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BUSINESS SEGMENT INFORMATION (Tables)
 9 Months Ended
Sep. 30, 2018
Segment Reporting [Abstract]  
Reconciliation of Operating Profit (Loss) from Segments to Consolidated
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 three and nine months ended September 30, 2018 and 2017, respectively:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2018
 
2017
 
2018
 
2017
 
(in millions)
Net income (loss) attributable to AXA Equitable
$
(511
)
 
$
21

 
$
(2,858
)
 
$
1,328

Adjustments related to:
 
 
 
 
 
 
 
Variable annuity product features (1)
1,393

 
457

 
2,580

 
(387
)
Investment (gains) losses
9

 
8

 
(73
)
 
9

Loss on the recapture of GMxB business previously ceded to AXA Arizona
(24
)
 
—

 
2,603

 
—

Net actuarial (gains) losses related to pension and other postretirement benefit obligations
17

 
24

 
130

 
72

Other adjustments
33

 
70

 
141

 
76

Income tax expense (benefit) related to above adjustments
(312
)
 
(233
)
 
(1,130
)
 
43

Non-recurring tax items
3

 
(7
)
 
26

 
(225
)
Non-GAAP Operating Earnings
$
608

 
$
340

 
$
1,419

 
$
916

 
 
 
 
 
 
 
 
Operating earnings (loss) by segment:
 
 
 
 
 
 
 
Individual Retirement
$
439

 
$
241

 
$
1,159

 
$
831

Group Retirement
121

 
97

 
255

 
210

Investment Management and Research
39

 
34

 
143

 
99

Protection Solutions
58

 
—

 
12

 
(83
)
Corporate and Other(1)
(49
)
 
(32
)
 
(150
)
 
(141
)
(1)
Includes interest expense of $12 million, $9 million, $34 million, and $20 million, for the three and nine months ended September 30, 2018 and 2017, respectively.
Reconciliation of Revenue from Segments to Consolidated
The table below presents segment revenues for the three and nine months ended September 30, 2018 and 2017.
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2018
 
2017
 
2018
 
2017
 
(in millions)
Segment revenues:
 
 
 
 
 
 
 
Individual Retirement(1)
$
1,080

 
$
841

 
$
2,761

 
$
2,679

Group Retirement(1)
259

 
266

 
745

 
704

Investment Management and Research(2)
850

 
788

 
2,602

 
2,303

Protection Solutions(1)
610

 
645

 
1,870

 
1,874

Corporate and Other(1)
185

 
240

 
580

 
710

Adjustments related to:
 
 
 
 
 
 
 
Variable annuity product features
(2,120
)
 
(384
)
 
(3,299
)
 
926

Investment gains (losses)
(9
)
 
(8
)
 
73

 
(9
)
Other adjustments to segment revenues
5

 
24

 
(42
)
 
68

Total revenues
$
860

 
$
2,412

 
$
5,290

 
$
9,255

_____________
(1)
Includes investment expenses charged by AB of approximately $12 million, $18 million, $44 million and $42 million for the three and nine months ended September 30, 2018 and 2017, respectively, for services provided to the Company.
(2)
Inter-segment investment management and other fees of approximately $19 million, $29 million, $65 million and $65 million for the three and nine months ended September 30, 2018 and 2017, respectively, are included in total revenues of the Investment Management and Research
Reconciliation of Assets from Segment to Consolidated
The table below presents Total assets by segment as of September 30, 2018 and December 31, 2017:
 
September 30,
2018
 
December 31,
2017
 
(in millions)
Total assets by segment:
 
 
 
Individual Retirement
$
110,810

 
$
120,608

Group Retirement
43,323

 
40,472

Investment Management and Research
9,052

 
10,079

Protection Solutions
37,272

 
34,296

Corporate and Other
21,047

 
20,475

Total assets
$
221,504

 
$
225,930