Measured on Recurring Basis      
Derivative Liabilities, Fair Value, Gross 0   0
Recurring Basis | Level 1 | Other contracts      
Fair Value, Assets Measured on Recurring Basis      
Derivative Assets, Fair Value, Gross 0   0
Fair Value, Liabilities Measured on Recurring Basis      
Derivative Liabilities, Fair Value, Gross 0   0
Recurring Basis | Level 1 | U.S. government and government sponsored entities      
Fair Value, Assets Measured on Recurring Basis      
Bonds available for sale 0   53
Other bond securities 84   11
Recurring Basis | Level 1 | Obligations of states, municipalities and political subdivisions      
Fair Value, Assets Measured on Recurring Basis      
Bonds available for sale 0   0
Other bond securities 0   0
Recurring Basis | Level 1 | Non-U.S. governments      
Fair Value, Assets Measured on Recurring Basis      
Bonds available for sale 15   69
Other bond securities 0   0
Recurring Basis | Level 1 | Corporate debt      
Fair Value, Assets Measured on Recurring Basis      
Bonds available for sale 0   0
Other bond securities 0   0
Recurring Basis | Level 1 | Residential mortgage-backed securities (RMBS)      
Fair Value, Assets Measured on Recurring Basis      
Bonds available for sale 0   0
Other bond securities 0   0
Recurring Basis | Level 1 | Commercial mortgage-backed securities (CMBS)      
Fair Value, Assets Measured on Recurring Basis      
Bonds available for sale 0   0
Other bond securities 0   0
Recurring Basis | Level 1 | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)      
Fair Value, Assets Measured on Recurring Basis      
Bonds available for sale 0   0
Other bond securities 0   0
Recurring Basis | Level 2      
Fair Value, Assets Measured on Recurring Basis      
Bonds available for sale 210,738   202,176
Other bond securities 5,828   5,559
Equity securities 11   13
Other invested assets 86   341
Derivative Assets, Fair Value, Gross 4,096   4,237
Short-term investments, portion measured at fair value 2,047   599
Separate account assets, at fair value 4,558   4,645
Other assets 0   0
Fair value assets measured on recurring basis, total 227,364   217,570
Fair Value, Liabilities Measured on Recurring Basis      
Policyholder contract deposits, portion measured at fair value 0   0
Other policyholder funds 0    
Derivative Liabilities, Fair Value, Gross 2,804   2,873
Long-term debt, portion measured at fair value 2,263   2,213
Other liabilities 85   11
Fair value liabilities measured on recurring basis, total 5,152   5,097
Recurring Basis | Level 2 | Interest rate contracts      
Fair Value, Assets Measured on Recurring Basis      
Derivative Assets, Fair Value, Gross 2,660   2,888
Fair Value, Liabilities Measured on Recurring Basis      
Derivative Liabilities, Fair Value, Gross 1,905   2,004
Recurring Basis | Level 2 | Foreign exchange contracts      
Fair Value, Assets Measured on Recurring Basis      
Derivative Assets, Fair Value, Gross 1,106   1,159
Fair Value, Liabilities Measured on Recurring Basis      
Derivative Liabilities, Fair Value, Gross 850   858
Recurring Basis | Level 2 | Equity contracts      
Fair Value, Assets Measured on Recurring Basis      
Derivative Assets, Fair Value, Gross 330   190
Fair Value, Liabilities Measured on Recurring Basis      
Derivative Liabilities, Fair Value, Gross 32   3
Recurring Basis | Level 2 | Credit contracts      
Fair Value, Assets Measured on Recurring Basis      
Derivative Assets, Fair Value, Gross 0   0
Fair Value, Liabilities Measured on Recurring Basis      
Derivative Liabilities, Fair Value, Gross 17   8
Recurring Basis | Level 2 | Other contracts      
Fair Value, Assets Measured on Recurring Basis      
Derivative Assets, Fair Value, Gross 0   0
Fair Value, Liabilities Measured on Recurring Basis      
Derivative Liabilities, Fair Value, Gross 0   0
Recurring Basis | Level 2 | U.S. government and government sponsored entities      
Fair Value, Assets Measured on Recurring Basis      
Bonds available for sale 3,401   3,207
Other bond securities 2,696   2,654
Recurring Basis | Level 2 | Obligations of states, municipalities and political subdivisions      
Fair Value, Assets Measured on Recurring Basis      
Bonds available for sale 13,786   14,001
Other bond securities 0   0
Recurring Basis | Level 2 | Non-U.S. governments      
Fair Value, Assets Measured on Recurring Basis      
Bonds available for sale 15,256   14,445
Other bond securities 51   45
Recurring Basis | Level 2 | Corporate debt      
Fair Value, Assets Measured on Recurring Basis      
Bonds available for sale 137,141   129,836
Other bond securities 1,745   1,671
Recurring Basis | Level 2 | Residential mortgage-backed securities (RMBS)      
Fair Value, Assets Measured on Recurring Basis      
Bonds available for sale 19,959   20,178
Other bond securities 491   424
Recurring Basis | Level 2 | Commercial mortgage-backed securities (CMBS)      
Fair Value, Assets Measured on Recurring Basis      
Bonds available for sale 12,269   11,784
Other bond securities 315   311
Recurring Basis | Level 2 | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)      
Fair Value, Assets Measured on Recurring Basis      
Bonds available for sale 8,926   8,725
Other bond securities 530   454
Recurring Basis | Level 3      
Fair Value, Assets Measured on Recurring Basis      
Bonds available for sale 27,448   27,093
Other bond securities 5,599   5,845
Equity securities 26   27
Other invested assets 591   587
Derivative Assets, Fair Value, Gross 118   96
Short-term investments, portion measured at fair value 0   0
Separate account assets, at fair value 0   0
Other assets 59   58
Fair value assets measured on recurring basis, total 33,841   33,706
Fair Value, Liabilities Measured on Recurring Basis      
Policyholder contract deposits, portion measured at fair value 4,878   4,116
Other policyholder funds 0    
Derivative Liabilities, Fair Value, Gross 250   249
Long-term debt, portion measured at fair value 0   0
Other liabilities 0   0
Fair value liabilities measured on recurring basis, total 5,128   4,365
Recurring Basis | Level 3 | Interest rate contracts      
Fair Value, Assets Measured on Recurring Basis      
Derivative Assets, Fair Value, Gross 0   0
Fair Value, Liabilities Measured on Recurring Basis      
Derivative Liabilities, Fair Value, Gross 15   15
Recurring Basis | Level 3 | Foreign exchange contracts      
Fair Value, Assets Measured on Recurring Basis      
Derivative Assets, Fair Value, Gross 1   5
Fair Value, Liabilities Measured on Recurring Basis      
Derivative Liabilities, Fair Value, Gross 0   0
Recurring Basis | Level 3 | Equity contracts      
Fair Value, Assets Measured on Recurring Basis      
Derivative Assets, Fair Value, Gross 103   75
Fair Value, Liabilities Measured on Recurring Basis      
Derivative Liabilities, Fair Value, Gross 7   0
Recurring Basis | Level 3 | Credit contracts      
Fair Value, Assets Measured on Recurring Basis      
Derivative Assets, Fair Value, Gross 1   1
Fair Value, Liabilities Measured on Recurring Basis      
Derivative Liabilities, Fair Value, Gross 223   228
Recurring Basis | Level 3 | Other contracts      
Fair Value, Assets Measured on Recurring Basis      
Derivative Assets, Fair Value, Gross 13   15
Fair Value, Liabilities Measured on Recurring Basis      
Derivative Liabilities, Fair Value, Gross 5   6
Recurring Basis | Level 3 | U.S. government and government sponsored entities      
Fair Value, Assets Measured on Recurring Basis      
Bonds available for sale 0   0
Other bond securities 0   0
Recurring Basis | Level 3 | Obligations of states, municipalities and political subdivisions      
Fair Value, Assets Measured on Recurring Basis      
Bonds available for sale 2,136   2,000
Other bond securities 0   0
Recurring Basis | Level 3 | Non-U.S. governments      
Fair Value, Assets Measured on Recurring Basis      
Bonds available for sale 3   11
Other bond securities 0   0
Recurring Basis | Level 3 | Corporate debt      
Fair Value, Assets Measured on Recurring Basis      
Bonds available for sale 1,532   864
Other bond securities 0   0
Recurring Basis | Level 3 | Residential mortgage-backed securities (RMBS)      
Fair Value, Assets Measured on Recurring Basis      
Bonds available for sale 14,045   14,199
Other bond securities 1,266   1,290
Recurring Basis | Level 3 | Commercial mortgage-backed securities (CMBS)      
Fair Value, Assets Measured on Recurring Basis      
Bonds available for sale 892   917
Other bond securities 84   77
Recurring Basis | Level 3 | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)      
Fair Value, Assets Measured on Recurring Basis      
Bonds available for sale 8,840   9,102
Other bond securities $ 4,249   $ 4,478