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Investment in AB (Tables) | 9 Months Ended
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Sep. 30, 2024
Equity Method Investments and Joint Ventures [Abstract] |
Summary of Changes in Investment in AB | Changes in AB Holding’s investment in AB during the nine-month period ended September 30, 2024 are as follows (in thousands):
Investment in AB as of December 31, 2023 | $ | 2,077,540 |
Equity in net income attributable to AB Unitholders | 345,360 |
Changes in accumulated other comprehensive income | 7,121 |
Cash distributions received from AB | (281,164) |
Capital contributions (from) AB | (902) |
AB Holding Units retired | (66,477) |
AB Holding Units issued to fund long-term incentive compensation plans | 20,430 |
Change in AB Holding Units held by AB for long-term incentive compensation plans | (3,205) |
Investment in AB as of September 30, 2024 | $ | 2,098,703 |

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- Definition A tabular presentation of the information summarizing investments in and advances to majority-owned subsidiaries, other controlled companies, and other affiliates, as prescribed by the SEC. It reflects specified information about ownership, financial results from, and financial position in such entities. Includes the tabular presentations that disaggregate investments in and advances to majority-owned subsidiaries, other controlled companies, and other affiliates. + References No definition available. + Details
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