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Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net income $ 423,374 $ 264,184 $ 274,165
Adjustments to reconcile net income to net cash provided by operating activities:      
Equity in net income attributable to AB Unitholders (461,949) (299,781) (305,504)
Cash distributions received from AB 377,581 329,900 394,470
Changes in assets and liabilities:      
Increase (decrease) in other liabilities 1,475 (328) (517)
Net cash provided by operating activities 340,481 293,975 362,614
Cash flows from investing activities:      
Acquisition of business, net cash acquired 0 0 40,777
Contribution of CarVal to AB 0 0 (40,777)
Capital contribution to AB 0 0 (1,590)
Investments in AB with proceeds from exercise of compensatory options to buy AB Holding Units 0 0 (178)
Net cash used in investing activities 0 0 (1,768)
Cash flows from financing activities:      
Cash distributions to Unitholders (341,251) (296,139) (361,024)
Capital contributions from AB 770 2,164 0
Proceeds from exercise of compensatory options to buy AB Holding Units 0 0 178
Net cash used in financing activities (340,481) (293,975) (360,846)
Change in cash and cash equivalents 0 0 0
Cash and cash equivalents as of beginning of the year 0 0 0
Cash and cash equivalents as of end of the year 0 0 0
Cash paid:      
Income taxes 37,102 35,928 31,862
Non-cash investing activities:      
Fair value of assets acquired (less cash acquired of zero, zero and $40.8 in 2024, 2023 and 2022, respectively) 0 0 1,087,218
Fair value of liabilities assumed 0 0 296,750
Fair value of non-redeemable non-controlling interest assumed 0 0 13,191
Fair value of assets contributed to AB (less cash acquired of zero, zero and $40.8 in 2024, 2023 and 2022, respectively) 0 0 (1,087,218)
Fair value of liabilities contributed to AB 0 0 (296,750)
Fair value of non-redeemable non-controlling interest contributed to AB 0 0 (13,191)
Issuance of AB Holding Units to fund long-term incentive compensation plan awards 115,640 104,167 76,230
Retirement of AB Holding Units (64,487) (85,300) (114,794)
Non-cash financing activities:      
Payables recorded under contingent payment arrangements 0 0 228,885
Equity consideration issued in connection with acquisition 0 0 589,169
Payables contributed to and assumed by AB under contingent payment arrangements 0 0 (228,885)
Equity consideration received from AB in connection with acquisition 0 0 (589,169)
Retirement of AB Holding Units for EQH Exchange Agreement $ (185,101) $ 0 $ 0