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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
Investments:    
Fixed maturities available for sale, at fair value (amortized cost of $34,831 and $32,123) $ 36,358 $ 32,570
Mortgage loans on real estate (net of valuation allowances of $8 and $8) 10,935 9,757
Real estate held for production of income [1] 390 56
Policy loans 3,315 3,361
Other equity investments [1] 1,351 1,323
Trading securities, at fair value 12,628 9,134
Other invested assets [1] 3,121 2,226
Total investments 68,098 58,427
Cash and cash equivalents [1] 3,409 2,950
Cash and securities segregated, at fair value 825 946
Broker-dealer related receivables 2,158 2,100
Deferred policy acquisition costs 4,547 5,058
Goodwill and other intangible assets, net 3,709 3,741
Amounts due from reinsurers 5,079 4,654
Loans to affiliates 703 703
Guaranteed minimum income benefit reinsurance asset, at fair value 10,488 10,314
Other assets [1] 4,432 4,260
Separate Accounts’ assets 122,537 111,403
Total Assets 225,985 204,556
LIABILITIES    
Policyholders' account balances 43,805 38,825
Future policy benefits and other policyholders liabilities 29,034 28,901
Broker-dealer related payables 764 484
Securities sold under agreements to repurchase 1,887 1,996
Customers related payables 2,229 2,360
Amounts due to reinsurers 134 125
Short-term and Long-term debt [1] 769 513
Current and deferred income taxes 1,973 2,834
Other liabilities [1] 2,663 2,108
Separate Accounts’ liabilities 122,537 111,403
Total liabilities 205,795 189,549
Redeemable Noncontrolling Interest [1] 626 403
AXA Equitable’s equity:    
Common stock, $1.25 par value, 2 million shares authorized, issued and outstanding 2 2
Capital in excess of par value 6,859 5,339
Retained earnings 9,010 6,150
Accumulated other comprehensive income (loss) 598 17
Total AXA Equitable’s equity 16,469 11,508
Noncontrolling interest 3,095 3,096
Total equity 19,564 14,604
Total Liabilities, Redeemable Noncontrolling Interest and Equity $ 225,985 $ 204,556
[1] See Note 2 for details of balances with variable interest entities.