Company: APO
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001858681-25-000117
Chunk: 113

Company: Apollo Global Management, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 1
Chunk 113
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265)Derivative gains (losses)(1,075)(553)(2,587)878 Provision for credit losses(56)(90)(64)(100)Other gains (losses)(1,335)554 (2,228)1,474 Investment related gains (losses)$(5)$(134)$(833)$1,543 1 Includes the effects of recognized gains or losses on AFS securities associated with designated hedges.Proceeds from sales of AFS securities were $5,865 million and $7,048 million for the three months ended June 30, 2025 and 2024, respectively, and $14,810 million and $10,766 million for the six months ended June 30, 2025 and 2024, respectively.The following table summarizes the change in unrealized gains (losses) on trading and equity securities held as of the respective period end:Three months ended June 30,Six months ended June 30,(In millions)2025202420252024Trading securities$118 $(21)$140 $(41)Equity securities27 (8)39 24 Repurchase AgreementsThe following table summarizes the remaining contractual maturities of repurchase agreements, which are included in payables for collateral on derivatives and securities to repurchase on the condensed consolidated statements of financial condition:(In millions)June 30, 2025December 31, 2024Less than 30 days$790 $2,752 30 – 90 days— 300 91 days to 1 year— 1,095 Greater than 1 year2,747 1,569 Payables for repurchase agreements$3,537 $5,716 

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Table of ContentsAPOLLO GLOBAL MANAGEMENT, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

The following table summarizes the securities pledged as collateral for repurchase agreements:June 30, 2025December 31, 2024(In millions)Amortized CostFair ValueAmortized CostFair ValueAFS securitiesU.S. government and agencies$711 $514 $3,253 $2,693 Foreign governments243 179 159 107 Corporate2,113 1,894 1,877 1,573 CLO585 588 587 588 ABS598 561 596 552 RMBS