DISCONTINUED OPERATIONS (Tables)

3 Months Ended

Mar. 31, 2019

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations

The table below presents AB’s revenues recognized in three months ended March 31, 2018, disaggregated by category:

	Three Months Ended March 31, 2018
	(in millions)
Investment management and service fees:
Base fees	$	568
Performance-based fees	6
Research services	114
Distribution services	108
Shareholder services	20
Other	6
Total investment management and service fees	$	822

The following table presents the amounts related to the Net income of AB that has been reflected in Discontinued Operations:

	Three Months Ended March 31, 2018
	(in millions)
REVENUES
Net derivative gains (losses)	$	2
Net investment income (loss)	39
Investment management and service fees	803
Other income	2
Total revenues	846
BENEFITS AND OTHER DEDUCTIONS
Compensation and benefits	344
Distribution-related payments	110
Interest expense	2
Other operating costs and expenses	189
Total benefits and other deductions	645
Income from discontinued operations, before income taxes	201
Income tax expense	(17		)
Net income from discontinued operations, net of taxes	184
Less: Net income attributable to the noncontrolling interest	(155		)
Net income from discontinued operations, net of taxes and noncontrolling interest	$	29