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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, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net income $ 522.0 $ (16.0) $ (437.0)
Adjustments to reconcile net income loss to net cash used in operating activities:      
Accretion (Amortization) of Discounts and Premiums, Investments (11.0) (13.0) (15.0)
Net investment gains (losses), including impairments (31.0) (7.0) (22.0)
Share-based compensation 17.0 14.0 11.0
Proceeds from Contributions from Affiliates 6.0 6.0  
Other, net (152.0) (33.0) 67.0
Net cash provided by (used in) operating activities 1,335.0 (131.0) (175.0)
Cash flows from investing activities:      
Proceeds from matured bonds 206.0 698.0 137.0
Purchases of bonds (403.0) (343.0) (975.0)
Change in short-term investments (52.0) 98.0 158.0
Proceeds from Sale and Maturity of Other Investments 166.0 39.0 374.0
Payments for (Proceeds from) Other Investing Activities 9.0 (5.0) 1.0
Net cash provided by investing activities 866.0 776.0 432.0
Cash flows from financing activities:      
Net Cash Provided by (Used in) Financing Activities (2,163.0) (657.0) (303.0)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect 38.0 (12.0) (46.0)
Cash and cash equivalents at beginning of period 17.0 20.0  
Cash and cash equivalents end of period 31.0 17.0 20.0
Cash paid during the period for:      
Income taxes 6.0 15.0 11.0
Payments to Acquire Businesses, Net of Cash Acquired (18.0) 0.0 (74.0)
Payments for Repurchase of Common Stock (14.2)    
Ambac Financial Group, Inc Parent Company Only [Member]      
Cash flows from operating activities:      
Net income 522.0 (17.0) (437.0)
Adjustments to reconcile net income loss to net cash used in operating activities:      
Equity in undistributed net (income) loss of non-debtor subsidiaries (542.0) 1.0 423.0
Accretion (Amortization) of Discounts and Premiums, Investments (7.0) (9.0) (6.0)
Net investment gains (losses), including impairments 14.0 5.0 1.0
Decrease in current income taxes payable (1.0) 1.0 30.0
Share-based compensation 12.0 14.0 11.0
Decrease in other assets 41.0 (5.0) (1.0)
Other, net 1.0 (6.0) (10.0)
Net cash provided by (used in) operating activities 46.0 (10.0) 11.0
Cash flows from investing activities:      
Proceeds from matured bonds 68.0 33.0 46.0
Purchases of bonds (1.0) (34.0) (45.0)
Change in short-term investments (51.0) 105.0 89.0
Proceeds from Sale and Maturity of Other Investments (4.0) (8.0) 0.0
Net cash provided by investing activities 12.0 95.0 16.0
Capital Contribution to Subsidiaries (42.0) (92.0) (29.0)
Cash flows from financing activities:      
Net Cash Provided by (Used in) Financing Activities (57.0) (92.0) (29.0)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect 1.0 (6.0) (2.0)
Cash and cash equivalents at beginning of period 1.0 7.0 9.0
Cash and cash equivalents end of period 3.0 1.0 7.0
Cash paid during the period for:      
Income taxes 0.0 $ 0.0 $ 0.0
Payments for Repurchase of Common Stock (14.0)    
Parent [Member]      
Adjustments to reconcile net income loss to net cash used in operating activities:      
Net investment gains (losses), including impairments $ (4.0)