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SEGMENT INFORMATION
 6 Months Ended
Jun. 30, 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 June 30,
 
Six Months Ended June 30,
 
2017
 
2016
 
2017
 
2016
 
(In Millions)
Segment revenues:
 
 
 
 
 
 
 
Insurance(1)
$
3,767

 
$
3,582

 
$
5,160

 
$
7,847

Investment Management(2)
813

 
724

 
1,569

 
1,493

Consolidation/elimination
(5
)
 
(7
)
 
(12
)
 
(12
)
Total Revenues
$
4,575

 
$
4,299

 
$
6,717

 
$
9,328

 
(1)
Includes investment expenses charged by AB of approximately $13 million, $24 million, $13 million and $25 million for the second quarter and first six months of 2017 and 2016, respectively, for services provided to the Insurance Segment.
(2)
Intersegment investment advisory and other fees of approximately $18 million, $36 million, $20 million and $37 million for the second quarter and first six months of 2017 and 2016, respectively, are included in total revenues of the Investment Management segment.
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2017
 
2016
 
2017
 
2016
 
(In Millions)
Segment earnings (loss) from continuing operations, before income taxes:
 
 
 
 
 
 
 
Insurance
$
1,628

 
$
1,456

 
$
904

 
$
3,789

Investment Management
168

 
138

 
320

 
307

Consolidation/elimination
1

 
—

 
—

 
1

Total Earnings (Loss) from Continuing Operations, before income taxes
$
1,797

 
$
1,594

 
$
1,224

 
$
4,097


 
 
June 30,
2017
 
December 31,
2016
 
(In Millions)
Segment assets:
 
 
 
Insurance
$
201,076

 
$
190,583

Investment Management(1)
13,865

 
13,139

Consolidation/elimination
—

 
(3
)
Total Assets
$
214,941

 
$
203,719

 
(1)
In accordance with SEC regulations, the assets of the Investment Management segment include securities with a fair value of $1,007 million and $893 million which have been segregated in a special reserve bank custody account at June 30, 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 June 30, 2017 and December 31, 2016, $71 million and $53 million, respectively, of cash were segregated in these bank accounts.