Pontiac 2001 Firebird Owner's Manual page 188

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Here's how anti lock works. Let's say the road is wet.
You're driving safely. Suddenly an animal jumps out in
front of you.
You slam on the brakes and continue braking.
Here's what happens with ABS.
A computer senses that wheels are slowing down.
If one of the wheels is about to stop rolling, the
computer will separately work the brakes at each
wheel (with V8 engine) or at each front wheel and at
both rear wheels (with V6 engine).
4-8
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The anti lock system can change the brake pressure
faster than any driver could. The computer is
programmed to make the most of available tire and road
conditions. This can help you steer around the obstacle
while braking hard.
As you brake, your computer keeps receiving updates on
wheel speed and controls braking pressure accordingly.