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BUSINESS SEGMENT INFORMATION
 12 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Business Segment Information
BUSINESS SEGMENT INFORMATION
The following tables reconcile segment revenues and earnings (loss) from operations before income taxes to total revenues and earnings (loss) as reported on the consolidated statements of earnings (loss) and segment assets to total assets on the consolidated balance sheets, respectively.
 
2015
 
2014
 
2013
 
(In Millions)
Segment revenues:
 
 
 
 
 
Insurance(1)
$
6,822

 
$
12,656

 
$
(54
)
Investment Management(2)
3,025

 
3,011

 
2,915

Consolidation/elimination
(28
)
 
(27
)
 
(21
)
Total Revenues
$
9,819

 
$
15,640

 
$
2,840



(1)
Includes investment expenses charged by AB of approximately $45 million, $40 million and $37 million for 2015, 2014 and 2013, respectively, for services provided to the Company.

(2)
Intersegment investment advisory and other fees of approximately $73 million, $67 million and $58 million for 2015, 2014 and 2013, respectively, are included in total revenues of the Investment Management segment.
 
2015
 
2014
 
2013
 
(In Millions)
Segment earnings (loss) from operations, before income taxes:
 
 
 
 
 
Insurance
$
1,033

 
$
5,512

 
$
(5,872
)
Investment Management(1)
618

 
603

 
564

Consolidation/elimination
(1
)
 
—

 
(1
)
Total Earnings (Loss) from Operations, before Income Taxes
$
1,650

 
$
6,115

 
$
(5,309
)

(1)
Net of interest expenses incurred on securities borrowed.
 
December 31,
 
2015
 
2014
 
(In Millions)
Segment assets:
 
 
 
Insurance
$
182,738

 
$
184,018

Investment Management
11,895

 
11,990

Consolidation/elimination
(7
)
 
(3
)
Total Assets
$
194,626

 
$
196,005


In accordance with SEC regulations, the Investment Management segment includes securities with a fair value of $460 million and $415 million which have been segregated in a special reserve bank custody account at December 31, 2015 and 2014, respectively, for the exclusive benefit of securities broker-dealer or brokerage customers under the Exchange Act.