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CLOSED BLOCKS (DETAILS) (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Dec. 31, 2011
Closed Block Liabilities [Abstract]          
Future policy benefits and other policyholders liabilities $ 8,045   $ 8,045   $ 8,121
Policyholder dividend obligation 305   305   260
Other liabilities 71   71   86
Total Closed Block liabilities 8,421   8,421   8,467
Assets Designated To Closed Block [Abstract]          
Fixed maturities, available for sale, at fair value 5,743   5,743   5,686
Mortgage loans on real estate 1,184   1,184   1,205
Policy loans 1,052   1,052   1,061
Cash and other invested assets 56   56   30
Other assets 122   122   207
Total assets designated to the Closed Block 8,157   8,157   8,189
Excess of Closed Block liabilities over assets designated to the Closed Block 264   264   278
Amounts included in accumulated other comprehensive income (loss) [Abstract]          
Net unrealized investment gains (losses) net of deferred income tax (expense) benefit and policyholder dividend obligation 91   91   62
Maximum Future Earnings To Be Recognized From Closed Block Assets and Liabilities 355   355   340
Closed Block Operations Revenue [Abstract]          
Premiums and other income 79 89 160 181  
Closed Block Operations Net Investment Income 105 108 212 218  
Total investment gains (losses), net (6) (7) (10) (6)  
Total revenues 178 190 362 393  
Closed Block Operations Benefits And Expense [Abstract]          
Policyholders benefits and dividends 198 195 385 400  
Other operating costs and expenses 0 0 0 1  
Total benefits and other deductions 198 195 385 401  
Net revenues, before income taxes (20) (5) (23) (8)  
Income tax (expense) benefit 7 2 8 3  
Net Revenues (13) (3) (15) (5)  
Movement In Closed Block Dividend Obligation [Roll Forward]          
Balances, beginning of year     260 119  
Unrealized investment gains (losses)     45 39  
Balances, End of year $ 305 $ 158 $ 305 $ 158