Company: APO
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001858681-25-000034
Chunk: 119

Company: Apollo Global Management, Inc.
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 119
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 and other liabilities$3,616 $3,338 Due to related parties710 870 Debt4,279 3,883 Liabilities of consolidated variable interest entitiesOther liabilities 1,363 1,145 9,968 9,236 Retirement ServicesInterest sensitive contract liabilities253,637 204,670 Future policy benefits49,902 53,287 Market risk benefits4,028 3,751 Debt6,309 4,209 Payables for collateral on derivatives and securities to repurchase11,652 7,536 Other liabilities9,784 4,456 Liabilities of consolidated variable interest entitiesOther liabilities1,635 1,098 336,947 279,007 Total Liabilities346,915 288,243 Commitments and Contingencies (note 19)Redeemable non-controlling interestsRedeemable non-controlling interests16 12 EquityMandatory Convertible Preferred Stock, 28,749,765 and 28,750,000 shares issued and outstanding as of December 31, 2024 and December 31, 2023, respectively1,398 1,398 Common Stock, $0.00001 par value, 90,000,000,000 shares authorized, 565,738,933 and 567,762,932 shares issued and outstanding as of December 31, 2024 and December 31, 2023, respectively— — Additional paid in capital15,327 15,249 Retained earnings (accumulated deficit)6,022 2,972 Accumulated other comprehensive income (loss)(5,494)(5,575)Total Apollo Global Management, Inc. Stockholders’ Equity17,253 14,044 Non-controlling interests13,711 11,189 Total Equity30,964 25,233 Total Liabilities, Redeemable non-controlling interests and Equity$377,895 $313,488 (Concluded)See accompanying notes to the consolidated financial statements.

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Table of ContentsAPOLLO GLOBAL MANAGEMENT, INC.CONSOLIDATED STATEMENTS OF OPERATIONS

Years ended December 31,(In millions, except per share data)202420232022RevenuesAsset ManagementManagement fees$1,899 $1,772 $1,503 Advisory and transaction fees, net822 623 443