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DCT Transaction (Tables) - DCT Transaction [Member]
12 Months Ended
Dec. 31, 2019
Schedule of Aggregate Equity Consideration

 

The aggregate equity consideration of approximately $6.6 billion is calculated below (in millions, except price per share):

 

Number of Prologis shares and units issued upon conversion of DCT shares and units at August 21, 2018

 

99.73

 

Multiplied by price of Prologis' common stock on August 21, 2018

$

65.75

 

Fair value of Prologis shares and units issued

$

6,557

 

 

Schedule of Purchase Price Allocated to DCT Net Tangible and Identifiable Intangible Assets Acquired and Liabilities Assumed

 

Under acquisition accounting, the total purchase price was allocated to the DCT tangible and identifiable intangible assets acquired and liabilities assumed based on their relative fair values as follows (in millions):    

 

Net investments in real estate

$

8,362

 

Intangible assets, net of intangible liabilities

 

292

 

Cash and other assets

 

24

 

Debt

 

(1,863

)

Accounts payable, accrued expenses and other liabilities

 

(143

)

Noncontrolling interests

 

(65

)

Total purchase price, including transaction costs

$

6,607