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DAC AND POLICYHOLDER BONUS INTEREST CREDITS - CONTRACTHOLDER BONUS INTEREST CREDITS (DEFERRED ASSET FOR CONTRACTHOLDER BONUS INTEREST CREDITS) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Changes in the deferred asset for contractholder bonus interest credits    
Balance, beginning of year $ 504 $ 534
Policyholder bonus interest credits deferred 6 13
Amortization charged to income (37) (43)
Balance, End of Year $ 473 $ 504