v3.24.0.1
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Assets    
Goodwill $ 4,329 $ 4,322
Reinsurance recoverable 4,154 4,358
Deferred acquisition costs, deferred sales inducements and value of business acquired 5,979 4,466
Total Assets 313,488 257,217
Liabilities    
Debt 8,092 6,472
Interest sensitive contract liabilities 204,670 173,616
Future policy benefits 53,287 42,110
Market risk benefits 3,751 2,970
Total Liabilities 288,243 241,819
Commitments and Contingencies (note 20)
Redeemable non-controlling interests    
Redeemable non-controlling interests 12 1,032
Equity    
Mandatory Convertible Preferred Stock, 28,750,000 and 0 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively 1,398 0
Common Stock, $0.00001 par value, 90,000,000,000 shares authorized, 567,762,932 and 570,276,188 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively 0 0
Additional paid in capital 15,249 14,982
Retained earnings (accumulated deficit) 2,972 (1,007)
Accumulated other comprehensive income (loss) (5,575) (7,335)
Total Apollo Global Management, Inc. Stockholders’ Equity 14,044 6,640
Non-controlling interests 11,189 7,726
Total Equity 25,233 14,366
Total Liabilities, Redeemable non-controlling interests and Equity 313,488 257,217
VIE, Primary Beneficiary    
Assets    
Cash and cash equivalents 160 472
Related Party | VIE, Primary Beneficiary    
Assets    
Restricted cash and cash equivalents 0 1,046
Liabilities    
Other liabilities 0 8
Asset Management    
Assets    
Restricted cash and cash equivalents 2 1,048
Due from related parties 449 465
Goodwill 264 264
Total Assets 13,175 13,402
Liabilities    
Accounts payable, accrued expenses, and other liabilities 3,338 2,975
Debt 3,883 2,814
Notes payable 0 50
Total Liabilities 9,236 8,736
Asset Management | VIE, Primary Beneficiary    
Assets    
Cash and cash equivalents 62 110
Other assets 177 30
Asset Management | Consolidated Entity, Excluding Consolidated VIE    
Assets    
Cash and cash equivalents 2,748 1,201
Other assets 2,331 2,333
Asset Management | Related Party | Consolidated Entity, Excluding Consolidated VIE    
Liabilities    
Other liabilities 870 998
Asset Management | Nonrelated Party | VIE, Primary Beneficiary    
Assets    
Investments 1,640 2,369
Liabilities    
Other liabilities 1,145 1,899
Asset Management | Nonrelated Party | Consolidated Entity, Excluding Consolidated VIE    
Assets    
Investments 5,502 5,582
Retirement Services    
Assets    
Restricted cash and cash equivalents 1,761 628
Goodwill 4,065 4,058
Reinsurance recoverable 4,154 4,358
Deferred acquisition costs, deferred sales inducements and value of business acquired 5,979 4,466
Total Assets 300,313 243,815
Liabilities    
Debt 4,209 3,658
Interest sensitive contract liabilities 204,670 173,616
Future policy benefits 53,287 42,110
Market risk benefits 3,751 2,970
Payables for collateral on derivatives and securities to repurchase 7,536 6,707
Total Liabilities 279,007 233,083
Retirement Services | VIE, Primary Beneficiary    
Assets    
Cash and cash equivalents 98 362
Other assets 110 112
Retirement Services | Consolidated Entity, Excluding Consolidated VIE    
Assets    
Cash and cash equivalents 13,020 7,779
Other assets 11,953 9,905
Retirement Services | Related Party | Consolidated Entity, Excluding Consolidated VIE    
Assets    
Investments 25,842 23,960
Retirement Services | Nonrelated Party | VIE, Primary Beneficiary    
Assets    
Investments 20,232 15,699
Liabilities    
Other liabilities 1,098 809
Retirement Services | Nonrelated Party | Consolidated Entity, Excluding Consolidated VIE    
Assets    
Investments 213,099 172,488
Liabilities    
Other liabilities $ 4,456 $ 3,213