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CONSOLIDATED STATEMENTS OF EARNINGS (LOSS) (USD $)
In Millions
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
REVENUES        
Universal life and investment-type product policy fee income $ 862 $ 813 $ 1,809 $ 1,588
Premiums 378 383 771 773
Net investment income (loss):        
Investment income (loss) from derivative instruments 560 3,141 (315) 2,804
Other Investment Income Loss 849 816 1,648 1,600
Total net investment income (loss) 1,409 3,957 1,333 4,404
Investment gains (losses), net:        
Total other-than-temporary impairment losses (25) (52) (25) (96)
Portion of loss recognized in other comprehensive income (loss) 1 3 1 6
Net impairment losses recognized (24) (49) (24) (90)
Other investment gains (losses), net (4) 3 (5) 27
Total investment gains (losses), net (28) (46) (29) (63)
Commissions, fees and other income 1,023 926 2,069 1,894
Increase (decrease) in fair value of reinsurance contracts 134 622 (67) 586
Total revenues 3,778 6,655 5,886 9,182
BENEFITS AND OTHER DEDUCTIONS        
Policyholders benefits 947 1,499 1,734 2,401
Interest credited to policyholders account balances 278 247 549 512
Compensation and benefits 604 559 1,208 1,177
Commissions 274 238 528 459
Distribution related payments 78 71 153 138
Amortization of deferred sales commissions 10 12 20 24
Interest expense 84 93 168 188
Amortization of deferred policy acquisition costs and value of business acquired 287 1,170 559 1,103
Capitalization of deferred policy acquisition costs (256) (236) (486) (455)
Rent expense 69 65 139 137
Amortization Of Intangible Assets 10 10 20 20
Other operating costs and expenses 343 288 659 570
Total benefits and other deductions 2,728 4,016 5,251 6,274
Earnings (loss) from continuing operations, before income taxes 1,050 2,639 635 2,908
Income tax (expense) benefit (329) (890) (159) (812)
Net earnings (loss) 721 1,749 476 2,096
Less: net (earnings) loss attributable to the noncontrolling interest (49) (43) (109) (103)
Net Earnings (Loss) Attributable to AXA Financial $ 672 $ 1,706 $ 367 $ 1,993