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CONSOLIDATED BALANCE SHEET (UNAUDITED) - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
ASSETS    
Fixed maturities available-for-sale, at fair value (amortized cost of $50,161 and $42,492) $ 52,785 $ 41,915
Mortgage loans on real estate (net of valuation allowance of $0 and $7) 12,270 11,818
Real estate held for production of income [1] 48 52
Policy loans 3,263 3,267
Other equity investments [1] 1,130 1,144
Trading securities, at fair value 9,253 15,166
Other invested assets 1,772 1,554
Total investments 80,521 74,916
Cash and cash equivalents 3,093 2,622
Deferred policy acquisition costs 4,440 5,011
Amounts due from reinsurers 3,017 3,124
Loans to affiliates 600 600
GMIB reinsurance contract asset, at fair value 2,196 1,991
Current and deferred income taxes 0 438
Other assets 2,932 2,763
Separate Accounts assets 120,378 108,487
Total Assets 217,177 199,952
LIABILITIES    
Policyholders’ account balances 49,594 46,403
Future policy benefits and other policyholders' liabilities 31,276 29,808
Broker-dealer related payables 120 69
Securities sold under agreements to repurchase 0 573
Amounts due to reinsurers 88 113
Loans from affiliates 0 572
Current and deferred income taxes 201 0
Other liabilities 1,546 1,460
Separate Accounts liabilities 120,378 108,487
Total Liabilities 203,203 187,485
Redeemable noncontrolling interest (2) [2] 42 39
Commitments and contingent liabilities (Note 12)
Equity attributable to AXA Equitable:    
Common stock, $1.25 par value; 2,000,000 shares authorized, issued and outstanding 2 2
Additional paid-in capital 7,822 7,807
Retained earnings 4,532 5,098
Accumulated other comprehensive income (loss) 1,564 (491)
Total AXA Equitable’s equity 13,920 12,416
Noncontrolling interest 12 12
Total equity 13,932 12,428
Total Liabilities, Redeemable Noncontrolling Interest and Equity $ 217,177 $ 199,952
[1] See Note 2 for details of balances with variable interest entities
[2] See Note 12 for detail of Redeemable noncontrolling interest.