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DAC AND POLICYHOLDER BONUS INTEREST CREDITS - CONTRACTHOLDER BONUS INTEREST CREDITS (CHANGES IN DEFERRED ACQUISITION COSTS) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]    
Balance, beginning of year $ 5,058 $ 5,088
Capitalization of commissions, sales and issue expenses 578 594
Amortization (846) (646)
Change in unrealized investment gains (losses) (243) 22
Balance, End of Year $ 4,547 $ 5,058