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VARIABLE LIFE AND ANNUITY CONTRACTS (Details - GMDB, GMIB, GMWB and GMAV) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Assumptions and methodology used to determine the GMDB liability      
Fair value of embedded derivatives, liability $ 5,822 $ 4,009  
Guaranteed minimum death benefits (GMDB)      
Changes in GMDB for guarantees on variable contracts reflected in the general account      
Balance at the beginning of the period 407 397 $ 352
Reserve increase (decrease) 41 35 93
Benefits paid (43) (40) (43)
Changes in reserves related to unrealized appreciation of investments 16 15 (5)
Balance at the end of the period 421 407 $ 397
Guaranteed minimum account value benefits (GMAB) and Guaranteed minimum withdrawal benefits (GMWB)      
Liabilities for Guarantees on Long-Duration Contracts [Line Items]      
Account value 48,000 45,000  
Net amount at risk 1,100 328  
Embedded derivatives      
Assumptions and methodology used to determine the GMDB liability      
Fair value of embedded derivatives, liability 15,800 6,900  
Embedded derivatives | Guaranteed minimum account value benefits (GMAB) and Guaranteed minimum withdrawal benefits (GMWB)      
Assumptions and methodology used to determine the GMDB liability      
Fair value of embedded derivatives, liability 3,600 2,500  
Variable contract, net deposits plus a minimum return | Guaranteed minimum death benefits (GMDB)      
Liabilities for Guarantees on Long-Duration Contracts [Line Items]      
Account value 105,010 98,386  
Net amount at risk $ 490 $ 689  
Average attained age of contract holders by product 65 years 65 years  
Variable contract, net deposits plus a minimum return | Minimum | Guaranteed minimum death benefits (GMDB)      
Liabilities for Guarantees on Long-Duration Contracts [Line Items]      
Range of guaranteed minimum return rates (as a percent) 0.00% 0.00%  
Variable contract, net deposits plus a minimum return | Maximum | Guaranteed minimum death benefits (GMDB)      
Liabilities for Guarantees on Long-Duration Contracts [Line Items]      
Range of guaranteed minimum return rates (as a percent) 4.50% 4.50%  
Variable annuity contract, highest contract value attained | Guaranteed minimum death benefits (GMDB)      
Liabilities for Guarantees on Long-Duration Contracts [Line Items]      
Account value $ 16,667 $ 15,796  
Net amount at risk $ 276 $ 301  
Average attained age of contract holders by product 72 years 71 years