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Consolidated Statements of Cash Flows(Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating activities:    
Consolidated net earnings $ 1,866,158 $ 1,050,006
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Straight-lined rents and amortization of above and below market leases (72,666) (72,910)
Equity-based compensation awards 78,352 58,521
Depreciation and amortization 798,960 790,311
Earnings from unconsolidated entities, net (156,556) (139,468)
Operating distributions from unconsolidated entities 192,210 196,751
Decrease (increase) in operating receivables from unconsolidated entities (34,951) 6,585
Amortization of debt discounts and debt issuance costs, net 4,275 4,168
Gains on dispositions of development properties and land, net (316,008) (361,004)
Gains on other dispositions of investments in real estate, net (584,835) (143,790)
Unrealized foreign currency and derivative gains, net (154,965) (83,382)
Losses on early extinguishment of debt, net 18,895 187,453
Deferred income tax expense 17,557 13,858
Decrease in accounts receivable and other assets 99,859 5,383
Decrease in accounts payable and accrued expenses and other liabilities (110,808) (46,579)
Net cash provided by operating activities 1,645,477 1,465,903
Investing activities:    
Real estate development (1,462,010) (997,328)
Real estate acquisitions (1,869,426) (830,574)
Tenant improvements and lease commissions on previously leased space (175,480) (148,037)
Property improvements (55,816) (41,129)
Proceeds from dispositions and contributions of real estate 1,653,597 1,829,576
Investments in and advances to unconsolidated entities (112,848) (366,644)
Return of investment from unconsolidated entities 37,252 46,135
Proceeds from the settlement of net investment hedges 26,487 0
Payments on the settlement of net investment hedges (771) (8,000)
Net cash used in investing activities (1,959,015) (516,001)
Financing activities:    
Proceeds from issuance of common stock/units 0 743
Dividends/distributions paid on common and preferred stock/units (1,175,114) (936,181)
Noncontrolling interests contributions 11,083 4,361
Noncontrolling interests distributions (166,289) (102,793)
Settlement of noncontrolling interests (49,988) (105,567)
Tax paid with shares withheld (23,970) (17,472)
Debt and equity issuance costs paid (28,119) (20,483)
Net proceeds from (payments on) credit facilities 127,454 (170,230)
Repurchase of and payments on debt (751,114) (2,185,209)
Proceeds from the issuance of debt 2,285,021 2,617,854
Net cash provided by (used in) financing activities 228,964 (914,977)
Effect of foreign currency exchange rate changes on cash (34,028) (31,565)
Net increase (decrease) in cash and cash equivalents (118,602) 3,360
Cash and cash equivalents, beginning of period 556,117 598,086
Cash and cash equivalents, end of period 437,515 601,446
Prologis, L.P. [Member]    
Operating activities:    
Consolidated net earnings 1,866,158 1,050,006
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Straight-lined rents and amortization of above and below market leases (72,666) (72,910)
Equity-based compensation awards 78,352 58,521
Depreciation and amortization 798,960 790,311
Earnings from unconsolidated entities, net (156,556) (139,468)
Operating distributions from unconsolidated entities 192,210 196,751
Decrease (increase) in operating receivables from unconsolidated entities (34,951) 6,585
Amortization of debt discounts and debt issuance costs, net 4,275 4,168
Gains on dispositions of development properties and land, net (316,008) (361,004)
Gains on other dispositions of investments in real estate, net (584,835) (143,790)
Unrealized foreign currency and derivative gains, net (154,965) (83,382)
Losses on early extinguishment of debt, net 18,895 187,453
Deferred income tax expense 17,557 13,858
Decrease in accounts receivable and other assets 99,859 5,383
Decrease in accounts payable and accrued expenses and other liabilities (110,808) (46,579)
Net cash provided by operating activities 1,645,477 1,465,903
Investing activities:    
Real estate development (1,462,010) (997,328)
Real estate acquisitions (1,869,426) (830,574)
Tenant improvements and lease commissions on previously leased space (175,480) (148,037)
Property improvements (55,816) (41,129)
Proceeds from dispositions and contributions of real estate 1,653,597 1,829,576
Investments in and advances to unconsolidated entities (112,848) (366,644)
Return of investment from unconsolidated entities 37,252 46,135
Proceeds from the settlement of net investment hedges 26,487 0
Payments on the settlement of net investment hedges (771) (8,000)
Net cash used in investing activities (1,959,015) (516,001)
Financing activities:    
Proceeds from issuance of common stock/units 0 743
Dividends/distributions paid on common and preferred stock/units (1,212,410) (967,921)
Noncontrolling interests contributions 11,083 4,361
Noncontrolling interests distributions (128,993) (71,053)
Redemption of common limited partnership units (49,988) (105,567)
Tax paid for shares of the Parent withheld (23,970) (17,472)
Debt and equity issuance costs paid (28,119) (20,483)
Net proceeds from (payments on) credit facilities 127,454 (170,230)
Repurchase of and payments on debt (751,114) (2,185,209)
Proceeds from the issuance of debt 2,285,021 2,617,854
Net cash provided by (used in) financing activities 228,964 (914,977)
Effect of foreign currency exchange rate changes on cash (34,028) (31,565)
Net increase (decrease) in cash and cash equivalents (118,602) 3,360
Cash and cash equivalents, beginning of period 556,117 598,086
Cash and cash equivalents, end of period $ 437,515 $ 601,446