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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Statement of Cash Flows [Abstract]    
Net income (loss) $ (40) $ (54)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Interest credited to policyholders’ account balances (338) (279)
Policy charges and fee income (869) (852)
Net derivative (gains) losses 777 362
Investment (gains) losses, net (87) 11
Realized and unrealized (gains) losses on trading securities 63 (53)
Amortization of deferred compensation 12 8
Amortization of deferred sales commission 7 9
Other depreciation and amortization (23) 36
Amortization of deferred cost of reinsurance asset 46 50
Amortization of other intangibles 8 8
Distributions from joint ventures and limited partnerships 25 26
Deferred policy acquisition costs 10 29
Changes in:    
Net broker-dealer and customer related receivables/payables 283 288
Reinsurance recoverable 2 (23)
Segregated cash and securities, net (208) (310)
Future policy benefits (191) 241
Current and deferred income taxes (52) (188)
Other, net (122) 151
Net cash provided by (used in) operating activities (21) 18
Proceeds from the sale/maturity/prepayment of:    
Fixed maturities, available for sale 3,238 864
Mortgage loans on real estate 68 209
Trading account securities 1,606 2,488
Other 54 56
Payment For Purchase/Origination Of Productive Assets [Abstract]    
Fixed maturities, available for sale (2,313) (1,153)
Mortgage loans on real estate (447) (632)
Trading account securities (2,595) (3,622)
Other (48) (28)
Cash settlements related to derivative instruments (14) (908)
Change in short-term investments 396 254
Investment in capitalized software, leasehold improvements and EDP equipment (24) (18)
Other, net (560) 43
Net cash provided by (used in) investing activities (639) (2,447)
Policyholders’ account balances:    
Deposits 2,366 2,240
Withdrawals (1,322) (785)
Transfer (to) from Separate Accounts (115) 176
Change in short-term financings (76) 95
Change in collateralized pledged assets (5) 714
Change in collateralized pledged liabilities (31) 208
(Decrease) increase in overdrafts payable 7 50
Repurchase of AB Holding units (2) (31)
Redemptions of non-controlling interests of consolidated VIEs, net 373 (4)
Distribution to noncontrolling interests in consolidated subsidiaries (176) (145)
Increase (decrease) in Securities sold under agreement to repurchase 17 (212)
Other, net 4 0
Net cash provided by (used in) financing activities 1,040 2,306
Effect of exchange rate changes on cash and cash equivalents 8 8
Change in cash and cash equivalents 388 (115)
Cash and cash equivalents, beginning of year 3,409 [1] 2,950
Cash and Cash Equivalents, End of Period $ 3,797 [1] $ 2,835
[1] See Note 2 for details of balances with variable interest entities.