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CONSOLIDATED BALANCE SHEET (UNAUDITED) - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
ASSETS    
Fixed maturities available for sale, at fair value (amortized cost of $33,438 and $34,831) $ 33,630 $ 36,358
Mortgage loans on real estate (net of valuation allowance of $7 and $8) 11,316 10,935
Real estate held for production of income [1] 52 390
Policy loans 3,305 3,315
Other equity investments [1] 1,217 1,351
Trading securities, at fair value 13,457 12,628
Other invested assets [1] 3,574 3,121
Total investments 66,551 68,098
Cash and cash equivalents [1] 3,797 3,409
Cash and securities segregated, at fair value 1,025 825
Broker-dealer related receivables 2,300 2,158
Deferred policy acquisition costs 4,826 4,547
Goodwill and other intangible assets, net 3,702 3,709
Amounts due from reinsurers 5,037 5,079
Loans to affiliates 702 703
GMIB reinsurance contract asset, at fair value 9,673 10,488
Other assets [1] 4,943 4,432
Separate Accounts assets 119,868 122,537
Total Assets 222,424 225,985
LIABILITIES    
Policyholders’ account balances 44,260 43,805
Future policy benefits and other policyholders’ liabilities 28,374 29,034
Broker-dealer related payables 459 764
Securities sold under agreements to repurchase 1,904 1,887
Customers related payables 2,549 2,229
Amounts due to reinsurers 94 134
Short-term and Long-term debt [1] 490 769
Current and deferred income taxes 1,728 1,973
Other liabilities [1] 3,041 2,663
Separate Accounts liabilities 119,868 122,537
Total liabilities 202,767 205,795
Redeemable noncontrolling interest [1] 1,024 626
Commitments and contingent liabilities
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 6,877 6,859
Retained earnings 8,824 9,010
Accumulated other comprehensive income (loss) (158) 598
Total AXA Equitable’s equity 15,545 16,469
Noncontrolling interest 3,088 3,095
Total equity 18,633 19,564
Total Liabilities, Redeemable Noncontrolling Interest and Equity $ 222,424 $ 225,985
[1] See Note 2 for details of balances with variable interest entities.