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FAIR VALUE MEASUREMENTS (Details - Assets and Liabilities Measured at Fair Value on a Recurring Basis) - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale $ 241,776 $ 251,086
Other bond securities 5,353 6,682
Equity securities 624 841
Other invested assets 6,576 6,827
Derivative Assets, Fair Value, Gross 10,349 5,026
Derivative assets, Counterparty netting (4,645) (2,427)
Derivative assets, Cash collateral (4,840) (1,806)
Derivative assets 864 793
Short-term investments, portion measured at fair value 8,186 5,343
Other assets 3,311 3,151
Separate account assets, at fair value 78,836 93,272
Fair Value, Liabilities Measured on Recurring Basis    
Policyholder contract deposits, portion measured at fair value 8,153 6,910
Other policyholder funds 3,460 3,428
Derivative Liabilities, Fair Value, Gross 5,429 4,009
Derivative liabilities, Counterparty netting (4,645) (2,427)
Derivative liabilities, Cash collateral (147) (527)
Derivative liabilities 637 1,055
Other liabilities 637 1,100
Long-term debt 2,276 2,062
Fair Value Using Net Asset Value Per Share or its equivalent 5,029 5,549
Recurring Basis    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 241,776 251,086
Other bond securities 5,353 6,682
Equity securities 624 841
Other invested assets 1,547 1,278
Derivative assets, Counterparty netting (4,645) (2,427)
Derivative assets, Cash collateral (4,840) (1,806)
Derivative assets, Counterparty netting and cash collateral (9,485) (4,233)
Derivative assets 864 793
Short-term investments, portion measured at fair value 8,186 5,343
Other assets 2,447 2,358
Separate account assets, at fair value 78,836 93,272
Fair value assets measured on recurring basis, total 339,633 361,653
Fair Value, Liabilities Measured on Recurring Basis    
Policyholder contract deposits, portion measured at fair value 8,153 6,910
Derivative liabilities, Counterparty netting (4,645) (2,427)
Derivative liabilities, Cash collateral (147) (527)
Derivative liabilities, Counterparty netting and cash collateral (4,792) (2,954)
Derivative liabilities 637 1,055
Other liabilities 0 45
Long-term debt 2,276 2,062
Fair value liabilities measured on recurring basis, total 11,066 10,072
Recurring Basis | Interest rate contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 6,623 3,200
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 4,226 2,749
Recurring Basis | Foreign exchange contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 2,338 1,040
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 1,032 1,025
Recurring Basis | Equity contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 1,240 769
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 77 139
Recurring Basis | Credit contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 133 3
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 81 89
Recurring Basis | Other contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 15 14
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 13 7
Recurring Basis | U.S. government and government sponsored entities    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 5,689 5,380
Other bond securities 2,057 2,121
Recurring Basis | Obligations of states, municipalities and political subdivisions    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 15,440 15,318
Recurring Basis | Non-U.S. governments    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 14,173 14,869
Other bond securities 0 0
Recurring Basis | Corporate debt    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 144,322 149,636
Other bond securities 16 18
Recurring Basis | Residential mortgage-backed securities (RMBS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 30,857 32,805
Other bond securities 467 489
Recurring Basis | Commercial mortgage-backed securities (CMBS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 14,226 14,430
Other bond securities 271 322
Recurring Basis | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 17,069 18,648
Other bond securities 2,542 3,732
Recurring Basis | Level 1    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 287 195
Other bond securities 6 0
Equity securities 582 756
Other invested assets 0 0
Derivative Assets, Fair Value, Gross 89 6
Short-term investments, portion measured at fair value 1,732 2,299
Other assets 176 57
Separate account assets, at fair value 74,591 89,069
Fair value assets measured on recurring basis, total 77,463 92,382
Fair Value, Liabilities Measured on Recurring Basis    
Policyholder contract deposits, portion measured at fair value 0 0
Derivative Liabilities, Fair Value, Gross 10 12
Other liabilities 0 0
Long-term debt 0 0
Fair value liabilities measured on recurring basis, total 10 12
Recurring Basis | Level 1 | Interest rate contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 2 1
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 2 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 87 5
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 8 8
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 239 135
Other bond securities 6 0
Recurring Basis | Level 1 | Obligations of states, municipalities and political subdivisions    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 0 0
Recurring Basis | Level 1 | Non-U.S. governments    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 48 60
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 216,565 224,960
Other bond securities 2,778 2,944
Equity securities 23 77
Other invested assets 80 86
Derivative Assets, Fair Value, Gross 9,961 4,826
Short-term investments, portion measured at fair value 6,454 3,044
Other assets 2,180 2,212
Separate account assets, at fair value 4,245 4,203
Fair value assets measured on recurring basis, total 242,286 242,352
Fair Value, Liabilities Measured on Recurring Basis    
Policyholder contract deposits, portion measured at fair value 0 0
Derivative Liabilities, Fair Value, Gross 5,338 3,905
Other liabilities 0 45
Long-term debt 2,276 2,062
Fair value liabilities measured on recurring basis, total 7,614 6,012
Recurring Basis | Level 2 | Interest rate contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 6,621 3,199
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 4,224 2,745
Recurring Basis | Level 2 | Foreign exchange contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 2,337 1,034
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 1,028 1,025
Recurring Basis | Level 2 | Equity contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 1,003 593
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 62 111
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 24 24
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 5,450 5,245
Other bond securities 2,051 2,121
Recurring Basis | Level 2 | Obligations of states, municipalities and political subdivisions    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 13,338 13,197
Recurring Basis | Level 2 | Non-U.S. governments    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 14,119 14,809
Other bond securities 0 0
Recurring Basis | Level 2 | Corporate debt    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 143,107 147,973
Other bond securities 16 18
Recurring Basis | Level 2 | Residential mortgage-backed securities (RMBS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 19,170 19,397
Other bond securities 318 346
Recurring Basis | Level 2 | Commercial mortgage-backed securities (CMBS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 13,080 13,377
Other bond securities 229 272
Recurring Basis | Level 2 | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 8,301 10,962
Other bond securities 164 187
Recurring Basis | Level 3    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 24,924 25,931
Other bond securities 2,569 3,738
Equity securities 19 8
Other invested assets 1,467 1,192
Derivative Assets, Fair Value, Gross 299 194
Short-term investments, portion measured at fair value 0 0
Other assets 91 89
Separate account assets, at fair value 0 0
Fair value assets measured on recurring basis, total 29,369 31,152
Fair Value, Liabilities Measured on Recurring Basis    
Policyholder contract deposits, portion measured at fair value 8,153 6,910
Derivative Liabilities, Fair Value, Gross 81 92
Other liabilities 0 0
Long-term debt 0 0
Fair value liabilities measured on recurring basis, total 8,234 7,002
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 0 0
Recurring Basis | Level 3 | Foreign exchange contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 1 6
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 4 0
Recurring Basis | Level 3 | Equity contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 150 171
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 7 20
Recurring Basis | Level 3 | Credit contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 133 3
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 57 65
Recurring Basis | Level 3 | Other contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 15 14
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 13 7
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 2,102 2,121
Recurring Basis | Level 3 | Non-U.S. governments    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 6 0
Other bond securities 0 0
Recurring Basis | Level 3 | Corporate debt    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 1,215 1,663
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 11,687 13,408
Other bond securities 149 143
Recurring Basis | Level 3 | Commercial mortgage-backed securities (CMBS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 1,146 1,053
Other bond securities 42 50
Recurring Basis | Level 3 | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 8,768 7,686
Other bond securities $ 2,378 $ 3,545