2022 Q4 Form 10-Q Financial Statement

#000156459022035526 Filed on October 28, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2021 Q3
Revenue $1.752B $1.751B $1.183B
YoY Change 37.14% 48.0% 9.26%
Cost Of Revenue $438.8M $415.3M $309.0M
YoY Change 36.31% 34.39% 6.07%
Gross Profit $1.313B $1.336B $874.1M
YoY Change 37.42% 52.81% 10.43%
Gross Profit Margin 74.95% 76.28% 73.88%
Selling, General & Admin $85.42M $87.90M $66.97M
YoY Change 15.71% 31.26% -9.87%
% of Gross Profit 6.51% 6.58% 7.66%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $612.4M $401.5M $390.8M
YoY Change 54.32% 2.72% -2.47%
% of Gross Profit 46.65% 30.06% 44.71%
Operating Expenses $709.9M $496.4M $462.2M
YoY Change 48.51% 7.39% -3.33%
Operating Profit $602.9M $839.3M $765.7M
YoY Change -50.11% 9.61% 37.58%
Interest Expense -$174.4M $192.9M $91.51M
YoY Change -231.64% 110.78% -180.55%
% of Operating Profit -28.93% 22.98% 11.95%
Other Income/Expense, Net $192.9M $91.51M
YoY Change 110.78%
Pretax Income $637.8M $1.108B $857.2M
YoY Change -52.43% 29.24% 148.69%
Income Tax $17.69M $38.67M $59.44M
% Of Pretax Income 2.77% 3.49% 6.93%
Net Earnings $585.8M $1.015B $797.7M
YoY Change -54.97% 27.29% 139.9%
Net Earnings / Revenue 33.44% 58.0% 67.43%
Basic Earnings Per Share $0.64 $1.37 $0.98
Diluted Earnings Per Share $618.6K $1.325M $0.97
COMMON SHARES
Basic Shares Outstanding 923.1M 740.4M 739.4M
Diluted Shares Outstanding 766.4M 764.9M

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $278.5M $636.3M $585.1M
YoY Change -49.92% 8.75% -37.76%
Cash & Equivalents $278.5M $636.3M $585.0M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $278.5M $636.3M $585.1M
YoY Change -49.92% 8.75% -37.76%
LONG-TERM ASSETS
Property, Plant & Equipment $72.59B $47.40B $45.05B
YoY Change 61391.74% 5.2% 3.97%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $9.699B $8.659B $7.652B
YoY Change 12.63% 13.16% 4.67%
Other Assets $531.3M $614.4M $571.7M
YoY Change -20.67% 7.47% -67.46%
Total Long-Term Assets $87.62B $60.31B $56.43B
YoY Change 51.25% 6.87% 2.94%
TOTAL ASSETS
Total Short-Term Assets $278.5M $636.3M $585.1M
Total Long-Term Assets $87.62B $60.31B $56.43B
Total Assets $87.90B $60.95B $57.02B
YoY Change 50.29% 6.89% 2.25%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.158B $1.318B $1.442B
YoY Change 391.58% -8.56% 28.85%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $32.94M $294.2M $94.80M
YoY Change -96.66% 210.29% 4640.1%
Total Short-Term Liabilities $6.158B $1.613B $1.537B
YoY Change 175.11% 4.94% -2.13%
LONG-TERM LIABILITIES
Long-Term Debt $23.88B $18.14B $17.04B
YoY Change 42.72% 6.45% 3.18%
Other Long-Term Liabilities $4.447B $1.882B $1.682B
YoY Change 150.34% 11.88% 41.92%
Total Long-Term Liabilities $23.88B $18.14B $18.72B
YoY Change 29.02% -3.12% 5.77%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.158B $1.613B $1.537B
Total Long-Term Liabilities $23.88B $18.14B $18.72B
Total Liabilities $34.66B $25.65B $24.51B
YoY Change 67.09% 4.66% 3.59%
SHAREHOLDERS EQUITY
Retained Earnings -$457.7M -$312.9M
YoY Change -65.53%
Common Stock $9.231M $7.404M
YoY Change 24.78%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $53.24B $35.29B $32.51B
YoY Change
Total Liabilities & Shareholders Equity $87.90B $60.95B $57.02B
YoY Change 50.29% 6.89% 2.25%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q3
OPERATING ACTIVITIES
Net Income $585.8M $1.015B $797.7M
YoY Change -54.97% 27.29% 139.9%
Depreciation, Depletion And Amortization $612.4M $401.5M $390.8M
YoY Change 54.32% 2.72% -2.47%
Cash From Operating Activities $1.278B $1.203B $814.1M
YoY Change 78.42% 47.82% -16.76%
INVESTING ACTIVITIES
Capital Expenditures $1.240B -$1.194B -$1.197B
YoY Change -160.08% -0.23% 70.13%
Acquisitions
YoY Change
Other Investing Activities -$47.48M -$57.97M $816.6M
YoY Change -104.89% -107.1% 117.71%
Cash From Investing Activities -$1.288B -$1.252B -$380.6M
YoY Change 17.75% 229.1% 15.81%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -371.5M 258.3M -443.8M
YoY Change -206.01% -158.21% 70.44%
NET CHANGE
Cash From Operating Activities 1.278B 1.203B 814.1M
Cash From Investing Activities -1.288B -1.252B -380.6M
Cash From Financing Activities -371.5M 258.3M -443.8M
Net Change In Cash -381.5M 209.2M -10.31M
YoY Change 1315.31% -2129.21% -102.65%
FREE CASH FLOW
Cash From Operating Activities $1.278B $1.203B $814.1M
Capital Expenditures $1.240B -$1.194B -$1.197B
Free Cash Flow $37.51M $2.398B $2.011B
YoY Change -98.65% 19.22% 19.6%

Facts In Submission

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us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
239645000
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
150443000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-18895000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-187453000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
23714000
us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
223658000
us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
109752000
us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
206272000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2848813000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2279976000
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
2231821000
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
1770353000
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
2232354000
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
1196994000
us-gaap Payments For Leasing Costs Commissions And Tenant Improvements
PaymentsForLeasingCostsCommissionsAndTenantImprovements
262177000
us-gaap Payments For Leasing Costs Commissions And Tenant Improvements
PaymentsForLeasingCostsCommissionsAndTenantImprovements
233853000
pld Payment For Property Improvements
PaymentForPropertyImprovements
117563000
pld Payment For Property Improvements
PaymentForPropertyImprovements
98874000
us-gaap Proceeds From Real Estate And Real Estate Joint Ventures
ProceedsFromRealEstateAndRealEstateJointVentures
1721993000
us-gaap Proceeds From Real Estate And Real Estate Joint Ventures
ProceedsFromRealEstateAndRealEstateJointVentures
2817943000
pld Payments To Investments In And Advances To Unconsolidated Entities
PaymentsToInvestmentsInAndAdvancesToUnconsolidatedEntities
192335000
pld Payments To Investments In And Advances To Unconsolidated Entities
PaymentsToInvestmentsInAndAdvancesToUnconsolidatedEntities
454918000
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
58528000
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
56993000
us-gaap Proceeds From Hedge Investing Activities
ProceedsFromHedgeInvestingActivities
45033000
us-gaap Proceeds From Hedge Investing Activities
ProceedsFromHedgeInvestingActivities
0
us-gaap Payments For Hedge Investing Activities
PaymentsForHedgeInvestingActivities
771000
us-gaap Payments For Hedge Investing Activities
PaymentsForHedgeInvestingActivities
16513000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3211467000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-896569000
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
0
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
743000
us-gaap Payments Of Dividends
PaymentsOfDividends
1762759000
us-gaap Payments Of Dividends
PaymentsOfDividends
1404360000
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
11921000
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
7378000
pld Payments To Minority Shareholders Excluding Parent Company Distributions
PaymentsToMinorityShareholdersExcludingParentCompanyDistributions
219970000
pld Payments To Minority Shareholders Excluding Parent Company Distributions
PaymentsToMinorityShareholdersExcludingParentCompanyDistributions
337110000
us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
52505000
us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
138173000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
25427000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
18434000
us-gaap Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
31912000
us-gaap Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
22008000
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
60357000
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-70200000
pld Repurchase Of And Repayments On Debt Excluding Line Of Credit
RepurchaseOfAndRepaymentsOnDebtExcludingLineOfCredit
886746000
pld Repurchase Of And Repayments On Debt Excluding Line Of Credit
RepurchaseOfAndRepaymentsOnDebtExcludingLineOfCredit
2201383000
pld Proceeds From Issuance Of Debt Excluding Line Of Credit
ProceedsFromIssuanceOfDebtExcludingLineOfCredit
3394353000
pld Proceeds From Issuance Of Debt Excluding Line Of Credit
ProceedsFromIssuanceOfDebtExcludingLineOfCredit
2824754000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
487312000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1358793000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-44493000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-37629000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
80165000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-13015000
CY2022Q3 pld Common Unit Distributions Per Unit Cash Paid
CommonUnitDistributionsPerUnitCashPaid
0.79
CY2021Q3 pld Common Unit Distributions Per Unit Cash Paid
CommonUnitDistributionsPerUnitCashPaid
0.63
pld Common Unit Distributions Per Unit Cash Paid
CommonUnitDistributionsPerUnitCashPaid
2.37
pld Common Unit Distributions Per Unit Cash Paid
CommonUnitDistributionsPerUnitCashPaid
1.89
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
636282000
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
585071000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2022Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
8558576000
CY2021Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
7668187000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4567000
CY2022Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
55954870000
CY2021Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
53005190000
CY2022Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
47396294000
CY2021Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
45337003000
CY2022Q3 pld Number Of Real Estate Properties Purchased
NumberOfRealEstatePropertiesPurchased
9
CY2021Q3 pld Number Of Real Estate Properties Purchased
NumberOfRealEstatePropertiesPurchased
15
pld Number Of Real Estate Properties Purchased
NumberOfRealEstatePropertiesPurchased
22
pld Number Of Real Estate Properties Purchased
NumberOfRealEstatePropertiesPurchased
26
CY2022Q3 pld Square Footage Of Real Estate Property Operating Properties Purchased
SquareFootageOfRealEstatePropertyOperatingPropertiesPurchased
1952000
CY2021Q3 pld Square Footage Of Real Estate Property Operating Properties Purchased
SquareFootageOfRealEstatePropertyOperatingPropertiesPurchased
3910000
pld Square Footage Of Real Estate Property Operating Properties Purchased
SquareFootageOfRealEstatePropertyOperatingPropertiesPurchased
3746000
pld Square Footage Of Real Estate Property Operating Properties Purchased
SquareFootageOfRealEstatePropertyOperatingPropertiesPurchased
6023000
CY2022Q3 pld Real Estate Acquisition Cost Acquired During Period Excluding Other Real Estate Investments
RealEstateAcquisitionCostAcquiredDuringPeriodExcludingOtherRealEstateInvestments
314736000
CY2021Q3 pld Real Estate Acquisition Cost Acquired During Period Excluding Other Real Estate Investments
RealEstateAcquisitionCostAcquiredDuringPeriodExcludingOtherRealEstateInvestments
707209000
pld Real Estate Acquisition Cost Acquired During Period Excluding Other Real Estate Investments
RealEstateAcquisitionCostAcquiredDuringPeriodExcludingOtherRealEstateInvestments
1562962000
pld Real Estate Acquisition Cost Acquired During Period Excluding Other Real Estate Investments
RealEstateAcquisitionCostAcquiredDuringPeriodExcludingOtherRealEstateInvestments
1572074000
CY2022Q3 pld Other Real Estate Acquisition Cost Acquired During Period
OtherRealEstateAcquisitionCostAcquiredDuringPeriod
33627000
CY2021Q3 pld Other Real Estate Acquisition Cost Acquired During Period
OtherRealEstateAcquisitionCostAcquiredDuringPeriod
50502000
pld Other Real Estate Acquisition Cost Acquired During Period
OtherRealEstateAcquisitionCostAcquiredDuringPeriod
636841000
pld Other Real Estate Acquisition Cost Acquired During Period
OtherRealEstateAcquisitionCostAcquiredDuringPeriod
224309000
CY2022Q3 pld Net Gains On Dispositions Of Development Properties And Land Net
NetGainsOnDispositionsOfDevelopmentPropertiesAndLandNet
74678000
CY2021Q3 pld Net Gains On Dispositions Of Development Properties And Land Net
NetGainsOnDispositionsOfDevelopmentPropertiesAndLandNet
139406000
pld Net Gains On Dispositions Of Development Properties And Land Net
NetGainsOnDispositionsOfDevelopmentPropertiesAndLandNet
390686000
pld Net Gains On Dispositions Of Development Properties And Land Net
NetGainsOnDispositionsOfDevelopmentPropertiesAndLandNet
500410000
CY2022Q3 pld Gains On Other Dispositions Of Investments In Real Estate Net
GainsOnOtherDispositionsOfInvestmentsInRealEstateNet
1019000
CY2021Q3 pld Gains On Other Dispositions Of Investments In Real Estate Net
GainsOnOtherDispositionsOfInvestmentsInRealEstateNet
214390000
pld Gains On Other Dispositions Of Investments In Real Estate Net
GainsOnOtherDispositionsOfInvestmentsInRealEstateNet
585854000
pld Gains On Other Dispositions Of Investments In Real Estate Net
GainsOnOtherDispositionsOfInvestmentsInRealEstateNet
358180000
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
531000000.0
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
459400000
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
526700000
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
448400000
CY2022Q3 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
4703000000
CY2021Q3 pld Incremental Common Shares Attributable To Conversion Of Common Limited Partnership Units
IncrementalCommonSharesAttributableToConversionOfCommonLimitedPartnershipUnits
20421000
CY2022Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
8659129000
CY2021Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
8610958000
CY2022Q3 us-gaap Related Party Transaction Due From To Related Party
RelatedPartyTransactionDueFromToRelatedParty
642600000
CY2021Q4 us-gaap Related Party Transaction Due From To Related Party
RelatedPartyTransactionDueFromToRelatedParty
149500000
CY2022Q3 pld Assets Held For Sale Or Contribution
AssetsHeldForSaleOrContribution
614356000
CY2021Q4 pld Assets Held For Sale Or Contribution
AssetsHeldForSaleOrContribution
669688000
CY2022Q3 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
7178000
CY2021Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
10631000
CY2022Q3 us-gaap Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
0.018
CY2022Q3 us-gaap Long Term Debt
LongTermDebt
18139299000
CY2021Q4 us-gaap Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
0.016
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
17715054000
CY2022Q3 us-gaap Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
0.018
CY2022Q3 us-gaap Long Term Debt
LongTermDebt
18139299000
CY2022Q3 pld Percentage Of Outstanding Debt
PercentageOfOutstandingDebt
1.000
CY2021Q4 us-gaap Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
0.016
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
17715054000
CY2021Q4 pld Percentage Of Outstanding Debt
PercentageOfOutstandingDebt
1.000
pld Incremental Common Shares Attributable To Conversion Of Common Limited Partnership Units
IncrementalCommonSharesAttributableToConversionOfCommonLimitedPartnershipUnits
21246000
pld Incremental Common Shares Attributable To Conversion Of Common Limited Partnership Units
IncrementalCommonSharesAttributableToConversionOfCommonLimitedPartnershipUnits
20860000
CY2022Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4423000
CY2022Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
5248000000
CY2022Q3 us-gaap Line Of Credit
LineOfCredit
520000000
CY2022Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
25000000
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
636000000
CY2022Q3 pld Available Liquidity
AvailableLiquidity
5339000000
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
294157000
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
177547000
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
763121000
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
388086000
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
1621701000
CY2022Q3 pld Long Term Debt Maturities Repayment Of Principal After Year Four
LongTermDebtMaturitiesRepaymentOfPrincipalAfterYearFour
14971938000
CY2022Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
18216550000
CY2022Q3 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
-3475000
CY2022Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
80726000
CY2022Q3 us-gaap Long Term Debt
LongTermDebt
18139299000
pld Debt Instruments Expected Maturing Period
DebtInstrumentsExpectedMaturingPeriod
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CY2022Q3 us-gaap Minority Interest In Operating Partnerships
MinorityInterestInOperatingPartnerships
3323541000
CY2021Q4 us-gaap Minority Interest In Operating Partnerships
MinorityInterestInOperatingPartnerships
3397538000
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1013933000
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
722007000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2773042000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1686447000
CY2022Q3 us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsNonredeemable
-28792000
CY2021Q3 us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsNonredeemable
-19890000
us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsNonredeemable
-78648000
us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsNonredeemable
-47131000
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1042725000
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
741897000
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
2851690000
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1733578000
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
740719000
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
739439000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
740585000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
739217000
CY2022Q3 pld Incremental Common Shares Attributable To Conversion Of Common Limited Partnership Units
IncrementalCommonSharesAttributableToConversionOfCommonLimitedPartnershipUnits
21230000
CY2021Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
5085000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4188000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.72
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.27
CY2022Q3 pld Weighted Average Potentially Dilutive Shares And Units Outstanding
WeightedAveragePotentiallyDilutiveSharesAndUnitsOutstanding
27787000
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
766372000
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
764945000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
766019000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
764644000
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.37
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.98
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.74
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.28
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.36
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.97
CY2021Q3 pld Weighted Average Potentially Dilutive Shares And Units Outstanding
WeightedAveragePotentiallyDilutiveSharesAndUnitsOutstanding
27386000
pld Weighted Average Potentially Dilutive Shares And Units Outstanding
WeightedAveragePotentiallyDilutiveSharesAndUnitsOutstanding
27555000
pld Weighted Average Potentially Dilutive Shares And Units Outstanding
WeightedAveragePotentiallyDilutiveSharesAndUnitsOutstanding
27723000
CY2022Q3 us-gaap Derivative Instruments In Hedges Assets At Fair Value
DerivativeInstrumentsInHedgesAssetsAtFairValue
386708000
CY2022Q3 us-gaap Derivative Instruments In Hedges Liabilities At Fair Value
DerivativeInstrumentsInHedgesLiabilitiesAtFairValue
341000
CY2021Q4 us-gaap Derivative Instruments In Hedges Assets At Fair Value
DerivativeInstrumentsInHedgesAssetsAtFairValue
91047000
CY2021Q4 us-gaap Derivative Instruments In Hedges Liabilities At Fair Value
DerivativeInstrumentsInHedgesLiabilitiesAtFairValue
9675000
CY2022Q3 pld Number Of Contracts Exercised
NumberOfContractsExercised
55
CY2021Q3 pld Number Of Contracts Exercised
NumberOfContractsExercised
61
pld Number Of Contracts Exercised
NumberOfContractsExercised
124
pld Number Of Contracts Exercised
NumberOfContractsExercised
135
CY2022Q3 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
94000000
CY2021Q3 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-2000000
us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
124000000
us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-11000000
CY2022Q3 pld Unrealized Gain Loss On Foreign Currency Transaction Mark To Market Derivatives
UnrealizedGainLossOnForeignCurrencyTransactionMarkToMarketDerivatives
48000000
CY2021Q3 pld Unrealized Gain Loss On Foreign Currency Transaction Mark To Market Derivatives
UnrealizedGainLossOnForeignCurrencyTransactionMarkToMarketDerivatives
35000000
pld Unrealized Gain Loss On Foreign Currency Transaction Mark To Market Derivatives
UnrealizedGainLossOnForeignCurrencyTransactionMarkToMarketDerivatives
151000000
pld Unrealized Gain Loss On Foreign Currency Transaction Mark To Market Derivatives
UnrealizedGainLossOnForeignCurrencyTransactionMarkToMarketDerivatives
75000000
CY2022Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
58995000
CY2021Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
8041000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3053057000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1982084000
CY2022Q3 us-gaap Assets
Assets
60945529000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
379109000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
194506000
CY2022Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
239062000
CY2021Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
48708000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
761102000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
201881000
CY2022Q3 us-gaap Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
24902000
CY2021Q3 us-gaap Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
3748000
us-gaap Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
67230000
us-gaap Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
13379000
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
263964000
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
52456000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
828332000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
215260000
CY2022Q3 us-gaap Long Term Debt
LongTermDebt
18139299000
CY2022Q3 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
15020303000
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
17715054000
CY2021Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
17915994000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2
CY2022Q3 us-gaap Revenues
Revenues
1750892000
CY2021Q3 us-gaap Revenues
Revenues
1183049000
us-gaap Revenues
Revenues
4222100000
us-gaap Revenues
Revenues
3482207000
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1107843000
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
857166000
CY2021Q4 us-gaap Assets
Assets
58486220000
CY2022Q3 pld Operating Lease Right Of Use Asset Before Amortization
OperatingLeaseRightOfUseAssetBeforeAmortization
150400000
CY2022Q3 pld Operating Lease Liability Before Amortization
OperatingLeaseLiabilityBeforeAmortization
150400000
CY2021Q3 pld Operating Lease Liability Before Amortization
OperatingLeaseLiabilityBeforeAmortization
32700000
CY2021Q3 pld Operating Lease Right Of Use Asset Before Amortization
OperatingLeaseRightOfUseAssetBeforeAmortization
32700000
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
26500000
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
19400000
CY2021Q3 pld Number Of Unconsolidated Other Ventures
NumberOfUnconsolidatedOtherVentures
2
pld Noncash Or Part Noncash Acquisition Real Estate Acquired
NoncashOrPartNoncashAcquisitionRealEstateAcquired
10000000.0
us-gaap Interest Paid Net
InterestPaidNet
188900000
us-gaap Interest Paid Net
InterestPaidNet
224700000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
85300000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
85000000.0
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
598086000
CY2022Q3 pld Dividends And Other
DividendsAndOther
-641326000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
556117000

Files In Submission

Name View Source Status
pld-10q_20220930_htm.xml Edgar Link completed
0001564590-22-035526-index-headers.html Edgar Link pending
0001564590-22-035526-index.html Edgar Link pending
0001564590-22-035526.txt Edgar Link pending
0001564590-22-035526-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
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FilingSummary.xml Edgar Link unprocessable
pld-20220930_lab.xml Edgar Link unprocessable
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pld-10q_20220930.htm Edgar Link pending
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pld-20220930_def.xml Edgar Link unprocessable
pld-20220930_pre.xml Edgar Link unprocessable