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BUSINESS SEGMENT INFORMATION (Tables)
 12 Months Ended
Dec. 31, 2017
Segment Reporting [Abstract]  
Reconciliation of Segment Operating Earnings (Loss) to Net Income (Loss)
The table below presents operating earnings (loss) by segment and Corporate and Other and a reconciliation to Net income (loss) attributable to AXA Equitable for the years ended December 31, 2017, 2016 and 2015, respectively:

 
Year Ended December 31,
 
2017
 
2016
 
2015
 
(in millions)
Net income (loss) attributable to AXA Equitable
$
2,860

 
$
210

 
$
662

Adjustments related to:
 
 
 
 
 
GMxB features
282

 
1,511

 
818

Investment (gains) losses
125

 
(16
)
 
20

Investment income (loss) from certain derivative instruments
18

 
6

 
(104
)
Net actuarial (gains) losses related to pension and other postretirement benefit obligations
132

 
135

 
137

Other adjustments
49

 
15

 
(11
)
Income tax expense (benefit) related to above adjustments
(183
)
 
(566
)
 
(279
)
Non-recurring tax items
(1,538
)
 
22

 
(78
)
Non-GAAP Operating Earnings
$
1,745


$
1,317


$
1,165

Operating earnings (loss) by segment:
 
 
 
 
 
Individual Retirement
$
1,230

 
$
1,026

 
$
911

Group Retirement
287

 
173

 
166

Investment Management and Research
139

 
108

 
136

Protection Solutions
210

 
105

 
108

Corporate and Other(1)
(121
)
 
(95
)
 
(156
)
(1)
Includes interest expense of $23 million, $13 million and $19 million, in 2017, 2016 and 2015, respectively.
Reconciliation of Segment Revenues
The table below presents Segment revenues for the years ended December 31, 2017, 2016 and 2015.
 
Year Ended December 31,
 
2017
 
2016
 
2015
 
(in millions)
Segment revenues:
 
 
 
 
 
Individual Retirement(1)
$
3,788

 
$
3,239

 
$
2,548

Group Retirement(1)
972

 
822

 
806

Investment Management and Research(2)
3,214

 
2,931

 
3,015

Protection Solutions(1)
2,417

 
2,544

 
2,451

Corporate and Other(1)
907

 
935

 
913

Adjustments related to:
 
 
 
 
 
GMxB features
381

 
(1,500
)
 
(818
)
Investment gains (losses)
(125
)
 
16

 
(20
)
Investment income (loss) from certain derivative instruments
(18
)
 
(6
)
 
104

Other adjustments to segment revenues
197

 
157

 
(38
)
Total revenues
$
11,733

 
$
9,138

 
$
8,961

(1)
Includes investment expenses charged by AB of approximately $52 million, $50 million, and $45 million for 2017, 2016 and 2015, respectively, for services provided to the Company.    
(2)
Inter-segment investment management and other fees of approximately $81 million, $77 million, and $73 million for 2017, 2016 and 2015, respectively, are included in segment revenues of the Investment Management and Research segment.
Reconciliation of Segment Assets
The table below presents Total assets by segment as of December 31, 2017 and 2016:
 
December 31,
 
2017
 
2016
 
(in millions)
Total assets by segment:
 
 
 
Individual Retirement
$
120,612

 
$
106,249

Group Retirement
40,472

 
33,300

Investment Management and Research
10,079

 
9,533

Protection Solutions
34,328

 
32,310

Corporate and Other
20,494

 
23,164

Total assets
$
225,985

 
$
204,556