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RELATED PARTY TRANSACTIONS (Tables)
12 Months Ended
Dec. 31, 2019
Related Party Transactions [Abstract]  
Related Party Transactions
The assets received and the assets removed were as follows:        
 
As of April 12, 2018
 
(in millions)
 
Assets Received
Assets Removed
Assets at fair value:
 
 
Fixed income securities
$
7,083

 
Short-term investments
205

 
Money market funds
2

 
Accrued interest
43

 
Derivatives
282

 
Cash and cash equivalents
1,273

 
 Total
$
8,888

 
 
 
 
Deferred cost of reinsurance asset
 
$
1,839

GMDB ceded reserves
 
2,317

GMIB reinsurance contract asset
 
7,463

Payable to AXA RE Arizona
 
270

Total
 
$
11,889

The table below summarizes the fees received/paid by the Company and the expenses reimbursed to/from the Company in connection with certain services described above for the years ended December 31, 2019, 2018 and 2017.
 
Years ended December 31,
 
2019
 
2018
 
2017
 
(in millions)
Revenue received or accrued for:
 
 
 
 
 
Investment management and administrative services provided to EQAT, Equitable Premier VIP Trust, 1290 Funds and Other AXA Trusts
$
669

 
$
727

 
$
720

General services provided to affiliates (1)
460

 
463

 
439

Amounts received or accrued for commissions and fees earned for sale of Equitable America’s insurance products
39

 
44

 
45

Total
$
1,167

 
$
1,234

 
$
1,204

 
 
 
 
 
 
Expenses paid or accrued for:
 
 
 
 
 
Paid or accrued commission and fee expenses for sale of insurance products by AXA Equitable Distribution
$
573

 
$
613

 
$
608

General services provided by affiliates (1)
76

 
109

 
186

Investment management services provided by AXA IM, AXA REIM and AXA Rosenberg
5

 
2

 
5

Total
$
654

 
$
724

 
$
799