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Schedule II - Condensed Financial Information of Registrant (Parent Company Only) - Condensed Statements of Cash Flows (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:      
Net income (loss) $ (16) $ (437) $ (216)
Adjustments to reconcile net income loss to net cash used in operating activities:      
Accretion (Amortization) of Discounts and Premiums, Investments (13) (15) (63)
Net realized investment gains (7) (22) (81)
Decrease in current income taxes payable (4) 17 35
Share-based compensation 14 11 12
Proceeds from Contributions from Affiliates 6    
Other, net (35) 59 79
Net cash used in operating activities (131) (175) (311)
Cash flows from investing activities:      
Proceeds from matured bonds 698 137 379
Purchases of bonds (343) (975) (959)
Change in short-term investments 98 158 (218)
Proceeds from Sale and Maturity of Other Investments 39 374 81
Payments for (Proceeds from) Other Investing Activities (5) 1 (2)
Net cash provided by investing activities 776 432 1,000
AMPS Proceeds 0 0 19
Cash flows from financing activities:      
Net Cash Provided by (Used in) Financing Activities (657) (303) (691)
Cash and cash equivalents at beginning of period 20 24  
Cash and cash equivalents end of period 17 20 24
Cash paid during the period for:      
Income taxes 15 11 21
Payments to Acquire Businesses, Net of Cash Acquired   (74)  
Ambac Financial Group, Inc Parent Company Only [Member]      
Cash flows from operating activities:      
Net income (loss) (17) (437) (216)
Adjustments to reconcile net income loss to net cash used in operating activities:      
Equity in undistributed net (income) loss of non-debtor subsidiaries 1 423 223
Accretion (Amortization) of Discounts and Premiums, Investments (9) (6) (6)
Net realized investment gains 5 1 2
Decrease in current income taxes payable 1 30 15
Share-based compensation 14 11 12
Decrease in other assets (5) (1) (8)
Other, net (6) (10) (6)
Net cash used in operating activities (10) 11 16
Cash flows from investing activities:      
Proceeds from matured bonds 33 46 86
Purchases of bonds (34) (45) (2)
Change in short-term investments 105 89 (125)
Proceeds from Sale and Maturity of Other Investments (8) 0 0
Net cash provided by investing activities 95 16 (22)
Capital Contribution to Subsidiaries (92) (29) 0
AMPS Proceeds 0 0 19
Cash flows from financing activities:      
Net Cash Provided by (Used in) Financing Activities (92) (29) 0
Cash and Cash Equivalents, Period Increase (Decrease) (6) (2) (6)
Cash and cash equivalents at beginning of period 7 9 15
Cash and cash equivalents end of period 1 7 9
Cash paid during the period for:      
Income taxes 0 0 $ 1
Payments to Acquire Businesses, Net of Cash Acquired   $ (74)  
Parent [Member]      
Adjustments to reconcile net income loss to net cash used in operating activities:      
Net realized investment gains $ (4)