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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
3 Months Ended
Mar. 31, 2017
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
AOCI represents cumulative gains (losses) on items that are not reflected in earnings (loss). The balances as of March 31, 2017 and 2016 follow:

 
March 31,
 
2017
 
2016
 
(In Millions)
Unrealized gains (losses) on investments
$
188

 
$
1,041

Foreign currency translation adjustments
(42
)
 
(50
)
Defined benefit pension plans
(46
)
 
(43
)
Total accumulated other comprehensive income (loss)
100

 
948

Less: Accumulated other comprehensive (income) loss attributable to noncontrolling interest
79

 
66

Accumulated Other Comprehensive Income (Loss) Attributable to AXA Equitable
$
179

 
$
1,014

Components of Accumulated Other Comprehensive Income (Loss), Net of Taxes
The components of OCI, net-of-taxes for the first quarters of 2017 and 2016 follow:

 
Three Months Ended March 31,
 
2017
 
2016
 
(In Millions)
Foreign currency translation adjustments:
 
 
 
Foreign currency translation gains (losses) arising during the period
$
35

 
$
9

(Gains) losses reclassified into net earnings (loss) during the period

 

Foreign currency translation adjustment
35

 
9

Net unrealized gains (losses) on investments:
 
 
 
Net unrealized gains (losses) arising during the period
140

 
814

(Gains) losses reclassified into net earnings (loss) during the period(1)
(23
)
 
14

Net unrealized gains (losses) on investments
117

 
828

Adjustments for policyholders’ liabilities, DAC, insurance liability loss recognition and other
27

 
(48
)
Change in unrealized gains (losses), net of adjustments (net of deferred income tax expense (benefit) of $78 and $427)
144

 
780

Change in defined benefit plans:
 
 
 
Less: reclassification adjustments to net earnings (loss) for:
 
 
 
Net gain (loss) arising during the period

 

Amortization of net prior service cost included in net periodic cost

 

Change in defined benefit plans (net of deferred income tax expense (benefit) of $0 and $0.

 

Total other comprehensive income (loss), net of income taxes
179

 
789

Less: Other comprehensive (income) loss attributable to noncontrolling interest
(7
)
 
(3
)
Other Comprehensive Income (Loss) Attributable to AXA Equitable
$
172

 
$
786


(1)
See “Reclassification adjustments” in Note 3. Reclassification amounts presented net of income tax expense (benefit) of $13 million and $(8) million, for the first quarters of 2017 and 2016, respectively.