Company: APO
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001858681-25-000049
Chunk: 78

Company: Apollo Global Management, Inc.
Filing Date: 2025-05-07
Form: 10-Q
Item: Item 8
Chunk 78
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 2025Less than 12 months12 months or moreTotal(In millions)Fair ValueGross Unrealized LossesFair ValueGross Unrealized LossesFair ValueGross Unrealized LossesAFS securitiesU.S. government and agencies$2,028 $(57)$3,555 $(1,030)$5,583 $(1,087)U.S. state, municipal and political subdivisions40 (2)810 (224)850 (226)Foreign governments192 (17)1,418 (479)1,610 (496)Corporate17,652 (619)41,957 (10,084)59,609 (10,703)CLO6,972 (35)1,843 (137)8,815 (172)ABS5,952 (122)3,346 (237)9,298 (359)CMBS3,793 (78)1,542 (260)5,335 (338)RMBS737 (10)1,082 (134)1,819 (144)Total AFS securities37,366 (940)55,553 (12,585)92,919 (13,525)AFS securities – related partiesCorporate62 (1)367 (22)429 (23)CLO2,108 (8)283 (16)2,391 (24)ABS2,048 (16)3,663 (222)5,711 (238)Total AFS securities – related parties4,218 (25)4,313 (260)8,531 (285)Total AFS securities, including related parties$41,584 $(965)$59,866 $(12,845)$101,450 $(13,810)

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

December 31, 2024Less than 12 months12 months or moreTotal(In millions)Fair ValueGross Unrealized LossesFair ValueGross Unrealized LossesFair ValueGross Unrealized LossesAFS securitiesU.S. government and agencies$3,010 $(114)$3,462 $(1,156)$6,472 $(1,270)U.S. state, municipal and political subdivisions67