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10-Q Filing

PROLOGIS, INC. CIK: 1045609 Q2 2021
Filing Information
Form Type 10-Q
Accession Number 0001564590-21-038308
Period End Date 20210630
Filing Date 20210727
Fiscal Year 2021
Fiscal Period Q2
XBRL Instance pld-10q_20210630_htm.xml
Balance Sheet 74 line items
Line Item Tag Value Unit Period
Preferred stock, liquidation preference per share PreferredStockLiquidationPreference $50.00 USD Point-in-time
Preferred stock, liquidation preference per share PreferredStockLiquidationPreference $50.00 USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 100.00M shares Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 100.00M shares Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 1.28M shares Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 1.28M shares Point-in-time
Preferred stock, shares outstanding PreferredStockSharesOutstanding 1.28M shares Point-in-time
Preferred stock, shares outstanding PreferredStockSharesOutstanding 1.28M shares Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 739.38M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 739.02M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 739.38M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 739.02M shares Point-in-time
Investments in real estate properties RealEstateInvestmentPropertyAtCost $50.38B USD Point-in-time
Investments in real estate properties RealEstateInvestmentPropertyAtCost $51.52B USD Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $7.11B USD Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $6.54B USD Point-in-time
Net investments in real estate properties RealEstateInvestmentPropertyNet $44.41B USD Point-in-time
Net investments in real estate properties RealEstateInvestmentPropertyNet $43.85B USD Point-in-time
Investments in and advances to unconsolidated entities RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures $7.81B USD Point-in-time
Investments in and advances to unconsolidated entities RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures $7.60B USD Point-in-time
Assets held for sale or contribution AssetsHeldForSaleOrContribution $692.07M USD Point-in-time
Assets held for sale or contribution AssetsHeldForSaleOrContribution $1.07B USD Point-in-time
Net investments in real estate RealEstateInvestments $52.92B USD Point-in-time
Net investments in real estate RealEstateInvestments $52.52B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.09B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $598.09M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $549.13M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $601.45M USD Point-in-time
Other assets OtherAssets $2.95B USD Point-in-time
Other assets OtherAssets $2.92B USD Point-in-time
Total assets Assets $56.44B USD Point-in-time
Total assets Assets $56.07B USD Point-in-time
Debt LongTermDebt $16.99B USD Point-in-time
Debt LongTermDebt $16.85B USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $1.14B USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $1.30B USD Point-in-time
Other liabilities OtherLiabilities $1.67B USD Point-in-time
Other liabilities OtherLiabilities $1.75B USD Point-in-time
Total liabilities Liabilities $19.74B USD Point-in-time
Total liabilities Liabilities $19.96B USD Point-in-time
Series Q preferred stock at stated liquidation preference of $50 per share; $0.01 par value; 1,279 shares issued and outstanding and 100,000 preferred shares authorized at June 30, 2021 and December 31, 2020 PreferredStockValue $63.95M USD Point-in-time
Series Q preferred stock at stated liquidation preference of $50 per share; $0.01 par value; 1,279 shares issued and outstanding and 100,000 preferred shares authorized at June 30, 2021 and December 31, 2020 PreferredStockValue $63.95M USD Point-in-time
Common stock; $0.01 par value; 739,020 shares and 739,381 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively CommonStockValue $7.39M USD Point-in-time
Common stock; $0.01 par value; 739,020 shares and 739,381 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively CommonStockValue $7.39M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $35.43B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $35.49B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.19B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.04B USD Point-in-time
Distributions in excess of net earnings RetainedEarningsAccumulatedDeficit $-2.36B USD Point-in-time
Distributions in excess of net earnings RetainedEarningsAccumulatedDeficit $-2.39B USD Point-in-time
Total Prologis, Inc. stockholders equity StockholdersEquity $31.97B USD Point-in-time
Total Prologis, Inc. stockholders equity StockholdersEquity $32.11B USD Point-in-time
Noncontrolling interests MinorityInterest $4.35B USD Point-in-time
Noncontrolling interests MinorityInterest $4.38B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $36.75B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $26.07B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $36.48B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $36.32B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $36.39B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $36.78B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $56.44B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $56.07B USD Point-in-time
Noncontrolling interests MinorityInterest $4.35B USD Point-in-time
Noncontrolling interests MinorityInterest $4.38B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $36.32B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $36.48B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $36.39B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $36.75B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $26.07B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $36.78B USD Point-in-time
Income Statement 124 line items
Line Item Tag Value Unit Period
Rental OperatingLeasesIncomeStatementLeaseRevenue $944.37M USD 1 Quarter
Rental OperatingLeasesIncomeStatementLeaseRevenue $1.82B USD 2 Qtrs
Rental OperatingLeasesIncomeStatementLeaseRevenue $1.01B USD 1 Quarter
Rental OperatingLeasesIncomeStatementLeaseRevenue $2.04B USD 2 Qtrs
Strategic capital ManagementFeesRevenue1 $249.35M USD 2 Qtrs
Strategic capital ManagementFeesRevenue1 $129.39M USD 1 Quarter
Strategic capital ManagementFeesRevenue1 $417.25M USD 2 Qtrs
Strategic capital ManagementFeesRevenue1 $320.66M USD 1 Quarter
Development management and other OtherRealEstateRevenue1 $1.10M USD 1 Quarter
Development management and other OtherRealEstateRevenue1 $6.69M USD 1 Quarter
Development management and other OtherRealEstateRevenue1 $13.39M USD 2 Qtrs
Development management and other OtherRealEstateRevenue1 $3.94M USD 2 Qtrs
Total revenues Revenues $2.24B USD 2 Qtrs
Total revenues Revenues $2.30B USD 2 Qtrs
Total revenues Revenues $1.27B USD 1 Quarter
Total revenues Revenues $1.15B USD 1 Quarter
Rental DirectCostsOfLeasedAndRentedPropertyOrEquipment $523.02M USD 2 Qtrs
Rental DirectCostsOfLeasedAndRentedPropertyOrEquipment $459.73M USD 2 Qtrs
Rental DirectCostsOfLeasedAndRentedPropertyOrEquipment $232.11M USD 1 Quarter
Rental DirectCostsOfLeasedAndRentedPropertyOrEquipment $245.13M USD 1 Quarter
Strategic capital ServiceManagementCosts1 $45.10M USD 1 Quarter
Strategic capital ServiceManagementCosts1 $128.12M USD 2 Qtrs
Strategic capital ServiceManagementCosts1 $81.55M USD 1 Quarter
Strategic capital ServiceManagementCosts1 $94.55M USD 2 Qtrs
General and administrative GeneralAndAdministrativeExpense $152.37M USD 2 Qtrs
General and administrative GeneralAndAdministrativeExpense $64.66M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $74.34M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $134.35M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $398.19M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $392.74M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $744.16M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $790.31M USD 2 Qtrs
Other OtherCostAndExpenseOperating $7.98M USD 1 Quarter
Other OtherCostAndExpenseOperating $22.55M USD 2 Qtrs
Other OtherCostAndExpenseOperating $7.19M USD 1 Quarter
Other OtherCostAndExpenseOperating $10.64M USD 2 Qtrs
Total expenses OperatingExpensesBeforeGainsOnRealEstateTransactionsNet $784.49M USD 1 Quarter
Total expenses OperatingExpensesBeforeGainsOnRealEstateTransactionsNet $764.50M USD 1 Quarter
Total expenses OperatingExpensesBeforeGainsOnRealEstateTransactionsNet $1.57B USD 2 Qtrs
Total expenses OperatingExpensesBeforeGainsOnRealEstateTransactionsNet $1.49B USD 2 Qtrs
Operating income before gains on real estate transactions, net OperatingIncomeLossBeforeGainsLossOnRealEstateTransactionsNet $481.63M USD 1 Quarter
Operating income before gains on real estate transactions, net OperatingIncomeLossBeforeGainsLossOnRealEstateTransactionsNet $755.45M USD 2 Qtrs
Operating income before gains on real estate transactions, net OperatingIncomeLossBeforeGainsLossOnRealEstateTransactionsNet $728.27M USD 2 Qtrs
Operating income before gains on real estate transactions, net OperatingIncomeLossBeforeGainsLossOnRealEstateTransactionsNet $386.34M USD 1 Quarter
Gains on dispositions of development properties and land, net GainsOnDispositionsOfDevelopmentPropertiesAndLandNet $361.00M USD 2 Qtrs
Gains on dispositions of development properties and land, net GainsOnDispositionsOfDevelopmentPropertiesAndLandNet $86.42M USD 1 Quarter
Gains on dispositions of development properties and land, net GainsOnDispositionsOfDevelopmentPropertiesAndLandNet $249.17M USD 2 Qtrs
Gains on dispositions of development properties and land, net GainsOnDispositionsOfDevelopmentPropertiesAndLandNet $187.36M USD 1 Quarter
Gains on other dispositions of investments in real estate, net GainsOnOtherDispositionsOfInvestmentsInRealEstateNet $127.17M USD 1 Quarter
Gains on other dispositions of investments in real estate, net GainsOnOtherDispositionsOfInvestmentsInRealEstateNet $75.43M USD 2 Qtrs
Gains on other dispositions of investments in real estate, net GainsOnOtherDispositionsOfInvestmentsInRealEstateNet $143.79M USD 2 Qtrs
Gains on other dispositions of investments in real estate, net GainsOnOtherDispositionsOfInvestmentsInRealEstateNet $43.94M USD 1 Quarter
Operating income OperatingIncomeLoss $1.23B USD 2 Qtrs
Operating income OperatingIncomeLoss $1.08B USD 2 Qtrs
Operating income OperatingIncomeLoss $700.87M USD 1 Quarter
Operating income OperatingIncomeLoss $611.99M USD 1 Quarter
Earnings from unconsolidated entities, net IncomeLossFromEquityMethodInvestments $54.14M USD 1 Quarter
Earnings from unconsolidated entities, net IncomeLossFromEquityMethodInvestments $142.87M USD 2 Qtrs
Earnings from unconsolidated entities, net IncomeLossFromEquityMethodInvestments $72.42M USD 1 Quarter
Earnings from unconsolidated entities, net IncomeLossFromEquityMethodInvestments $139.47M USD 2 Qtrs
Interest expense InterestExpense $156.94M USD 2 Qtrs
Interest expense InterestExpense $68.41M USD 1 Quarter
Interest expense InterestExpense $81.30M USD 1 Quarter
Interest expense InterestExpense $139.69M USD 2 Qtrs
Interest and other income, net OtherNonoperatingIncomeExpense $5.46M USD 2 Qtrs
Interest and other income, net OtherNonoperatingIncomeExpense $1.03M USD 1 Quarter
Interest and other income, net OtherNonoperatingIncomeExpense $715.00K USD 1 Quarter
Interest and other income, net OtherNonoperatingIncomeExpense $1.40M USD 2 Qtrs
Foreign currency and derivative gains (losses), net GainLossOnForeignCurrencyAndDerivative $52.49M USD 2 Qtrs
Foreign currency and derivative gains (losses), net GainLossOnForeignCurrencyAndDerivative $74.07M USD 2 Qtrs
Foreign currency and derivative gains (losses), net GainLossOnForeignCurrencyAndDerivative $-6.08M USD 1 Quarter
Foreign currency and derivative gains (losses), net GainLossOnForeignCurrencyAndDerivative $-60.84M USD 1 Quarter
Losses on early extinguishment of debt, net GainsLossesOnExtinguishmentOfDebt $-66.34M USD 2 Qtrs
Losses on early extinguishment of debt, net GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Losses on early extinguishment of debt, net GainsLossesOnExtinguishmentOfDebt $-187.45M USD 2 Qtrs
Losses on early extinguishment of debt, net GainsLossesOnExtinguishmentOfDebt $-23.57M USD 1 Quarter
Total other expense NonoperatingIncomeExpense $-110.54M USD 1 Quarter
Total other expense NonoperatingIncomeExpense $-26.52M USD 2 Qtrs
Total other expense NonoperatingIncomeExpense $-108.14M USD 2 Qtrs
Total other expense NonoperatingIncomeExpense $-1.36M USD 1 Quarter
Earnings before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.05B USD 2 Qtrs
Earnings before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.12B USD 2 Qtrs
Earnings before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $699.51M USD 1 Quarter
Earnings before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $501.45M USD 1 Quarter
Total income tax expense IncomeTaxExpenseBenefit $46.51M USD 1 Quarter
Total income tax expense IncomeTaxExpenseBenefit $74.91M USD 2 Qtrs
Total income tax expense IncomeTaxExpenseBenefit $49.20M USD 1 Quarter
Total income tax expense IncomeTaxExpenseBenefit $77.42M USD 2 Qtrs
Consolidated net earnings ProfitLoss $976.10M USD 2 Qtrs
Consolidated net earnings ProfitLoss $1.05B USD 2 Qtrs
Consolidated net earnings ProfitLoss $650.31M USD 1 Quarter
Consolidated net earnings ProfitLoss $454.94M USD 1 Quarter
Less net earnings attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $48.77M USD 1 Quarter
Less net earnings attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $82.48M USD 2 Qtrs
Less net earnings attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $78.88M USD 2 Qtrs
Less net earnings attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $50.14M USD 1 Quarter
Net earnings attributable to controlling interests NetIncomeLoss $897.23M USD 2 Qtrs
Net earnings attributable to controlling interests NetIncomeLoss $967.52M USD 2 Qtrs
Net earnings attributable to controlling interests NetIncomeLoss $406.17M USD 1 Quarter
Net earnings attributable to controlling interests NetIncomeLoss $600.18M USD 1 Quarter
Less preferred stock/unit dividends/distributions PreferredStockDividendsIncomeStatementImpact $3.27M USD 2 Qtrs
Less preferred stock/unit dividends/distributions PreferredStockDividendsIncomeStatementImpact $1.63M USD 1 Quarter
Less preferred stock/unit dividends/distributions PreferredStockDividendsIncomeStatementImpact $3.08M USD 2 Qtrs
Less preferred stock/unit dividends/distributions PreferredStockDividendsIncomeStatementImpact $1.55M USD 1 Quarter
Net earnings attributable to common stockholders/unitholders NetIncomeLossAvailableToCommonStockholdersBasic $598.62M USD 1 Quarter
Net earnings attributable to common stockholders/unitholders NetIncomeLossAvailableToCommonStockholdersBasic $964.44M USD 2 Qtrs
Net earnings attributable to common stockholders/unitholders NetIncomeLossAvailableToCommonStockholdersBasic $404.54M USD 1 Quarter
Net earnings attributable to common stockholders/unitholders NetIncomeLossAvailableToCommonStockholdersBasic $893.96M USD 2 Qtrs
Weighted average common shares/units outstanding - Basic WeightedAverageNumberOfSharesOutstandingBasic 737.99M shares 1 Quarter
Weighted average common shares/units outstanding - Basic WeightedAverageNumberOfSharesOutstandingBasic 739.19M shares 1 Quarter
Weighted average common shares/units outstanding - Basic WeightedAverageNumberOfSharesOutstandingBasic 739.11M shares 2 Qtrs
Weighted average common shares/units outstanding - Basic WeightedAverageNumberOfSharesOutstandingBasic 718.28M shares 2 Qtrs
Weighted average common shares/units outstanding - Diluted WeightedAverageNumberOfDilutedSharesOutstanding 746.03M shares 2 Qtrs
Weighted average common shares/units outstanding - Diluted WeightedAverageNumberOfDilutedSharesOutstanding 764.72M shares 2 Qtrs
Weighted average common shares/units outstanding - Diluted WeightedAverageNumberOfDilutedSharesOutstanding 764.65M shares 1 Quarter
Weighted average common shares/units outstanding - Diluted WeightedAverageNumberOfDilutedSharesOutstanding 765.83M shares 1 Quarter
Net earnings per share/unit attributable to common stockholders/unitholders - Basic EarningsPerShareBasic $1.30 USD 2 Qtrs
Net earnings per share/unit attributable to common stockholders/unitholders - Basic EarningsPerShareBasic $1.24 USD 2 Qtrs
Net earnings per share/unit attributable to common stockholders/unitholders - Basic EarningsPerShareBasic $0.55 USD 1 Quarter
Net earnings per share/unit attributable to common stockholders/unitholders - Basic EarningsPerShareBasic $0.81 USD 1 Quarter
Net earnings per share/unit attributable to common stockholders/unitholders - Diluted EarningsPerShareDiluted $0.81 USD 1 Quarter
Net earnings per share/unit attributable to common stockholders/unitholders - Diluted EarningsPerShareDiluted $1.23 USD 2 Qtrs
Net earnings per share/unit attributable to common stockholders/unitholders - Diluted EarningsPerShareDiluted $1.30 USD 2 Qtrs
Net earnings per share/unit attributable to common stockholders/unitholders - Diluted EarningsPerShareDiluted $0.54 USD 1 Quarter
Cash Flow Statement 102 line items
Line Item Tag Value Unit Period
Consolidated net earnings ProfitLoss $976.10M USD 2 Qtrs
Consolidated net earnings ProfitLoss $1.05B USD 2 Qtrs
Consolidated net earnings ProfitLoss $650.31M USD 1 Quarter
Consolidated net earnings ProfitLoss $454.94M USD 1 Quarter
Straight-lined rents and amortization of above and below market leases StraightLineRentsAndAmortizationOfAboveAndBelowMarketLeases $52.91M USD 2 Qtrs
Straight-lined rents and amortization of above and below market leases StraightLineRentsAndAmortizationOfAboveAndBelowMarketLeases $72.91M USD 2 Qtrs
Equity-based compensation awards ShareBasedCompensation $59.81M USD 2 Qtrs
Equity-based compensation awards ShareBasedCompensation $58.52M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $392.74M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $398.19M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $744.16M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $790.31M USD 2 Qtrs
Earnings from unconsolidated entities, net IncomeLossFromEquityMethodInvestments $142.87M USD 2 Qtrs
Earnings from unconsolidated entities, net IncomeLossFromEquityMethodInvestments $72.42M USD 1 Quarter
Earnings from unconsolidated entities, net IncomeLossFromEquityMethodInvestments $54.14M USD 1 Quarter
Earnings from unconsolidated entities, net IncomeLossFromEquityMethodInvestments $139.47M USD 2 Qtrs
Operating distributions from unconsolidated entities EquityMethodInvestmentDividendsOrDistributions $196.75M USD 2 Qtrs
Operating distributions from unconsolidated entities EquityMethodInvestmentDividendsOrDistributions $182.74M USD 2 Qtrs
Decrease (increase) in operating receivables from unconsolidated entities IncreaseDecreaseInOperatingReceivablesFromUnconsolidatedEntities $176.94M USD 2 Qtrs
Decrease (increase) in operating receivables from unconsolidated entities IncreaseDecreaseInOperatingReceivablesFromUnconsolidatedEntities $-6.58M USD 2 Qtrs
Amortization of debt discounts and debt issuance costs, net AmortizationOfFinancingCostsAndDiscounts $4.17M USD 2 Qtrs
Amortization of debt discounts and debt issuance costs, net AmortizationOfFinancingCostsAndDiscounts $3.46M USD 2 Qtrs
Gains on dispositions of development properties and land, net GainsOnDispositionsOfDevelopmentPropertiesAndLandNet $187.36M USD 1 Quarter
Gains on dispositions of development properties and land, net GainsOnDispositionsOfDevelopmentPropertiesAndLandNet $86.42M USD 1 Quarter
Gains on dispositions of development properties and land, net GainsOnDispositionsOfDevelopmentPropertiesAndLandNet $249.17M USD 2 Qtrs
Gains on dispositions of development properties and land, net GainsOnDispositionsOfDevelopmentPropertiesAndLandNet $361.00M USD 2 Qtrs
Gains on other dispositions of investments in real estate, net GainsOnOtherDispositionsOfInvestmentsInRealEstateNet $127.17M USD 1 Quarter
Gains on other dispositions of investments in real estate, net GainsOnOtherDispositionsOfInvestmentsInRealEstateNet $75.43M USD 2 Qtrs
Gains on other dispositions of investments in real estate, net GainsOnOtherDispositionsOfInvestmentsInRealEstateNet $143.79M USD 2 Qtrs
Gains on other dispositions of investments in real estate, net GainsOnOtherDispositionsOfInvestmentsInRealEstateNet $43.94M USD 1 Quarter
Unrealized foreign currency and derivative gains, net ForeignCurrencyTransactionGainLossUnrealized $83.38M USD 2 Qtrs
Unrealized foreign currency and derivative gains, net ForeignCurrencyTransactionGainLossUnrealized $42.90M USD 2 Qtrs
Losses on early extinguishment of debt, net GainsLossesOnExtinguishmentOfDebt $-66.34M USD 2 Qtrs
Losses on early extinguishment of debt, net GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Losses on early extinguishment of debt, net GainsLossesOnExtinguishmentOfDebt $-187.45M USD 2 Qtrs
Losses on early extinguishment of debt, net GainsLossesOnExtinguishmentOfDebt $-23.57M USD 1 Quarter
Deferred income tax expense DeferredIncomeTaxExpenseBenefit $831.00K USD 2 Qtrs
Deferred income tax expense DeferredIncomeTaxExpenseBenefit $13.86M USD 2 Qtrs
Decrease in accounts receivable and other assets IncreaseDecreaseInOperatingAssets $-5.38M USD 2 Qtrs
Decrease in accounts receivable and other assets IncreaseDecreaseInOperatingAssets $-79.09M USD 2 Qtrs
Decrease in accounts payable and accrued expenses and other liabilities IncreaseDecreaseInOperatingLiabilities $-46.58M USD 2 Qtrs
Decrease in accounts payable and accrued expenses and other liabilities IncreaseDecreaseInOperatingLiabilities $-16.97M USD 2 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $1.47B USD 2 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $1.36B USD 2 Qtrs
Real estate development PaymentsToDevelopRealEstateAssets $997.33M USD 2 Qtrs
Real estate development PaymentsToDevelopRealEstateAssets $977.60M USD 2 Qtrs
Real estate acquisitions PaymentsToAcquireRealEstate $560.42M USD 2 Qtrs
Real estate acquisitions PaymentsToAcquireRealEstate $830.57M USD 2 Qtrs
Tenant improvements and lease commissions on previously leased space PaymentsForLeasingCostsCommissionsAndTenantImprovements $148.04M USD 2 Qtrs
Tenant improvements and lease commissions on previously leased space PaymentsForLeasingCostsCommissionsAndTenantImprovements $84.88M USD 2 Qtrs
Property improvements PaymentForPropertyImprovements $51.46M USD 2 Qtrs
Property improvements PaymentForPropertyImprovements $41.13M USD 2 Qtrs
Proceeds from dispositions and contributions of real estate properties ProceedsFromRealEstateAndRealEstateJointVentures $1.26B USD 2 Qtrs
Proceeds from dispositions and contributions of real estate properties ProceedsFromRealEstateAndRealEstateJointVentures $1.83B USD 2 Qtrs
Investments in and advances to unconsolidated entities PaymentsToInvestmentsInAndAdvancesToUnconsolidatedEntities $286.85M USD 2 Qtrs
Investments in and advances to unconsolidated entities PaymentsToInvestmentsInAndAdvancesToUnconsolidatedEntities $366.64M USD 2 Qtrs
Return of investment from unconsolidated entities ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $141.49M USD 2 Qtrs
Return of investment from unconsolidated entities ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $46.13M USD 2 Qtrs
Proceeds from repayment of notes receivable backed by real estate ProceedsFromCollectionOfNotesReceivable $4.31M USD 2 Qtrs
Proceeds from repayment of notes receivable backed by real estate ProceedsFromCollectionOfNotesReceivable - USD 2 Qtrs
Proceeds from the settlement of net investment hedges ProceedsFromHedgeInvestingActivities - USD 2 Qtrs
Proceeds from the settlement of net investment hedges ProceedsFromHedgeInvestingActivities $2.35M USD 2 Qtrs
Payments on the settlement of net investment hedges PaymentsForHedgeInvestingActivities $8.00M USD 2 Qtrs
Payments on the settlement of net investment hedges PaymentsForHedgeInvestingActivities $7.03M USD 2 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-2.25B USD 2 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-516.00M USD 2 Qtrs
Proceeds from issuance of common stock/units ProceedsFromIssuanceOrSaleOfEquity $1.85M USD 2 Qtrs
Proceeds from issuance of common stock/units ProceedsFromIssuanceOrSaleOfEquity $743.00K USD 2 Qtrs
Repurchase and retirement of common stock PaymentsForRepurchaseOfEquity - USD 2 Qtrs
Repurchase and retirement of common stock PaymentsForRepurchaseOfEquity $34.83M USD 2 Qtrs
Dividends/distributions paid on common and preferred stock/units PaymentsOfDividends $936.18M USD 2 Qtrs
Dividends/distributions paid on common and preferred stock/units PaymentsOfDividends $861.74M USD 2 Qtrs
Noncontrolling interests contributions ProceedsFromMinorityShareholders $4.36M USD 2 Qtrs
Noncontrolling interests contributions ProceedsFromMinorityShareholders $916.97M USD 2 Qtrs
Noncontrolling interests distributions PaymentsToMinorityShareholdersExcludingParentCompanyDistributions $102.79M USD 2 Qtrs
Noncontrolling interests distributions PaymentsToMinorityShareholdersExcludingParentCompanyDistributions $185.55M USD 2 Qtrs
Settlement of noncontrolling interests PaymentsForRepurchaseOfRedeemableNoncontrollingInterest $105.57M USD 2 Qtrs
Settlement of noncontrolling interests PaymentsForRepurchaseOfRedeemableNoncontrollingInterest $42.74M USD 2 Qtrs
Tax paid with shares withheld PaymentsRelatedToTaxWithholdingForShareBasedCompensation $17.47M USD 2 Qtrs
Tax paid with shares withheld PaymentsRelatedToTaxWithholdingForShareBasedCompensation $23.13M USD 2 Qtrs
Debt and equity issuance costs paid PaymentOfFinancingAndStockIssuanceCosts $20.48M USD 2 Qtrs
Debt and equity issuance costs paid PaymentOfFinancingAndStockIssuanceCosts $40.98M USD 2 Qtrs
Net payments on credit facilities ProceedsFromRepaymentsOfLinesOfCredit $-62.48M USD 2 Qtrs
Net payments on credit facilities ProceedsFromRepaymentsOfLinesOfCredit $-170.23M USD 2 Qtrs
Repurchase of and payments on debt RepurchaseOfAndRepaymentsOnDebtExcludingLineOfCredit $4.69B USD 2 Qtrs
Repurchase of and payments on debt RepurchaseOfAndRepaymentsOnDebtExcludingLineOfCredit $2.19B USD 2 Qtrs
Proceeds from the issuance of debt ProceedsFromIssuanceOfDebtExcludingLineOfCredit $2.62B USD 2 Qtrs
Proceeds from the issuance of debt ProceedsFromIssuanceOfDebtExcludingLineOfCredit $5.38B USD 2 Qtrs
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $354.36M USD 2 Qtrs
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-914.98M USD 2 Qtrs
Effect of foreign currency exchange rate changes on cash EffectOfExchangeRateOnCashAndCashEquivalents $-31.57M USD 2 Qtrs
Effect of foreign currency exchange rate changes on cash EffectOfExchangeRateOnCashAndCashEquivalents $1.73M USD 2 Qtrs
Net increase (decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $3.36M USD 2 Qtrs
Net increase (decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-539.73M USD 2 Qtrs
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $549.13M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $601.45M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $598.09M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $1.09B USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $598.09M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $549.13M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $601.45M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $1.09B USD Point-in-time
Stockholders Equity 52 line items
Line Item Tag Value Unit Period
Dividends per common share CommonStockDividendsPerShareCashPaid $0.58 USD 1 Quarter
Dividends per common share CommonStockDividendsPerShareCashPaid $1.16 USD 2 Qtrs
Dividends per common share CommonStockDividendsPerShareCashPaid $1.26 USD 2 Qtrs
Dividends per common share CommonStockDividendsPerShareCashPaid $0.63 USD 1 Quarter
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $36.75B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $26.07B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $36.48B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $36.32B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $36.39B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $36.78B USD Point-in-time
Balance, shares CommonStockSharesIssued 739.02M shares Point-in-time
Balance, shares CommonStockSharesIssued 739.38M shares Point-in-time
Consolidated net earnings ProfitLoss $976.10M USD 2 Qtrs
Consolidated net earnings ProfitLoss $1.05B USD 2 Qtrs
Consolidated net earnings ProfitLoss $650.31M USD 1 Quarter
Consolidated net earnings ProfitLoss $454.94M USD 1 Quarter
Effect of equity compensation plans StockIssuedDuringPeriodValueShareBasedCompensation $57.86M USD 2 Qtrs
Effect of equity compensation plans StockIssuedDuringPeriodValueShareBasedCompensation $49.83M USD 2 Qtrs
Effect of equity compensation plans StockIssuedDuringPeriodValueShareBasedCompensation $26.52M USD 1 Quarter
Effect of equity compensation plans StockIssuedDuringPeriodValueShareBasedCompensation $26.50M USD 1 Quarter
Liberty Transaction, net of issuance costs StockIssuedDuringPeriodValueAcquisitions1 $-520.00K USD 1 Quarter
Liberty Transaction, net of issuance costs StockIssuedDuringPeriodValueAcquisitions1 $10.01B USD 2 Qtrs
Repurchase of common units StockRepurchasedAndRetiredDuringPeriodValue $34.83M USD 2 Qtrs
Capital contributions NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest $916.97M USD 2 Qtrs
Capital contributions NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest $4.36M USD 2 Qtrs
Capital contributions NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest $4.24M USD 1 Quarter
Redemption of noncontrolling interests MinorityInterestDecreaseFromRedemptions $74.19M USD 1 Quarter
Redemption of noncontrolling interests MinorityInterestDecreaseFromRedemptions $105.57M USD 2 Qtrs
Redemption of noncontrolling interests MinorityInterestDecreaseFromRedemptions $25.93M USD 1 Quarter
Redemption of noncontrolling interests MinorityInterestDecreaseFromRedemptions $42.74M USD 2 Qtrs
Consolidation of other venture ConsolidationOfOtherVenture $25.76M USD 2 Qtrs
Consolidation of other venture ConsolidationOfOtherVenture $25.76M USD 1 Quarter
Foreign currency translation gains (losses), net OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $153.17M USD 2 Qtrs
Foreign currency translation gains (losses), net OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-18.59M USD 1 Quarter
Foreign currency translation gains (losses), net OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-134.59M USD 2 Qtrs
Foreign currency translation gains (losses), net OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-1.05M USD 1 Quarter
Unrealized gains (losses) on derivative contracts, net OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $1.37M USD 1 Quarter
Unrealized gains (losses) on derivative contracts, net OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-22.07M USD 2 Qtrs
Unrealized gains (losses) on derivative contracts, net OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $4.81M USD 1 Quarter
Unrealized gains (losses) on derivative contracts, net OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $9.63M USD 2 Qtrs
Dividends and other distributions DividendsAndOther $-1.04B USD 2 Qtrs
Dividends and other distributions DividendsAndOther $-484.97M USD 1 Quarter
Dividends and other distributions DividendsAndOther $-1.05B USD 2 Qtrs
Dividends and other distributions DividendsAndOther $-523.26M USD 1 Quarter
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $36.75B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $26.07B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $36.48B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $36.32B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $36.39B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $36.78B USD Point-in-time
Balance, shares CommonStockSharesIssued 739.38M shares Point-in-time
Balance, shares CommonStockSharesIssued 739.02M shares Point-in-time
Comprehensive Income 28 line items
Line Item Tag Value Unit Period
Consolidated net earnings ProfitLoss $976.10M USD 2 Qtrs
Consolidated net earnings ProfitLoss $1.05B USD 2 Qtrs
Consolidated net earnings ProfitLoss $650.31M USD 1 Quarter
Consolidated net earnings ProfitLoss $454.94M USD 1 Quarter
Foreign currency translation gains (losses), net OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $153.17M USD 2 Qtrs
Foreign currency translation gains (losses), net OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-18.59M USD 1 Quarter
Foreign currency translation gains (losses), net OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-134.59M USD 2 Qtrs
Foreign currency translation gains (losses), net OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-1.05M USD 1 Quarter
Unrealized gains (losses) on derivative contracts, net OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $9.63M USD 2 Qtrs
Unrealized gains (losses) on derivative contracts, net OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $4.81M USD 1 Quarter
Unrealized gains (losses) on derivative contracts, net OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $1.37M USD 1 Quarter
Unrealized gains (losses) on derivative contracts, net OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-22.07M USD 2 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $819.44M USD 2 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $455.26M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $636.54M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $1.21B USD 2 Qtrs
Net earnings attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $50.14M USD 1 Quarter
Net earnings attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $78.88M USD 2 Qtrs
Net earnings attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $82.48M USD 2 Qtrs
Net earnings attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $48.77M USD 1 Quarter
Other comprehensive loss (income) attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest $-4.93M USD 2 Qtrs
Other comprehensive loss (income) attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest $-207.00K USD 1 Quarter
Other comprehensive loss (income) attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest $97.00K USD 1 Quarter
Other comprehensive loss (income) attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest $4.18M USD 2 Qtrs
Comprehensive income attributable to common stockholders/unitholders ComprehensiveIncomeNetOfTax $406.40M USD 1 Quarter
Comprehensive income attributable to common stockholders/unitholders ComprehensiveIncomeNetOfTax $1.13B USD 2 Qtrs
Comprehensive income attributable to common stockholders/unitholders ComprehensiveIncomeNetOfTax $745.50M USD 2 Qtrs
Comprehensive income attributable to common stockholders/unitholders ComprehensiveIncomeNetOfTax $586.61M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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