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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 21 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2023
Cash flows from operating activities:        
Net income $ 5.0 $ 522.0 $ (16.0)  
Adjustments to reconcile net income loss to net cash used in operating activities:        
Accretion (Amortization) of Discounts and Premiums, Investments (15.0) (11.0) (13.0)  
Net investment gains (losses), including impairments 22.0 (31.0) (7.0)  
Share-based compensation 17.0 17.0 14.0  
Proceeds from Contributions from Affiliates 8.0 6.0 6.0  
Other, net 13.0 (196.0) (56.0)  
Net cash provided by operating activities 200.0 1,335.0 (131.0)  
Cash flows from investing activities:        
Proceeds from matured bonds 74.0 206.0 698.0  
Purchases of bonds (415.0) (403.0) (343.0)  
Change in short-term investments 118.0 (52.0) 98.0  
Proceeds from Sale and Maturity of Other Investments 209.0 166.0 39.0  
Payments for (Proceeds from) Other Investing Activities 6.0 9.0 (5.0)  
Net cash provided by investing activities 435.0 866.0 776.0  
Cash flows from financing activities:        
Net Cash Provided by (Used in) Financing Activities (423.0) (2,163.0) (657.0)  
Cash and cash equivalents at beginning of period 31.0 17.0    
Cash and cash equivalents end of period 16.0 31.0 17.0 $ 16.0
Cash paid during the period for:        
Income taxes 11.0 6.0 15.0  
Payments to Acquire Businesses, Net of Cash Acquired 7.0 18.0 0.0  
Payments for Repurchase of Common Stock 5.0 14.0   19.0
Ambac Financial Group, Inc Parent Company Only [Member]        
Cash flows from operating activities:        
Net income 4.0 522.0 (17.0)  
Adjustments to reconcile net income loss to net cash used in operating activities:        
Equity in undistributed net (income) loss of non-debtor subsidiaries (15.0) (542.0) 1.0  
Accretion (Amortization) of Discounts and Premiums, Investments 0.0 (7.0) (9.0)  
Net investment gains (losses), including impairments 0.0 14.0 5.0  
Decrease in current income taxes payable (2.0) (1.0) 1.0  
Share-based compensation 9.0 12.0 14.0  
Decrease in other assets (5.0) 41.0 (5.0)  
Other, net 2.0 1.0 (6.0)  
Net cash provided by operating activities 2.0 46.0 (10.0)  
Cash flows from investing activities:        
Proceeds from matured bonds 0.0 68.0 33.0  
Purchases of bonds (1.0) (1.0) (34.0)  
Change in short-term investments 20.0 (51.0) 105.0  
Proceeds from Sale and Maturity of Other Investments (3.0) (4.0) (8.0)  
Net cash provided by investing activities 16.0 12.0 95.0  
Capital Contribution to Subsidiaries (16.0) (42.0) (92.0)  
Cash flows from financing activities:        
Net Cash Provided by (Used in) Financing Activities (21.0) (57.0) (92.0)  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect (2.0) 1.0 (6.0)  
Cash and cash equivalents at beginning of period 3.0 1.0 7.0  
Cash and cash equivalents end of period 0.0 3.0 1.0 $ 0.0
Cash paid during the period for:        
Income taxes 0.0 0.0 $ 0.0  
Payments for Repurchase of Common Stock $ (5.0) $ (14.0)