Company: APO
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001858681-25-000034
Chunk: 123

Company: Apollo Global Management, Inc.
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 123
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7,330)(7,330)(158)(7,488)Balance at December 31, 2022570 $— $— $14,982 $(1,007)$(7,335)$6,640 $7,726 $14,366 (Continued)

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Table of ContentsAPOLLO GLOBAL MANAGEMENT, INC.CONSOLIDATED STATEMENTS OF EQUITY

For the year ended December 31, 2023 Apollo Global Management, Inc. Stockholders   (In millions)Common StockSeries A Mandatory Convertible Preferred StockAdditionalPaid inCapitalRetained Earnings (Accumulated Deficit)AccumulatedOtherComprehensive Income (Loss)Total ApolloGlobalManagement,Inc.Stockholders’Equity (Deficit)Non-ControllingInterestsTotal EquityBalance at January 1, 2023570 $— $14,982 $(1,007)$(7,335)$6,640 $7,726 $14,366 Other changes in equity of non-controlling interests— — — — — — (250)(250)Accretion of redeemable non-controlling interests— — (15)— — (15)— (15)Liquidation of SPACs— — 71 9 — 80 — 80 Equity issued in connection with Mandatory Convertible Preferred Stock— 1,398 — — — 1,398 — 1,398 Capital increase related to equity-based compensation— — 947 — — 947 — 947 Capital contributions— — — — — — 2,863 2,863 Dividends/distributions— (46)(241)(771)— (1,058)(836)(1,894)Payments related to issuances of common stock for equity-based awards6 — 41 (260)— (219)— (219)Repurchase of common stock(8)— (563)— — (563)— (563)Stock option exercises— — 21 — — 21 — 21 Redemption of subsidiary equity interests— — (5)— — (5)(575)(580)Subsidiary issuance of equity interests— — 11 — 3 14 570 584 Net income (