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SHARE-BASED COMPENSATION PROGRAMS (Tables)

12 Months Ended

Dec. 31, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of Compensation Costs

Compensation costs for share-based payment arrangements as further described herein are as follows:

			Year Ended December 31,
			2023						2022						2021
			(in millions)
Performance Shares			$	15					$	31					$	17
Stock Options			—						1						—
Restricted Stock Units			278						296						257
Other compensation plans			1						—						—
Total compensation expenses			$	294					$	328					$	274
Income Tax Benefit			$	58					$	68					$	58

Schedule of Stock Option Activity

A summary of activity in the Holdings and AXA option plans during 2023 as follows:

			Options Outstanding
			EQH Shares															AXA Ordinary Shares
			Number Outstanding (in 000’s)						Weighted Average Exercise Price															Number Outstanding (in 000’s)						Weighted Average Exercise Price
Options outstanding as of beginning of year			1,943						$	21.75														666						€	22.95
Options granted			—						—															—						—
Options exercised			(188)						14.04															(286)						23.48
Options forfeited, net			—						—															—						—
Options expired			—						—															—						—
Options outstanding as of end of year			1,755						$	21.94														380						€	22.56
Aggregate intrinsic value (1)									$	19,928																				€	2,634
Weighted average remaining contractual term (in years)			5.59																					3.26
Options exercisable at December 31, 2023			1,755						$	21.94														343						€	22.66
Aggregate intrinsic value (1)									$	19,928																				€	2,345
Weighted average remaining contractual term (in years)			5.59																					3.13

_______________

(1)    Aggregate intrinsic value, presented in thousands, is calculated as the excess of the closing market price on December 31, 2023 of the respective underlying shares over the strike prices of the option awards. For awards with strike prices higher than market prices, intrinsic value is shown as zero.

Schedule of Share-based Compensation, Restricted Stock Units Award Activity

The following table summarizes Holdings restricted share units activity for 2023.

			Shares of Holdings Restricted Stock Units						Weighted-Average Grant Date  Fair Value
Unvested, beginning of year			2,789,165						$	29.46
Granted			1,487,714						32.35
Forfeited			(128,089)						31.45
Vested			(1,417,323)						28.12
Unvested as of December 31, 2023			2,731,467						$	32.18

Schedule of Share-based Compensation, Performance Stock Units Award Activity

The following table summarizes Holdings performance awards activity for 2023.

			Shares of Holdings Performance Awards						Weighted-Average Grant Date  Fair Value
Unvested, beginning of year			1,327,595						$	32.98
Granted			434,080						39.07
Forfeited			(1,565)						29.00
Vested			(447,436)						29.08
Unvested as of December 31, 2023			1,312,674						$	36.32

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Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

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