Company: APO
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001858681-25-000049
Chunk: 268

Company: Apollo Global Management, Inc.
Filing Date: 2025-05-07
Form: 10-Q
Item: Item 1
Chunk 268
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 costs deferred(515)(459)Other non-cash amounts included in net income (loss), net300 72 Changes in consolidation(23)— Changes in operating assets and liabilities:Purchases of investments by funds and VIEs (871)(1,521)Proceeds from sale of investments by funds and VIEs 1,191 879 Interest sensitive contract liabilities519 2,132 Future policy benefits, market risk benefits and reinsurance recoverable(289)(671)Other assets and liabilities, net(589)(39)Net cash provided by operating activities$1,012 $70 Cash Flows from Investing ActivitiesPurchases of investments and contributions to equity method investments$(1,336)$(634)Purchases of available-for-sale securities(24,317)(18,464)Purchases of mortgage loans(9,013)(5,714)Purchases of investment funds(714)(612)Purchases of U.S. Treasury securities(444)— Purchases of derivatives instruments and other investments(942)(857)Sales, maturities and repayments of investments and distributions from equity method investments18,976 9,601 Other investing activities, net902 295 Net cash used in investing activities$(16,888)$(16,385)Cash Flows from Financing ActivitiesIssuance of debt$294 $2,827 Repayment of debt(818)(524)Repurchase of common stock(193)(260)Common stock dividends(278)(259)Preferred stock dividends(24)(24)Distributions paid to non-controlling interests(210)(305)Contributions from non-controlling interests607 1,001 Deposits on investment-type policies and contracts25,306 20,803 Withdrawals on investment-type policies and contracts(5,248)(4,786)Net change in cash collateral posted for derivative transactions and securities to repurchase(4,399)611 Other financing activities, net(763)(742)Net cash provided by financing activities$14,274 $18,342 Effect of exchange rate changes on cash and cash equivalents3 (2)Net increase (decrease) in cash and cash equivalents, restricted cash and cash held at consolidated variable interest entities(1,599)2,025 Cash and cash equivalents, restricted cash and cash equivalents, and cash and cash equivalents held at consolidated variable interest entities, beginning of period17,112 17,691 Cash and cash equivalents, restricted cash and