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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Operating activities:    
Consolidated net earnings $ 1,275,604 $ 1,132,470
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Straight-lined rents and amortization of above and below market leases (77,157) (45,372)
Equity-based compensation awards 72,467 58,029
Depreciation and amortization 850,639 660,456
Earnings from unconsolidated entities, net (151,524) (181,839)
Operating distributions from unconsolidated entities 269,992 250,763
Decrease (increase) in operating receivables from unconsolidated entities (99,762) 5,933
Amortization of debt discounts and debt issuance costs, net 12,642 8,533
Gains on real estate transactions, net (535,717) (483,430)
Unrealized foreign currency and derivative gains, net (51,373) (73,120)
Losses on early extinguishment of debt, net 16,086 2,657
Deferred income tax expense (benefit) 9,769 (1,079)
Increase in accounts receivable, lease right-of-use assets and other assets (25,849) (77,275)
Increase in accounts payable and accrued expenses, lease liabilities and other liabilities 81,843 17,192
Net cash provided by operating activities 1,647,660 1,273,918
Investing activities:    
Real estate development (1,271,656) (1,332,923)
DCT Transaction, net of cash acquired 0 (46,268)
Real estate acquisitions (660,836) (508,655)
Tenant improvements and lease commissions on previously leased space (128,413) (91,194)
Property improvements (89,132) (62,473)
Proceeds from dispositions and contributions of real estate properties 1,769,296 1,307,534
Investments in and advances to unconsolidated entities (256,727) (117,005)
Return of investment from unconsolidated entities 360,106 175,600
Proceeds from repayment of notes receivable backed by real estate 0 34,260
Proceeds from the settlement of net investment hedges 23,640 3,370
Payments on the settlement of net investment hedges (28,524) (6,351)
Net cash used in investing activities (282,246) (644,105)
Financing activities:    
Proceeds from issuance of common stock/units 5,899 5,153
Dividends/distributions paid on common and preferred stock/units (1,008,962) (819,576)
Noncontrolling interests contributions 9,076 105,295
Noncontrolling interests distributions (131,085) (168,192)
Settlement of noncontrolling interests (106,866) (52,414)
Tax paid for shares withheld (21,933) (26,694)
Debt and equity issuance costs paid (15,011) (16,367)
Net payments on credit facilities (56,452) (490,307)
Repurchase of and payments on debt (3,279,771) (3,288,016)
Proceeds from the issuance of debt 3,921,728 3,962,027
Net cash used in financing activities (683,377) (789,091)
Effect of foreign currency exchange rate changes on cash (899) (12,206)
Net increase (decrease) in cash and cash equivalents 681,138 (171,484)
Cash and cash equivalents, beginning of period 343,856 447,046
Cash and cash equivalents, end of period 1,024,994 275,562
Prologis, L.P. [Member]    
Operating activities:    
Consolidated net earnings 1,275,604 1,132,470
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Straight-lined rents and amortization of above and below market leases (77,157) (45,372)
Equity-based compensation awards 72,467 58,029
Depreciation and amortization 850,639 660,456
Earnings from unconsolidated entities, net (151,524) (181,839)
Operating distributions from unconsolidated entities 269,992 250,763
Decrease (increase) in operating receivables from unconsolidated entities (99,762) 5,933
Amortization of debt discounts and debt issuance costs, net 12,642 8,533
Gains on real estate transactions, net (535,717) (483,430)
Unrealized foreign currency and derivative gains, net (51,373) (73,120)
Losses on early extinguishment of debt, net 16,086 2,657
Deferred income tax expense (benefit) 9,769 (1,079)
Increase in accounts receivable, lease right-of-use assets and other assets (25,849) (77,275)
Increase in accounts payable and accrued expenses, lease liabilities and other liabilities 81,843 17,192
Net cash provided by operating activities 1,647,660 1,273,918
Investing activities:    
Real estate development (1,271,656) (1,332,923)
DCT Transaction, net of cash acquired 0 (46,268)
Real estate acquisitions (660,836) (508,655)
Tenant improvements and lease commissions on previously leased space (128,413) (91,194)
Property improvements (89,132) (62,473)
Proceeds from dispositions and contributions of real estate properties 1,769,296 1,307,534
Investments in and advances to unconsolidated entities (256,727) (117,005)
Return of investment from unconsolidated entities 360,106 175,600
Proceeds from repayment of notes receivable backed by real estate 0 34,260
Proceeds from the settlement of net investment hedges 23,640 3,370
Payments on the settlement of net investment hedges (28,524) (6,351)
Net cash used in investing activities (282,246) (644,105)
Financing activities:    
Proceeds from issuance of common stock/units 5,899 5,153
Dividends/distributions paid on common and preferred stock/units (1,047,030) (852,357)
Noncontrolling interests contributions 9,076 105,295
Noncontrolling interests distributions (93,017) (135,411)
Settlement of noncontrolling interests (22,468) (9,291)
Redemption of common limited partnership units (84,398) (43,123)
Tax paid for shares of the Parent withheld (21,933) (26,694)
Debt and equity issuance costs paid (15,011) (16,367)
Net payments on credit facilities (56,452) (490,307)
Repurchase of and payments on debt (3,279,771) (3,288,016)
Proceeds from the issuance of debt 3,921,728 3,962,027
Net cash used in financing activities (683,377) (789,091)
Effect of foreign currency exchange rate changes on cash (899) (12,206)
Net increase (decrease) in cash and cash equivalents 681,138 (171,484)
Cash and cash equivalents, beginning of period 343,856 447,046
Cash and cash equivalents, end of period $ 1,024,994 $ 275,562