2024 Q3 Form 10-Q Financial Statement

#000072672824000118 Filed on August 06, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $1.331B $1.339B
YoY Change 28.08% 31.42%
Cost Of Revenue $92.15M $99.85M
YoY Change 29.83% 5.44%
Gross Profit $1.239B $1.240B
YoY Change 27.95% 34.08%
Gross Profit Margin 93.08% 92.55%
Selling, General & Admin $41.87M $45.07M
YoY Change 17.86% 22.38%
% of Gross Profit 3.38% 3.64%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $602.3M $605.6M
YoY Change 21.55% 28.22%
% of Gross Profit 48.62% 48.85%
Operating Expenses $644.2M $650.7M
YoY Change 25.6% 32.59%
Operating Profit $594.6M $588.9M
YoY Change 30.61% 35.77%
Interest Expense $261.3M $246.9M
YoY Change 41.9% -221.64%
% of Operating Profit 43.94% 41.93%
Other Income/Expense, Net $4.739M $6.108M
YoY Change -34.5% 257.82%
Pretax Income $286.5M $276.6M
YoY Change 16.83% 31.67%
Income Tax $15.36M $15.64M
% Of Pretax Income 5.36% 5.65%
Net Earnings $269.5M $259.4M
YoY Change 15.42% 32.74%
Net Earnings / Revenue 20.25% 19.37%
Basic Earnings Per Share $0.30 $0.30
Diluted Earnings Per Share $0.30 $0.29
COMMON SHARES
Basic Shares Outstanding 870.9M shares 870.8M shares
Diluted Shares Outstanding 872.1M shares 870.7M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $397.0M $442.8M
YoY Change 15.35% 74.55%
Cash & Equivalents $397.0M $442.8M
Short-Term Investments
Other Short-Term Assets $59.00M
YoY Change 49.0%
Inventory
Prepaid Expenses
Receivables $835.3M $788.6M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.232B $1.290B
YoY Change 15.73% 41.21%
LONG-TERM ASSETS
Property, Plant & Equipment $50.74B $51.49B
YoY Change 16.58% 21.66%
Goodwill $4.932B $4.931B
YoY Change 32.18% 32.15%
Intangibles
YoY Change
Long-Term Investments $1.225B $1.226B
YoY Change 20214.66% 20320.74%
Other Assets $18.81M
YoY Change -21.63%
Total Long-Term Assets $67.24B $66.77B
YoY Change 23.89% 25.82%
TOTAL ASSETS
Total Short-Term Assets $1.232B $1.290B
Total Long-Term Assets $67.24B $66.77B
Total Assets $68.47B $68.06B
YoY Change 23.73% 26.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $880.1M
YoY Change
Accrued Expenses $1.202B
YoY Change 41.82%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.113B $1.837B
YoY Change -26.44% 26.19%
LONG-TERM LIABILITIES
Long-Term Debt $26.15B $25.51B
YoY Change 27.57% 29.64%
Other Long-Term Liabilities $2.540B $1.795B
YoY Change 68.83% 17.09%
Total Long-Term Liabilities $28.69B $27.31B
YoY Change 30.39% 28.73%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.113B $1.837B
Total Long-Term Liabilities $28.69B $27.31B
Total Liabilities $29.80B $29.15B
YoY Change 26.73% 27.63%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $38.46B $38.58B
YoY Change
Total Liabilities & Shareholders Equity $68.47B $68.06B
YoY Change 23.73% 26.08%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $269.5M $259.4M
YoY Change 15.42% 32.74%
Depreciation, Depletion And Amortization $602.3M $605.6M
YoY Change 21.55% 28.22%
Cash From Operating Activities $841.5M $981.2M
YoY Change 14.95% 33.51%
INVESTING ACTIVITIES
Capital Expenditures $752.4M $399.1M
YoY Change -62.99% -86.82%
Acquisitions
YoY Change
Other Investing Activities $215.1M -$246.0M
YoY Change 424.13% -521.5%
Cash From Investing Activities -$537.3M -$645.1M
YoY Change -73.03% -78.27%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -342.3M -560.6M
YoY Change -124.54% -124.4%
NET CHANGE
Cash From Operating Activities 841.5M 981.2M
Cash From Investing Activities -537.3M -645.1M
Cash From Financing Activities -342.3M -560.6M
Net Change In Cash -38.09M -224.5M
YoY Change -128.25% -453.21%
FREE CASH FLOW
Cash From Operating Activities $841.5M $981.2M
Capital Expenditures $752.4M $399.1M
Free Cash Flow $89.07M $582.1M
YoY Change -106.85% -125.39%

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PreferredStockDividendsAndOtherAdjustments
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us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
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us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
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CY2024Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
256804000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
195415000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
420431000 usd
CY2023Q2 us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2023Q2 us-gaap Earnings Per Share Diluted
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0.29
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.45
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.63
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
674109000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
674593000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2024Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
256804000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
195415000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
386500000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
420431000 usd
CY2024Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
3218000 usd
CY2023Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
29046000 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
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us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
57796000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
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CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
16246000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
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CY2024Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
10542000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
22636000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1428000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
49224000 usd
CY2024Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
267346000 usd
CY2023Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
218051000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
387928000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
469655000 usd
CY2024Q1 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
6900000 shares
CY2024Q1 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
167394000 usd
CY2024Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
39151090000 usd
CY2024Q2 us-gaap Profit Loss
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260968000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
10542000 usd
CY2024Q2 us-gaap Dividends Cash
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CY2024Q2 us-gaap Stock Issued During Period Value New Issues
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CY2024Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
7232000 usd
CY2024Q2 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
6900000 shares
CY2024Q2 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
167394000 usd
CY2023Q1 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
0 shares
CY2023Q1 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
0 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2023Q2 us-gaap Profit Loss
ProfitLoss
197153000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2023Q2 us-gaap Dividends Cash
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CY2023Q2 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
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CY2023Q2 us-gaap Stock Issued During Period Value Share Based Compensation
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TemporaryEquitySharesOutstanding
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CY2023Q2 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
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CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
31311143000 usd
CY2023Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
0 shares
CY2023Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
0 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
33106969000 usd
us-gaap Profit Loss
ProfitLoss
394867000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1428000 usd
us-gaap Dividends Cash
DividendsCash
1358555000 usd
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
549452000 usd
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TemporaryEquityStockIssuedDuringPeriodSharesNewIssues
6900000 shares
us-gaap Temporary Equity Stock Issued During Period Value New Issues
TemporaryEquityStockIssuedDuringPeriodValueNewIssues
167394000 usd
us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
6043641000 usd
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
1281000 usd
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
7987000 usd
CY2024Q2 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
6900000 shares
CY2024Q2 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
167394000 usd
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
38747070000 usd
CY2022Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
0 shares
CY2022Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
0 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
28843289000 usd
us-gaap Profit Loss
ProfitLoss
423275000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
49224000 usd
us-gaap Dividends Cash
DividendsCash
1034075000 usd
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
2982094000 usd
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
39559000 usd
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
7777000 usd
CY2023Q2 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
0 shares
CY2023Q2 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
0 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
31311143000 usd
us-gaap Profit Loss
ProfitLoss
394867000 usd
us-gaap Profit Loss
ProfitLoss
423275000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1186634000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
923755000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
41270000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
13923000 usd
us-gaap Other Noncash Income
OtherNoncashIncome
64367000 usd
us-gaap Other Noncash Income
OtherNoncashIncome
33420000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
11693000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
12568000 usd
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
5104000 usd
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
6289000 usd
o Other Noncash Interest Income Expense Operating
OtherNoncashInterestIncomeExpenseOperating
-7409000 usd
o Other Noncash Interest Income Expense Operating
OtherNoncashInterestIncomeExpenseOperating
3600000 usd
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
41727000 usd
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
12103000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
353000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
411000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
10551000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
0 usd
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
185947000 usd
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
42993000 usd
us-gaap Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
-25139000 usd
us-gaap Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
-25733000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
12080000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
116742000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1759845000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1466113000 usd
us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
892956000 usd
us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
4686800000 usd
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
51644000 usd
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
29458000 usd
us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
51856000 usd
us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
0 usd
us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
377490000 usd
us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
0 usd
us-gaap Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
201904000 usd
us-gaap Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
60460000 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
3927000 usd
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
42574000 usd
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
0 usd
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
1865000 usd
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
7198000 usd
us-gaap Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
0 usd
us-gaap Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
1935000 usd
o Cash Acquired From Merger
CashAcquiredFromMerger
93683000 usd
o Cash Acquired From Merger
CashAcquiredFromMerger
0 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1033920000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4646608000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
1312714000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
1012336000 usd
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
5175000 usd
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
0 usd
o Proceeds From Long Term Lines Of Credit And Issuance Of Commercial Paper
ProceedsFromLongTermLinesOfCreditAndIssuanceOfCommercialPaper
11308772000 usd
o Proceeds From Long Term Lines Of Credit And Issuance Of Commercial Paper
ProceedsFromLongTermLinesOfCreditAndIssuanceOfCommercialPaper
27136997000 usd
o Repayments Of Long Term Lines Of Credit And Commercial Paper
RepaymentsOfLongTermLinesOfCreditAndCommercialPaper
10919709000 usd
o Repayments Of Long Term Lines Of Credit And Commercial Paper
RepaymentsOfLongTermLinesOfCreditAndCommercialPaper
28911973000 usd
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
0 usd
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
1029383000 usd
us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
250000000 usd
us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
0 usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
1250000000 usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
2074883000 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
499999000 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
622357000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
8070000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
543283000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2976683000 usd
o Proceeds From Dividend Reinvestment And Stock Purchase Plan Net
ProceedsFromDividendReinvestmentAndStockPurchasePlanNet
6169000 usd
o Proceeds From Dividend Reinvestment And Stock Purchase Plan Net
ProceedsFromDividendReinvestmentAndStockPurchasePlanNet
5411000 usd
us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
4698000 usd
us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
3038000 usd
us-gaap Payments For Proceeds From Hedge Financing Activities
PaymentsForProceedsFromHedgeFinancingActivities
0 usd
us-gaap Payments For Proceeds From Hedge Financing Activities
PaymentsForProceedsFromHedgeFinancingActivities
9285000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
28603000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
25108000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-8529000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-6146000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-543560000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
3247401000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-1429000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
21075000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
180936000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
87981000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
292175000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
226881000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
473111000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
314862000 usd
CY2024Q2 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
15450 property
CY2024Q2 us-gaap Area Of Real Estate Property
AreaOfRealEstateProperty
335300000 sqft
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:7pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates.</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> The consolidated financial statements were prepared in conformity with U.S. GAAP, which requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</span></div>
us-gaap Revenue Recognition Leases
RevenueRecognitionLeases
<div style="margin-top:10pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Lease Revenue Recognition and Accounts Receivable.</span><span style="background-color:#ffffff;color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> The majority of our leases are accounted for as operating leases. Under this method, leases that have fixed and d</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">eterminable rent increases are recognized on a straight-line basis over the lease term. Any rental revenue contingent upon a client’s sales, or percentage rent, is recognized only after such client exceeds its sales breakpoint. Rental increases based upon changes in the consumer price indices are recognized only after the changes in the indexes have occurred and are then applied according to the lease agreements. Contractually obligated rental revenue from our clients for recoverable real estate taxes and operating expenses are included in contractually obligated reimbursements by our clients, a component of rental revenue, in the period when such costs are incurred. Taxes and operating expenses paid directly by our clients are recorded on a net basis. </span></div><div style="margin-top:10pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other revenue includes certain property-related revenue not included in rental revenue and interest income recognized on financing receivables for certain leases with above-market terms.</span></div><div style="margin-top:10pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We assess the probability of collecting substantially all of the lease payments to which we are entitled under the original lease contract as required under ASC 842,</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%"> Leases</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. We assess the collectability of our future lease payments based on an analysis of creditworthiness, economic trends and other facts and circumstances related to the applicable clients. If we conclude the collection of substantially all of the lease payments under a lease is less than probable, rental revenue recognized for that lease is limited to cash received going forward, existing operating lease receivables, including those related to straight-line rental revenue, must be written off as an adjustment to rental revenue, and no further operating lease receivables are recorded for that lease until such future determination is made that substantially all lease payments under that lease are now considered probable. If we subsequently conclude that the collection of substantially all lease payments under a lease is probable, a reversal of lease receivables previously written off is recognized.</span></div>
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
9300000 usd
us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
10500000 usd
CY2024Q2 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
612934000 usd
CY2023Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
516692000 usd
CY2024Q2 us-gaap Other Receivables
OtherReceivables
175705000 usd
CY2023Q4 us-gaap Other Receivables
OtherReceivables
193844000 usd
CY2024Q2 us-gaap Accounts Receivable Net
AccountsReceivableNet
788639000 usd
CY2023Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
710536000 usd
CY2024Q2 o Finite Lived Intangible Assets Other
FiniteLivedIntangibleAssetsOther
1744000 usd
CY2023Q4 o Finite Lived Intangible Assets Other
FiniteLivedIntangibleAssetsOther
1799000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
6730472000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5017907000 usd
CY2024Q2 o Financing Receivable Allowance For Credit Loss Excluding Accrued Interest Additional Financing Generated From Sales Leaseback Transactions
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterestAdditionalFinancingGeneratedFromSalesLeasebackTransactions
1553737000 usd
CY2023Q4 o Financing Receivable Allowance For Credit Loss Excluding Accrued Interest Additional Financing Generated From Sales Leaseback Transactions
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterestAdditionalFinancingGeneratedFromSalesLeasebackTransactions
1570943000 usd
CY2024Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
694253000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
706837000 usd
CY2024Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
641873000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
594712000 usd
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss Noncurrent
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLossNoncurrent
594048000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss Noncurrent
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLossNoncurrent
205339000 usd
CY2024Q2 us-gaap Value Added Tax Receivable
ValueAddedTaxReceivable
77936000 usd
CY2023Q4 us-gaap Value Added Tax Receivable
ValueAddedTaxReceivable
100672000 usd
CY2024Q2 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
58996000 usd
CY2023Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
33252000 usd
CY2024Q2 us-gaap Derivative Assets
DerivativeAssets
52195000 usd
CY2023Q4 us-gaap Derivative Assets
DerivativeAssets
21170000 usd
CY2024Q2 us-gaap Restricted Cash
RestrictedCash
18806000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
6247000 usd
CY2024Q2 o Other Corporate Assets Net
OtherCorporateAssetsNet
14226000 usd
CY2023Q4 o Other Corporate Assets Net
OtherCorporateAssetsNet
12948000 usd
CY2024Q2 us-gaap Interest Receivable
InterestReceivable
11572000 usd
CY2023Q4 us-gaap Interest Receivable
InterestReceivable
6139000 usd
CY2024Q2 us-gaap Escrow Deposit
EscrowDeposit
11485000 usd
CY2023Q4 us-gaap Escrow Deposit
EscrowDeposit
53005000 usd
CY2024Q2 us-gaap Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
9797000 usd
CY2023Q4 us-gaap Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
12264000 usd
CY2024Q2 us-gaap Sales Type Lease Net Investment In Lease After Allowance For Credit Loss
SalesTypeLeaseNetInvestmentInLeaseAfterAllowanceForCreditLoss
6098000 usd
CY2023Q4 us-gaap Sales Type Lease Net Investment In Lease After Allowance For Credit Loss
SalesTypeLeaseNetInvestmentInLeaseAfterAllowanceForCreditLoss
6056000 usd
CY2024Q2 us-gaap Deposit Assets
DepositAssets
0 usd
CY2023Q4 us-gaap Deposit Assets
DepositAssets
200000 usd
CY2024Q2 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
50619000 usd
CY2023Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
38859000 usd
CY2024Q2 us-gaap Other Assets
OtherAssets
3795641000 usd
CY2023Q4 us-gaap Other Assets
OtherAssets
3368643000 usd
CY2024Q2 us-gaap Construction Payable Current And Noncurrent
ConstructionPayableCurrentAndNoncurrent
103715000 usd
CY2023Q4 us-gaap Construction Payable Current And Noncurrent
ConstructionPayableCurrentAndNoncurrent
65967000 usd
CY2024Q2 us-gaap Sales And Excise Tax Payable Current And Noncurrent
SalesAndExciseTaxPayableCurrentAndNoncurrent
89955000 usd
CY2023Q4 us-gaap Sales And Excise Tax Payable Current And Noncurrent
SalesAndExciseTaxPayableCurrentAndNoncurrent
64885000 usd
CY2024Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
88597000 usd
CY2023Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
119620000 usd
CY2024Q2 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
81411000 usd
CY2023Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
78809000 usd
CY2024Q2 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
60655000 usd
CY2023Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
61070000 usd
CY2024Q2 o Accrued Property Expenses
AccruedPropertyExpenses
43482000 usd
CY2023Q4 o Accrued Property Expenses
AccruedPropertyExpenses
54208000 usd
CY2024Q2 o Accrued Acquisition Related Costs
AccruedAcquisitionRelatedCosts
19077000 usd
CY2023Q4 o Accrued Acquisition Related Costs
AccruedAcquisitionRelatedCosts
4551000 usd
CY2024Q2 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
66578000 usd
CY2023Q4 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
62025000 usd
CY2024Q2 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
884087000 usd
CY2023Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
738526000 usd
CY2024Q2 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
2107340000 usd
CY2023Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
1728027000 usd
CY2024Q2 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
402593000 usd
CY2023Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
321174000 usd
CY2024Q2 us-gaap Below Market Lease Net
BelowMarketLeaseNet
1704747000 usd
CY2023Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
1406853000 usd
CY2024Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
473173000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
425213000 usd
CY2024Q2 us-gaap Deferred Credits And Other Liabilities
DeferredCreditsAndOtherLiabilities
306203000 usd
CY2023Q4 us-gaap Deferred Credits And Other Liabilities
DeferredCreditsAndOtherLiabilities
312195000 usd
CY2024Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
55366000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
44345000 usd
CY2024Q2 us-gaap Security Deposit Liability
SecurityDepositLiability
30653000 usd
CY2023Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
28250000 usd
CY2024Q2 o Other Liabilities Acquisitions
OtherLiabilitiesAcquisitions
1597000 usd
CY2023Q4 o Other Liabilities Acquisitions
OtherLiabilitiesAcquisitions
1647000 usd
CY2024Q2 us-gaap Other Liabilities
OtherLiabilities
866992000 usd
CY2023Q4 us-gaap Other Liabilities
OtherLiabilities
811650000 usd
o Real Estate Property Investments Number Of New Properties And Properties Under Development
RealEstatePropertyInvestmentsNumberOfNewPropertiesAndPropertiesUnderDevelopment
196 property
o Real Estate Property Investments Area Of Real Estate Property Acquired
RealEstatePropertyInvestmentsAreaOfRealEstatePropertyAcquired
8435000 sqft
o Real Estate Property Investments Value Of Properties Acquired
RealEstatePropertyInvestmentsValueOfPropertiesAcquired
974000000.0 usd
CY2024Q2 us-gaap Lessor Operating Lease Term Of Contract
LessorOperatingLeaseTermOfContract
P11Y10M24D
o Asset Acquisition Initial Average Cash Lease Yield For Acquired Properties Percentage
AssetAcquisitionInitialAverageCashLeaseYieldForAcquiredPropertiesPercentage
0.078
o Settlement Credits For Acquired Properties As Reimbursement For Rent Free Period
SettlementCreditsForAcquiredPropertiesAsReimbursementForRentFreePeriod
500000 usd
o Rental Revenue Generated From Acquisitions Investment Grade Tenants Percentage
RentalRevenueGeneratedFromAcquisitionsInvestmentGradeTenantsPercentage
0.31
o Real Estate Properties Acquired Land
RealEstatePropertiesAcquiredLand
37400000 usd
o Real Estate Properties Acquired Land
RealEstatePropertiesAcquiredLand
73500000 gbp
o Real Estate Properties Acquired Land
RealEstatePropertiesAcquiredLand
11100000 eur
o Real Estate Properties Acquired Buildings And Improvements
RealEstatePropertiesAcquiredBuildingsAndImprovements
237300000 usd
o Real Estate Properties Acquired Buildings And Improvements
RealEstatePropertiesAcquiredBuildingsAndImprovements
157800000 gbp
o Real Estate Properties Acquired Buildings And Improvements
RealEstatePropertiesAcquiredBuildingsAndImprovements
29200000 eur
o Real Estate Properties Acquired Intangible Assets
RealEstatePropertiesAcquiredIntangibleAssets
36600000 usd
o Real Estate Properties Acquired Intangible Assets
RealEstatePropertiesAcquiredIntangibleAssets
60300000 gbp
o Real Estate Properties Acquired Intangible Assets
RealEstatePropertiesAcquiredIntangibleAssets
9500000 eur
o Real Estate Properties Acquired Other Assets
RealEstatePropertiesAcquiredOtherAssets
3800000 usd
o Real Estate Properties Acquired Other Assets
RealEstatePropertiesAcquiredOtherAssets
0 gbp
o Real Estate Properties Acquired Other Assets
RealEstatePropertiesAcquiredOtherAssets
0 eur
o Real Estate Properties Acquired Lease Intangible Liabilities
RealEstatePropertiesAcquiredLeaseIntangibleLiabilities
14900000 usd
o Real Estate Properties Acquired Lease Intangible Liabilities
RealEstatePropertiesAcquiredLeaseIntangibleLiabilities
2400000 gbp
o Real Estate Properties Acquired Lease Intangible Liabilities
RealEstatePropertiesAcquiredLeaseIntangibleLiabilities
800000 eur
o Real Estate Properties Acquired Assets Acquired And Liabilities Assumed Net
RealEstatePropertiesAcquiredAssetsAcquiredAndLiabilitiesAssumedNet
300200000 usd
o Real Estate Properties Acquired Assets Acquired And Liabilities Assumed Net
RealEstatePropertiesAcquiredAssetsAcquiredAndLiabilitiesAssumedNet
289200000 gbp
o Real Estate Properties Acquired Assets Acquired And Liabilities Assumed Net
RealEstatePropertiesAcquiredAssetsAcquiredAndLiabilitiesAssumedNet
49000000.0 eur
us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P8Y6M
o Acquired Finite Lived Intangible Liabilities Weighted Average Useful Life
AcquiredFiniteLivedIntangibleLiabilitiesWeightedAverageUsefulLife
P10Y
o Asset Acquisition Pro Forma Information Revenue Of Acquired Properties Since Acquisition Date Actual
AssetAcquisitionProFormaInformationRevenueOfAcquiredPropertiesSinceAcquisitionDateActual
13100000 usd
o Asset Acquisition Pro Forma Information Earnings Or Loss Of Acquired Properties Since Acquisition Date Actual
AssetAcquisitionProFormaInformationEarningsOrLossOfAcquiredPropertiesSinceAcquisitionDateActual
3600000 usd
CY2024Q2 o Property Sales Count
PropertySalesCount
76 property
CY2023Q2 o Property Sales Count
PropertySalesCount
29 property
o Property Sales Count
PropertySalesCount
122 property
o Property Sales Count
PropertySalesCount
55 property
CY2024Q2 o Proceeds From Sale Of Property Held For Sale Including Property Swap Net
ProceedsFromSaleOfPropertyHeldForSaleIncludingPropertySwapNet
106300000 usd
CY2023Q2 o Proceeds From Sale Of Property Held For Sale Including Property Swap Net
ProceedsFromSaleOfPropertyHeldForSaleIncludingPropertySwapNet
31900000 usd
o Proceeds From Sale Of Property Held For Sale Including Property Swap Net
ProceedsFromSaleOfPropertyHeldForSaleIncludingPropertySwapNet
201900000 usd
o Proceeds From Sale Of Property Held For Sale Including Property Swap Net
ProceedsFromSaleOfPropertyHeldForSaleIncludingPropertySwapNet
60500000 usd
CY2024Q2 o Gain Loss On Sale Of Properties Excluding Additional Proceeds Received
GainLossOnSaleOfPropertiesExcludingAdditionalProceedsReceived
25200000 usd
CY2023Q2 o Gain Loss On Sale Of Properties Excluding Additional Proceeds Received
GainLossOnSaleOfPropertiesExcludingAdditionalProceedsReceived
7800000 usd
o Gain Loss On Sale Of Properties Excluding Additional Proceeds Received
GainLossOnSaleOfPropertiesExcludingAdditionalProceedsReceived
41700000 usd
o Gain Loss On Sale Of Properties Excluding Additional Proceeds Received
GainLossOnSaleOfPropertiesExcludingAdditionalProceedsReceived
12100000 usd
CY2024Q2 us-gaap Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
1219759000 usd
CY2023Q4 us-gaap Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
1172118000 usd
CY2024Q2 us-gaap Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
7800000 usd
o Real Estate Properties Acquired Liabilities
RealEstatePropertiesAcquiredLiabilities
3000000000.0 usd
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
603028000 usd
CY2024Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
8980000 usd
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
594048000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
207837000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
2498000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
205339000 usd
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Period Increase Decrease
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossPeriodIncreaseDecrease
6500000 usd
CY2024Q2 us-gaap Commercial Paper
CommercialPaper
302200000 usd
CY2024Q2 us-gaap Commercial Paper
CommercialPaper
100000000.0 eur
CY2023Q4 us-gaap Commercial Paper
CommercialPaper
764400000 usd
CY2023Q4 us-gaap Commercial Paper
CommercialPaper
583000000 eur
CY2024Q2 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.050
CY2024Q2 o Number Of Noncontrolling Interests Consolidated
NumberOfNoncontrollingInterestsConsolidated
10 noncontrollinginterest
CY2024Q2 o Impaired Properties Held For Sale Number
ImpairedPropertiesHeldForSaleNumber
24 property
CY2023Q2 o Impaired Properties Held For Sale Number
ImpairedPropertiesHeldForSaleNumber
0 property
o Impaired Properties Held For Sale Number
ImpairedPropertiesHeldForSaleNumber
26 property
o Impaired Properties Held For Sale Number
ImpairedPropertiesHeldForSaleNumber
1 property
CY2024Q2 o Impaired Properties Held For Investment Number
ImpairedPropertiesHeldForInvestmentNumber
41 property
CY2023Q2 o Impaired Properties Held For Investment Number
ImpairedPropertiesHeldForInvestmentNumber
7 property
o Impaired Properties Held For Investment Number
ImpairedPropertiesHeldForInvestmentNumber
50 property
o Impaired Properties Held For Investment Number
ImpairedPropertiesHeldForInvestmentNumber
8 property
CY2024Q2 o Impaired Properties Sold Number
ImpairedPropertiesSoldNumber
33 property
CY2023Q2 o Impaired Properties Sold Number
ImpairedPropertiesSoldNumber
27 property
o Impaired Properties Sold Number
ImpairedPropertiesSoldNumber
53 property
o Impaired Properties Sold Number
ImpairedPropertiesSoldNumber
47 property
CY2024Q2 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
4996300000 usd
CY2023Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
5202900000 usd
CY2024Q2 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
-36400000 usd
CY2023Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
-98500000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
7324000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
-6410000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
16246000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
-8572000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
11706000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
1983000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
23097000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
5188000 usd
CY2024Q2 o Derivative Instruments Not Designated As Hedging Instruments Realized Gain Loss On Settlement
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsRealizedGainLossOnSettlement
-5119000 usd
CY2023Q2 o Derivative Instruments Not Designated As Hedging Instruments Realized Gain Loss On Settlement
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsRealizedGainLossOnSettlement
-981000 usd
o Derivative Instruments Not Designated As Hedging Instruments Realized Gain Loss On Settlement
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsRealizedGainLossOnSettlement
-20384000 usd
o Derivative Instruments Not Designated As Hedging Instruments Realized Gain Loss On Settlement
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsRealizedGainLossOnSettlement
-1326000 usd
CY2024Q2 o Derivative Realized Gain Loss Reclassification Upon Settlement
DerivativeRealizedGainLossReclassificationUponSettlement
3045000 usd
CY2023Q2 o Derivative Realized Gain Loss Reclassification Upon Settlement
DerivativeRealizedGainLossReclassificationUponSettlement
1082000 usd
o Derivative Realized Gain Loss Reclassification Upon Settlement
DerivativeRealizedGainLossReclassificationUponSettlement
6486000 usd
o Derivative Realized Gain Loss Reclassification Upon Settlement
DerivativeRealizedGainLossReclassificationUponSettlement
2807000 usd
CY2024Q2 o Foreign Currency And Derivative Realized Gain Loss Settlement With Third Parties
ForeignCurrencyAndDerivativeRealizedGainLossSettlementWithThirdParties
-9000 usd
CY2023Q2 o Foreign Currency And Derivative Realized Gain Loss Settlement With Third Parties
ForeignCurrencyAndDerivativeRealizedGainLossSettlementWithThirdParties
-51000 usd
o Foreign Currency And Derivative Realized Gain Loss Settlement With Third Parties
ForeignCurrencyAndDerivativeRealizedGainLossSettlementWithThirdParties
-15000 usd
o Foreign Currency And Derivative Realized Gain Loss Settlement With Third Parties
ForeignCurrencyAndDerivativeRealizedGainLossSettlementWithThirdParties
1275000 usd
CY2024Q2 o Gain Loss On Foreign Currency And Derivative Net Realized
GainLossOnForeignCurrencyAndDerivativeNetRealized
-2083000 usd
CY2023Q2 o Gain Loss On Foreign Currency And Derivative Net Realized
GainLossOnForeignCurrencyAndDerivativeNetRealized
50000 usd
o Gain Loss On Foreign Currency And Derivative Net Realized
GainLossOnForeignCurrencyAndDerivativeNetRealized
-13913000 usd
o Gain Loss On Foreign Currency And Derivative Net Realized
GainLossOnForeignCurrencyAndDerivativeNetRealized
2756000 usd
CY2024Q2 us-gaap Gain Loss On Derivative Instruments Held For Trading Purposes Net
GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet
3408000 usd
CY2023Q2 us-gaap Gain Loss On Derivative Instruments Held For Trading Purposes Net
GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet
-7394000 usd
us-gaap Gain Loss On Derivative Instruments Held For Trading Purposes Net
GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet
5546000 usd
us-gaap Gain Loss On Derivative Instruments Held For Trading Purposes Net
GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet
-8176000 usd
CY2024Q2 o Unrealized Gain Loss Remeasurement Certain Assets And Liabilities
UnrealizedGainLossRemeasurementCertainAssetsAndLiabilities
-814000 usd
CY2023Q2 o Unrealized Gain Loss Remeasurement Certain Assets And Liabilities
UnrealizedGainLossRemeasurementCertainAssetsAndLiabilities
4792000 usd
o Unrealized Gain Loss Remeasurement Certain Assets And Liabilities
UnrealizedGainLossRemeasurementCertainAssetsAndLiabilities
12924000 usd
o Unrealized Gain Loss Remeasurement Certain Assets And Liabilities
UnrealizedGainLossRemeasurementCertainAssetsAndLiabilities
13190000 usd
CY2024Q2 o Gain Loss On Foreign Currency And Derivative Net Unrealized
GainLossOnForeignCurrencyAndDerivativeNetUnrealized
2594000 usd
CY2023Q2 o Gain Loss On Foreign Currency And Derivative Net Unrealized
GainLossOnForeignCurrencyAndDerivativeNetUnrealized
-2602000 usd
o Gain Loss On Foreign Currency And Derivative Net Unrealized
GainLossOnForeignCurrencyAndDerivativeNetUnrealized
18470000 usd
o Gain Loss On Foreign Currency And Derivative Net Unrealized
GainLossOnForeignCurrencyAndDerivativeNetUnrealized
5014000 usd
CY2024Q2 o Gain Loss On Foreign Currency And Unrealized Derivatives Net
GainLossOnForeignCurrencyAndUnrealizedDerivativesNet
511000 usd
CY2023Q2 o Gain Loss On Foreign Currency And Unrealized Derivatives Net
GainLossOnForeignCurrencyAndUnrealizedDerivativesNet
-2552000 usd
o Gain Loss On Foreign Currency And Unrealized Derivatives Net
GainLossOnForeignCurrencyAndUnrealizedDerivativesNet
4557000 usd
o Gain Loss On Foreign Currency And Unrealized Derivatives Net
GainLossOnForeignCurrencyAndUnrealizedDerivativesNet
7770000 usd
CY2024Q2 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
15450 property
CY2024Q2 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
15450 property
CY2024Q2 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
2400000 usd
CY2023Q2 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
1700000 usd
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
7700000 usd
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
5800000 usd
CY2024Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2565
CY2023Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2485
CY2024Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2565
CY2023Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2485
CY2024Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2565
CY2023Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2545
CY2023Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2570
CY2022Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2550
CY2023Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2570
CY2022Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2550
CY2023Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2625
CY2022Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2550
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.5460
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.5165
CY2024Q2 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
0.2630
CY2024Q2 o Share Based Compensation Arrangement By Share Based Payment Award Converted Awards Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardConvertedAwardsFairValue
66500000 usd
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
870319000 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
674109000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
852621000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
667357000 shares
CY2024Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
398000 shares
CY2023Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
409000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
384000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
392000 shares
CY2024Q2 us-gaap Incremental Common Shares Attributable To Equity Forward Agreements
IncrementalCommonSharesAttributableToEquityForwardAgreements
8000 shares
CY2023Q2 us-gaap Incremental Common Shares Attributable To Equity Forward Agreements
IncrementalCommonSharesAttributableToEquityForwardAgreements
75000 shares
us-gaap Incremental Common Shares Attributable To Equity Forward Agreements
IncrementalCommonSharesAttributableToEquityForwardAgreements
6000 shares
us-gaap Incremental Common Shares Attributable To Equity Forward Agreements
IncrementalCommonSharesAttributableToEquityForwardAgreements
359000 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
870725000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
674593000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
853011000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
668108000 shares
us-gaap Interest Paid Net
InterestPaidNet
397910000 usd
us-gaap Interest Paid Net
InterestPaidNet
324711000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
27730000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
8081000 usd
o Increase Decrease In Fair Value Of Derivatives Net
IncreaseDecreaseInFairValueOfDerivativesNet
62048000 usd
o Increase Decrease In Fair Value Of Derivatives Net
IncreaseDecreaseInFairValueOfDerivativesNet
-77982000 usd
o Increase In Noncontrolling Interests From Property Acquisitions
IncreaseInNoncontrollingInterestsFromPropertyAcquisitions
0 usd
o Increase In Noncontrolling Interests From Property Acquisitions
IncreaseInNoncontrollingInterestsFromPropertyAcquisitions
39156000 usd
CY2024Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
442820000 usd
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
253693000 usd
CY2024Q2 us-gaap Restricted Cash
RestrictedCash
18806000 usd
CY2023Q2 us-gaap Restricted Cash
RestrictedCash
23995000 usd
CY2024Q2 us-gaap Escrow Deposit
EscrowDeposit
11485000 usd
CY2023Q2 us-gaap Escrow Deposit
EscrowDeposit
37174000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
473111000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
314862000 usd
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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