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Income Taxes (Tables)
 9 Months Ended
Sep. 30, 2024
Income Tax Disclosure [Abstract]  
Major Jurisdictions The following are the major jurisdictions in which Ambac and its subsidiaries operate and the earliest tax years subject to examination:
JurisdictionTax Year
United States2010
New York State2015
New York City2018
United Kingdom2020
Italy2019
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]
U.S. and foreign components of pre-tax income (loss) were as follows:
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
U.S.$(40)$59 $(41)$(7)
Foreign13 8 41 34 
Total$(27)$68 $1 $28 
Schedule of Components of Income Tax Expense (Benefit)
The components of the provision for income taxes were as follows:
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Current taxes
U. S. federal$— $— $— $1 
U.S. state and local— — — — 
Foreign5 4 11 6 
Total Current taxes5 4 11 8 
Deferred taxes
Foreign(2)(1)(1)1 
Total Deferred taxes— (3)1 (1)
Provision for income taxes$3 $1 $10 $7