$PSA
Public Storage Stock $psa

$psa Overview Financials Valuation SEC Filings Company Website

2023 Q2 Form 10-Q Financial Statement

#000139331123000025 Filed on May 03, 2023

Income Statement

Concept	2023 Q2	2023 Q1	2022 Q1
Revenue	$1.120B	$1.094B	$973.4M
YoY Change	8.5%	12.41%	26.87%
Cost Of Revenue	$279.9M	$288.3M	$261.0M
YoY Change	9.67%	10.45%	14.28%
Gross Profit	$839.9M	$805.9M	$712.4M
YoY Change	8.12%	13.12%	32.23%
Gross Profit Margin	75.01%	73.65%	73.19%
Selling, General & Admin	$24.24M	$24.96M	$22.83M
YoY Change	-12.97%	9.35%	28.25%
% of Gross Profit	2.89%	3.1%	3.2%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$222.1M	$221.7M	$222.1M
YoY Change	1.57%	-0.22%	51.25%
% of Gross Profit	26.45%	27.5%	31.18%
Operating Expenses	$246.4M	$246.6M	$245.0M
YoY Change	-0.08%	0.68%	48.73%
Operating Profit	$593.5M	$559.3M	$467.5M
YoY Change	11.92%	19.65%	24.96%
Interest Expense	-$11.16M	$36.10M	$33.12M
YoY Change	-133.87%	8.99%	117.21%
% of Operating Profit	-1.88%	6.45%	7.09%
Other Income/Expense, Net
YoY Change
Pretax Income	$581.2M	$520.4M	$516.3M
YoY Change	-11.53%	0.8%	18.88%
Income Tax	$2.518M	$3.105M
% Of Pretax Income	0.43%	0.6%
Net Earnings	$528.3M	$517.7M	$513.9M
YoY Change	-19.21%	0.73%	18.68%
Net Earnings / Revenue	47.18%	47.31%	52.8%
Basic Earnings Per Share	$3.01	$2.67	$2.65
Diluted Earnings Per Share	$3.00	$2.65	$2.63
COMMON SHARES
Basic Shares Outstanding	175.8M shares	175.8M shares	175.2M shares
Diluted Shares Outstanding	176.2M shares	176.2M shares	176.3M shares

Balance Sheet

Concept	2023 Q2	2023 Q1	2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$651.7M	$695.4M	$940.5M
YoY Change	-35.73%	-26.06%	487.83%
Cash & Equivalents	$651.7M	$695.4M	$940.5M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$651.7M	$695.4M	$940.5M
YoY Change	-35.73%	-26.06%	487.83%
LONG-TERM ASSETS
Property, Plant & Equipment	$16.16B	$16.04B	$15.42B
YoY Change	3.98%	4.01%	46.05%
Goodwill	$165.8M	$165.8M	$165.8M
YoY Change	0.0%	0.0%	0.03%
Intangibles
YoY Change
Long-Term Investments	$276.8M	$285.7M	$850.6M
YoY Change	-67.28%	-66.41%	10.33%
Other Assets
YoY Change
Total Long-Term Assets	$16.91B	$16.81B	$16.76B
YoY Change	0.35%	0.32%	41.76%
TOTAL ASSETS
Total Short-Term Assets	$651.7M	$695.4M	$940.5M
Total Long-Term Assets	$16.91B	$16.81B	$16.76B
Total Assets	$17.56B	$17.51B	$17.70B
YoY Change	-1.69%	-1.08%	47.71%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$507.6M	$470.4M	$454.0M
YoY Change	7.18%	3.62%	23.36%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$507.6M	$470.4M	$454.0M
YoY Change	7.18%	3.62%	23.36%
LONG-TERM LIABILITIES
Long-Term Debt	$6.894B	$6.899B	$7.442B
YoY Change	-6.09%	-7.29%	148.39%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$6.894B	$6.899B	$7.442B
YoY Change	-6.09%	-7.29%	148.39%
TOTAL LIABILITIES
Total Short-Term Liabilities	$507.6M	$470.4M	$454.0M
Total Long-Term Liabilities	$6.894B	$6.899B	$7.442B
Total Liabilities	$7.494B	$7.370B	$7.896B
YoY Change	-4.1%	-6.66%	134.68%
SHAREHOLDERS EQUITY
Retained Earnings	-$167.4M	-$169.0M	-$436.1M
YoY Change	-8.13%	-61.26%	-50.33%
Common Stock	$17.55M	$17.55M	$17.52M
YoY Change	0.14%	0.15%	0.32%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$10.07B	$10.05B	$9.699B
YoY Change
Total Liabilities & Shareholders Equity	$17.56B	$17.51B	$17.70B
YoY Change	-1.69%	-1.08%	47.71%

Cashflow Statement

Concept	2023 Q2	2023 Q1	2022 Q1
OPERATING ACTIVITIES
Net Income	$528.3M	$517.7M	$513.9M
YoY Change	-19.21%	0.73%	18.68%
Depreciation, Depletion And Amortization	$222.1M	$221.7M	$222.1M
YoY Change	1.57%	-0.22%	51.25%
Cash From Operating Activities	$882.4M	$696.9M	$656.2M
YoY Change	10.64%	6.19%	28.89%
INVESTING ACTIVITIES
Capital Expenditures	$338.1M	$212.3M	-$288.5M
YoY Change	-208.44%	-173.58%	-30.52%
Acquisitions
YoY Change
Other Investing Activities	$3.165M		$0.00
YoY Change	-30.24%		-100.0%
Cash From Investing Activities	-$335.0M	-$212.3M	-$288.5M
YoY Change	9.01%	-26.42%	-28.53%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net			$8.073M
YoY Change			71.66%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-591.1M	-$564.0M	-$161.3M
YoY Change	41.89%	249.74%	-20.55%
NET CHANGE
Cash From Operating Activities	882.4M	$696.9M	$656.2M
Cash From Investing Activities	-335.0M	-$212.3M	-$288.5M
Cash From Financing Activities	-591.1M	-$564.0M	-$161.3M
Net Change In Cash	-43.68M	-$79.38M	$206.6M
YoY Change	-159.32%	-138.42%	-312.24%
FREE CASH FLOW
Cash From Operating Activities	$882.4M	$696.9M	$656.2M
Capital Expenditures	$338.1M	$212.3M	-$288.5M
Free Cash Flow	$544.3M	$484.6M	$944.8M
YoY Change	-50.94%	-48.71%	2.2%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q1	dei	Amendment Flag AmendmentFlag	false
CY2023Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2023Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001393311
CY2023Q1	dei	Document Type DocumentType	10-Q
CY2023Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2023Q1	dei	Entity File Number EntityFileNumber	001-33519
CY2023Q1	dei	Entity Registrant Name EntityRegistrantName	Public Storage
CY2023Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	MD
CY2023Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	95-3551121
CY2023Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	701 Western Avenue
CY2023Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Glendale
CY2023Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	CA
CY2023Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	91201-2349
CY2023Q1	dei	City Area Code CityAreaCode	818
CY2023Q1	dei	Local Phone Number LocalPhoneNumber	244-8080
CY2023Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2023Q1	dei	Entity Small Business EntitySmallBusiness	false
CY2023Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2023Q1	dei	Entity Shell Company EntityShellCompany	false
CY2023Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	175812057	shares
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	695424000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	775253000	usd
CY2023Q1	us-gaap	Land Land	5293989000	usd
CY2022Q4	us-gaap	Land Land	5273073000	usd
CY2023Q1	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	19129120000	usd
CY2022Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	18946053000	usd
CY2023Q1	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	24423109000	usd
CY2022Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	24219126000	usd
CY2023Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	8759281000	usd
CY2022Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	8554155000	usd
CY2023Q1	psa	Real Estate Facilities Net RealEstateFacilitiesNet	15663828000	usd
CY2022Q4	psa	Real Estate Facilities Net RealEstateFacilitiesNet	15664971000	usd
CY2023Q1	us-gaap	Development In Process DevelopmentInProcess	377348000	usd
CY2022Q4	us-gaap	Development In Process DevelopmentInProcess	372992000	usd
CY2023Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	16041176000	usd
CY2022Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	16037963000	usd
CY2023Q1	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	285692000	usd
CY2022Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	275752000	usd
CY2023Q1	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	219730000	usd
CY2022Q4	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	232517000	usd
CY2023Q1	us-gaap	Other Assets OtherAssets	265756000	usd
CY2022Q4	us-gaap	Other Assets OtherAssets	230822000	usd
CY2023Q1	us-gaap	Assets Assets	17507778000	usd
CY2022Q4	us-gaap	Assets Assets	17552307000	usd
CY2023Q1	us-gaap	Long Term Debt LongTermDebt	6899335000	usd
CY2022Q4	us-gaap	Long Term Debt LongTermDebt	6870826000	usd
CY2023Q1	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	470395000	usd
CY2022Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	514680000	usd
CY2023Q1	us-gaap	Liabilities Liabilities	7369730000	usd
CY2022Q4	us-gaap	Liabilities Liabilities	7385506000	usd
CY2023Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2022Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2022Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2023Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2022Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2023Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	174000	shares
CY2023Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	174000	shares
CY2022Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	174000	shares
CY2022Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	174000	shares
CY2023Q1	us-gaap	Preferred Stock Value PreferredStockValue	4350000000	usd
CY2022Q4	us-gaap	Preferred Stock Value PreferredStockValue	4350000000	usd
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.10
CY2023Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.10
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	650000000	shares
CY2023Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	650000000	shares
CY2023Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	175466222	shares
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	10166801000	usd
CY2023Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	175466222	shares
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	175265668	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	175265668	shares
CY2023Q1	us-gaap	Common Stock Value CommonStockValue	17547000	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	17527000	usd
CY2023Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	5923564000	usd
CY2022Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	5896423000	usd
CY2023Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-168952000	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-110231000	usd
CY2023Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-76448000	usd
CY2022Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-80317000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	10045711000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	10073402000	usd
CY2023Q1	us-gaap	Minority Interest MinorityInterest	92337000	usd
CY2022Q4	us-gaap	Minority Interest MinorityInterest	93399000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	10138048000	usd
CY2023Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	17507778000	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	17552307000	usd
CY2023Q1	us-gaap	Revenues Revenues	1094232000	usd
CY2022Q1	us-gaap	Revenues Revenues	973445000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	221650000	usd
CY2022Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	222128000	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	25544000	usd
CY2022Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	23069000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	36101000	usd
CY2022Q1	us-gaap	Interest Expense InterestExpense	33124000	usd
CY2023Q1	us-gaap	Costs And Expenses CostsAndExpenses	571586000	usd
CY2022Q1	us-gaap	Costs And Expenses CostsAndExpenses	539330000	usd
CY2023Q1	us-gaap	Interest And Other Income InterestAndOtherIncome	18634000	usd
CY2022Q1	us-gaap	Interest And Other Income InterestAndOtherIncome	3379000	usd
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	5995000	usd
CY2022Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	43424000	usd
CY2023Q1	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	-26860000	usd
CY2022Q1	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	35377000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	520415000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	516295000	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	2707000	usd
CY2022Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	2352000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	517708000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	513943000	usd
CY2023Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	48678000	usd
CY2022Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	48365000	usd
CY2023Q1	psa	Allocation Of Net Income To Restricted Share Units AllocationOfNetIncomeToRestrictedShareUnits	1442000	usd
CY2022Q1	psa	Allocation Of Net Income To Restricted Share Units AllocationOfNetIncomeToRestrictedShareUnits	1454000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	467588000	usd
CY2022Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	464124000	usd
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.67
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.65
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.65
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.63
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	175451000	shares
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	175170000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	176228000	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	176336000	shares
CY2023Q1	us-gaap	Profit Loss ProfitLoss	520415000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	516295000	usd
CY2023Q1	psa	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci For Equity Method Investments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAociForEquityMethodInvestments	3869000	usd
CY2022Q1	psa	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci For Equity Method Investments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAociForEquityMethodInvestments	-6795000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	524284000	usd
CY2022Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	509500000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	2707000	usd
CY2022Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	2352000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	521577000	usd
CY2022Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	507148000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	10166801000	usd
CY2023Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	8932000	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	10914000	usd
CY2023Q1	psa	Contributions By Noncontrolling Interest ContributionsByNoncontrollingInterest	4000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	520415000	usd
CY2023Q1	us-gaap	Dividends Preferred Stock DividendsPreferredStock	48678000	usd
CY2023Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	3773000	usd
CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	3.00
CY2023Q1	psa	Dividends Common Stock And Restricted Share Units DividendsCommonStockAndRestrictedShareUnits	527751000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	3869000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	10138048000	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	9355289000	usd
CY2021Q4	us-gaap	Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests	68249000	usd
CY2022Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	10574000	usd
CY2022Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	15650000	usd
CY2022Q1	psa	Contributions By Noncontrolling Interest ContributionsByNoncontrollingInterest	791000	usd
CY2022Q1	psa	Temporary Equity Noncontrolling Interest Contributions From Noncontrolling Interest TemporaryEquityNoncontrollingInterestContributionsFromNoncontrollingInterest	15426000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	516295000	usd
CY2022Q1	psa	Temporary Equity Income Loss Attributable To Noncontrolling Interest TemporaryEquityIncomeLossAttributableToNoncontrollingInterest	-660000	usd
CY2022Q1	us-gaap	Dividends Preferred Stock DividendsPreferredStock	48365000	usd
CY2022Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	2046000	usd
CY2022Q1	psa	Temporary Equity Noncontrolling Interest Decrease From Distributions To Noncontrolling Interest Holders TemporaryEquityNoncontrollingInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	509000	usd
CY2022Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	2.00
CY2022Q1	us-gaap	Dividends Common Stock DividendsCommonStock	351263000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-6795000	usd
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	9719261000	usd
CY2022Q1	us-gaap	Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests	83826000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	520415000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	516295000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	221650000	usd
CY2022Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	222128000	usd
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	5995000	usd
CY2022Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	43424000	usd
CY2023Q1	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	324000	usd
CY2022Q1	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	15501000	usd
CY2023Q1	psa	Unrealized Foreign Exchange Fluctuation UnrealizedForeignExchangeFluctuation	-26825000	usd
CY2022Q1	psa	Unrealized Foreign Exchange Fluctuation UnrealizedForeignExchangeFluctuation	35377000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	9845000	usd
CY2022Q1	us-gaap	Share Based Compensation ShareBasedCompensation	13928000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-2890000	usd
CY2022Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-2042000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	36611000	usd
CY2022Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	8885000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	-42450000	usd
CY2022Q1	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	-25967000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	696893000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	656241000	usd
CY2023Q1	psa	Capital Expenditures To Maintain Real Estate Facilities CapitalExpendituresToMaintainRealEstateFacilities	96642000	usd
CY2022Q1	psa	Capital Expenditures To Maintain Real Estate Facilities CapitalExpendituresToMaintainRealEstateFacilities	99549000	usd
CY2023Q1	psa	Development And Expansion Of Real Estate Facilities DevelopmentAndExpansionOfRealEstateFacilities	68874000	usd
CY2022Q1	psa	Development And Expansion Of Real Estate Facilities DevelopmentAndExpansionOfRealEstateFacilities	76705000	usd
CY2023Q1	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	46795000	usd
CY2022Q1	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	112277000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-212311000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-288531000	usd
CY2023Q1	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	129000	usd
CY2022Q1	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	236000	usd
CY2023Q1	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	0	usd
CY2022Q1	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	242832000	usd
CY2023Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	25116000	usd
CY2022Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	8073000	usd
CY2023Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	8932000	usd
CY2022Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	10574000	usd
CY2023Q1	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	4000	usd
CY2022Q1	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	791000	usd
CY2023Q1	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	576251000	usd
CY2022Q1	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	399584000	usd
CY2023Q1	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	3773000	usd
CY2022Q1	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	2555000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-563965000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-161253000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-79383000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	206457000	usd
CY2023Q1	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	0	usd
CY2022Q1	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	173000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-79383000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	206630000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	775253000	usd
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	734599000	usd
CY2022Q4	us-gaap	Restricted Cash RestrictedCash	29904000	usd
CY2021Q4	us-gaap	Restricted Cash RestrictedCash	26691000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	805157000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	761290000	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	695424000	usd
CY2022Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	940524000	usd
CY2023Q1	us-gaap	Restricted Cash RestrictedCash	30350000	usd
CY2022Q1	us-gaap	Restricted Cash RestrictedCash	27396000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	725774000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	967920000	usd
CY2023Q1	psa	Capital Expenditures To Maintain Real Estate Facilities Remaining Unpaid At Period End CapitalExpendituresToMaintainRealEstateFacilitiesRemainingUnpaidAtPeriodEnd	-11514000	usd
CY2022Q1	psa	Capital Expenditures To Maintain Real Estate Facilities Remaining Unpaid At Period End CapitalExpendituresToMaintainRealEstateFacilitiesRemainingUnpaidAtPeriodEnd	-14119000	usd
CY2023Q1	psa	Construction In Process Remaining Unpaid At Period End ConstructionInProcessRemainingUnpaidAtPeriodEnd	-50625000	usd
CY2022Q1	psa	Construction In Process Remaining Unpaid At Period End ConstructionInProcessRemainingUnpaidAtPeriodEnd	-42245000	usd
CY2023Q1	psa	Real Estate Acquired In Exchange For Noncontrolling Interests RealEstateAcquiredInExchangeForNoncontrollingInterests	0	usd
CY2022Q1	psa	Real Estate Acquired In Exchange For Noncontrolling Interests RealEstateAcquiredInExchangeForNoncontrollingInterests	-15426000	usd
CY2022Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	24219126000	usd
CY2023Q1	us-gaap	Nature Of Operations NatureOfOperations	Description of the Business<div style="margin-bottom:12pt;padding-left:18pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Public Storage (referred to herein as “the Company,” “we,” “us,” or “our”), a Maryland real estate investment trust that has elected to be taxed as a real estate investment trust (“REIT”), was organized in 1980. Our principal business activities include the ownership and operation of self-storage facilities that offer storage spaces for lease, generally on a month-to-month basis, for personal and business use, ancillary activities such as tenant reinsurance, merchandise sales, and third party management, as well as the acquisition and development of additional self-storage space. </span></div><div style="margin-bottom:12pt;padding-left:18pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">At March 31, 2023, we had direct and indirect equity interests in 2,877 self-storage facilities (with approximately 204.9 million net rentable square feet) located in 40 states in the United States (“U.S.”) operating under the Public Storage® name, and 1.2 million net rentable square feet of commercial and retail space. </span></div><div style="margin-bottom:12pt;padding-left:18pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">At March 31, 2023, we owned a 35% common equity interest in Shurgard Self Storage Limited (“Shurgard”), a public company traded on the Euronext Brussels under the “SHUR” symbol, which owned 266 self-storage facilities (with approximately 15 million net rentable square feet) located in seven Western European countries, all operating under the Shurgard® name.</span></div>
CY2023Q1	psa	Real Estate Investment Property At Cost Capital Improvements RealEstateInvestmentPropertyAtCostCapitalImprovements	93740000	usd
CY2023Q1	psa	Real Estate Investment Property At Cost Acquisition Of Real Estate Facilities RealEstateInvestmentPropertyAtCostAcquisitionOfRealEstateFacilities	44936000	usd
CY2023Q1	psa	Real Estate Investment Property At Cost Newly Developed Facilities Opened For Operation RealEstateInvestmentPropertyAtCostNewlyDevelopedFacilitiesOpenedForOperation	65307000	usd
CY2023Q1	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	24423109000	usd
CY2022Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	8554155000	usd
CY2023Q1	us-gaap	Depreciation Depreciation	205126000	usd
CY2023Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	8759281000	usd
CY2022Q4	us-gaap	Development In Process DevelopmentInProcess	372992000	usd
CY2023Q1	psa	Development In Process Current DevelopmentInProcessCurrent	70981000	usd
CY2023Q1	psa	Development In Process Write Off Of Cancelled Projects DevelopmentInProcessWriteOffOfCancelledProjects	1318000	usd
CY2023Q1	psa	Development In Process Developed Or Redeveloped Facilities Opened For Operation DevelopmentInProcessDevelopedOrRedevelopedFacilitiesOpenedForOperation	65307000	usd
CY2023Q1	us-gaap	Development In Process DevelopmentInProcess	377348000	usd
CY2023Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	16041176000	usd
CY2022Q4	us-gaap	Goodwill Goodwill	165843000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	759964000	usd
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	5995000	usd
CY2022Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	43424000	usd
CY2023Q1	us-gaap	Foreign Currency Exchange Rate Translation1 ForeignCurrencyExchangeRateTranslation1	1.088
CY2023Q1	psa	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci For Equity Method Investments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAociForEquityMethodInvestments	3900000	usd
CY2022Q1	psa	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci For Equity Method Investments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAociForEquityMethodInvestments	-6800000	usd
CY2023Q1	us-gaap	Goodwill Gross GoodwillGross	165843000	usd
CY2023Q1	us-gaap	Goodwill Goodwill	165843000	usd
CY2022Q4	us-gaap	Goodwill Gross GoodwillGross	165843000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	724901000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	35063000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	758106000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	710256000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	47850000	usd
CY2023Q1	psa	Intangible Assets Gross Including Goodwill IntangibleAssetsGrossIncludingGoodwill	944631000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	724901000	usd
CY2023Q1	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	219730000	usd
CY2022Q4	psa	Intangible Assets Gross Including Goodwill IntangibleAssetsGrossIncludingGoodwill	942773000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	710256000	usd
CY2022Q4	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	232517000	usd
CY2023Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	14600000	usd
CY2022Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	33900000	usd
CY2023Q1	us-gaap	Increase Decrease In Intangible Assets Current IncreaseDecreaseInIntangibleAssetsCurrent	1900000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	23545000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	6175000	usd
CY2023Q1	psa	Finite Lived Intangible Assets Amortization Expense Thereafter FiniteLivedIntangibleAssetsAmortizationExpenseThereafter	5343000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	35063000	usd
CY2023Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	6937345000	usd
CY2023Q1	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	38010000	usd
CY2023Q1	us-gaap	Long Term Debt LongTermDebt	6899335000	usd
CY2023Q1	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	6020602000	usd
CY2022Q4	us-gaap	Long Term Debt LongTermDebt	6870826000	usd
CY2022Q4	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	5958083000	usd
CY2023Q1	psa	Long Term Debt Gross Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtGrossMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	8141000	usd
CY2023Q1	psa	Long Term Debt Gross Maturities Repayments Of Principal Year One LongTermDebtGrossMaturitiesRepaymentsOfPrincipalYearOne	808903000	usd
CY2023Q1	psa	Long Term Debt Gross Maturities Repayments Of Principal In Year Two LongTermDebtGrossMaturitiesRepaymentsOfPrincipalInYearTwo	263390000	usd
CY2023Q1	psa	Long Term Debt Gross Maturities Repayments Of Principal In Year Three LongTermDebtGrossMaturitiesRepaymentsOfPrincipalInYearThree	1150138000	usd
CY2023Q1	psa	Long Term Debt Gross Maturities Repayments Of Principal In Year Four LongTermDebtGrossMaturitiesRepaymentsOfPrincipalInYearFour	500140000	usd
CY2023Q1	psa	Long Term Debt Gross Maturities Repayments Of Principal After Year Four LongTermDebtGrossMaturitiesRepaymentsOfPrincipalAfterYearFour	4206633000	usd
CY2023Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	6937345000	usd
CY2023Q1	us-gaap	Debt Weighted Average Interest Rate DebtWeightedAverageInterestRate	0.022
CY2023Q1	us-gaap	Interest Paid InterestPaid	22400000	usd
CY2022Q1	us-gaap	Interest Paid InterestPaid	22200000	usd
CY2023Q1	us-gaap	Interest Paid Capitalized InterestPaidCapitalized	1700000	usd
CY2022Q1	us-gaap	Interest Paid Capitalized InterestPaidCapitalized	1200000	usd
CY2023Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	174000	shares
CY2023Q1	us-gaap	Preferred Stock Liquidation Preference Value PreferredStockLiquidationPreferenceValue	4350000000	usd
CY2022Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	174000	shares
CY2022Q4	us-gaap	Preferred Stock Liquidation Preference Value PreferredStockLiquidationPreferenceValue	4350000000	usd
CY2023Q1	psa	Cumulative Arrearage Of Quarterly Dividends CumulativeArrearageOfQuarterlyDividends	6	dividend
CY2023Q1	psa	Number Of Additional Members Right To Elect NumberOfAdditionalMembersRightToElect	2	board_member
CY2023Q1	us-gaap	Preferred Stock Amount Of Preferred Dividends In Arrears PreferredStockAmountOfPreferredDividendsInArrears	0	usd
CY2023Q1	psa	Affirmative Vote Of Outstanding Shares Of Series Of Preferred Shares Required For Any Material And Adverse Amendment To Terms Of Series Percent AffirmativeVoteOfOutstandingSharesOfSeriesOfPreferredSharesRequiredForAnyMaterialAndAdverseAmendmentToTermsOfSeriesPercent	0.6667
CY2023Q1	psa	Affirmative Vote Of Outstanding Shares Of All Preferred Shares Voting As Single Class Required To Issue Shares Ranking Senior To Preferred Shares Percent AffirmativeVoteOfOutstandingSharesOfAllPreferredSharesVotingAsSingleClassRequiredToIssueSharesRankingSeniorToPreferredSharesPercent	0.6667
CY2023Q1	us-gaap	Preferred Stock Redemption Price Per Share PreferredStockRedemptionPricePerShare	25.00
CY2023Q1	psa	Increase In Regular Common Dividend IncreaseInRegularCommonDividend	0.50
CY2023Q1	psa	Common Stock Per Share Quarterly Dividend CommonStockPerShareQuarterlyDividend	2.00
CY2023Q1	psa	Common Stock Per Share Quarterly Dividend CommonStockPerShareQuarterlyDividend	3.00
CY2023Q1	psa	Common Stock Per Share Annual Dividends CommonStockPerShareAnnualDividends	8.00
CY2023Q1	psa	Common Stock Per Share Annual Dividends CommonStockPerShareAnnualDividends	12.00
CY2023Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	527600000	usd
CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	3.00
CY2022Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	351200000	usd
CY2022Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	2.00
CY2023Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	48700000	usd
CY2022Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	48400000	usd
CY2023Q1	us-gaap	Related Party Transaction Amounts Of Transaction RelatedPartyTransactionAmountsOfTransaction	500000	usd
CY2022Q1	us-gaap	Related Party Transaction Amounts Of Transaction RelatedPartyTransactionAmountsOfTransaction	500000	usd
CY2023Q1	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	700000	usd
CY2022Q1	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	1000000	usd
CY2023Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	9845000	usd
CY2022Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	13928000	usd
CY2023Q1	psa	Accelerated Compensation Expense AcceleratedCompensationExpense	500000	usd
CY2022Q1	psa	Accelerated Compensation Expense AcceleratedCompensationExpense	4200000	usd
CY2023Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	100400000	usd
CY2023Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P3Y
CY2023Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	117168	shares
CY2023Q1	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	150658	shares
CY2023Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	25816	shares
CY2023Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	3105177	shares
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	3164483	shares
CY2023Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	264512	shares
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	467588000	usd
CY2022Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	464124000	usd
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	175451000	shares
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	175170000	shares
CY2023Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	777000	shares
CY2022Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	1166000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	176228000	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	176336000	shares
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.67
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.65
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.65
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.63
CY2023Q1	us-gaap	Profit Loss ProfitLoss	520415000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	516295000	usd
CY2023Q1	psa	Deductible For General Liability DeductibleForGeneralLiability	2000000	usd
CY2023Q1	psa	Deductible For Property Loss DeductibleForPropertyLoss	25000000	usd
CY2023Q1	psa	Reduced Deductible For Property Loss ReducedDeductibleForPropertyLoss	5000000	usd
CY2023Q1	psa	Aggregate Loss Threshold For Reduced Deductible For Property Loss AggregateLossThresholdForReducedDeductibleForPropertyLoss	35000000	usd
CY2023Q1	psa	Minimum Loss Per Occurrence To Reach Aggregate Loss Threshold For Reduced Deductible For Property Loss MinimumLossPerOccurrenceToReachAggregateLossThresholdForReducedDeductibleForPropertyLoss	5000000	usd
CY2023Q1	psa	Aggregate Limit Property Loss Coverage AggregateLimitPropertyLossCoverage	75000000	usd
CY2023Q1	psa	Aggregate Limit General Liability Coverage AggregateLimitGeneralLiabilityCoverage	102000000	usd
CY2023Q1	psa	Tenant Individual Insurance Limit Maximum TenantIndividualInsuranceLimitMaximum	5000	usd
CY2023Q1	psa	Third Party Insurance Coverage For Claims Paid Exceeding Amount For Individual Event ThirdPartyInsuranceCoverageForClaimsPaidExceedingAmountForIndividualEvent	15000000	usd
CY2023Q1	psa	Third Party Insurance Coverage For Claims Paid For Individual Event Limit ThirdPartyInsuranceCoverageForClaimsPaidForIndividualEventLimit	5000000	usd
CY2023Q1	psa	Tenant Certificate Holders Participating Individual Insurance Program TenantCertificateHoldersParticipatingIndividualInsuranceProgram	1300000	certificate
CY2023Q1	psa	Aggregate Coverage Of Tenants Participating AggregateCoverageOfTenantsParticipating	5800000000	usd
CY2023Q1	us-gaap	Contractual Obligation ContractualObligation	249500000	usd
CY2023Q1	us-gaap	Contractual Obligation Future Minimum Payments Due Remainder Of Fiscal Year ContractualObligationFutureMinimumPaymentsDueRemainderOfFiscalYear	189600000	usd
CY2023Q1	us-gaap	Contractual Obligation Due In Next Twelve Months ContractualObligationDueInNextTwelveMonths	59400000	usd
CY2023Q1	us-gaap	Contractual Obligation Due In Second Year ContractualObligationDueInSecondYear	500000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	62500000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	2100000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	3100000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	3000000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	3000000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	2100000	usd
CY2023Q1	psa	Lessee Operating Lease Liability To Be Paid After Year Four LesseeOperatingLeaseLiabilityToBePaidAfterYearFour	49200000	usd

Files In Submission

Name	View Source	Status
0001393311-23-000025-index-headers.html	Edgar Link	pending
0001393311-23-000025-index.html	Edgar Link	pending
0001393311-23-000025.txt	Edgar Link	pending
0001393311-23-000025-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
psa-20230331.htm	Edgar Link	pending
psa-20230331.xsd	Edgar Link	pending
psa-33123xex31_1.htm	Edgar Link	pending
psa-33123xex31_2.htm	Edgar Link	pending
psa-33123xex32.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
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R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
psa-20230331_cal.xml	Edgar Link	unprocessable
psa-20230331_def.xml	Edgar Link	unprocessable
psa-20230331_pre.xml	Edgar Link	unprocessable
psa-20230331_lab.xml	Edgar Link	unprocessable
psa-20230331_htm.xml	Edgar Link	completed
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
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R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
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R32.htm	Edgar Link	pending
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R42.htm	Edgar Link	pending
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R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
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R48.htm	Edgar Link	pending
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R5.htm	Edgar Link	pending
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R55.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$PSA
Public Storage Stock $psa

2023 Q2 Form 10-Q Financial Statement

#000139331123000025 Filed on May 03, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PSA Public Storage Stock $psa

2023 Q2 Form 10-Q Financial Statement

#000139331123000025 Filed on May 03, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PSA
Public Storage Stock $psa