Company: APO
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001858681-25-000034
Chunk: 128

Company: Apollo Global Management, Inc.
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 128
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52 — Supplemental Disclosure of Cash Flow Information of Consolidated VIEsCash Flows from Operating ActivitiesPurchases of investments - Asset Management(5,591)(5,743)(7,190)Proceeds from sale of investments - Asset Management4,714 5,464 4,192 Cash Flows from Investing ActivitiesPurchases of investments - Retirement Services(3,646)(4,224)(4,495)Proceeds from sale of investments - Retirement Services1,244 468 1,763 Purchase of U.S. Treasury Securities - Asset Management— — (1,509)Proceeds from maturities of U.S. Treasury Securities - Asset Management— — 2,673 Cash Flows from Financing ActivitiesIssuance of debt4,931 3,944 5,757 Principal repayment of debt (4,530)(3,834)(4,032)(Continued)

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Table of ContentsAPOLLO GLOBAL MANAGEMENT, INC.CONSOLIDATED STATEMENTS OF CASH FLOWS

Years ended December 31,(In millions)202420232022Distributions paid to non-controlling interests(150)(86)(1,180)Contributions from non-controlling interests2,178 1,861 5,077 Distributions to redeemable non-controlling interests— (1,072)— Changes in ConsolidationInvestments, at fair value417 (2,784)(16,570)Other assets108 (7)(216)Debt, at fair value(457)— 7,919 Notes payable20 2,717 2,611 Other liabilities(201)28 610 Non-controlling interest(53)5 6,128 Equity(82)95 — Reconciliation of Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, and Cash and Cash Equivalents Held at Consolidated Variable Interest Entities to the Consolidated Statements of Financial Condition:Cash and cash equivalents$15,425 $15,768 $8,980 Restricted cash and cash equivalents946 1,763 1,676 Cash and cash equivalents held at consolidated variable interest entities741 160 472 Total Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, and Cash and Cash Equivalents Held at Consolidated Variable Interest Entities$17,112 $17,691 $11,128 (Concluded