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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating activities:    
Consolidated net earnings $ 508,669 $ 518,596
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Straight-lined rents and amortization of above and below market leases (48,920) (43,113)
Equity-based compensation awards 37,604 29,212
Depreciation and amortization 454,736 480,382
Earnings from unconsolidated entities, net (117,201) (99,765)
Distributions from unconsolidated entities 141,256 147,155
Net changes in operating receivables from unconsolidated entities (117,675) 22,896
Amortization of debt premiums, net of debt issuance costs (4,445) (9,616)
Gains on dispositions of investments in real estate, net (180,331) (344,667)
Unrealized foreign currency and derivative losses, net 35,266 23,386
Losses (gains) on early extinguishment of debt, net 30,596 (992)
Deferred income tax expense (benefit) 2,268 (4,602)
Decrease in accounts receivable and other assets 61,452 14,327
Decrease in accounts payable and accrued expenses and other liabilities (58,115) (99,539)
Net cash provided by operating activities 745,160 633,660
Investing activities:    
Real estate development (715,294) (775,545)
Real estate acquisitions (202,088) (136,107)
Tenant improvements and lease commissions on previously leased space (75,342) (88,659)
Nondevelopment capital expenditures (37,253) (30,096)
Proceeds from dispositions and contributions of real estate properties 836,107 1,284,126
Investments in and advances to unconsolidated entities (144,894) (145,287)
Return of investment from unconsolidated entities 133,677 533,333
Proceeds from repayment of notes receivable backed by real estate 32,100 201,250
Proceeds from the settlement of net investment hedges 7,541 16,768
Payments on the settlement of net investment hedges (5,058) 0
Net cash provided by (used in) investing activities (170,504) 859,783
Financing activities:    
Proceeds from issuance of common stock 25,374 10,354
Dividends paid on common and preferred stock (470,792) (445,343)
Noncontrolling interests contributions 135,857 825
Noncontrolling interests distributions (99,896) (214,263)
Purchase of noncontrolling interests (789,626) (2,979)
Tax paid for shares withheld (18,894) (7,301)
Debt and equity issuance costs paid (6,151) (14,865)
Net payments on credit facilities (33,745) (3,515)
Repurchase and payments of debt (2,002,519) (1,277,311)
Proceeds from issuance of debt 2,134,041 517,045
Net cash used in financing activities (1,126,351) (1,437,353)
Effect of foreign currency exchange rate changes on cash 15,733 12,051
Net increase (decrease) in cash and cash equivalents (535,962) 68,141
Cash and cash equivalents, beginning of period 807,316 264,080
Cash and cash equivalents, end of period 271,354 332,221
Prologis, L.P. [Member]    
Operating activities:    
Consolidated net earnings 508,669 518,596
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Straight-lined rents and amortization of above and below market leases (48,920) (43,113)
Equity-based compensation awards 37,604 29,212
Depreciation and amortization 454,736 480,382
Earnings from unconsolidated entities, net (117,201) (99,765)
Distributions from unconsolidated entities 141,256 147,155
Net changes in operating receivables from unconsolidated entities (117,675) 22,896
Amortization of debt premiums, net of debt issuance costs (4,445) (9,616)
Gains on dispositions of investments in real estate, net (180,331) (344,667)
Unrealized foreign currency and derivative losses, net 35,266 23,386
Losses (gains) on early extinguishment of debt, net 30,596 (992)
Deferred income tax expense (benefit) 2,268 (4,602)
Decrease in accounts receivable and other assets 61,452 14,327
Decrease in accounts payable and accrued expenses and other liabilities (58,115) (99,539)
Net cash provided by operating activities 745,160 633,660
Investing activities:    
Real estate development (715,294) (775,545)
Real estate acquisitions (202,088) (136,107)
Tenant improvements and lease commissions on previously leased space (75,342) (88,659)
Nondevelopment capital expenditures (37,253) (30,096)
Proceeds from dispositions and contributions of real estate properties 836,107 1,284,126
Investments in and advances to unconsolidated entities (144,894) (145,287)
Return of investment from unconsolidated entities 133,677 533,333
Proceeds from repayment of notes receivable backed by real estate 32,100 201,250
Proceeds from the settlement of net investment hedges 7,541 16,768
Payments on the settlement of net investment hedges (5,058) 0
Net cash provided by (used in) investing activities (170,504) 859,783
Financing activities:    
Proceeds from issuance of common stock 25,374 10,354
Dividends paid on common and preferred stock (489,519) (465,071)
Noncontrolling interests contributions 135,857 825
Noncontrolling interests distributions (81,169) (195,386)
Purchase of noncontrolling interests (789,626) (2,128)
Tax paid for shares withheld (18,894) (7,301)
Debt and equity issuance costs paid (6,151) (14,865)
Net payments on credit facilities (33,745) (3,515)
Repurchase and payments of debt (2,002,519) (1,277,311)
Proceeds from issuance of debt 2,134,041 517,045
Net cash used in financing activities (1,126,351) (1,437,353)
Effect of foreign currency exchange rate changes on cash 15,733 12,051
Net increase (decrease) in cash and cash equivalents (535,962) 68,141
Cash and cash equivalents, beginning of period 807,316 264,080
Cash and cash equivalents, end of period $ 271,354 $ 332,221