Company: APO
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001858681-25-000117
Chunk: 227

Company: Apollo Global Management, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 8
Chunk 227
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192 CLO7,384 — 163 (9)7,538 ABS12,003 (1)36 (229)11,809 Total AFS securities – related parties21,576 (1)220 (256)21,539 Total AFS securities, including related parties$221,213 $(761)$3,431 $(13,594)$210,289 

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

December 31, 2024(In millions)Amortized CostAllowance for Credit LossesGross Unrealized GainsGross Unrealized LossesFair ValueAFS securitiesU.S. government and agencies$8,413 $— $8 $(1,270)$7,151 U.S. state, municipal and political subdivisions1,167 — — (246)921 Foreign governments2,082 — — (514)1,568 Corporate95,006 (175)485 (11,731)83,585 CLO29,524 — 266 (608)29,182 ABS24,779 (76)138 (640)24,201 CMBS11,158 (60)75 (432)10,741 RMBS8,587 (397)228 (403)8,015 Total AFS securities180,716 (708)1,200 (15,844)165,364 AFS securities – related partiesCorporate2,150 — 18 (31)2,137 CLO6,130 — 18 (113)6,035 ABS10,899 (1)21 (288)10,631 Total AFS securities – related parties19,179 (1)57 (432)18,803 Total AFS securities, including related parties$199,895 $(709)$1,257 $(16,276)$184,167 The amortized cost and fair value of AFS securities, including related parties, are shown by contractual maturity below:June 30, 2025(In millions)Amortized CostFair ValueAFS securitiesDue in one year or less$2,385 $2,355 Due after one year through five years25,853