Company: APO
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001858681-25-000117
Chunk: 309

Company: Apollo Global Management, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 8
Chunk 309
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FS securities with a credit allowanceUnrealized gains (losses) on hedging instrumentsRemeasurement gains (losses) on future policy benefits related to discount rateRemeasurement gains (losses) on market risk benefits related to credit riskForeign currency translation and other adjustmentsAccumulated other comprehensive income (loss)Balance at December 31, 2023$(8,675)$(289)$(81)$3,458 $3 $9 $(5,575)Other comprehensive income (loss) before reclassifications(1,615)3 39 1,431 6 (39)(175)Less: Reclassification adjustments for gains (losses) realized1111 (6)31 — — — 136 Less: Income tax expense (benefit)(346)2 2 296 2 (4)(48)Less: Other comprehensive income (loss) attributable to non-controlling interests, net of tax(381)(5)7 375 2 (16)(18)Balance at June 30, 2024$(9,674)$(277)$(82)$4,218 $5 $(10)$(5,820)1 Recognized in investment related gains (losses) on the condensed consolidated statements of operations.

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

14. Earnings per ShareThe following presents basic and diluted net income (loss) per share of common stock computed using the two-class method:Basic and DilutedThree months ended June 30,Six months ended June 30,(In millions, except share and per share amounts)2025202420252024Numerator:Net income (loss) attributable to common stockholders$605 $828 $1,023 $2,231 Dividends declared on common stock1(292)(263)(556)(508)Dividends on participating securities2(14)(16)(28)(30)Earnings allocable to participating securities(7)(15)(9)(45)Undistributed income (loss) attributable to common stockholders: Basic292 534 430 1,648 Dilution effect on distributable income attributable to Mandatory Convertible Preferred Stock— — — 49 Undistributed income (loss) attributable to common stockholders: Diluted$292 $534 $430