Company: APO
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001858681-25-000034
Chunk: 174

Company: Apollo Global Management, Inc.
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 174
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132)207 (2,974)Derivative gains (losses)2,205 2,135 (9,173)Provision for credit losses(181)(335)(227)Other gains (losses)1,303 (805)1,056 Investment related gains (losses)$2,045 $1,428 $(12,717)1 Includes the effects of recognized gains or losses on AFS securities associated with designated hedges.Proceeds from sales of AFS securities were $21,623 million, $6,464 million and $9,421 million for the years ended December 31, 2024, 2023 and 2022, respectively.The following table summarizes the change in unrealized gains (losses) on trading and equity securities held as of the respective period end:Years ended December 31,(In millions)202420232022Trading securities$(42)$93 $(414)Equity securities12 49 (146)

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Table of ContentsAPOLLO GLOBAL MANAGEMENT, INC.NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Repurchase AgreementsThe following table summarizes the remaining contractual maturities of repurchase agreements:(In millions)December 31, 2024December 31, 2023Less than 30 days$2,752 $686 30 – 90 days300 — 91 days to 1 year1,095 — Greater than 1 year1,569 3,167 Payables for repurchase agreements$5,716 $3,853 The following table summarizes the securities pledged as collateral for repurchase agreements:December 31, 2024December 31, 2023(In millions)Amortized CostFair ValueAmortized CostFair ValueAFS securitiesU.S. government and agencies$3,253 $2,693 $— $— Foreign governments159 107 137 99 Corporate1,877 1,573 2,735 2,307 CLO587 588 580 579 ABS596 552 1,207 1,086 RMBS369 365 — — Total securities pledged under repurchase agreements$6,841 $5,878 $4,659 $4,071 Reverse Repurchase Agreements As of December 31, 2024 and December 31, 2023, amounts loaned under reverse