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SEGMENT INFORMATION
 3 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
Segment Information
SEGMENT INFORMATION
The following tables reconcile segment revenues and earnings (loss) from continuing operations before income taxes to total revenues and earnings (loss) as reported on the consolidated statements of earnings (loss) and segment assets to total assets on the consolidated balance sheets.
 
Three Months Ended March 31,
 
2017
 
2016
 
(In Millions)
Segment revenues:
 
 
 
Insurance(1)
$
1,393

 
$
4,265

Investment Management(2)
756

 
769

Consolidation/elimination
(7
)
 
(5
)
Total Revenues
$
2,142

 
$
5,029

 
(1)
Includes investment expenses charged by AB of approximately $11 million and $12 million for the first quarters of 2017 and 2016, respectively, for services provided to the Insurance Segment.
(2)
Intersegment investment advisory and other fees of approximately $18 million and $17 million for the first quarters of 2017 and 2016, respectively, are included in total revenues of the Investment Management segment.

 
Three Months Ended March 31,
 
2017
 
2016
 
(In Millions)
Segment earnings (loss) from continuing operations, before income taxes:
 
 
 
Insurance
$
(724
)
 
$
2,333

Investment Management
152

 
169

Consolidation/elimination
(1
)
 
1

Total Earnings (Loss) from Continuing Operations, before income taxes
$
(573
)
 
$
2,503


 
 
March 31,
2017
 
December 31,
2016
 
(In Millions)
Segment assets:
 
 
 
Insurance
$
194,898

 
$
190,542

Investment Management(1)
14,200

 
13,139

Consolidation/elimination
—

 
(3
)
Total Assets
$
209,098

 
$
203,678

 
(1)
In accordance with SEC regulations, the assets of the Investment Management segment include securities with a fair value of $1,183 million and $893 million which have been segregated in a special reserve bank custody account at March 31, 2017 and December 31, 2016, respectively, for the exclusive benefit of securities broker-dealer or brokerage customers under the Exchange Act. They also include cash held in several special bank accounts for the exclusive benefit of customers. As of March 31, 2017 and December 31, 2016, $73 million and $53 million, respectively, of cash were segregated in these bank accounts.