2024 Q2 Form 10-Q Financial Statement

#000133398624000019 Filed on May 02, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1
Revenue $3.851B $4.706B
YoY Change -9.79% 45.07%
Cost Of Revenue $1.727B $1.681B
YoY Change 9.93% 6.59%
Gross Profit $2.124B $3.025B
YoY Change -21.28% 81.46%
Gross Profit Margin 55.15% 64.28%
Selling, General & Admin $577.0M $620.0M
YoY Change 1.94% 6.35%
% of Gross Profit 27.17% 20.5%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $189.0M $240.0M
YoY Change 21.15% 7.14%
% of Gross Profit 8.9% 7.93%
Operating Expenses $1.173B $1.345B
YoY Change -1.18% 16.15%
Operating Profit $951.0M $1.680B
YoY Change -37.06% 230.06%
Interest Expense -$270.0M -$1.433B
YoY Change -72.22% 58.87%
% of Operating Profit -28.39% -85.3%
Other Income/Expense, Net
YoY Change
Pretax Income $681.0M $247.0M
YoY Change 26.35% -153.81%
Income Tax $116.0M $30.00M
% Of Pretax Income 17.03% 12.15%
Net Earnings $402.0M $100.0M
YoY Change -45.16% -38.65%
Net Earnings / Revenue 10.44% 2.12%
Basic Earnings Per Share $1.24 $0.30
Diluted Earnings Per Share $1.23 $0.30
COMMON SHARES
Basic Shares Outstanding 325.2M shares 329.7M shares
Diluted Shares Outstanding 327.3M shares 332.7M shares

Balance Sheet

Concept 2024 Q2 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $9.684B $10.36B
YoY Change 25.88% 106.4%
Cash & Equivalents $9.684B $10.36B
Short-Term Investments
Other Short-Term Assets $592.0M $866.0M
YoY Change -32.65% -17.91%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $20.31B $21.42B
YoY Change 6.8% 28.03%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $103.5B $98.43B
YoY Change 10.48% 6.76%
Other Assets $6.924B $7.549B
YoY Change -2.18% 6.47%
Total Long-Term Assets $267.5B $264.2B
YoY Change 6.99% 7.92%
TOTAL ASSETS
Total Short-Term Assets $20.31B $21.42B
Total Long-Term Assets $267.5B $264.2B
Total Assets $287.8B $285.6B
YoY Change 6.97% 9.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $6.843B $6.718B
YoY Change 2.33% 12.06%
Total Short-Term Liabilities $12.85B $12.86B
YoY Change -5.71% 0.26%
LONG-TERM LIABILITIES
Long-Term Debt $3.830B $3.821B
YoY Change 0.29% 0.05%
Other Long-Term Liabilities $260.0B $257.4B
YoY Change 6.1% 8.13%
Total Long-Term Liabilities $3.830B $3.821B
YoY Change 0.29% 0.05%
TOTAL LIABILITIES
Total Short-Term Liabilities $12.85B $12.86B
Total Long-Term Liabilities $3.830B $3.821B
Total Liabilities $283.3B $280.8B
YoY Change 7.63% 9.95%
SHAREHOLDERS EQUITY
Retained Earnings $10.32B $10.11B
YoY Change -0.08% 3.1%
Common Stock $5.000M $5.000M
YoY Change 25.0% 25.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.644B $2.032B
YoY Change
Total Liabilities & Shareholders Equity $287.8B $285.6B
YoY Change 6.97% 9.21%

Cashflow Statement

Concept 2024 Q2 2024 Q1
OPERATING ACTIVITIES
Net Income $402.0M $100.0M
YoY Change -45.16% -38.65%
Depreciation, Depletion And Amortization $189.0M $240.0M
YoY Change 21.15% 7.14%
Cash From Operating Activities $892.0M $31.00M
YoY Change 147.09% -105.28%
INVESTING ACTIVITIES
Capital Expenditures $36.00M $63.00M
YoY Change -7.69% 250.0%
Acquisitions
YoY Change
Other Investing Activities -$5.209B -$394.0M
YoY Change 397.04% 1213.33%
Cash From Investing Activities -$5.245B -$2.682B
YoY Change 382.52% 87.55%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 3.364B $4.945B
YoY Change -0.88% 79.88%
NET CHANGE
Cash From Operating Activities 892.0M $31.00M
Cash From Investing Activities -5.245B -$2.682B
Cash From Financing Activities 3.364B $4.945B
Net Change In Cash -989.0M $2.284B
YoY Change -137.07% 207.82%
FREE CASH FLOW
Cash From Operating Activities $892.0M $31.00M
Capital Expenditures $36.00M $63.00M
Free Cash Flow $856.0M -$32.00M
YoY Change 165.84% -94.71%

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0.015
CY2023Q4 eqh Financing Receivable Modifications Contracts Modified During Period Percentage Of Loans
FinancingReceivableModificationsContractsModifiedDuringPeriodPercentageOfLoans
0.015
CY2023 eqh Number Of Troubled Debt Restructuring Extensions
NumberOfTroubledDebtRestructuringExtensions
2 extension
CY2023 eqh Number Of Loans
NumberOfLoans
4 loan
CY2024Q1 eqh Number Of Loans
NumberOfLoans
0 loan
CY2024Q1 eqh Net Investment Income Loss Equity Securities Change In Unrealized Holding Gain Loss
NetInvestmentIncomeLossEquitySecuritiesChangeInUnrealizedHoldingGainLoss
15000000 usd
CY2023Q1 eqh Net Investment Income Loss Equity Securities Change In Unrealized Holding Gain Loss
NetInvestmentIncomeLossEquitySecuritiesChangeInUnrealizedHoldingGainLoss
-3000000 usd
CY2024Q1 eqh Net Realized And Unrealized Gain Loss On Equity Securities
NetRealizedAndUnrealizedGainLossOnEquitySecurities
-1000000 usd
CY2023Q1 eqh Net Realized And Unrealized Gain Loss On Equity Securities
NetRealizedAndUnrealizedGainLossOnEquitySecurities
0 usd
CY2024Q1 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
14000000 usd
CY2023Q1 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
-3000000 usd
CY2024Q1 eqh Equity Investment Separate Accounts Carrying Value
EquityInvestmentSeparateAccountsCarryingValue
53000000 usd
CY2023Q4 eqh Equity Investment Separate Accounts Carrying Value
EquityInvestmentSeparateAccountsCarryingValue
49000000 usd
CY2024Q1 eqh Net Investment Income Loss Trading Securities Change In Unrealized Holding Gain Loss
NetInvestmentIncomeLossTradingSecuritiesChangeInUnrealizedHoldingGainLoss
36000000 usd
CY2023Q1 eqh Net Investment Income Loss Trading Securities Change In Unrealized Holding Gain Loss
NetInvestmentIncomeLossTradingSecuritiesChangeInUnrealizedHoldingGainLoss
35000000 usd
CY2024Q1 eqh Net Investment Income Loss Trading Securities Realized Gain Loss
NetInvestmentIncomeLossTradingSecuritiesRealizedGainLoss
1000000 usd
CY2023Q1 eqh Net Investment Income Loss Trading Securities Realized Gain Loss
NetInvestmentIncomeLossTradingSecuritiesRealizedGainLoss
-1000000 usd
CY2024Q1 eqh Net Investment Income Loss Trading Securities Net Realized And Unrealized Gain Loss
NetInvestmentIncomeLossTradingSecuritiesNetRealizedAndUnrealizedGainLoss
37000000 usd
CY2023Q1 eqh Net Investment Income Loss Trading Securities Net Realized And Unrealized Gain Loss
NetInvestmentIncomeLossTradingSecuritiesNetRealizedAndUnrealizedGainLoss
34000000 usd
CY2024Q1 eqh Net Investment Income Loss Trading Securities Interest And Dividend Income
NetInvestmentIncomeLossTradingSecuritiesInterestAndDividendIncome
11000000 usd
CY2023Q1 eqh Net Investment Income Loss Trading Securities Interest And Dividend Income
NetInvestmentIncomeLossTradingSecuritiesInterestAndDividendIncome
5000000 usd
CY2024Q1 eqh Net Investment Income Loss Trading Securities
NetInvestmentIncomeLossTradingSecurities
48000000 usd
CY2023Q1 eqh Net Investment Income Loss Trading Securities
NetInvestmentIncomeLossTradingSecurities
39000000 usd
CY2024Q1 eqh Net Investment Income Loss Fixed Maturities Change In Unrealized Holding Gain Loss
NetInvestmentIncomeLossFixedMaturitiesChangeInUnrealizedHoldingGainLoss
-3000000 usd
CY2023Q1 eqh Net Investment Income Loss Fixed Maturities Change In Unrealized Holding Gain Loss
NetInvestmentIncomeLossFixedMaturitiesChangeInUnrealizedHoldingGainLoss
4000000 usd
CY2024Q1 eqh Net Investment Income Loss Fixed Maturities Realized Gain Loss
NetInvestmentIncomeLossFixedMaturitiesRealizedGainLoss
1000000 usd
CY2023Q1 eqh Net Investment Income Loss Fixed Maturities Realized Gain Loss
NetInvestmentIncomeLossFixedMaturitiesRealizedGainLoss
-2000000 usd
CY2024Q1 eqh Net Investment Income Loss Fixed Maturities Net Realized And Unrealized Gain Loss
NetInvestmentIncomeLossFixedMaturitiesNetRealizedAndUnrealizedGainLoss
-2000000 usd
CY2023Q1 eqh Net Investment Income Loss Fixed Maturities Net Realized And Unrealized Gain Loss
NetInvestmentIncomeLossFixedMaturitiesNetRealizedAndUnrealizedGainLoss
2000000 usd
CY2024Q1 eqh Net Investment Income Loss Fixed Maturities Interest And Dividend Income
NetInvestmentIncomeLossFixedMaturitiesInterestAndDividendIncome
5000000 usd
CY2023Q1 eqh Net Investment Income Loss Fixed Maturities Interest And Dividend Income
NetInvestmentIncomeLossFixedMaturitiesInterestAndDividendIncome
7000000 usd
CY2024Q1 eqh Net Investment Income Loss Fixed Maturities
NetInvestmentIncomeLossFixedMaturities
3000000 usd
CY2023Q1 eqh Net Investment Income Loss Fixed Maturities
NetInvestmentIncomeLossFixedMaturities
9000000 usd
CY2024Q1 eqh Other Investment Income Loss Gross
OtherInvestmentIncomeLossGross
1245000000 usd
CY2023Q1 eqh Other Investment Income Loss Gross
OtherInvestmentIncomeLossGross
1016000000 usd
CY2024Q1 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
26000000 usd
CY2023Q1 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
26000000 usd
CY2024Q1 us-gaap Net Investment Income
NetInvestmentIncome
1219000000 usd
CY2023Q1 us-gaap Net Investment Income
NetInvestmentIncome
990000000 usd
CY2024Q1 eqh Gains Loss On Investments And Disposition Of Business
GainsLossOnInvestmentsAndDispositionOfBusiness
-39000000 usd
CY2023Q1 eqh Gains Loss On Investments And Disposition Of Business
GainsLossOnInvestmentsAndDispositionOfBusiness
-87000000 usd
CY2024Q1 eqh Interest Credited To Policyholders Account Balances Participating Group Annuity Contracts
InterestCreditedToPolicyholdersAccountBalancesParticipatingGroupAnnuityContracts
0 usd
CY2023Q1 eqh Interest Credited To Policyholders Account Balances Participating Group Annuity Contracts
InterestCreditedToPolicyholdersAccountBalancesParticipatingGroupAnnuityContracts
0 usd
CY2024Q1 eqh Collateral For Derivative Contract Cash And Securities
CollateralForDerivativeContractCashAndSecurities
12200000000 usd
CY2023Q4 eqh Collateral For Derivative Contract Cash And Securities
CollateralForDerivativeContractCashAndSecurities
9200000000 usd
CY2024Q1 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
215000000 usd
CY2023Q4 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
75000000 usd
CY2024Q1 us-gaap Schedule Of Closed Block Assets And Liabilities
ScheduleOfClosedBlockAssetsAndLiabilities
<div style="margin-bottom:9pt;margin-top:9pt;padding-left:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Summarized financial information for the Company’s Closed Block is as follows:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.707%"><tr><td style="width:1.0%"></td><td style="width:70.014%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.416%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.533%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.537%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="border-bottom:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31, 2024</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">December 31, 2023</span></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(in millions)</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Closed Block Liabilities:</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Future policy benefits, policyholders’ account balances and other</span></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">5,390</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,461 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other liabilities</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">69</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">57 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total Closed Block liabilities</span></td><td colspan="2" style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">5,459</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,518 </span></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Assets Designated to the Closed Block:</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fixed maturities AFS, at fair value (amortized cost of $2,949 and $2,945) (allowance for credit losses of $0 and $0)</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2,784</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,800 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mortgage loans on real estate (net of allowance for credit losses of $13 and $13)</span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,550</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,612 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Policy loans</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">541</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">554 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash and other invested assets</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">63</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">58 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other assets</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">163</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">150 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total assets designated to the Closed Block</span></td><td colspan="2" style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">5,101</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,174 </span></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Excess of Closed Block liabilities over assets designated to the Closed Block</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">358</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">344 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Amounts included in AOCI:</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:11.25pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net unrealized investment gains (losses), net of policyholders’ dividend obligation: $0 and $0; and net of income tax: $35 and $31</span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(130)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(115)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Maximum future earnings to be recognized from Closed Block assets and liabilities</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">228</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">229 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div>
CY2024Q1 us-gaap Closed Block Liabilities Future Policy Benefits And Policyholder Account Balances
ClosedBlockLiabilitiesFuturePolicyBenefitsAndPolicyholderAccountBalances
5390000000 usd
CY2023Q4 us-gaap Closed Block Liabilities Future Policy Benefits And Policyholder Account Balances
ClosedBlockLiabilitiesFuturePolicyBenefitsAndPolicyholderAccountBalances
5461000000 usd
CY2024Q1 us-gaap Closed Block Liabilities Other Closed Block Liabilities
ClosedBlockLiabilitiesOtherClosedBlockLiabilities
69000000 usd
CY2023Q4 us-gaap Closed Block Liabilities Other Closed Block Liabilities
ClosedBlockLiabilitiesOtherClosedBlockLiabilities
57000000 usd
CY2024Q1 us-gaap Closed Block Liabilities
ClosedBlockLiabilities
5459000000 usd
CY2023Q4 us-gaap Closed Block Liabilities
ClosedBlockLiabilities
5518000000 usd
CY2024Q1 us-gaap Closed Block Investments Fixed Maturity Available For Sale Amortized Cost
ClosedBlockInvestmentsFixedMaturityAvailableForSaleAmortizedCost
2949000000 usd
CY2023Q4 us-gaap Closed Block Investments Fixed Maturity Available For Sale Amortized Cost
ClosedBlockInvestmentsFixedMaturityAvailableForSaleAmortizedCost
2945000000 usd
CY2024Q1 eqh Closed Block Investments Debt Securities Available For Sale Allowance For Credit Loss
ClosedBlockInvestmentsDebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 usd
CY2023Q4 eqh Closed Block Investments Debt Securities Available For Sale Allowance For Credit Loss
ClosedBlockInvestmentsDebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 usd
CY2024Q1 us-gaap Assets Designated To Closed Block Fixed Maturity Available For Sale At Fair Value
AssetsDesignatedToClosedBlockFixedMaturityAvailableForSaleAtFairValue
2784000000 usd
CY2023Q4 us-gaap Assets Designated To Closed Block Fixed Maturity Available For Sale At Fair Value
AssetsDesignatedToClosedBlockFixedMaturityAvailableForSaleAtFairValue
2800000000 usd
CY2024Q1 eqh Assets Designated To Closed Block Mortgage Loans On Real Estate Credit Losses
AssetsDesignatedToClosedBlockMortgageLoansOnRealEstateCreditLosses
13000000 usd
CY2023Q4 eqh Assets Designated To Closed Block Mortgage Loans On Real Estate Credit Losses
AssetsDesignatedToClosedBlockMortgageLoansOnRealEstateCreditLosses
13000000 usd
CY2024Q1 us-gaap Assets Designated To Closed Block Mortgage Loans On Real Estate
AssetsDesignatedToClosedBlockMortgageLoansOnRealEstate
1550000000 usd
CY2023Q4 us-gaap Assets Designated To Closed Block Mortgage Loans On Real Estate
AssetsDesignatedToClosedBlockMortgageLoansOnRealEstate
1612000000 usd
CY2024Q1 us-gaap Assets Designated To Closed Block Policy Loans
AssetsDesignatedToClosedBlockPolicyLoans
541000000 usd
CY2023Q4 us-gaap Assets Designated To Closed Block Policy Loans
AssetsDesignatedToClosedBlockPolicyLoans
554000000 usd
CY2024Q1 us-gaap Assets Designated To Closed Block Cash And Cash Equivalents
AssetsDesignatedToClosedBlockCashAndCashEquivalents
63000000 usd
CY2023Q4 us-gaap Assets Designated To Closed Block Cash And Cash Equivalents
AssetsDesignatedToClosedBlockCashAndCashEquivalents
58000000 usd
CY2024Q1 us-gaap Assets Designated To Closed Block Other Closed Block Assets1
AssetsDesignatedToClosedBlockOtherClosedBlockAssets1
163000000 usd
CY2023Q4 us-gaap Assets Designated To Closed Block Other Closed Block Assets1
AssetsDesignatedToClosedBlockOtherClosedBlockAssets1
150000000 usd
CY2024Q1 us-gaap Assets Designated To Closed Block
AssetsDesignatedToClosedBlock
5101000000 usd
CY2023Q4 us-gaap Assets Designated To Closed Block
AssetsDesignatedToClosedBlock
5174000000 usd
CY2024Q1 us-gaap Excess Of Reported Closed Block Liabilities Over Assets Designated To Closed Block
ExcessOfReportedClosedBlockLiabilitiesOverAssetsDesignatedToClosedBlock
358000000 usd
CY2023Q4 us-gaap Excess Of Reported Closed Block Liabilities Over Assets Designated To Closed Block
ExcessOfReportedClosedBlockLiabilitiesOverAssetsDesignatedToClosedBlock
344000000 usd
CY2024Q1 eqh Unrealized Investment Gains Losses Policyholders Dividend Obligation
UnrealizedInvestmentGainsLossesPolicyholdersDividendObligation
0 usd
CY2023 eqh Unrealized Investment Gains Losses Policyholders Dividend Obligation
UnrealizedInvestmentGainsLossesPolicyholdersDividendObligation
0 usd
CY2024Q1 eqh Closed Block Operations Deferred Income Tax Expense Benefit
ClosedBlockOperationsDeferredIncomeTaxExpenseBenefit
35000000 usd
CY2023Q4 eqh Closed Block Operations Deferred Income Tax Expense Benefit
ClosedBlockOperationsDeferredIncomeTaxExpenseBenefit
31000000 usd
CY2024Q1 eqh Unrealized Investment Gains Losses Net Of Deferred Income Tax Expense Benefit And Policyholder Dividend Obligation
UnrealizedInvestmentGainsLossesNetOfDeferredIncomeTaxExpenseBenefitAndPolicyholderDividendObligation
-130000000 usd
CY2023Q4 eqh Unrealized Investment Gains Losses Net Of Deferred Income Tax Expense Benefit And Policyholder Dividend Obligation
UnrealizedInvestmentGainsLossesNetOfDeferredIncomeTaxExpenseBenefitAndPolicyholderDividendObligation
-115000000 usd
CY2024Q1 us-gaap Closed Block Assets And Liabilities Maximum Future Earnings To Be Recognized
ClosedBlockAssetsAndLiabilitiesMaximumFutureEarningsToBeRecognized
228000000 usd
CY2023Q4 us-gaap Closed Block Assets And Liabilities Maximum Future Earnings To Be Recognized
ClosedBlockAssetsAndLiabilitiesMaximumFutureEarningsToBeRecognized
229000000 usd
CY2024Q1 us-gaap Closed Block Operations Premiums
ClosedBlockOperationsPremiums
29000000 usd
CY2023Q1 us-gaap Closed Block Operations Premiums
ClosedBlockOperationsPremiums
30000000 usd
CY2024Q1 us-gaap Closed Block Operations Net Investment Income
ClosedBlockOperationsNetInvestmentIncome
52000000 usd
CY2023Q1 us-gaap Closed Block Operations Net Investment Income
ClosedBlockOperationsNetInvestmentIncome
51000000 usd
CY2024Q1 us-gaap Closed Block Operations Realized Investment Gains Losses
ClosedBlockOperationsRealizedInvestmentGainsLosses
-1000000 usd
CY2023Q1 us-gaap Closed Block Operations Realized Investment Gains Losses
ClosedBlockOperationsRealizedInvestmentGainsLosses
0 usd
CY2024Q1 us-gaap Closed Block Operations Revenue
ClosedBlockOperationsRevenue
80000000 usd
CY2023Q1 us-gaap Closed Block Operations Revenue
ClosedBlockOperationsRevenue
81000000 usd
CY2024Q1 eqh Closed Block Operations Policyholder Benefit And Dividends
ClosedBlockOperationsPolicyholderBenefitAndDividends
77000000 usd
CY2023Q1 eqh Closed Block Operations Policyholder Benefit And Dividends
ClosedBlockOperationsPolicyholderBenefitAndDividends
83000000 usd
CY2024Q1 us-gaap Closed Block Operations Benefits And Expense
ClosedBlockOperationsBenefitsAndExpense
77000000 usd
CY2023Q1 us-gaap Closed Block Operations Benefits And Expense
ClosedBlockOperationsBenefitsAndExpense
83000000 usd
CY2024Q1 us-gaap Closed Block Operations Results Before Income Taxes
ClosedBlockOperationsResultsBeforeIncomeTaxes
3000000 usd
CY2023Q1 us-gaap Closed Block Operations Results Before Income Taxes
ClosedBlockOperationsResultsBeforeIncomeTaxes
-2000000 usd
CY2024Q1 us-gaap Closed Block Operations Income Taxes
ClosedBlockOperationsIncomeTaxes
1000000 usd
CY2023Q1 us-gaap Closed Block Operations Income Taxes
ClosedBlockOperationsIncomeTaxes
1000000 usd
CY2024Q1 us-gaap Closed Block Operations Net Results
ClosedBlockOperationsNetResults
2000000 usd
CY2023Q1 us-gaap Closed Block Operations Net Results
ClosedBlockOperationsNetResults
-3000000 usd
CY2024Q1 us-gaap Deferred Policy Acquisition Costs
DeferredPolicyAcquisitionCosts
6804000000 usd
CY2023Q4 us-gaap Deferred Policy Acquisition Costs
DeferredPolicyAcquisitionCosts
6705000000 usd
CY2024Q1 eqh Notes Issued By Consolidated Variable Interest Entity Accrued Interest Payable
NotesIssuedByConsolidatedVariableInterestEntityAccruedInterestPayable
19000000 usd
CY2023Q4 eqh Notes Issued By Consolidated Variable Interest Entity Accrued Interest Payable
NotesIssuedByConsolidatedVariableInterestEntityAccruedInterestPayable
20000000 usd
CY2024Q1 us-gaap Market Risk Benefit Increase Decrease From Other Assumption
MarketRiskBenefitIncreaseDecreaseFromOtherAssumption
-558000000 usd
CY2023 us-gaap Market Risk Benefit Increase Decrease From Other Assumption
MarketRiskBenefitIncreaseDecreaseFromOtherAssumption
-687000000 usd
CY2024Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
169000000 usd
CY2024Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
120000000 usd
CY2024Q1 eqh Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Percentage
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersPercentage
0.077
CY2023Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
401000000 usd
CY2023Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
56000000 usd
CY2023Q1 eqh Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Percentage
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersPercentage
0.084
CY2024Q1 us-gaap Market Risk Benefit Liability Amount
MarketRiskBenefitLiabilityAmount
12800000000 usd
CY2024Q1 us-gaap Market Risk Benefit Asset Amount
MarketRiskBenefitAssetAmount
818000000 usd
CY2023Q4 us-gaap Market Risk Benefit Liability Amount
MarketRiskBenefitLiabilityAmount
14600000000 usd
CY2023Q4 us-gaap Market Risk Benefit Asset Amount
MarketRiskBenefitAssetAmount
591000000 usd
CY2024Q1 us-gaap Liability For Future Policy Benefits
LiabilityForFuturePolicyBenefits
17324000000 usd
CY2023Q4 us-gaap Liability For Future Policy Benefits
LiabilityForFuturePolicyBenefits
17363000000 usd
CY2024Q1 us-gaap Liability For Future Policy Benefit Gross Premium Income
LiabilityForFuturePolicyBenefitGrossPremiumIncome
159000000 usd
CY2023Q1 us-gaap Liability For Future Policy Benefit Gross Premium Income
LiabilityForFuturePolicyBenefitGrossPremiumIncome
114000000 usd
CY2024Q1 us-gaap Liability For Future Policy Benefit Interest Expense
LiabilityForFuturePolicyBenefitInterestExpense
84000000 usd
CY2023Q1 us-gaap Liability For Future Policy Benefit Interest Expense
LiabilityForFuturePolicyBenefitInterestExpense
68000000 usd
CY2024Q1 us-gaap Additional Liability Long Duration Insurance Weighted Average Interest Accretion Rate
AdditionalLiabilityLongDurationInsuranceWeightedAverageInterestAccretionRate
0.045
CY2023Q1 us-gaap Additional Liability Long Duration Insurance Weighted Average Interest Accretion Rate
AdditionalLiabilityLongDurationInsuranceWeightedAverageInterestAccretionRate
0.045
CY2024Q1 us-gaap Market Risk Benefit Asset Amount
MarketRiskBenefitAssetAmount
818000000 usd
CY2024Q1 us-gaap Market Risk Benefit Liability Amount
MarketRiskBenefitLiabilityAmount
12814000000 usd
CY2024Q1 eqh Market Risk Benefit Net Direct
MarketRiskBenefitNetDirect
11996000000 usd
CY2024Q1 eqh Market Risk Benefit Purchased
MarketRiskBenefitPurchased
8337000000 usd
CY2024Q1 eqh Market Risk Benefit Net
MarketRiskBenefitNet
3659000000 usd
CY2023Q4 us-gaap Market Risk Benefit Asset Amount
MarketRiskBenefitAssetAmount
591000000 usd
CY2023Q4 us-gaap Market Risk Benefit Liability Amount
MarketRiskBenefitLiabilityAmount
14612000000 usd
CY2023Q4 eqh Market Risk Benefit Net Direct
MarketRiskBenefitNetDirect
14021000000 usd
CY2023Q4 eqh Market Risk Benefit Purchased
MarketRiskBenefitPurchased
9427000000 usd
CY2023Q4 eqh Market Risk Benefit Net
MarketRiskBenefitNet
4594000000 usd
CY2024Q1 eqh Policyholder Account Balance Before Funding Agreements
PolicyholderAccountBalanceBeforeFundingAgreements
86109000000 usd
CY2023Q4 eqh Policyholder Account Balance Before Funding Agreements
PolicyholderAccountBalanceBeforeFundingAgreements
80783000000 usd
CY2024Q1 eqh Policyholder Account Balance Funding Agreements
PolicyholderAccountBalanceFundingAgreements
14137000000 usd
CY2023Q4 eqh Policyholder Account Balance Funding Agreements
PolicyholderAccountBalanceFundingAgreements
14890000000 usd
CY2024Q1 eqh Policyholder Account Balance After Funding Agreements
PolicyholderAccountBalanceAfterFundingAgreements
100246000000 usd
CY2023Q4 eqh Policyholder Account Balance After Funding Agreements
PolicyholderAccountBalanceAfterFundingAgreements
95673000000 usd
CY2024Q1 us-gaap Separate Accounts Liability
SeparateAccountsLiability
133735000000 usd
CY2023Q4 us-gaap Separate Accounts Liability
SeparateAccountsLiability
127251000000 usd
CY2024Q1 us-gaap Separate Account Assets
SeparateAccountAssets
133735000000 usd
CY2023Q4 us-gaap Separate Account Assets
SeparateAccountAssets
127251000000 usd
CY2024Q1 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
3000000 usd
CY2024Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
237000000 usd
CY2024Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
64000 shares
CY2024Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
64000 shares
CY2024Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
64000 shares
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
64000 shares
CY2023Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
64000 shares
CY2023Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
64000 shares
CY2024Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.22
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
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CY2022Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
1200000000 usd
CY2023Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
700000000 usd
CY2024Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
1203000000 usd
CY2024Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
4300000 shares
CY2023Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
4500000 shares
CY2024Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
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CY2023Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
1571000000 usd
CY2024Q1 eqh Other Comprehensive Income Reclassification Adjustment Sale And Write Down Of Securities Included In Net Income
OtherComprehensiveIncomeReclassificationAdjustmentSaleAndWriteDownOfSecuritiesIncludedInNetIncome
-21000000 usd
CY2023Q1 eqh Other Comprehensive Income Reclassification Adjustment Sale And Write Down Of Securities Included In Net Income
OtherComprehensiveIncomeReclassificationAdjustmentSaleAndWriteDownOfSecuritiesIncludedInNetIncome
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CY2024Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
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CY2023Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
1634000000 usd
CY2024Q1 eqh Adjustments For Policyholders Liabilities Insurance Liability Loss Recognition And Other
AdjustmentsForPolicyholdersLiabilitiesInsuranceLiabilityLossRecognitionAndOther
9000000 usd
CY2023Q1 eqh Adjustments For Policyholders Liabilities Insurance Liability Loss Recognition And Other
AdjustmentsForPolicyholdersLiabilitiesInsuranceLiabilityLossRecognitionAndOther
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CY2024Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
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CY2023Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
341000000 usd
CY2024Q1 eqh Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax1
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax1
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CY2023Q1 eqh Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax1
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax1
1626000000 usd
CY2024Q1 us-gaap Oci Market Risk Benefit Instrument Specific Credit Risk Gain Loss After Adjustments Tax
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CY2023Q1 us-gaap Oci Market Risk Benefit Instrument Specific Credit Risk Gain Loss After Adjustments Tax
OciMarketRiskBenefitInstrumentSpecificCreditRiskGainLossAfterAdjustmentsTax
249000000 usd
CY2024Q1 us-gaap Oci Market Risk Benefit Instrument Specific Credit Risk Gain Loss After Adjustments And Tax
OciMarketRiskBenefitInstrumentSpecificCreditRiskGainLossAfterAdjustmentsAndTax
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CY2023Q1 us-gaap Oci Market Risk Benefit Instrument Specific Credit Risk Gain Loss After Adjustments And Tax
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938000000 usd
CY2024Q1 us-gaap Oci Liability For Future Policy Benefit Gain Loss After Reclassification Adjustment Tax Parent
OciLiabilityForFuturePolicyBenefitGainLossAfterReclassificationAdjustmentTaxParent
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CY2023Q1 us-gaap Oci Liability For Future Policy Benefit Gain Loss After Reclassification Adjustment Tax Parent
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CY2024Q1 us-gaap Oci Liability For Future Policy Benefit Gain Loss After Reclassification Adjustment And Tax Parent
OciLiabilityForFuturePolicyBenefitGainLossAfterReclassificationAdjustmentAndTaxParent
98000000 usd
CY2023Q1 us-gaap Oci Liability For Future Policy Benefit Gain Loss After Reclassification Adjustment And Tax Parent
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CY2024Q1 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
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8000000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
20000000 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
2000000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
6000000 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
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CY2023Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-20000000 usd
CY2024Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
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CY2023Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
6000000 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-11000000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
6000000 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-393000000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2478000000 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-4000000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
2000000 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
2476000000 usd
CY2024Q1 eqh Other Comprehensive Income Reclassification Adjustment From Aoci Sale And Write Down Of Securities Tax
OtherComprehensiveIncomeReclassificationAdjustmentFromAOCISaleAndWriteDownOfSecuritiesTax
-5000000 usd
CY2023Q1 eqh Other Comprehensive Income Reclassification Adjustment From Aoci Sale And Write Down Of Securities Tax
OtherComprehensiveIncomeReclassificationAdjustmentFromAOCISaleAndWriteDownOfSecuritiesTax
-17000000 usd
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
332700000 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
364100000 shares
CY2023Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
770000000 usd
CY2022Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
455000000 usd
CY2024Q1 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
18000000 usd
CY2023Q1 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
12000000 usd
CY2024Q1 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
203000000 usd
CY2023Q1 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
146000000 usd
CY2024Q1 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
991000000 usd
CY2023Q1 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
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CY2024Q1 eqh Reasonably Possible Range Of Losses Unaccrued Amount
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100000000 usd
CY2016Q1 eqh Loss Contingency Number Of Federal Actions
LossContingencyNumberOfFederalActions
3 federal_action
CY2024Q1 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
336000000 usd
CY2024Q1 us-gaap Federal Home Loan Bank Advances General Debt Obligations Disclosures Collateral Pledged1
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9500000000 usd
CY2024Q1 eqh Guaranty Application Equity Commitment To Certain Limited Partnerships
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1300000000 usd
CY2024Q1 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
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700000000 usd
CY2024Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
6 segment
CY2024Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
6 segment
CY2024Q1 eqh Adjusted Operating Income Loss
AdjustedOperatingIncomeLoss
490000000 usd
CY2023Q1 eqh Adjusted Operating Income Loss
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CY2024Q1 eqh Adjusted Revenues
AdjustedRevenues
2230000000 usd
CY2023Q1 eqh Adjusted Revenues
AdjustedRevenues
2357000000 usd
CY2024Q1 us-gaap Noncurrent Assets
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285577000000 usd
CY2023Q4 us-gaap Noncurrent Assets
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276814000000 usd
CY2024Q1 eqh Statutory Accounting Practices Number Of Prescribed And Permitted Practices
StatutoryAccountingPracticesNumberOfPrescribedAndPermittedPractices
5 prescribed_and_permitted_practice
CY2024Q1 eqh Statutory Accounting Practices Statutory Surplus Increase Decrease To New Standard Application
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-72000000 usd
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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330200000 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
361900000 shares
CY2024Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2500000 shares
CY2023Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2200000 shares
CY2024Q1 us-gaap Profit Loss
ProfitLoss
217000000 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
266000000 usd
CY2024Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
103000000 usd
CY2023Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
89000000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
114000000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
177000000 usd
CY2024Q1 us-gaap Preferred Stock Dividends And Other Adjustments
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14000000 usd
CY2023Q1 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
14000000 usd
CY2024Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
100000000 usd
CY2024Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
100000000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
163000000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
163000000 usd
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.30
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.45
CY2024Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.30
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.45
CY2024Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3000000 shares
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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2500000 shares
CY2024Q1 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q1 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

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