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Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:      
Net income $ 279,380 $ 238,563 $ 242,397
Adjustments to reconcile net income to net cash provided by operating activities:      
Equity in net income attributable to AB Unitholders (308,404) (266,292) (270,647)
Cash distributions received from AB 298,919 249,463 308,042
Changes in assets and liabilities:      
(Increase) in other assets (31) (61) 0
Increase (decrease) in other liabilities 150 1,082 (510)
Net cash provided by operating activities 270,014 222,755 279,282
Cash flows from investing activities:      
Investments in AB with proceeds from exercises of compensatory options to buy AB Holding Units (147) (11,511) (16,589)
Net cash used in investing activities (147) (11,511) (16,589)
Cash flows from financing activities:      
Cash distributions to Unitholders (270,881) (222,485) (280,722)
Capital contributions from (to) AB 867   1,440
Capital contributions from (to) AB   (270)  
Proceeds from exercise of compensatory options to buy AB Holding Units 147 11,511 16,589
Net cash used in financing activities (269,867) (211,244) (262,693)
Change in cash and cash equivalents 0 0 0
Cash and cash equivalents as of beginning of the year 0 0 0
Cash and cash equivalents as of end of the year 0 0 0
Cash paid:      
Income taxes 28,906 26,650 28,766
Non-cash investing activities:      
Issuance of AB Holding Units to fund long-term incentive compensation plan awards 107,366 146,488 168,955
Retirement of AB Holding Units $ (78,388) $ (110,752) $ (194,544)