Company: APO
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001858681-25-000049
Chunk: 169

Company: Apollo Global Management, Inc.
Filing Date: 2025-05-07
Form: 10-Q
Item: Item 8
Chunk 169
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 risk benefits4,362 — — 4,362 Debt6,301 — — 6,301 Payables for collateral on derivatives and securities to repurchase7,253 — — 7,253 Other liabilities10,372 — (17)10,355 Liabilities of consolidated variable interest entitiesOther liabilities31 1,521 (4)1,548 351,655 1,521 (21)353,155 Total Liabilities360,618 2,510 (427)362,701 Commitments and Contingencies (note 16)EquityMandatory Convertible Preferred Stock1,398 — — 1,398 Additional paid in capital15,487 40 — 15,527 Retained earnings (accumulated deficit)5,635 16,881 (16,882)5,634 Accumulated other comprehensive income (loss)(4,575)(37)29 (4,583)Total AGM Stockholders’ Equity17,945 16,884 (16,853)17,976 Non-controlling interests7,350 6,860 158 14,368 Total Equity25,295 23,744 (16,695)32,344 Total Liabilities and Equity$385,913 $26,254 $(17,122)$395,045 (Concluded)

88

December 31, 2024(In millions)Apollo Global Management, Inc. and Consolidated SubsidiariesConsolidated Funds and VIEsEliminationsConsolidatedAssetsAsset ManagementCash and cash equivalents$2,692 $— $— $2,692 Restricted cash and cash equivalents3 — — 3 Investments6,558 — (472)6,086 Assets of consolidated variable interest entitiesCash and cash equivalents— 158 — 158 Investments— 2,962 (156)2,806 Other assets— 188 (104)84 Due from related parties630 — (46)584 Goodwill264 — — 264 Other assets2,579 — — 2,579 12,726 3,308 (778)15,256 Retirement ServicesCash and cash equivalents12,733 — — 12,733 Restricted cash and cash