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CLOSED BLOCK (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2017
Dec. 31, 2016
CLOSED BLOCK LIABILITIES:          
Future policy benefits, policyholders’ account balances and other       $ 6,945 $ 7,179
Policyholder dividend obligation $ 52 $ 81 $ 81 32 52
Other liabilities       271 43
Total Closed Block liabilities       7,248 7,274
ASSETS DESIGNATED TO THE CLOSED BLOCK:          
Fixed maturities, available for sale, at fair value (amortized cost of $3,923 and $3,884)       4,070 4,025
Mortgage loans on real estate       1,720 1,623
Policy loans       781 839
Cash and other invested assets       351 444
Other assets       219 213
Total assets designated to the Closed Block       7,141 7,144
Excess of Closed Block liabilities over assets designated to the Closed Block       107 130
Amounts included in accumulated other comprehensive income (loss):          
Net unrealized investment gains (losses), net of policyholder dividend obligation of $32 and $52       138 100
Maximum Future Income To Be Recognized From Closed Block Assets and Liabilities       245 230
Closed block investments fixed maturity available for sale amortized cost       $ 3,923 $ 3,884
REVENUES:          
Premiums and other income 224 212 236    
Investment income (loss) 314 349 368    
Net investment gains (losses) (20) (1) 2    
Total revenues 518 560 606    
BENEFITS AND OTHER DEDUCTIONS:          
Policyholders’ benefits and dividends 537 522 550    
Other operating costs and expenses 2 4 4    
Total benefits and other deductions 539 526 554    
Net revenues, before income taxes (21) 34 52    
Income tax (expense) benefit 6 (12) (18)    
Net Revenues (Losses) (15) 22 34    
Movement in Closed Block Dividend Obligation [Roll Forward]          
Balances, beginning of year 52 81      
Unrealized investment gains (losses) (20) (29)      
Balances, End of year $ 32 $ 52 $ 81