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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
 9 Months Ended
Sep. 30, 2018
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 Net income (loss). The balances as of September 30, 2018 and 2017 follow:
 
September 30,
 
2018
 
2017
 
(in millions)
Unrealized gains (losses) on investments
$
(839
)
 
$
369

Foreign currency translation adjustments
(47
)
 
(57
)
Defined benefit pension plans
(59
)
 
(48
)
Total accumulated other comprehensive income (loss)
(945
)
 
264

Less: Accumulated other comprehensive (income) loss attributable to noncontrolling interest
78

 
67

Accumulated other comprehensive income (loss) attributable to AXA Equitable
$
(867
)
 
$
331
Components of Accumulated Other Comprehensive Income (Loss), Net of Taxes
The components of OCI, net of taxes for the three and nine months ended September 30, 2018 and 2017 follow:
 
Three Months Ended September 30,
 
Nine Months Ended
 September 30,
 
2018
 
2017
 
2018
 
2017
 
(in millions)
Foreign currency translation adjustments:
 
 
 
 
 
 
 
Foreign currency translation gains (losses) arising during the period
$
1

 
$
6

 
$
(11
)
 
$
20

(Gains) losses reclassified into net income (loss) during the period
—

 
—

 
—

 
—

Foreign currency translation adjustment
1

 
6

 
(11
)
 
20

Net unrealized gains (losses) on investments:
 
 
 
 
 
 
 
Net unrealized gains (losses) arising during the period
(438
)
 
6

 
(1,770
)
 
458

(Gains) losses reclassified into net income (loss) during the period(1)
8

 
8

 
(59
)
 
6

Net unrealized gains (losses) on investments
(430
)
 
14

 
(1,829
)
 
464

Adjustments for policyholders’ liabilities, DAC, insurance liability loss recognition and other
26

 
(85
)
 
373

 
(128
)
Change in unrealized gains (losses), net of adjustments (net of deferred income tax expense (benefit) of $(107) million, $(38) million, $(387) million and $181 million)
(404
)
 
(71
)
 
(1,456
)
 
336

 
Three Months Ended September 30,
 
Nine Months Ended
 September 30,
 
2018
 
2017
 
2018
 
2017
 
(in millions)
Change in defined benefit plans:
 
 
 
 
 
 
 
Less: reclassification adjustments to net income (loss) for:
 
 
 
 
 
 
 
Amortization of net actuarial (gains) losses included in:
 
 
 
 
 
 
 
Amortization of net prior service cost included in net periodic cost
(3
)
 
(3
)
 
(8
)
 
(2
)
Change in defined benefit plans (net of deferred income tax expense (benefit) of $(1) million, $(2) million, $(2) million and $(1) million)
(3
)
 
(3
)
 
(8
)
 
(2
)
Total other comprehensive income (loss), net of income taxes
(406
)
 
(68
)
 
(1,475
)
 
354

Less: Other comprehensive (income) loss attributable to noncontrolling interest
3

 
(32
)
 
10

 
(19
)
Other comprehensive income (loss) attributable to AXA Equitable
$
(403
)
 
$
(100
)
 
$
(1,465
)
 
$
335

_______________
(1)
See “Reclassification adjustments” in Note 3. Reclassification amounts presented net of income tax expense (benefit) of $2 million, $(16) million, $4 million and $3 million, for the three and nine months ended September 30, 2018 and 2017, respectively.