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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
 3 Months Ended
Mar. 31, 2018
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 Net income (loss). The balances as of March 31, 2018 and 2017 follow:
 
March 31,
 
2018
 
2017
 
(in millions)
Unrealized gains (losses) on investments
$
(124
)
 
$
146

Foreign currency translation adjustments
(40
)
 
(42
)
Defined benefit pension plans
(55
)
 
(46
)
Total accumulated other comprehensive income (loss)
(219
)
 
58

Less: Accumulated other comprehensive (income) loss attributable to noncontrolling interest
61

 
79

Accumulated other comprehensive income (loss) attributable to AXA Equitable
$
(158
)
 
$
137
Components of Accumulated Other Comprehensive Income (Loss), Net of Taxes
The components of OCI, net of taxes for the first quarters of 2018 and 2017 follow:
 
Three Months Ended March 31,
 
2018
 
2017
 
(in millions)
Foreign currency translation adjustments:
 
 
 
Foreign currency translation gains (losses) arising during the period
$
(4
)
 
$
35

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

 
—

Foreign currency translation adjustment
(4
)
 
35

Net unrealized gains (losses) on investments:
 
 
 
Net unrealized gains (losses) arising during the period
(70
)
 
140

(Gains) losses reclassified into net income (loss) during the period(1)
(985
)
 
(23
)
Net unrealized gains (losses) on investments
(1,055
)
 
117

Adjustments for policyholders’ liabilities, DAC, insurance liability loss recognition and other
314

 
(25
)
Change in unrealized gains (losses), net of adjustments (net of deferred income tax expense (benefit) of $(197) and $50)
(741
)
 
92

Change in defined benefit plans:
 
 
 
Less: reclassification adjustments to net income (loss) for:
 
 
 
Net gain (loss) arising during the period
(4
)
 
—

Amortization of net actuarial (gains) losses included in
 
 
 
Amortization of net prior service cost included in net periodic cost
—

 
—

Change in defined benefit plans (net of deferred income tax expense (benefit) of $0 and $0.
(4
)
 
—

Total other comprehensive income (loss), net of income taxes
(749
)
 
127

Less: Other comprehensive (income) loss attributable to noncontrolling interest
(7
)
 
(7
)
Other comprehensive income (loss) attributable to AXA Equitable
$
(756
)
 
$
120

(1)
See “Reclassification adjustments” in Note 3. Reclassification amounts presented net of income tax expense (benefit) of $(262) million and $13 million, for the first quarters of 2018 and 2017, respectively.