CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Net earnings (loss)	$ (313)	$ 1,752
Adjustments to reconcile net earnings (loss) to net cash provided by (used in) operating activities:
Interest credited to policyholders’ account balances	548	245
Universal life and investment-type product policy fee income	(896)	(815)
(Increase) decrease in the fair value of the reinsurance contract asset	(514)	1,629
(Income) loss related to derivative instruments	57	(748)
Investment (gains) losses, net	11	(13)
Realized and unrealized (gains) losses on trading securities	(53)	(58)
Non-cash long term incentive compensation expense	8	1
Amortization of deferred sales commissions	9	11
Other depreciation and amortization	36	4
Amortization of deferred cost of reinsurance asset	50	9
Amortization of other intangible assets	8	7
Net broker-dealer and customer related receivables/payables	288	398
Reinsurance recoverable	(44)	(234)
Segregated cash and securities, net	(310)	(159)
Deferred policy acquisition costs	125	0
Future policy benefits	127	540
Current and deferred income taxes	(327)	750
Other, net	180	129
Net cash provided by (used in) operating activities	18	190
Cash flows from investing activities:
Fixed maturities, available for sale	864	1,255
Mortgage loans on real estate	209	167
Trading account securities	2,488	1,788
Fixed maturities, available for sale	(1,153)	(2,359)
Mortgage loans on real estate	(632)	(692)
Trading account securities	(3,622)	(2,100)
Cash settlements related to derivative instruments	(908)	458
Decrease in loans to affiliates	0	382
Change in short-term investments	254	(94)
Investment in capitalized software, leasehold improvements and EDP equipment	(18)	(20)
Other, net	71	62
Net cash provided by (used in) investing activities	(2,447)	(1,153)
Cash flows from financing activities:
Deposits	2,240	1,660
Withdrawals	(785)	(623)
Policyholders' accounts balance transfer (to) from Separate Accounts	176	349
Change in short-term financings	95	(98)
Change in collateralized pledged assets	714	36
Change in collateralized pledged liabilities	208	319
(Decrease) increase in overdrafts payable	50	(91)
Repurchase of AB Holding units	(31)	(40)
Distribution to noncontrolling interests in consolidated entities	(145)	(111)
Increase (decrease) in Securities sold under agreement to repurchase	(212)	147
(Increase) decrease in securities purchased under agreement to resell	0	(126)
Other, net	0	3
Net cash provided by (used in) financing activities	2,306	1,377
Effect of exchange rate changes on cash and cash equivalents	8	8
Change in cash and cash equivalents	(115)	422
Cash and cash equivalents, beginning of year	2,950	3,063
Cash and Cash Equivalents, End of Period	2,835	3,485
Variable Interest Entity, Primary Beneficiary
Cash flows from financing activities:
Distribution to noncontrolling interests in consolidated entities	$ (4)	$ (48)