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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
 9 Months Ended
Sep. 30, 2017
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
AOCI represents cumulative gains (losses) on items that are not reflected in income (loss). The balances as of September 30, 2017 and 2016 follow:
 
September 30,
 
2017
 
2016
 
(in millions)
Unrealized gains (losses) on investments
$
400

 
$
1,560

Foreign currency translation adjustments
(57
)
 
(56
)
Defined benefit pension plans
(48
)
 
(43
)
Total accumulated other comprehensive income (loss)
295

 
1,461

Less: Accumulated other comprehensive (income) loss attributable to noncontrolling interest
67

 
68

Accumulated other comprehensive income (loss) attributable to AXA Equitable
$
362

 
$
1,529
Components of Accumulated Other Comprehensive Income (Loss), Net of Taxes
The components of OCI, net-of-taxes for the third quarter and first nine months of 2017 and 2016 follow:

 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2017
 
2016
 
2017
 
2016
 
(in millions)
Foreign currency translation adjustments:
 
 
 
 
 
 
 
Foreign currency translation gains (losses) arising during the period
$
6

 
$
(1
)
 
$
20

 
$
3

(Gains) losses reclassified into net income (loss) during the period
—

 
—

 
—

 
—

Foreign currency translation adjustment
6

 
(1
)
 
20

 
3

Net unrealized gains (losses) on investments:
 
 
 
 
 
 
 
Net unrealized gains (losses) arising during the period
6

 
(10
)
 
458

 
1,568

(Gains) losses reclassified into net income (loss) during the period(1)
8

 
1

 
6

 
(14
)
Net unrealized gains (losses) on investments
14

 
(9
)
 
464

 
1,554

Adjustments for policyholders’ liabilities, DAC, insurance liability loss recognition and other
(69
)
 
25

 
(102
)
 
(212
)
Change in unrealized gains (losses), net of adjustments (net of deferred income tax expense (benefit) of $(2), $7, $234, and $20
(55
)
 
16

 
362

 
1,342

Change in defined benefit plans:
 
 
 
 
 
 
 
Less: reclassification adjustments to net income (loss) for:
 
 
 
 
 
 
 
Net gain (loss) arising during the period
(3
)
 
—

 
(2
)
 
—

Change in defined benefit plans (net of deferred income tax expense (benefit) of $0, $0, $1 and $0.
(3
)
 
—

 
(2
)
 
—

Total other comprehensive income (loss), net of income taxes
(52
)
 
15

 
380

 
1,345

Less: Other comprehensive (income) loss attributable to noncontrolling interest
(32
)
 
(1
)
 
(19
)
 
(1
)
Other comprehensive income (loss) attributable to AXA Equitable
$
(84
)
 
$
14

 
$
361

 
$
1,344


(1)
See “Reclassification adjustments” in Note 3. Reclassification amounts presented net of income tax expense (benefit) of $4 million, $3 million, $1 million and $(8) million, for the third quarter and first nine months of 2017 and 2016, respectively.