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BUSINESS SEGMENT INFORMATION (Tables)
 3 Months Ended
Mar. 31, 2018
Segment Reporting [Abstract]  
Reconciliation of Operating Profit (Loss) from Segments to Consolidated
The table below presents operating earnings (loss) by segment and Corporate and Other and a reconciliation to Net income (loss) attributable to AXA Equitable for the first quarters of 2018 and 2017, respectively:
 
Three Months Ended March 31,
 
2018
 
2017
 
(in millions)
Net income (loss) attributable to AXA Equitable
$
(194
)
 
$
(172
)
Adjustments related to:
 
 
 
GMxB features
597

 
485

Investment (gains) losses
(87
)
 
11

Investment income (gain) loss from certain derivative instruments
(20
)
 
—

Net actuarial (gains) losses related to pension and other postretirement benefit obligations
23

 
27

Other adjustments
198

 
(20
)
Income tax expense (benefit) related to above adjustments
(139
)
 
(188
)
Non-recurring tax items
7

 
4

Non-GAAP Operating Earnings
$
385

 
$
147

Operating earnings (loss) by segment:
 
 
 
Individual Retirement
$
298

 
$
142

Group Retirement
70

 
50

Investment Management and Research
51

 
12

Protection Solutions
26

 
(34
)
Corporate and Other(1)
(60
)
 
(23
)
Total
$
385

 
$
147

(1)
Includes interest expense of $9 million and $4 million, for the first quarters of 2018 and 2017, respectively.
Reconciliation of Revenue from Segments to Consolidated
The table below presents Segment revenues for three months ended for the first quarters of 2018 and 2017.
 
Three Months Ended March 31,
 
2018
 
2017
 
(in millions)
Segment revenues:
 
 
 
Individual Retirement(1)
$
619

 
$
904

Group Retirement(1)
245

 
230

Investment Management and Research(2)
909

 
742

Protection Solutions(1)
644

 
633

Corporate and Other(1)
197

 
238

Adjustments related to:
 
 
 
GMxB features
(586
)
 
(485
)
Investment gains (losses)
87

 
(11
)
Investment income (loss) from certain derivative instruments
20

 
—

Other adjustments to segment revenues
(104
)
 
63

Total revenues
$
2,031

 
$
2,314

(1)
Includes investment expenses charged by AB of approximately $16 million and $15 million for the first quarters of 2018 and 2017, respectively, for services provided to the Company.
(2)
Inter-segment investment management and other fees of approximately $23 million and $22 million for the first quarters of 2018 and 2017, respectively, are included in total revenues of the Investment Management segment.
Reconciliation of Assets from Segment to Consolidated
The table below presents Total assets by segment as of March 31, 2018 and December 31, 2017:
 
March 31,
2018
 
December 31,
2017
 
(in millions)
Total assets by segment:
 
 
 
Individual Retirement
$
108,741

 
$
120,612

Group Retirement
42,731

 
40,472

Investment Management and Research
11,345

 
10,079

Protection Solutions
38,897

 
34,328

Corporate and Other
20,710

 
20,494

Total assets
$
222,424

 
$
225,985