Company: APO
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001858681-25-000139
Chunk: 331

Company: Apollo Global Management, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 8
Chunk 331
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,560 26 315 (808)(132)184 4,145 Less: Reclassification adjustments for gains (losses) realized1(358)(4)27 — — — (335)Less: Income tax expense (benefit)1,004 6 60 (168)(28)21 895 Less: Other comprehensive income (loss) attributable to non-controlling interests, net of tax823 7 98 (409)(20)84 583 Balance at September 30, 2025$(6,083)$(267)$11 $4,004 $(187)$30 $(2,492)1 Recognized in investment related gains (losses) on the condensed consolidated statements of operations.

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

(In millions)Unrealized investment gains (losses) on AFS securities without a credit allowanceUnrealized investment gains (losses) on AFS securities with a credit allowanceUnrealized gains (losses) on hedging instrumentsRemeasurement gains (losses) on future policy benefits related to discount rateRemeasurement gains (losses) on market risk benefits related to credit riskForeign currency translation and other adjustmentsAccumulated other comprehensive income (loss)Balance at December 31, 2023$(8,675)$(289)$(81)$3,458 $3 $9 $(5,575)Other comprehensive income (loss) before reclassifications3,528 (19)264 (832)(87)22 2,876 Less: Reclassification adjustments for gains (losses) realized1(237)(14)35 — — — (216)Less: Income tax expense (benefit)776 (1)49 (176)(18)4 634 Less: Other comprehensive income (loss) attributable to non-controlling interests, net of tax505 2 67 (221)(7)10 356 Balance at September 30, 2024$(6,191)$(295)$32 $3,023 $(59)$17 $(3,473)1 Recognized in investment related gains (losses) on the condensed consolidated statements of operations.

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Table of ContentsAPOLLO GLOBAL MANAGEMENT, INC.NOTES TO CONDENSE