Company: APO
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001858681-25-000117
Chunk: 152

Company: Apollo Global Management, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 1
Chunk 152
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Interest sensitive contract liabilities$236,927 $232,387 $— $— $— $232,387 Debt7,864 7,507 — 577 6,930 — Securities to repurchase3,537 3,537 — — 3,537 — Funds withheld liability4,503 4,503 — — — 4,503 Total financial liabilities not carried at fair value$252,831 $247,934 $— $577 $10,467 $236,890 December 31, 2024(In millions)Carrying ValueFair ValueNAVLevel 1Level 2Level 3Financial assetsInvestment funds$107 $107 $107 $— $— $— Policy loans318 318 — — 318 — Funds withheld at interest21,901 21,901 — — — 21,901 Short-term investments192 192 — — — 192 Other investments93 101 — — — 101 Investments in related partiesInvestment funds714 714 714 — — — Funds withheld at interest5,665 5,665 — — — 5,665 Short-term investments743 743 — — 743 — Total financial assets not carried at fair value$29,733 $29,741 $821 $— $1,061 $27,859 Financial liabilitiesInterest sensitive contract liabilities$200,278 $192,025 $— $— $— $192,025 Debt6,309 5,844 — 581 5,263 — Securities to repurchase5,716 5,716 — — 5,716 — Funds withheld liability4,331 4,331 — — — 4,331 Total financial liabilities not carried at fair value$216,634 $207,916 $— $581 $10,979 $196,356 The fair value for financial instruments not carried at fair value are estimated using the same methods and assumptions as those carried at fair value. The financial instruments presented above are reported at carrying value on the condensed consolidated statements of financial condition; however, in the case