CONSOLIDATED STATEMENTS OF INCOME (LOSS) (UNAUDITED) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
REVENUES
Policy charges and fee income	$ 869	$ 852
Premiums	223	232
Net derivative gains (losses)	(777)	(362)
Net investment income (loss)	548	630
Investment gains (losses), net:
Total other-than-temporary impairment losses	0	0
Other investment gains (losses), net	87	(11)
Total investment gains (losses), net	87	(11)
Investment management and service fees	1,057	956
Other income	24	17
Total revenues	2,031	2,314
BENEFITS AND OTHER DEDUCTIONS
Policyholders’ benefits	489	975
Interest credited to policyholders’ account balances	338	279
Compensation and benefits (includes $31 and $33 of deferred acquisition costs)	456	438
Commissions and distribution related payments (includes $100 and $115 of deferred acquisition costs)	371	382
Interest expense	11	5
Amortization of deferred policy acquisition costs (net of capitalization of $132 and $149)	10	29
Other operating costs and expenses (includes $1 and $1 of deferred acquisition costs)	440	381
Total benefits and other deductions	2,115	2,489
Income (loss) from continuing operations, before income taxes	(84)	(175)
Income tax (expense) benefit	44	121
Net income (loss)	(40)	(54)
Less: net (income) loss attributable to the noncontrolling interest	(154)	(118)
Net income (loss) attributable to AXA Equitable	$ (194)	$ (172)