Liberty Transaction (Tables) - Liberty Transaction [Member]

6 Months Ended

Jun. 30, 2020

Schedule of Aggregate Equity Consideration

The aggregate equity consideration is calculated below (in millions, except price per share):

Number of Prologis shares and units issued upon conversion of Liberty shares and units at February 4, 2020		109.01
Multiplied by closing price of Prologis' common stock on February 3, 2020	$	91.87
Fair value of Prologis shares and units issued	$	10,015

Schedule of Purchase Price Allocated to Liberty Real Estate Properties and Related Lease Intangibles

Under acquisition accounting, the total purchase price was allocated as follows to the Liberty real estate properties and related lease intangibles on a relative fair value basis and all other assets and liabilities assumed at fair value (in millions):

Net investments in real estate	$	12,606
Intangible assets, net of intangible liabilities (1)		515
Cash and other assets		240
Debt		(2,845	)
Accounts payable, accrued expenses and other liabilities		(384	)
Noncontrolling interests		(1	)
Total purchase price, including transaction costs	$	10,131

(1) Intangible assets of $663.3 million and intangible liabilities of $148.2 million were included within Other Assets and Other Liabilities, respectively, on the Consolidated Balance Sheets. The acquired lease intangibles from the Liberty Transaction were amortized over the terms of the respective leases with a weighted average remaining lease term of 66 months.