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INVESTMENTS (EQUITY METHOD INVESTMENTS) (Details) - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2017
Dec. 31, 2016
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]          
Balance at January 1, $ 64 $ 63      
Equity in income (loss) of AllianceBernstein 6 6 $ 5    
Dividends received (6) (5)      
Balance at December 31, 64 64 63    
Equity Method Investment, Summarized Financial Information [Abstract]          
Total Assets       $ 9,295 $ 8,740
Total Liabilities       4,630 4,279
Redeemable non-controlling interest       602 393
Total Partners’ Capital       4,063 4,068
Total Liabilities and Partners’ Capital       9,295 8,740
MLOA’s Equity investment in AB 64 63 63 $ 64 64
Equity Method Investment, Summarized Financial Information, Income Statement [Abstract]          
Total Revenues 3,299 3,029 3,021    
Total Expenses 2,525 2,306 2,390    
Net Income (Loss) 721 695 587    
Equity in income (loss) of AllianceBernstein $ 6 $ 6 $ 5    
AB Investment          
Schedule of Equity Method Investments [Line Items]          
Investments units in Alliance Bernstein (in shares)       2.6  
Equity method investment, ownership percentage       0.95%  
Equity method investments, fair value       $ 65 $ 61