XML 56 R46.htm IDEA: XBRL DOCUMENT v3.8.0.1
BUSINESS SEGMENT INFORMATION (Tables)
12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following tables reconcile segment revenues and income (loss) from operations before income taxes to total revenues and income (loss) as reported on the consolidated statements of income (loss) and segment assets to total assets on the consolidated balance sheets, respectively.
 
2016
 
2015
 
2014
 
(In millions)
Segment revenues:
 
 
 
 
 
Insurance(1)
$
6,158

 
$
6,026

 
$
10,650

Investment Management(2)
3,029

 
3,025

 
3,011

Consolidation/elimination
(27
)
 
(28
)
 
(27
)
Total Revenues
$
9,160

 
$
9,023

 
$
13,634



(1)
Includes investment expenses charged by AB of approximately $50 million, $45 million and $40 million for 2016, 2015 and 2014, respectively, for services provided to the Company.

(2)
Intersegment investment advisory and other fees of approximately $77 million, $73 million and $67 million for 2016, 2015 and 2014, respectively, are included in total revenues of the Investment Management segment.
 
2016
 
2015
 
2014
 
(In millions)
Segment income (loss) from operations, before income taxes:
 
 
 
 
 
Insurance
$
(320
)
 
$
425

 
$
3,624

Investment Management(1)
706

 
618

 
603

Consolidation/elimination
(1
)
 
(1
)
 

Total Income (Loss) from Operations, before Income Taxes
$
385

 
$
1,042

 
$
4,227


(1)
Net of interest expenses incurred on securities borrowed.
 
December 31,
 
2016
 
2015
 
(In millions)
Segment assets:
 
 
 
Insurance
$
191,216

 
$
183,473

Investment Management(1)
13,139

 
11,895

Consolidation/elimination
(3
)
 
(7
)
Total Assets
$
204,352

 
$
195,361