Company: APO
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001858681-25-000034
Chunk: 26

Company: Apollo Global Management, Inc.
Filing Date: 2025-02-24
Form: 10-K
Item: Item 7
Chunk 26
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2,749 990 36.0Retirement ServicesInterest sensitive contract benefits8,949 6,229 2,720 43.76,229 538 5,691 NMFuture policy and other policy benefits3,054 14,434 (11,380)(78.8)14,434 12,465 1,969 15.8Market risk benefits remeasurement (gains) losses(102)404 (506)NM404 (1,657)2,061 NMAmortization of deferred acquisition costs, deferred sales inducements and value of business acquired941 688 253 36.8688 444 244 55.0Policy and other operating expenses2,136 1,837 299 16.31,837 1,372 465 33.914,978 23,592 (8,614)(36.5)23,592 13,162 10,430 79.2Total Expenses18,982 27,331 (8,349)(30.5)27,331 15,911 11,420 71.8Other income (loss) – Asset ManagementNet gains (losses) from investment activities58 7 51 NM7 165 (158)(95.8)Net gains (losses) from investment activities of consolidated variable interest entities90 130 (40)(30.8)130 494 (364)(73.7)Other income (loss), net155 136 19 14.0136 38 98 257.9Total Other income (loss)303 273 30 11.0273 697 (424)(60.8)Income (loss) before income tax (provision) benefit7,435 5,586 1,849 33.15,586 (4,246)9,832 NMIncome tax (provision) benefit (1,062)923 (1,985)NM923 739 184 24.9Net income (loss)6,373 6,509 (136)(2.1)6,509 (3,507)10,016 NMNet (income) loss attributable to non-controlling interests(1,796)(1,462)(334)22.8(1,462)1,546 (3,008)NMNet income (loss) attributable