INVESTMENTS (EQUITY METHOD INVESTMENTS) (Details) - USD ($)
shares in Millions, $ in Millions |
12 Months Ended |
|
|
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2016 |
Dec. 31, 2015 |
| Schedule of Equity Method Investments [Line Items] |
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|
|
|
|
| Equity method investments, fair value |
|
|
|
$ 0
|
$ 1
|
| Investments in and Advances to Affiliates, at Fair Value [Roll Forward] |
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|
|
|
|
| Balance at January 1, |
$ 63
|
$ 63
|
|
|
|
| Equity in earnings (loss) of AllianceBernstein |
6
|
5
|
$ 1
|
|
|
| Dividends received |
(5)
|
(5)
|
|
|
|
| Other |
0
|
0
|
|
|
|
| Balance at December 31, |
64
|
63
|
63
|
|
|
| Equity Method Investment, Summarized Financial Information [Abstract] |
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|
|
|
|
| Total Assets |
|
|
|
8,740
|
7,436
|
| Total Liabilities |
|
|
|
4,279
|
3,368
|
| Redeemable non-controlling interest |
|
|
|
393
|
13
|
| Total Partner's Capital |
|
|
|
4,068
|
4,055
|
| Total Liabilities and Partners' Capital |
|
|
|
8,740
|
7,436
|
| MLOA's Equity investment in AllianceBernstein |
63
|
63
|
63
|
$ 64
|
63
|
| Equity Method Investment, Summarized Financial Information, Income Statement [Abstract] |
|
|
|
|
|
| Total Revenues |
3,029
|
3,021
|
3,005
|
|
|
| Total Expenses |
2,306
|
2,390
|
2,397
|
|
|
| Net Earnings (Loss) |
695
|
587
|
570
|
|
|
| MLOA's Equity in earnings (loss) of AllianceBernstein |
$ 6
|
$ 5
|
$ 1
|
|
|
| AB Investment |
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|
|
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| Schedule of Equity Method Investments [Line Items] |
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| Investments units in Alliance Bernstein |
|
|
|
2.6
|
|
| Equity method investment, ownership percentage |
|
|
|
1.00%
|
|
| Equity method investments, fair value |
|
|
|
$ 61
|
$ 62
|