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SIGNIFICANT ACCOUNTING POLICIES ACCOUNTING CHANGE SHCEDULE - EQUITY STATEMENT AND CASH FLOWS (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Statement of Stockholders' Equity [Abstract]      
Beginning of year $ 15,595 $ 16,454  
Net income (loss) 553 1,065 $ 3,187
Other comprehensive income (loss) (229) (857) 868
End of year 14,445 15,595 16,454
Statement of Cash Flows:      
Policy charges and fee income (3,344) (3,291) (3,150)
Net derivative (gains) losses 1,163 1,075 (3,555)
Future policy benefits 431 631 1,486
Amortization of deferred policy acquisition costs, net 287 (254) (350)
Current and deferred income taxes (826) 49 793
Net cash provided by (used in) operating activities (461) (324) (600)
As Previously Reported and Adjusted Herein      
Statement of Stockholders' Equity [Abstract]      
Beginning of year 17,560 18,070  
Net income (loss) 478 1,464 4,296
Other comprehensive income (loss) (241) (907) 925
End of year 16,323 17,560 18,070
Statement of Cash Flows:      
Policy charges and fee income (3,617) (3,531) (3,357)
Net derivative (gains) losses 1,237 348 (5,344)
Future policy benefits 773 1,043 1,810
Amortization of deferred policy acquisition costs, net 259 (314) (384)
Current and deferred income taxes (866) 265 1,390
Net cash provided by (used in) operating activities (461) (324) (600)
Impact of Accounting Change      
Statement of Stockholders' Equity [Abstract]      
Beginning of year (1,965) (1,616)  
Net income (loss) 75 (399) (1,109)
Other comprehensive income (loss) 12 50 (57)
End of year (1,878) (1,965) (1,616)
Statement of Cash Flows:      
Policy charges and fee income 273 240 207
Net derivative (gains) losses (74) 727 1,789
Future policy benefits (342) (412) (324)
Amortization of deferred policy acquisition costs, net 28 60 34
Current and deferred income taxes 40 (216) (597)
Net cash provided by (used in) operating activities 0 0 0
Parent      
Statement of Stockholders' Equity [Abstract]      
Beginning of year 12,536 13,487  
End of year 11,349 12,536 13,487
Parent | As Previously Reported and Adjusted Herein      
Statement of Stockholders' Equity [Abstract]      
Beginning of year 14,501 15,103  
End of year 13,227 14,501 15,103
Parent | Impact of Accounting Change      
Statement of Stockholders' Equity [Abstract]      
Beginning of year (1,965) (1,616)  
End of year (1,878) (1,965) (1,616)
AOCI Attributable to Parent      
Statement of Stockholders' Equity [Abstract]      
Beginning of year 215 285 (603)
Beginning of year after accounting change 215 285 (612)
Other comprehensive income (loss) (212) (842) 897
End of year 3 215 285
AOCI Attributable to Parent | As Previously Reported and Adjusted Herein      
Statement of Stockholders' Equity [Abstract]      
Beginning of year 231 351  
Beginning of year after accounting change 231 351 (603)
Other comprehensive income (loss) (224) (892) 954
End of year 7 231 351
AOCI Attributable to Parent | Impact of Accounting Change      
Statement of Stockholders' Equity [Abstract]      
Beginning of year (16) (66)  
Beginning of year after accounting change (16) (66) (9)
Other comprehensive income (loss) 12 50 (57)
End of year (4) (16) (66)
Retained Earnings      
Statement of Stockholders' Equity [Abstract]      
Beginning of year 6,998 7,243 5,260
Beginning of year after accounting change 6,998 7,243 4,819
Shareholder dividends (1,050) (912) (381)
Net income (loss) 57 667 2,805
End of year 6,005 6,998 7,243
Retained Earnings | As Previously Reported and Adjusted Herein      
Statement of Stockholders' Equity [Abstract]      
Beginning of year 8,947 8,793  
Beginning of year after accounting change 8,947 8,793 5,260
Shareholder dividends (1,050) (912) (381)
Net income (loss) (18) 1,066 3,914
End of year 7,879 8,947 8,793
Retained Earnings | Impact of Accounting Change      
Statement of Stockholders' Equity [Abstract]      
Beginning of year (1,949) (1,550)  
Beginning of year after accounting change (1,949) (1,550) (441)
Shareholder dividends 0 0 0
Net income (loss) 75 (399) (1,109)
End of year $ (1,874) $ (1,949) $ (1,550)