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CONSOLIDATED BALANCE SHEET (UNAUDITED) - USD ($)
$ in Millions
Sep. 30, 2018
Dec. 31, 2017
ASSETS    
Fixed maturities available for sale, at fair value (amortized cost of $40,542 and $34,831) $ 39,754 $ 36,358
Mortgage loans on real estate (net of valuation allowance of $7 and $8) 12,053 10,935
Real estate held for production of income 54 390
Policy loans 3,269 3,315
Other equity investments 1,321 1,351
Trading securities, at fair value 14,760 12,628
Other invested assets 1,844 3,121
Total investments 73,055 68,098
Cash and cash equivalents 3,317 3,409
Cash and securities segregated, at fair value 1,263 825
Broker-dealer related receivables 2,224 2,158
Deferred policy acquisition costs 5,011 4,492
Goodwill and other intangible assets, net 3,687 3,709
Amounts due from reinsurers 3,069 5,079
Loans to affiliates 800 703
GMIB reinsurance contract asset, at fair value 1,571 10,488
Current and deferred income taxes 456 0
Other Assets 3,182 4,432
Separate Accounts assets 123,869 122,537
Total Assets 221,504 225,930
LIABILITIES    
Policyholders’ account balances 46,508 43,805
Future policy benefits and other policyholders liabilities 28,325 29,070
Broker-dealer related payables 395 764
Securities sold under agreements to repurchase 1,900 1,887
Customer related payables 2,781 2,229
Amounts due to reinsurers 78 134
Short-term and Long-term debt 398 769
Current and deferred income taxes 0 1,954
Other liabilities 2,205 2,663
Separate Accounts liabilities 123,869 122,537
Total Liabilities 206,459 205,812
Redeemable noncontrolling interest [1] 143 626
Commitments and contingent liabilities 0 0
AXA Equitable's Equity    
Common stock, $1.25 par value; 2,000,000 shares authorized, issued and outstanding 2 2
Capital in excess of par value 7,771 6,859
Retained earnings 4,988 8,938
Accumulated other comprehensive income (loss) (867) 598
Total AXA Equitable’s equity 11,894 16,397
Noncontrolling interest 3,008 3,095
Total equity 14,902 19,492
Total Liabilities, Redeemable Noncontrolling Interest and Equity $ 221,504 $ 225,930
[1] See Note 2 for details of balances with variable interest entities.