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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
ASSETS    
Fixed maturities available for sale, at fair value (amortized cost of $31,201 and 30,795) $ 31,893 $ 33,034
Mortgage loans on real estate (net of valuation allowances of $6 and $37) 7,171 6,463
Policy loans 3,393 3,408
Other equity investments 1,477 1,757
Trading securities, at fair value 6,805 5,143
Other invested assets 1,788 1,978
Total investments 52,527 51,783
Cash and cash equivalents 3,028 2,716
Cash and securities segregated, at fair value 565 476
Broker-dealer related receivables 1,971 1,899
Securities purchased under agreements to resell 79 0
Deferred policy acquisition costs 4,469 4,271
Goodwill and other intangible assets, net 3,733 3,762
Amounts due from reinsurers 4,466 4,051
Loans to affiliates 1,087 1,087
Guaranteed minimum income benefit reinsurance asset, at fair value 10,570 10,711
Other assets 4,634 4,190
Separate Accounts’ assets 107,497 111,059
Total Assets 194,626 196,005
LIABILITIES    
Policyholders’ account balances 33,033 31,848
Future policy benefits and other policyholders liabilities 24,531 23,484
Broker-dealer related payables 404 551
Securities sold under agreements to repurchase 1,890 950
Customers related payables 1,715 1,501
Amounts due to reinsurers 131 74
Short-term debt 584 689
Current and deferred income taxes 4,647 4,785
Other liabilities 2,586 2,939
Separate Accounts’ liabilities 107,497 111,059
Total liabilities 177,018 177,880
Redeemable Noncontrolling Interest 13 17
AXA Equitable’s equity:    
Common stock, $1.25 par value, 2 million shares authorized, issued and outstanding 2 2
Capital in excess of par value 5,321 5,957
Retained earnings 8,958 8,809
Accumulated other comprehensive income (loss) 228 351
Total AXA Equitable’s equity 14,509 15,119
Noncontrolling interest 3,086 2,989
Total equity 17,595 18,108
Total Liabilities, Redeemable Noncontrolling Interest and Equity $ 194,626 $ 196,005