CONSOLIDATED STATEMENTS OF INCOME (LOSS) (UNAUDITED) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019		Jun. 30, 2018
REVENUES
Policy charges and fee income	$ 865	$ 883	$ 1,724		$ 1,744
Premiums	232	217	464		440
Net derivative gains (losses)	(178)	(285)	(1,733)		(1,102)
Net investment income (loss)	879	542	1,783		1,051
Investment gains (losses), net	(12)	(5)	(20)		82
Investment management and service fees	255	260	503		514
Other income	30	9	40		31
Total revenues	2,071	1,621	2,761		2,760
BENEFITS AND OTHER DEDUCTIONS
Policyholders’ benefits	868	1,301	1,687		1,781
Interest credited to policyholders’ account balances	288	240	557		495
Compensation and benefits	85	74	167		223
Commissions	152	159	309		319
Interest expense	0	9	4		18
Amortization of deferred policy acquisition costs	144	182	309		391
Other operating costs and expenses	216	2,313	400		2,563
Total benefits and other deductions	1,753	4,278	3,433		5,790
Income (loss) from continuing operations, before income taxes	318	(2,657)	(672)		(3,030)
Income tax (expense) benefit from continuing operations	(53)	552	109		632
Net income (loss) from continuing operations	265	(2,105)	(563)	[1]	(2,398)
Less: Net income (loss) from discontinued operations, net of taxes and noncontrolling interest	0	(21)	0		(50)
Net income (loss)	265	(2,084)	(563)		(2,348)
Less: Net income (loss) attributable to the noncontrolling interest	1	0	3		(1)
Net income (loss) attributable to AXA Equitable	$ 264	$ (2,084)	$ (566)		$ (2,347)

[1] Net income (loss) includes $311 million in the six months ended June 30, 2018 of the discontinued operations that are not included in Net income (loss) in the Consolidated Statements of Income (Loss).