XML 47 R34.htm IDEA: XBRL DOCUMENT
v3.25.1

DAC AND OTHER DEFERRED ASSETS/LIABILITIES (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2025
Contract Holder Bonus Interest Credits [Abstract] |
Schedule of Reconciliation of Deferred Acquisition Cost | The following table presents a reconciliation of DAC to the consolidated balance sheets:
| March 31 |  | December 31 |  |
| 2025 |  | 2024 |  |
| (in millions)
Protection Solutions |  |  |  |  |
Term | $ | 307 |  |  | $ | 314 |  |  |
Universal Life | 172 |  |  | 170 |  |  |
Variable Universal Life | 1,102 |  |  | 1,083 |  |  |
Indexed Universal Life | 186 |  |  | 186 |  |  |
Individual Retirement |  |  |  |  |
GMxB Core | 1,604 |  |  | 1,605 |  |  |
EQUI-VEST Individual | 154 |  |  | 154 |  |  |
Investment Edge | 236 |  |  | 225 |  |  |
SCS | 2,018 |  |  | 1,938 |  |  |
Legacy Segment |  |  |  |  |
GMxB Legacy | 504 |  |  | 517 |  |  |
Group Retirement |  |  |  |  |
EQUI-VEST Group | 771 |  |  | 768 |  |  |
Momentum | 82 |  |  | 83 |  |  |
Corporate and Other | 105 |  |  | 107 |  |  |
Other | 21 |  |  | 20 |  |  |
Total | $ | 7,262 |  |  | $ | 7,170 |  |  |
Schedule of Deferred Policy Acquisition Costs | Changes in the DAC asset were as follows:
| Three Months Ended March 31, 2025
| Protection Solutions |  | Individual Retirement |  | Legacy |  | Group Retirement |  | Corporate and Other |  | Total
| Term |  | UL |  | VUL |  | IUL |  | GMxB Core |  | EI |  | IE |  | SCS |  | GMxB Legacy |  | EG |  | Momentum |  | CB (1) |
| (in millions)
Balance, beginning of period | $ | 314 |  |  | $ | 170 |  |  | $ | 1,083 |  |  | $ | 186 |  |  | $ | 1,605 |  |  | $ | 154 |  |  | $ | 225 |  |  | $ | 1,938 |  |  | $ | 517 |  |  | $ | 768 |  |  | $ | 83 |  |  | $ | 107 |  |  | $ | 7,150 |
Capitalization | 2 |  |  | 5 |  |  | 35 |  |  | 3 |  |  | 37 |  |  | 3 |  |  | 16 |  |  | 157 |  |  | 5 |  |  | 15 |  |  | 3 |  |  | — |  |  | 281 |
Amortization (2) | (9) |  |  | (3) |  |  | (16) |  |  | (3) |  |  | (38) |  |  | (3) |  |  | (5) |  |  | (77) |  |  | (18) |  |  | (12) |  |  | (4) |  |  | (2) |  |  | (190) |
Balance, end of period | $ | 307 |  |  | $ | 172 |  |  | $ | 1,102 |  |  | $ | 186 |  |  | $ | 1,604 |  |  | $ | 154 |  |  | $ | 236 |  |  | $ | 2,018 |  |  | $ | 504 |  |  | $ | 771 |  |  | $ | 82 |  |  | $ | 105 |  |  | $ | 7,241 |
______________ (1)“CB” defined as Closed Block. (2)Includes an immaterial impact from Novation. See Note 1 for additional details.
| Three Months Ended March 31, 2024
| Protection Solutions |  | Individual Retirement |  | Legacy |  | Group Retirement |  | Corporate and Other |  | Total
| Term |  | UL |  | VUL |  | IUL |  | GMxB Core |  | EI |  | IE |  | SCS |  | GMxB Legacy |  | EG |  | Momentum |  | CB |
| (in millions)
Balance, beginning of period | $ | 337 |  |  | $ | 174 |  |  | $ | 987 |  |  | $ | 188 |  |  | $ | 1,602 |  |  | $ | 155 |  |  | $ | 172 |  |  | $ | 1,571 |  |  | $ | 555 |  |  | $ | 742 |  |  | $ | 82 |  |  | $ | 116 |  |  | $ | 6,681 |
Capitalization | 4 |  |  | 3 |  |  | 37 |  |  | 2 |  |  | 39 |  |  | 2 |  |  | 12 |  |  | 148 |  |  | 7 |  |  | 15 |  |  | 2 |  |  | — |  |  | 271 |
Amortization (1) | (10) |  |  | (3) |  |  | (15) |  |  | (3) |  |  | (37) |  |  | (3) |  |  | (4) |  |  | (64) |  |  | (16) |  |  | (10) |  |  | (4) |  |  | (2) |  |  | (171) |
Balance, end of period | $ | 331 |  |  | $ | 174 |  |  | $ | 1,009 |  |  | $ | 187 |  |  | $ | 1,604 |  |  | $ | 154 |  |  | $ | 180 |  |  | $ | 1,655 |  |  | $ | 546 |  |  | $ | 747 |  |  | $ | 80 |  |  | $ | 114 |  |  | $ | 6,781 |
______________ (1) DAC amortization of $1 million related to Other not reflected in table above. Changes in the Individual Retirement sales inducement assets were as follows:
| Three Months Ended March 31,
| 2025 |  | 2024 |  |
| GMxB Core |  | GMxB Legacy |  | GMxB Core |  | GMxB Legacy |  |  |  |
| (in millions)
Balance, beginning of period | $ | 117 |  |  | $ | 160 |  |  | $ | 127 |  |  | $ | 179 |  |  |  |  |
Capitalization | — |  |  | — |  |  | 1 |  |  | — |  |  |  |  |
Amortization | (3) |  |  | (5) |  |  | (3) |  |  | (5) |  |  |  |  |
Balance, end of period | $ | 114 |  |  | $ | 155 |  |  | $ | 125 |  |  | $ | 174 |  |  |  |  |
Changes in the Protection Solutions unearned revenue liability were as follows:
| Three Months Ended March 31,
| 2025 |  | 2024 |  |
| UL |  | VUL |  | IUL |  | UL |  | VUL |  | IUL |  |  |  |  |  |
| (in millions)
Balance, beginning of period | $ | 114 |  |  | $ | 840 |  |  | $ | 250 |  |  | $ | 107 |  |  | $ | 754 |  |  | $ | 210 |  |  |  |  |  |  |
Capitalization | 3 |  |  | 37 |  |  | 12 |  |  | 4 |  |  | 32 |  |  | 14 |  |  |  |  |  |  |
Amortization | (2) |  |  | (13) |  |  | (4) |  |  | (2) |  |  | (12) |  |  | (3) |  |  |  |  |  |  |
Balance, end of period | $ | 115 |  |  | $ | 864 |  |  | $ | 258 |  |  | $ | 109 |  |  | $ | 774 |  |  | $ | 221 |  |  |  |  |  |  |

X
- References No definition available. + Details
Name: | eqh_ContractHolderBonusInterestCreditsAbstract
Namespace Prefix: | eqh_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule Of Reconciliation Of Deferred Acquisition Cost + References No definition available. + Details
Name: | eqh_ScheduleOfReconciliationOfDeferredAcquisitionCostTableTextBlock
Namespace Prefix: | eqh_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the movement in deferred policy acquisition costs. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 65 -Paragraph 2 -Subparagraph (g)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480016/944-40-65-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2B -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479432/944-30-50-2B Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2B -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479432/944-30-50-2B Reference 4: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 30 -Name Accounting Standards Codification -Section 55 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479401/944-30-55-2 + Details
Name: | us-gaap_DeferredPolicyAcquisitionCostsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration