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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating activities:      
Consolidated net earnings $ 1,822,960 $ 1,760,959 $ 1,292,540
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Straight-lined rents and amortization of above and below market leases (66,938) (81,021) (93,608)
Equity-based compensation awards 76,093 76,640 60,341
Depreciation and amortization 947,214 879,140 930,985
Earnings from unconsolidated entities, net (298,260) (248,567) (206,307)
Operating distributions from unconsolidated entities 349,877 307,220 286,651
Decrease (increase) in operating receivables from unconsolidated entities (39,890) (30,893) 14,823
Amortization of debt discounts (premiums), net and debt issuance costs 12,653 751 (15,137)
Gains on real estate transactions, net (840,996) (1,182,965) (757,398)
Unrealized foreign currency and derivative losses (gains), net (120,358) 68,956 (8,052)
Losses (gains) on early extinguishment of debt, net 2,586 68,379 (2,484)
Deferred income tax expense (benefit) 1,448 (5,005) (5,525)
Decrease (increase) in accounts receivable and other assets (72,955) 37,278 (106,337)
Increase in accounts payable and accrued expenses and other liabilities 30,125 36,374 26,513
Net cash provided by operating activities 1,803,559 1,687,246 1,417,005
Investing activities:      
Real estate development (1,953,144) (1,606,133) (1,641,560)
DCT Transaction, net of cash acquired (45,870) 0 0
Real estate acquisitions (999,131) (442,696) (458,516)
Tenant improvements and lease commissions on previously leased space (134,868) (153,255) (165,933)
Property improvements (93,073) (110,635) (101,677)
Proceeds from dispositions and contributions of real estate properties 2,310,388 3,236,603 2,826,408
Investments in and advances to unconsolidated entities (160,358) (249,735) (265,951)
Acquisition of a controlling interest in unconsolidated entities, net of cash received 0 (374,605) 0
Return of investment from unconsolidated entities 360,278 209,151 776,550
Proceeds from repayment of notes receivable backed by real estate 34,260 32,100 202,950
Proceeds from the settlement of net investment hedges 29,425 7,541 79,767
Payments on the settlement of net investment hedges (11,703) (5,058) 0
Net cash provided by (used in) investing activities (663,796) 543,278 1,252,038
Financing activities:      
Proceeds from issuance of common stock 6,891 32,858 39,470
Dividends paid on common and preferred stock (1,123,367) (942,884) (893,455)
Repurchase of preferred stock 0 (13,182) 0
Noncontrolling interests contributions 170,066 240,925 2,168
Noncontrolling interests distributions (224,850) (207,788) (343,550)
Settlement of noncontrolling interests (75,920) (813,847) (3,083)
Tax paid for shares withheld (26,508) (19,775) (8,570)
Debt and equity issuance costs paid (17,446) (7,054) (20,123)
Net proceeds from (payments on) credit facilities (674,559) 283,255 33,435
Repurchase of and payments on debt (4,166,088) (3,578,889) (2,301,647)
Proceeds from the issuance of debt 4,899,680 2,419,797 1,369,890
Net cash used in financing activities (1,232,101) (2,606,584) (2,125,465)
Effect of foreign currency exchange rate changes on cash (10,852) 15,790 (342)
Net increase (decrease) in cash and cash equivalents (103,190) (360,270) 543,236
Cash and cash equivalents, beginning of year 447,046 807,316 264,080
Cash and cash equivalents, end of year 343,856 447,046 807,316
Prologis, L.P. [Member]      
Operating activities:      
Consolidated net earnings 1,822,960 1,760,959 1,292,540
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Straight-lined rents and amortization of above and below market leases (66,938) (81,021) (93,608)
Equity-based compensation awards 76,093 76,640 60,341
Depreciation and amortization 947,214 879,140 930,985
Earnings from unconsolidated entities, net (298,260) (248,567) (206,307)
Operating distributions from unconsolidated entities 349,877 307,220 286,651
Decrease (increase) in operating receivables from unconsolidated entities (39,890) (30,893) 14,823
Amortization of debt discounts (premiums), net and debt issuance costs 12,653 751 (15,137)
Gains on real estate transactions, net (840,996) (1,182,965) (757,398)
Unrealized foreign currency and derivative losses (gains), net (120,358) 68,956 (8,052)
Losses (gains) on early extinguishment of debt, net 2,586 68,379 (2,484)
Deferred income tax expense (benefit) 1,448 (5,005) (5,525)
Decrease (increase) in accounts receivable and other assets (72,955) 37,278 (106,337)
Increase in accounts payable and accrued expenses and other liabilities 30,125 36,374 26,513
Net cash provided by operating activities 1,803,559 1,687,246 1,417,005
Investing activities:      
Real estate development (1,953,144) (1,606,133) (1,641,560)
DCT Transaction, net of cash acquired (45,870) 0 0
Real estate acquisitions (999,131) (442,696) (458,516)
Tenant improvements and lease commissions on previously leased space (134,868) (153,255) (165,933)
Property improvements (93,073) (110,635) (101,677)
Proceeds from dispositions and contributions of real estate properties 2,310,388 3,236,603 2,826,408
Investments in and advances to unconsolidated entities (160,358) (249,735) (265,951)
Acquisition of a controlling interest in unconsolidated entities, net of cash received 0 (374,605) 0
Return of investment from unconsolidated entities 360,278 209,151 776,550
Proceeds from repayment of notes receivable backed by real estate 34,260 32,100 202,950
Proceeds from the settlement of net investment hedges 29,425 7,541 79,767
Payments on the settlement of net investment hedges (11,703) (5,058) 0
Net cash provided by (used in) investing activities (663,796) 543,278 1,252,038
Financing activities:      
Proceeds from issuance of common stock 6,891 32,858 39,470
Dividends paid on common and preferred stock (1,168,133) (980,105) (931,559)
Repurchase of preferred stock 0 (13,182) 0
Noncontrolling interests contributions 170,066 240,925 2,168
Noncontrolling interests distributions (180,084) (170,567) (306,297)
Settlement of noncontrolling interests (22,728) (790,016) (2,232)
Redemption of common limited partnership units (53,192) (23,831) 0
Tax paid for shares of the Parent withheld (26,508) (19,775) (8,570)
Debt and equity issuance costs paid (17,446) (7,054) (20,123)
Net proceeds from (payments on) credit facilities (674,559) 283,255 33,435
Repurchase of and payments on debt (4,166,088) (3,578,889) (2,301,647)
Proceeds from the issuance of debt 4,899,680 2,419,797 1,369,890
Net cash used in financing activities (1,232,101) (2,606,584) (2,125,465)
Effect of foreign currency exchange rate changes on cash (10,852) 15,790 (342)
Net increase (decrease) in cash and cash equivalents (103,190) (360,270) 543,236
Cash and cash equivalents, beginning of year 447,046 807,316 264,080
Cash and cash equivalents, end of year $ 343,856 $ 447,046 $ 807,316