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VARIABLE INTEREST ENTITIES (Details) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Mar. 31, 2021
Assets:      
Bonds available for sale [1] $ 257,219 $ 277,202  
Other bond securities [1] 6,582 6,278  
Equity securities [1] 695 739  
Mortgage and other loans receivable [1] 47,470 46,048  
Other invested assets [1] 16,186 15,668  
Short-term investments [1] 9,718 13,357  
Accrued investment income [1] 2,272 2,239  
Cash 2,537 [1] 2,198 [1] $ 2,796
Other [1] 13,205 14,351  
Total assets 573,513 596,112  
Liabilities:      
Total liabilities 515,410 527,200  
Debt of consolidated investments      
Liabilities:      
Long-term debt [1] 6,366 6,422  
Alternative investments      
Assets:      
Other invested assets 11,583 10,951  
Investment real estate      
Assets:      
Other invested assets 2,627 2,727  
Real Estate and Investment Entities      
Liabilities:      
Off-balance sheet exposure 2,000 2,200  
Real Estate and Investment Entities | External      
Liabilities:      
Off-balance sheet exposure 500 600  
Consolidated VIE      
Assets:      
Bonds available for sale 5,581 5,543  
Other bond securities 1,648 1,852  
Equity securities 69 223  
Mortgage and other loans receivable 2,352 2,523  
Short-term investments 373 638  
Accrued investment income 17 17  
Cash 82 96  
Other assets 232 748  
Total assets 15,792 16,914  
Liabilities:      
Long-term debt 6,192 6,247  
Other liabilities 229 844  
Total liabilities 6,421 7,091  
Consolidated VIE | Alternative investments      
Assets:      
Other invested assets 3,247 3,017  
Consolidated VIE | Investment real estate      
Assets:      
Other invested assets 2,191 2,257  
Consolidated VIE | Real Estate and Investment Entities      
Assets:      
Bonds available for sale 0 0  
Other bond securities 0 0  
Equity securities 69 223  
Mortgage and other loans receivable 0 0  
Short-term investments 243 487  
Accrued investment income 0 0  
Cash 82 96  
Other assets 173 190  
Total assets 6,005 6,270  
Liabilities:      
Long-term debt 1,694 1,743  
Other liabilities 112 122  
Total liabilities 1,806 1,865  
Consolidated VIE | Real Estate and Investment Entities | Alternative investments      
Assets:      
Other invested assets 3,247 3,017  
Consolidated VIE | Real Estate and Investment Entities | Investment real estate      
Assets:      
Other invested assets 2,191 2,257  
Consolidated VIE | Securitization Vehicles      
Assets:      
Bonds available for sale 5,581 5,543  
Other bond securities 1,648 1,852  
Equity securities 0 0  
Mortgage and other loans receivable 2,352 2,523  
Short-term investments 130 151  
Accrued investment income 17 17  
Cash 0 0  
Other assets 59 558  
Total assets 9,787 10,644  
Liabilities:      
Long-term debt 4,498 4,504  
Other liabilities 117 722  
Total liabilities 4,615 5,226  
Consolidated VIE | Securitization Vehicles | Alternative investments      
Assets:      
Other invested assets 0 0  
Consolidated VIE | Securitization Vehicles | Investment real estate      
Assets:      
Other invested assets 0 0  
Unconsolidated VIE      
Assets:      
Other invested assets 8,200 7,800  
Total assets of unconsolidated VIEs as well as maximum exposure to loss      
Total VIE Assets 463,572 459,073  
Maximum Exposure to Loss, On-Balance Sheet 8,269 7,887  
Maximum Exposure to Loss, Off-Balance Sheet 4,366 3,976  
Total maximum exposure to loss 12,635 11,863  
Unconsolidated VIE | Real Estate and Investment Entities      
Total assets of unconsolidated VIEs as well as maximum exposure to loss      
Total VIE Assets 461,827 457,335  
Maximum Exposure to Loss, On-Balance Sheet 8,021 7,650  
Maximum Exposure to Loss, Off-Balance Sheet 3,617 3,448  
Total maximum exposure to loss 11,638 11,098  
Unconsolidated VIE | Other      
Total assets of unconsolidated VIEs as well as maximum exposure to loss      
Total VIE Assets 1,745 1,738  
Maximum Exposure to Loss, On-Balance Sheet 248 237  
Maximum Exposure to Loss, Off-Balance Sheet 749 528  
Total maximum exposure to loss $ 997 $ 765  
[1] See Note 8 for details of balances associated with variable interest entities.