Company: APO
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001858681-25-000034
Chunk: 169

Company: Apollo Global Management, Inc.
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 169
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 — 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 December 31, 2023(In millions)Amortized CostAllowance for Credit LossesGross Unrealized GainsGross Unrealized LossesFair ValueAFS securitiesU.S. government and agencies$6,161 $— $67 $(829)$5,399 U.S. state, municipal and political subdivisions1,296 — — (250)1,046 Foreign governments2,083 — 71 (255)1,899 Corporate88,343 (129)830 (10,798)78,246 CLO20,506 (2)261 (558)20,207 ABS13,942 (49)120 (630)13,383 CMBS7,070 (29)52 (502)6,591 RMBS8,160 (381)252 (464)7,567 Total AFS securities147,561 (590)1,653 (14,286)134,338 AFS securities – related partiesCorporate1,423 — 1 (72)1,352 CLO4,367 — 21 (120)4,268 ABS8,665 (1)34 (309)8,389 Total AFS securities – related parties14,455 (1)56 (501)14,009 Total AFS securities, including related parties$162,016 $(591)$1,709 $(14,787)$148,347 

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

The amortized cost and fair value of AFS securities, including related parties, are shown by contractual maturity below:December 31, 2024(In millions)Amortized CostFair ValueAFS securitiesDue in one year or less$2,576 $2,544 Due after one year through five years19,949 19,418 Due after five years through ten years27,