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Condensed Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net income $ 74,034 $ 77,222
Adjustments to reconcile net income to net cash provided by operating activities:    
Equity in net income attributable to AB Unitholders (82,753) (86,281)
Cash distributions received from AB 127,438 97,650
Changes in assets and liabilities:    
(Increase) in other assets (952) (10)
(Decrease) in other liabilities (2,512) (906)
Net cash provided by operating activities 115,255 87,675
Cash flows from financing activities:    
Cash distributions to Unitholders (116,364) (88,566)
Capital contributions from AB 1,109 891
Net cash used in financing activities (115,255) (87,675)
Change in cash and cash equivalents 0 0
Cash and cash equivalents as of beginning of period 0 0
Cash and cash equivalents as of end of period $ 0 $ 0